In depth review - please have a read
Pros
Salary: 1st year - £30k - £48k 2nd year - £48k - £72k 3rd year - £55k - £90k 4 or 5 years onwards - potential to earn £100k Client offering: There are a lot of poorer intermediaries out there in the financial industry and for the last 20 years Fisher Investments UK has performed very well
Cons
Progression: Put simply, it does not exist at Fisher investments UK. The same cannot be said about the USA where all decision making is done. So try not to get "sold" in the interview that a reason to leave your current job is because of Fisher's career progression (it happens all too often) Management: Very poor and do not fit their respective roles. Many senior and middle managers can only be described as comical in the way they lead various teams. This is especially notable in the Account Executive (AE) team where managers immediately lack any respectability or integrity in their actions. The Fisher "Sell": Be prepared from the first minute you enter the building (interview or first day) to be sold by most employees. The interview itself is a sales process for Fisher and this is an obvious approach to most things throughout the firm. The best proof is contained in negative prospect feedback online, whereby people are hassled constantly and "forced into the diary". The salary, working conditions, flexibility and study support are always embellished by Fisher, or are simply flat out incorrect. Therefore it is up to each individual to make their own decision, but be extremely skeptical from day one! The job: If you want to earn money and do it in the simplest way possible - Fisher could well be for you! Your role is to ask people for a meeting. Nothing more, nothing less. What that therefore entails is a learning curve of around two weeks training and then you can do the same thing, everyday for the rest of your Fisher days (i.e. progression is incredibly rare from the AE team). You are led to believe you are an executive salesman, but quickly you will realise all you do is cold call and ask someone for a meeting. Nothing more, nothing less. Furthermore you will do better making lots of calls rather than relying on the quality “pitching” . Therefore if you haven't sold your soul walking through the door on the first day, you soon will be lead to believe you should slave away until 7:30pm trying to make a fast buck. "Whats your extension" This quote comes directly from the "sales" floor whereby managers will ask to directly speak to you. However at Fisher it works a little differently. Frequently you will overhear a conversation with the person next to you, whereby they are gifted HOT leads. Although some people may say "such is life", this is your golden ticket to earning money at Fisher. DO NOT believe for one second the AE team is a meritocracy, it is far from it. If you go down the pub on a Thursday and find yourself into the same music as a manager, you will probably find you earn £75k+ in the your 2nd year. Fisher needs to learn from its mistakes and I suggest steering clear until that day comes. This will always be the worst company I will ever work for and I feel relieved to have ceased employment with them.