Fisette & Kim Financial Services was formed in February 2010 by the father-daughter team of Michael and Erica Fisette. Prior to that from 2003 – 2010, Michael and Erica were Financial Advisors at Banc of America Investment Services, Inc., which later merged with Merrill Lynch. From humble beginnings, they began their careers sharing a very cozy cubicle at Bank of America’s Eastgate Banking Center in Bellevue, WA.
In 2010, Michael and Erica realized it was time for them to venture out on their own as they formed Fisette & Kim Financial Services, LLC. After interviewing several broker-dealers, Raymond James was the standout winner. They moved just a few miles east down I-90, and hung out their shingle at Lake Place Office Center in Issaquah, WA. They quickly outgrew their new office in just 3 years, and subsequently moved to Issaquah Highlands, where Fisette & Kim Financial Services has been located since 2013.
In 2019, after building their business up to $180,000,000 in assets under management, they hired another Financial Advisor, Greg Leonard, who was previously with Fidelity Investments in Bellevue, WA.
After working side-by-side for 17 years, Erica unexpectedly chose to leave the business in early 2020. Shortly thereafter, Michael hired his first summer intern, Brady Jowell, who entered his Senior year at Central Washington University, and will graduate with a Bachelor’s degree in Personal Financial Planning. Brady made such an impression that Michael agreed to keep him on a part-time basis through his Senior year, with the hope that Brady will accept a full-time position upon his graduation in June of 2021.
During their tenure with Banc of America Investment Services, Inc., Michael & Erica formed a mentorship relationship with Ethan Kim in January of 2007, who at the time was a newly-minted Financial Advisor with Banc of America Investment Services, Inc. Over the years, they developed a deep personal and professional relationship that helped Ethan realize the same goal and vision of launching his own business. During Ethan’s career from 2007 - 2020, he assembled an impressive clientele on his own at Bank of America-Merrill Lynch, and later at Key Investment Services. Ultimately, Ethan grew his business to $145,000,000 in assets under management. In January 2018, Ethan took on Scott Milam as a partner at Key Investment Services. Interestingly, Scott always shared the same goal and vision, and they worked towards that goal over the years.
In 2020, Ethan & Scott decided that it was time to start their own investment advisory practice. Contemporaneously, Fisette & Kim Financial Services experienced the departure of Erica. With the genesis of one company and a significant change for another, Michael and Ethan decided that working together would create a meaningful synergy that would enable a more profound experience and advice for their clients, rather than operating separately.
So, on September 10, 2020, Ethan and Scott left Key Investment Services to join Raymond James Financial Services, and form their own practice, Embark Wealth Advisors, LLC. In November 2020, Michael formed a new practice, Fisette & Kim Financial Services, to reflect this new reality and the acceptance that Erica will not be returning. While Ethan and Scott’s practice legal name is Embark Financial Services, LLC, they are doing business as Fisette & Kim Financial Services, LLC. Over time, they will likely merge Embark into Fisette & Kim Financial Services, LLC.
Although Erica’s departure was unexpected, Michael’s life has been a recurring theme of doors being shut, but always leading to better opportunities. Michael is very pleased and proud of the team he’s assembled.