The Investment Policy Committee (IPC) is the dedicated team that makes all strategic investment decisions for client portfolios. The IPC, which includes Ken Fisher, Jeff Silk, Bill Glaser, Aaron Anderson and Michael Hanson, collectively monitors global economic and market conditions to devise and implement the firm’s investment strategies with the support of the firm’s large research group. The IPC has over 150 combined years of industry experience.
Ken founded Fisher Investments in 1979, and now serves as Executive Chairman and Co-Chief Investment Officer. His prestigious Forbes “Portfolio Strategy” column ran from 1984 through 2016, making Ken the longest continuously running columnist in Forbes’ history. He writes monthly, native language columns in major media organs around the world, including the New York Post in the United States; the Daily Telegraph in the United Kingdom; Australia’s most read newspaper, The Australian; Denmark’s leading business newspaper, Børsen; Ireland’s The Business Post; Singapore’s The Business Times; Taiwan’s Business Weekly; Caixin—often called the “Bloomberg of China”; Israel’s Calcalist; South Korea’s largest business paper, Chosun Weekly Biz; Japan’s Diamond Weekly; Spain’s largest business website and newspaper, elEconomista; Saudi Arabia’s Al Eqtisadiah; Mexico’s El Financiero; Germany’s Focus Money; Canada’s most read newspaper, The Globe and Mail; Switzerland’s leading business paper, Handelszeitung; the Hong Kong Economic Journal; Argentina’s Infobae; Belgium’s La Libre; the United Arab Emirates’ The National; France’s L’Opinion; Sweden’s Privata Affärer; Italy’s third-largest newspaper and number one business paper, Il Sole 24 Ore; the Netherlands’ largest newspaper, De Telegraaf; and Austria’s Trend. In total, his 26 unique columns span more countries in more total volume than any other columnist of any type ever. He also appears regularly on financial and news media segments globally—including Fox News, Fox Business, Sky News (UK and Australia), Bloomberg (Canada and Asia) and CNN International—and is active on social media. Ken has authored 11 books, including 4 New York Times bestsellers.
Jeff Silk
Vice Chairman, Co-Chief Investment Officer
Jeff Silk is a Vice Chairman and Co-Chief Investment Officer. Jeff oversees all portfolio management functions across a wide range of investment strategies at the firm.
Jeff joined Fisher Investments in 1983 as one of the firm’s first employees. Prior to his current role, Jeff was President and Chief Operating Officer. He has also served as Director of Trading and Operations, where he was instrumental in developing the firm’s first portfolio management, research and trading technologies.
Jeff received his undergraduate degree from the University of San Francisco. He resides in Hillsborough, California, with his family.
Bill Glaser
Executive Vice President Portfolio Management, Co-Chief Investment Officer
Bill Glaser is the Executive Vice President of Portfolio Management, Co-Chief Investment Officer and a member of the Investment Policy Committee (IPC). In those roles, he oversees the firm’s Portfolio Management Department, which includes the Research, Investment Operations, Investment Solutions, Global Custody Management, Business Process Management and Portfolio Evaluation Groups. He is also a member of the Technology Transformation Committee. Bill speaks regularly at client seminars and meets with institutional clients globally, providing information regarding market outlook, portfolio positioning and global economic factors.
Bill joined Fisher Investments in 1999 and has served on the firm’s five-member IPC since 2011. He was appointed Co-Chief Investment Officer in 2022. Prior to his current responsibilities, Bill held several different positions at the firm, including Capital Markets Research Team Leader, Securities Research Team Leader and Securities Research Analyst.
Bill has a degree in Finance from the University of Arizona. He lives in the San Francisco Bay Area with his wife and two children.
Aaron Anderson
Senior Vice President of Research
Aaron Anderson joined Fisher Investments in 2005 and currently serves as Senior Vice President of Research. Aaron has been on the firm’s five-member Investment Policy Committee (IPC) since 2011. The IPC, supported by the firm’s Research Group, monitors global economic and market conditions in order to make all strategic investment decisions for client portfolios.
Aaron currently oversees global macroeconomic analysis and capital markets research, but he has also served in many other capacities at Fisher Investments. His past responsibilities at Fisher Investments have included managing and working on the Capital Markets Research Team, editing and writing articles for Fisher Investments’ MarketMinder column, overseeing business-wide innovation projects and much more.
Over his career, Aaron has gained a deep understanding of specific capital markets topics like monetary policy. He is a regular guest on major financial TV networks, like CNBC, and is quoted in publications, like The Wall Street Journal and Reuters, for his thoughts on central bank moves, interest rate forecasts and other relevant capital markets indicators. Aaron has written two books, including Own the World: How Smart Investors Create Global Portfolios, and he continues to write financial articles.
Aaron also has years of experience working with Fisher Investments’ institutional clients, which has given him firsthand experience managing portfolios with unique goals and potentially strict guidelines. Helping these clients invest within their requirements has given him unique insight into niche areas of portfolio management, such as environmental, social and governance (ESG).
Aaron regularly meets with private and institutional clients globally. He is a regular speaker for Fisher Investments’ client seminars, where he provides insights on current market conditions, details any changes to portfolio positioning and answers client questions.
Prior to joining Fisher Investments, Aaron worked at Deutsche Bank Alex Brown as an Assistant Vice President. In that role, he was responsible for running daily brokerage operations for a team with over 1,000 client accounts. Aaron holds degrees in Geophysics from the University of California, Santa Barbara, and Applied Economics from the University of San Francisco. He currently resides in the San Francisco Bay Area and enjoys traveling, running, skiing and spending time with his family.
Michael Hanson
Senior Vice President of Research
Michael Hanson is a Senior Vice President of Research at Fisher Investments. He joined Fisher Investments in 2002 and has served on the firm’s five-member Investment Policy Committee (IPC) since 2017. As a member of the IPC, Michael plays a critical role in all strategic investment decisions for Fisher Investments’ client portfolios. In his current role, Michael also oversees the firm’s Research Group, which monitors the global economy and markets for investing risks and opportunities.
Meet the Investment Policy Committee
The Investment Policy Committee is a five-member portfolio management team responsible for making the strategic investment decisions that affect our clients' portfolios.
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