Fischer Financial Services, Inc. is not owned or controlled by a larger corporation. The firm is stand-alone and completely independent. The firm does not sell products or charge commissions, so our management always remains objective and in the client’s best interest.
Fischer Financial Services, Inc. is a “Registered Investment Adviser” with the U.S. Securities & Exchange Commission. We, therefore, make every effort to place the needs of our clients above those of our firm and employees. Servicing our clients with the utmost integrity has always been job one! Our clients’ best interests are at the center of all our decisions and are protected to the best of our abilities.
Performance is the scorecard of our work and is tracked for each and every account. We now have 30 years of performance statistics that are verified by an independent third party. Open and closed accounts are combined by investment objective to generate our composite returns. These returns are reported along with a benchmark of excellence, following the guidelines set forth by GIPS®. Roughly, 1,400 firms currently claim GIPS compliance worldwide. For an understanding of GIPS and its importance, click here.
We are proud of our 30-year track record and how our performance compares to appropriate benchmarks. Our firm’s performance statistics are available upon request along with our GIPS Compliance verification letters.
Not according to us but by an independent consultant who conducted a study of our clients, clients always reach a live person on the phone during normal business hours. All phone calls are either addressed immediately or are returned in a four-hour block of time with an answer.
Our investment managers average over 28 years in the industry and at our firm. There has been 0% turnover of our professional staff since our inception in 1988. Therefore, we know your name. You are able to speak with an actual portfolio manager about your account and not some sales representative.
Specialists are important in our complex global economy. Just as specialists exist in medicine, so too do specialists exist in the financial services industry. For example, you would not go to your general doctor if you had a brain tumor. A prudent person would seek the expertise of a qualified brain surgeon. The analogy applies to one seeking to have their investment portfolio reviewed and managed. Why would one go to a generalist, such as a financial planner, instead of a specialist, full-time investment manager? During 1993, our firm evolved to full-time investment management.
Our turnover has ranged from 4% to 30% which is far less than the average mutual fund. With our low turnover, we minimize our client’s tax burden.
On June 30, 1988, Fischer Financial Services, Inc. began its corporate existence as possibly the only totally “fee-only” financial planning firm in Central Pennsylvania. Over the years, the firm evolved into a “fee-only” investment management firm. We still guide our clients to their financial goals, but do that as a part of our asset management fee.
Past performance is no guarantee of future results. Registration does not imply a certain level of skill or training. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment strategy will be successful.