At Foster Group our financial advisors help make Your Financial Life, Truly Cared For®. Our mission is to always deliver wise financial counsel, while serving with character, competence, and care. Our fiduciary financial advisors work to maximize outcomes, while minimizing risk. We act prudently and purposefully to provide guidance that will best benefit our clients. That’s what truly caring is all about.
At Foster Group our financial advisors help make Your Financial Life, Truly Cared For®. Our mission is to always deliver wise financial counsel, while serving with character, competence, and care. Our fiduciary financial advisors work to maximize outcomes, while minimizing risk. We act prudently and purposefully to provide guidance that will best benefit our clients. That’s what truly caring is all about.
INDEPENDENT
We make our own decisions. We are not affiliated with any third parties who influence what is best for
the clients we serve.
INTERNALLY OWNED
We are owned by 30 shareholders who are actively involved in the company. We have no intention of accepting
capital from third parties.*
MULTI-GENERATIONAL
The ages of our owners span across three generations to help ensure client relationship continuity.
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 ownership spans over three generations of employees to help ensure continuity in our service to clients. Being an SEC-regulated fiduciary and our belief in fee-only compensation structures with our clients also ensures that we put your best interests first.
Our 30 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.
Foster Group is the only firm in Iowa and Nebraska that has been continuously certified as a registered fiduciary by The Centre for Fiduciary Excellence (CEFEX) since 2007.
The Team at Foster Group is focused on helping you achieve your specific financial needs and goals.
The Department of Labor has identified three criteria that advisors and financial services firms can satisfy to demonstrate compliance to the fiduciary relationship standard. Per the criteria, they should:
The word “fiduciary” comes from the Latin “fiducia,” meaning “trust.” It refers to an individual or an entity with the power and obligation to act for a beneficiary under circumstances requiring total trust, good faith, and honesty. Characteristically, the fiduciary has greater knowledge and expertise about the matters being handled than does the beneficiary. A fiduciary is legally held to the highest standards of conduct and trust. Foster Group is an SEC-regulated fiduciary. Read more about Foster Group’s fiduciary commitment.
Not all financial advisors are fiduciaries, which is why you should always ask. Foster Group fiduciary financial advisors are held to the highest ethical standards and act only in the best interests of our clients. We are client-driven, not commission-driven. In fact, we do not offer commission-based products.
Since 1989, the team at Foster Group has been committed to helping you feel Truly Cared For®. Spanning our ownership over 3 generations of employees to help ensure relationship continuity is just the start. Being an SEC-regulated fiduciary and our belief in fee-only compensation structures with our clients also ensures that we put your best interests first.
We believe in clients having full-access to the collective abilities of all our team members, rather than being served by just a single advisor. And, perhaps most importantly, we are committed to going beyond the portfolio, to understand the hearts and purposes of our clients.
We display our values-driven approach not just in what we say, but in how we serve our clients, our communities, and our fellow team members. By advancing our advice with science and getting the right people in the right positions, we are in constant pursuit of a better client experience.
*All data as of 03.01.2025.
**CEFEX® Centre for Fiduciary Excellence, LLC is an independent global assessment and certification organization. CEFEX works closely with industry experts to provide comprehensive assessment programs to improve the fiduciary practices of investment stewards, advisors, recordkeepers, administrators and managers.
