Fischer Investment Group, Inc

CRD#110966
Investment Advisor Firm

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Learn more about Fischer Investment Group, Inc

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Fischer Investment Group, Inc operates as an advisory firm located in Pittsford, New York. It manages $383.6 million in assets throughout 189 customer accounts, placing it among the bigger financial advisory firms in the United States by assets under management (AUM). The firm has a small team, including 4 financial advisors. Fischer Investment Group, Inc is not a registered broker-dealer, meaning the company is not able to buy and sell securities for its accounts and those of its customers and instead must go through a broker-dealer firm to do so. Securities are exchangable financial assets like equities, options and bonds.

    Fischer Investment Group, Inc administers the majority of the firm's accounts in a discretionary manner. Discretionary management is a structure in which transaction decisions for the client's account are made by an investment advisor without needing to seek the customer's consent. It also administers 46 non-discretionary accounts totaling $258.9 million in assets. The firm's average account size is $2.0 million. An average financial advisor at Fischer Investment Group, Inc oversees about 47 client accounts, placing it towards the middle in terms of personalization.

    The firm's central office is at 1175 Pittsford-Victor Rd, Pittsford, New York 14534. It is permitted to serve clients in the state of New York.

    Assets Under Management

    $383.6 million

    Number of Advisors

    4

    Disclosures

    No

    Office Location

    1175 Pittsford-Victor Rd
    Pittsford, NY 14534

    Fischer Investment Group, Inc by the Numbers

    Total Assets Under Management

    $383.6 million

    National Average: $8.6 billion
    Total Number of Employees

    5

    National Average: 64
    Total Number of Accounts

    189

    National Average: 375,227
    Average Account Size

    $2.0 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees charged by financial advisors vary depending on which services are offered. Fees billed by the company likely consist of the following fee structures: asset-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the company.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 0% of firms

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

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    Types of Clients

    Fischer Investment Group, Inc caters to retail investors. Out of its 189 accounts, Fischer Investment Group, Inc's largest client by number of accounts is retail investors. None of the company's accounts reside abroad.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 100%
    • Corporations - 0%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Fischer Investment Group, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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