Fisher Investments and Advent International Dismiss Acquisition Rumors

In a swift response to recent media speculation, Fisher Investments and Advent International have categorically denied any discussions related to a potential deal. This clarification comes on the heels of a report from the Wall Street Journal which suggested that Ken Fisher's wealth management firm was in acquisition talks with Advent International, a leading global private equity investor.

Acquisition Rumors Quashed

Following the circulation of the rumor by the Wall Street Journal, representatives from both firms have firmly stated there is no truth to these claims. An Advent International spokesperson has directly informed Reuters that there is no ongoing negotiation for the purchase of Fisher Investments. Similarly, Fisher Investments has branded the report as inaccurate, emphasizing that the firm is not engaged in sale discussions with Advent International or any other entity.

Fisher Investments' Market Presence

Fisher Investments is a prominent player in the financial management sector, established by billionaire Ken Fisher. Servicing a diverse clientele that includes both individual and institutional investors, Fisher Investments boasted a substantial $236 billion in assets under management as of December 31, according to data from the company's own platform.

No Change in Ownership

The unified stance from both Fisher Investments and Advent International has made it clear that there is currently no change in the ownership or management of Fisher Investments. The wealth management firm remains steadfast in its operations and continues to work independently, as it has been since its inception.

Fisher, Advent, Acquisition