HOW WILL YOUR STORY UNFOLD?

Since 1989, The Team at Foster Group has been serving the unique needs of Business Owners, Executives, Medical Professionals, Families, Ultra-High Net Worth and more.

DANIEL'S STORY

Daniel took out loans to pay for his education and buy into his medical practice. He has been focused on paying them back, but also wants to make sure he saves enough to travel the world in retirement, protects his family from the unexpected, and creates his legacy. Foster Group can help Daniel:

  • Create a strategy to pay off his debt and structure his cash flow to maximize retirement contributions 
  • Build an investment plan to help grow his wealth and start college savings plans for his kids 
  • Identify insurance solutions to protect his savings from a lawsuit and address other potential risks
  • Create an estate plan with the essential documents he needs 

Get Your Financial Confidence Report

Do you have some lingering questions that may cause you to lack confidence in your financial situation? Foster Group can help you plan for the future you envision and live a life of meaning – beginning with your complimentary Financial Confidence Report. Fill out the form to get your report.

By providing an email and submitting the form you are consenting to be contacted by Foster Group.

Daniel took out loans to pay for his education and buy into his medical practice. He has been focused on paying them back, but also wants to make sure he saves enough to travel the world in retirement, protects his family from the unexpected, and creates his legacy. Foster Group can help Daniel: 

  • Create a strategy to pay off his debt and structure his cash flow to maximize retirement contributions 
  • Build an investment plan to help grow his wealth and start college savings plans for his kids
  • Identify insurance solutions to protect his savings from a lawsuit and address other potential risks 
  • Create an estate plan with the essential documents he needs 

Get Your Financial Confidence Report

Do you have some questions in the back of your mind that may cause you to lack confidence in your financial situation? Foster Group can help you plan for the future you envision and live a life of meaning – beginning with your complimentary Financial Confidence Report. Fill out the form to get your report.

By providing an email and submitting the form you are consenting to be contacted by Foster Group.

More Stories

Joe's Story - Business Owner - Read More

With a daughter in medical school and a son studying theater, it was time for Joe and his wife Ellen to begin thinking about the eventual sale of their business. Foster Group can help them:

  • Financially prepare to enjoy retirement
  • Build an advisory team, including attorneys and CPAs, to help value their business, structure it for a sale, make sure employees are protected, and divide the proceeds among the family co-owners
  • Develop an investment strategy for the sale proceeds and a philanthropic plan for giving
  • Create a plan for their legacy 
Amanda's Story - Executive - Learn More

Amanda’s executive benefits include deferred compensation and restricted stock units (RSUs)with complex tax, timing, and vesting considerations. She is not sure how much income to defer or how long to defer it and how to make the most of her company stock. Foster Group can help Amanda:

  • Create a diversified investment strategy and consider the risks of her highly concentrated position
  • Determine how much to defer while maintaining liquidity for college tuition and her payout date, since her planned retirement is well into the future
  • Understand the vesting schedule for her RSUs and tax implications associated with how long they are held
  • Channel funds into college savings plans
Monica's Story

Monica is a consultant who bills hourly. Her daughters moved home after college to save money, so now Monica is “sandwiched” between two generations. She wants to help her mother, who does not have long-term care insurance, and prepare for her own future so she is never a burden to her daughters. Foster Group can help Monica: 

  • Create a budget, so she knows how much support she can afford to provide  
  • Have financial conversations with her daughters and her mother  
  • Identify eldercare resources to minimize her time away from work 
  • Analyze her own long-term care options to prepare for her future 
  • Create an investment strategy and a plan for retirement that maximizes her Social Security benefits 
Nick & Katie's Story - Charitable Giving

Nick and Katie have spent their working years saving and investing. They have a significant nest egg, including highly appreciated stock. With grown children who have children of their own, they would like to learn about strategies for giving back to help them live a life filled with meaning. Foster Group can help Nick and Katie:

  • Determine how much they can afford to give, explore their options for charitable giving, and set up a Donor-Advised Fund (DAF)
  • Donate appreciated securities to maximize their gift and benefit from an immediate tax deduction to benefit them in a high-income year
  • Develop an investment strategy for the sale proceeds and a philanthropic plan for giving
  • Review their estate plan to lower the tax burden for their heirs and use charitable giving to offset estate taxes, which they consider a win-win
Joe's Story - Business Owner - Read More

With a daughter in medical school and a son studying theater, it was time for Joe and his wife Ellen to begin thinking about the eventual sale of their business. Foster Group can help them:

  • Financially prepare to enjoy retirement
  • Build an advisory team, including attorneys and CPAs, to help value their business, structure it for a sale, make sure employees are protected, and divide the proceeds among the family co-owners
  • Develop an investment strategy for the sale proceeds and a philanthropic plan for giving
  • Create a plan for their legacy 
Amanda's Story - Executive - Learn More

Amanda’s executive benefits include deferred compensation and restricted stock units (RSUs)with complex tax, timing, and vesting considerations. She is not sure how much income to defer or how long to defer it and how to make the most of her company stock. Foster Group can help Amanda:

  • Create a diversified investment strategy and consider the risks of her highly concentrated position
  • Determine how much to defer while maintaining liquidity for college tuition and her payout date, since her planned retirement is well into the future
  • Understand the vesting schedule for her RSUs and tax implications associated with how long they are held
  • Channel funds into college savings plans
Monica's Story

Monica is a consultant who bills hourly. Her daughters moved home after college to save money, so now Monica is “sandwiched” between two generations. She wants to help her mother, who does not have long-term care insurance, and prepare for her own future so she is never a burden to her daughters. Foster Group can help Monica: 

  • Create a budget, so she knows how much support she can afford to provide  
  • Have financial conversations with her daughters and her mother  
  • Identify eldercare resources to minimize her time away from work 
  • Analyze her own long-term care options to prepare for her future 
  • Create an investment strategy and a plan for retirement that maximizes her Social Security benefits 
Nick & Katie's Story - Charitable Giving

Nick and Katie have spent their working years saving and investing. They have a significant nest egg, including highly appreciated stock. With grown children who have children of their own, they would like to learn about strategies for giving back to help them live a life filled with meaning. Foster Group can help Nick and Katie:

  • Determine how much they can afford to give, explore their options for charitable giving, and set up a Donor-Advised Fund (DAF)
  • Donate appreciated securities to maximize their gift and benefit from an immediate tax deduction to benefit them in a high-income year
  • Develop an investment strategy for the sale proceeds and a philanthropic plan for giving
  • Review their estate plan to lower the tax burden for their heirs and use charitable giving to offset estate taxes, which they consider a win-win

*These hypothetical case studies, based upon a combination of client scenarios, are provided for illustrative purposes only and do not represent an actual client or an actual client’s experience, but rather are meant to provide an example of Foster Group’s process and methodology. An individual’s experience may vary based on his or her individual circumstances. There can be no assurance that Foster Group will be able to achieve similar results in comparable situations. Further, not all clients will necessarily receive the same advice or level of service as those outlined, as Foster Group provides customized services based upon the nature of each client’s needs. No portion of this article is to be interpreted as a testimonial or endorsement of Foster Group’s investment advisory services and it is not known whether the hypothetical clients referenced approve of Foster Group or its services.

Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by Foster Group), will be profitable or equal any historical performance level. Not all services will be appropriate or necessary for all clients, and the potential value and benefit of Foster Group’s services will vary based upon the client’s individual investment, financial, and tax circumstances. The effectiveness and potential success of a financial, tax, and investment plan depends on a variety of factors, including but not limited to the manner and timing of implementation, coordination with the client and the client’s other engaged professionals, and market conditions. Past performance does not guarantee future results.