Ken Fisher Boosts Wall Street West With $197 Billion Texas Shift

Ken Fisher made a serious investment when he moved his firm north from California to Washington seeking a friendlier business climate to house its rapid expansion.

Now, just years after settling into a scenic wooded campus in Camas, just across the river from Portland, Oregon, the billionaire money manager is again shifting the headquarters of Fisher Investments, this time south to a Dallas suburb.

The announcement came in a sarcastic statement late last week after the highest court in Washington state said a capital gains tax on the state’s wealthiest residents is constitutional.

“In honor of the Washington State Supreme ...