Ken Fisher banned by conference organiser for vulgar comments — now what?

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The likes of Fisher's sexist comments are still common at financial industry conferences, as women still number among the vast minority

Fisher Investments founder Ken Fisher. File picture: BLOOMBERG VIA GETTY IMAGES/GILLIANNE TEDDER.

Then on Tuesday, billionaire Ken Fisher took the stage at a summit for wealth and investment industry leaders in California and stunned the crowd by comparing the process of gaining a client’s trust to “trying to get into a girl’s pants” and also talking about genitalia. He has been trying to explain his remarks ever since, apologising repeatedly.

“Those kinds of things have been said in front of me for a very long time” while socialising at conferences, she said. “At the same time, the networking is the most important part.”Women — often a small fraction of conference attendees — also described trying to network with men who respond with elevator eyes, comment on their appearance, or reach out mid-conversation to touch their hair, arms or backs. One woman said she keeps having the same experience: Male attendees drink and get handsy.

The venue where Fisher spoke is meant to be private. Tiburon Strategic Advisors hosts the summit for CEOs, charging a $25,000 membership fee that includes access to the semi-annual events in San Francisco and New York. Unlike many conferences hungry for attention, Tiburon’s are closed to the media. The idea is to create “the only true forums where financial services industry CEOs” can freely discuss business opportunities, according to the company’s website.

 

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