Professional Biography
Reed R. Rinderknecht, CFP®, is a Partner of Foster Group. Reed’s primary responsibilities include managing client relationships and directing the firm’s new business development strategies and resources. Before joining Foster Group in 1997, Reed spent four years with Beech Aircraft Company in Wichita, Kansas, as a part of Raytheon Company’s Financial Management Development Program (FMDP). His extensive corporate finance experience is an asset to our consulting clients. Reed graduated from University of Iowa in 1992 with a Bachelor of Science degree in Finance. In 1998, he earned his Certified Financial Planner CFP® designation.
Reed has been featured in numerous articles in the Wall Street Journal, the Des Moines Register and Des Moines Business Record on financial planning and investment topics. Reed is a past-President of Des Moines Estate Planners and the Financial Planning Association of Iowa. He speaks frequently for the Nebraska Medical Association, Metro Omaha Medical Society, Iowa Medical Society, and the Polk County Medical Society on financial, economic, and life-planning topics.
Reed is active in various civic organizations, previously participating in the Greater Des Moines Leadership Institute and presently with the Des Moines Triathlon Club. Reed, his wife, Kristin, and their two children live in Clive, Iowa.
Personal Thoughts
I believe understanding someone’s personal history offers tremendous insight to their character. I was born and raised in the Midwest, in a very loving family. I watched my parents plug into each community where we lived, treating people with honesty, respect, and compassion and making their family, faith, and finances priorities. As they invested in these communities, the communities reciprocated. This resulted in a successful, rewarding “internship” from which I learned.
As part of the 1991 University of Iowa football team which was the Big 10 Champion and went to the Rose Bowl, I learned the importance of a team playing well together. I have also been fortunate to compete and finish over 80 triathlons in my career, including 5 Ironman Triathlons and the 2008 Ironman World Championships in Kona, Hawaii, all with NO DNF’s (Did Not Finish).
As we discuss the value of money, the importance of meaningful work, education and the challenges in each person’s financial and life plan, I enjoy helping our clients persevere and get to their finish line. Our training plan could cover work issues, retirement and investment planning, cash-flow, estate planning concerns, sibling relationships, paying for college, caring for elderly parents and issues of ethical and moral responsibility. Coupled with a transparent, academically-driven investment philosophy we develop strategies with a high probability of success.
Years of experience and hundreds of client situations influence us, collectively, shaping our philosophy and relationship with our clients. Being “fee-only” consultants, allows us to place the client’s best interests at the center of all our actions.
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