[Ken] Fisher, when interviewed at the Tiburon CEO Summit conference in San Francisco, made sexist, lewd and inappropriate comments...[including] discussing genitalia and saying that winning clients was like "trying to get into a girls pants." There was a swift backlash and investors are pulling out about $1 billion from Fisher’s firm... Fisher has been banned from future Tiburon CEO Summits...Boston Mayor Marty Walsh announced that the city would sever its relationship with Fisher Investments, taking out $248 million of pension assets because of his "profound lack of judgement." Walsh added, "Boston will not invest in companies led by people who treat women like commodities.''... Fisher apologized for his remarks by saying, "Some of the words and phrases I used during a recent conference to make certain points were clearly wrong and I shouldn't have made them.” "I realize this kind of language has no place in our company or industry. I sincerely apologize."