Why Does Ken Fisher Hate Annuities?

Ken Fisher is a very well-known magazine columnist, author, investment analyst, and money manager. You may have seen his columns in Forbes or his firm's advertisements. They get your attention because Ken Fisher hates annuities.


According to his literature, Ken Fisher hates annuities for several valid reasons:

  • They can be complicated to understand
  • There can be high fees (especially with variable annuities)
  • There is usually a commission involved
  • They are not always the best option for the client

These are all understandable reasons to hate annuities. Some financial advisors really dislike annuities and cash value life insurance because from what they see:

  • The owner doesn't really understand what they have
  • It wasn't offered in the best interest of the client
  • They can do a better job managing your money
Is it possible that Ken Fisher actually LOVES annuities?

Why Ken Fisher really LOVES Annuities

That said, perhaps Ken Fisher doesn't really hate annuities - maybe he actually loves them! You could say that a dentist hates cavities, but from a business standpoint, he makes a living off of them. In a way, a dentist has to love cavities.

Fisher Investments manages $65 billion in investments. Annuity evaluations and surrenders is a large part of their strategy to get more assets under management. (They offer to pay surrender fees so that they can manage your money instead. Of course in the long run, they stand to profit from the fees you will pay them.)

Who should you listen to when it comes to annuities?

When considering whether an annuity is right for you, you have to consider the source of information.

If you are talking with someone who only offers annuities, they clearly have a conflict of interest. If you meet with some whose firm never offers annuities, that too is a sign of a bias.

The ideal financial advisor uses the best tool(s) for each client’s unique situation.

That means that sometimes an annuity might be a good solution. It might mean that investment advice and management might be a good solution. Or maybe both.

It doesn't have to be either / or all the time. Our business model is different than that of many firms in that we don't have only one tool in the toolbox. We use three major Safe Money strategies instead of just one or two. This gives you the best options for your situation.

If you want to know about an annuity that you have, or are looking for a second or third option, we would be happy to speak with you.

Maybe we can help. Maybe we can't. It depends on your situation. Be assured that if what we do is NOT in your best interest, we will pleasantly tell you so and point you in the direction you need to go!

Our toll-free number is 844-744-6445. Or you can fill out our contact form if you prefer to type instead.