Fisher Investments Denies Report of Its Possible Sale

Ken Fisher founded the closely held firm in 1979, and last year moved its headquarters to the Dallas suburb of Plano after the highest court in Washington state said a capital gains tax on wealthy residents was constitutional.

The 73-year-old has an estimated net worth of $4.3 billion, according to the Bloomberg Billionaires Index.

Advent, which has made private equity bets since 1989, counts financial services among its areas of focus and has backed companies including Worldpay and Vantiv, its website shows.

(Credit: Bloomberg)

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