My understanding is that it would be illegal for Fisher Investments to give preference to some accounts vs. others and salespeople I was working with claimed that they do not do it. On the other hand, with so much money under management, it would be close to impossible for them to implement a quick change in strategy for all accounts at the same time. How would you solve this problem if you were Kenneth Fisher? Perhaps by riding through big downturns (like the current one) without taking corrective actions and by aggressively recruiting new clients to make up for losses in current clients' asset base under management.