Our History

Foster Group has always been committed to encouraging lives of meaning and generosity for our team, our clients, and our communities.

Our History

Foster Group has always been committed to encouraging lives of meaning and generosity for our team, our clients, and our communities.

Foster Group History | Making Financial Lives Truly Cared For® Since 1989

Making Financial Lives Truly Cared For® Since 1989

Founded by Jerry Foster in 1989 as Retirement & Investment Advisors, Foster Group has always been committed to encouraging lives of meaning and generosity for our team, our clients, and our communities.

The firm adopted a fee-only compensation model in 1992 to effectively eliminate the potential for conflicts of interest and give clients confidence that the advice we deliver is always in their best interests. Assets under management surpassed $100 million in 1997. And in 2001, the firm’s name was officially changed to Foster Group.

Today, Foster Group is a privately held, independent, fee-only financial planning and investment management firm. We are headquartered in West Des Moines, Iowa, with a regional office in Omaha, Nebraska. Our 24 shareholders* are active in the firm and represent multiple age groups. They have been selected intentionally to ensure that the level of service our clients receive today can be delivered and improved upon for generations to come.

Jerry Foster | Founder of Foster Group
Foster Group awards

Recent Third-Party Recognition for Foster Group

  1. Gallup Exceptional Workplace Award – 2018, 2019, 2020, 2021, 2022, 2023, and 2024.
  2. Winner, Best Wealth Management Category, Best of Des Moines 2023 by Business Record.
  3. Recognized in the 2023 Top 150 RIA Leaders list by Financial Planning.
  4. Recognized in the 2022 CNBC FA 100 list of top-rated financial advisory firms from among more than 39,000 RIAs, nationwide.
  5. First Place, Investment Company Category, 2022 Best of B2B by Omaha’s B2B Magazine.
  6. Top-Ranked Advisor in Des Moines by AdvisoryHQ News – four times.
PLEASE NOTE LIMITATIONS: See the Important Advertising Disclosure Information and the limitations of any ranking/recognitions.
 

*As of 1/1/2024.