At Foster Group, we conduct our business in a way that puts clients first. We know we’re doing the right thing and we take pride in it, but it’s always nice to get a tip of the hat from the industry peers we respect so much. Here are some recent examples of such recognition.

Gallup Great Workplace Award

Gallup recognized Foster Group as a 2019 Great Workplace Award winner. The Gallup Great Workplace Award recognizes the world’s most elite workplaces. Backed by Gallup’s world-class analytics and research into high-performance workplaces, Gallup presents this honor to organizations that have proven their ability to achieve exceptionally high levels of workplace engagement by investing in their people. Foster Group is one of only seven small employers to make the list of the 40 total employers chosen.

Disclosure:
Working with a highly-rated advisor does not ensure that a client or prospective client will experience a higher level of satisfaction or performance. This award should not be construed as an endorsement of the advisor by any client.

 

Business Record’s 2018 Best of Des Moines

Foster Group was voted runner-up in the Business Record’s 2018 Best of Des Moines in the “Best Wealth Management Company” category. Readers of the Business Record vote via an online, open-ended survey for the businesses, people, and events they viewed as the “Best of Des Moines.”

Disclosure:
Foster Group has not paid fees related to receiving this ranking and Foster Group has paid no fees to the Business Record or Business Publications to promote this ranking. The Business Record selects Best of Des Moines category winners based on the results of their annual online open-ended poll. The data is analyzed, suspicious or erroneous votes are removed, and the results are tallied for all 74 categories. All Greater Des Moines businesses, people and organizations are eligible to win categories. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Foster Group is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Foster Group by any of its clients.

 

Top Workplaces

Foster Group was recognized as a 2018 Top Workplace, an honor presented by The Des Moines Register. Inclusion in the Top Workplace list is based on the results of an employee feedback survey administered by WorkplaceDynamics, LLC, a leading research firm specializing in organizational health and workplace improvement. Several aspects of workplace culture were measured, including alignment, execution, and connection. To read more about what makes Foster Group a Top Workplace, click here.

CEFEXCEFEX

Foster Group has been certified by CEFEX (Centre for Fiduciary Excellence), an independent global assessment and certification organization. As a certifying organization, CEFEX provides an independent recognition of a fiduciary’s conformity to a defined Standard of Practice, implying that a fiduciary can demonstrate adherence to the industry’s best practices, and is positioned to earn the public’s trust. This registration serves investors who require assurance that their investments are being managed according to commonly accepted best practices. Foster Group is the only Iowa and Nebraska firm to be CEFEX certified since 2007.

Disclosure:
The Centre for Fiduciary Excellence, LLC is an independent certification organization. CEFEX works closely with industry experts to provide comprehensive assessment programs to improve the fiduciary practices of investment stewards, advisors and managers. CEFEX certifications help determine trustworthiness of investment fiduciaries. Foster Group obtained its CEFEX certification in August 2007, and has renewed each year since. In order to achieve certification, Foster Group pays an annual assessment fee of approximately $5,000. These fees are a requirement for certification and cover the cost of the independent audit. The fees paid do not have any bearing on the outcome of the assessment. For more information on CEFEX, please visit the CEFEX website.

 

Financial Times 300 Top Registered Investment Advisor

Foster Group was named to the 2018 edition of the Financial Times 300 Top Registered Investment Advisors. The list recognizes top independent Registered Investment Advisory firms across the U.S. The annual FT 300 list is produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the asset management industry.

Disclosure:
Foster Group submitted an application for ranking consideration. Foster Group has not paid fees related to receiving this ranking and Foster Group has paid no fees to Financial Times or Ignite Distribution Research to promote this ranking. Financial Times and Ignites Distribution Research independently sets their ranking criteria and Foster Group has no influence on the criteria. The Financial Times selects the top 300 firms with more than $300 million in AUM that submitted an application and limits the number of companies from any one state. The Financial Times contacted approximately 2,000 advisers and received applications from 725 advisers. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Foster Group is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Foster Group by any of its clients.

 

CNBC Top 100 Fee-Only Wealth Management Firm

CNBC Digital’s editorial team partnered with Meridian-IQ to create its annual Top 100 Fee-Only Wealth Management Firms. Foster Group was ranked among the top fifty firms in 2014 and 2015. CNBC Digital and Meridian IQ’s ranking methodology utilized a proprietary formula which incorporated assets under management, professional designations, work relationships with third-party professionals, average account size, growth of assets, years in business, number of advisory clients and the ability to provide advice on insurance solutions.

Disclosure:
Third-party rankings and recognition from rating services or publications are no guarantee of future investment success. Working with a highly-rated advisor does not ensure that a client or prospective client will experience a higher level of performance. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation.

 

AdvisoryHQ Best Financial Advisors in Iowa and Omaha

In 2017 and 2018, Foster Group, Inc., a fee-only wealth management firm, was recognized as one of the Best Financial Advisors in Iowa and Best Financial Advisors in Omaha by AdvisoryHQ News.

AdvisoryHQ News is a national review and ranking news media for the investment management, wealth and financial advisory industries across the U.S., U.K., and Canada. Through a four-step methodology, AdvisoryHQ selects qualifying firms, focusing on a  firm’s service offerings and key differentiators rather than fees generation, size or assets under management. There are several key factors leading to Foster Group’s top ranking including its guiding principles and dedication to client relationships; careful selection of a team that reflects the firm’s values; and its leadership within the medical profession.

 

RIA RankingFinancial Advisor Magazine RIA Ranking

Financial Advisor Magazine has included Foster Group in its 2018 list of top RIA (Registered Investment Advisor) firms. The list includes more than 700 RIAs from across the nation and is based on a survey of the firms’ discretionary assets under management. To be included in the rankings, firms must have at least $50 million in assets under management, be independently owned, and be registered investment advisors providing financial planning and related services to individual clients.

Disclosure:
On an annual basis Financial Advisor (FA) magazine invites Registered Investment Advisor (RIA) firms to complete a survey for this ranking. Their specific criteria for ranking is not included in their summary article. Foster Group paid no fees to be included this ranking and Foster Group paid no fees to the magazine to promote this ranking. Foster Group completed a survey in order to be considered for this ranking. In 2018 FA Magazine included 707 firms listed by assets under management. The number of firms participating wasn’t disclosed. FA magazine independently sets its ranking criteria and Foster Group has no influence on the criteria. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Foster Group, Inc. is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Foster Group, Inc. by any of its clients. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized advisor. Rankings are generally limited to participating advisors. Registration as an investment advisor does not constitute an endorsement of the firm by securities regulators nor does it indicate that the advisor has attained a particular level of skill or ability.

 

Schwab IMPACT Award®

Foster Group received Charles Schwab’s Best-in-Business IMPACT Award™ in 2012 for our efforts to be “more than a wealth management firm.” Schwab also made note of our outstanding use of “technology…particularly as it relates to workflow.”

This award recognizes an independent investment advisory firm that has been in business 10 years or more, and has elevated business management to new levels of excellence and achieved exceptional business results. The firm should also demonstrate how they have integrated technology to extend reach, responsiveness and growth of its business. The award includes a $15,000 donation to a charity of the winner’s choice.

Disclosure:
Foster Group and its employees are independent of and are not employees or agents of Charles Schwab & Co., Inc. (“Schwab”). Schwab does not prepare, verify or endorse information distributed by Foster Group. The Best-in-Business IMPACT Award™ 2012, part of Schwab’s IMPACT Awards® program, is not an endorsement, testimonial endorsement, recommendation or referral to Foster Group with respect to its investment advisory and other services.

 

 

EYFinalistErnst & Young Finalist

Foster Group founder and chairman Jerry Foster was a finalist for the Ernst & Young Upper Midwest Entrepreneur of the Year award in 2013. This award is given annually to entrepreneurs who demonstrate “excellence and extraordinary success in innovation, financial performance, and personal commitment to their businesses and communities.”

 

Financial Planning Top 150 RIA Firm

Foster Group was recognized in Financial Planning Magazine’s Top 150 RIA (Registered Investment Advisor) firms in 2017. This list is based on assets under management as reported in the Form ADV and contains independent fee-only planning firms.

Disclosure:
Discovery Data compiled the rankings based on discretionary and nondiscretionary assets under management listed on SEC Form ADV as of November 2016. To capture independent fee-only planning firms, every effort is made to exclude firms with broker-dealer and insurance company affiliations, and those with substantial outside ownership stakes held by private equity firms and some outside investors. The list does not include roll-ups, aggregators or turnkey asset management programs. To capture firms that provide true, holistic financial advice to individuals, only firms with more than 50% individual clients, as can be determined through Form ADVs, are included. Review of unusual cases may result in inclusion or exclusion, based on unique factors. Criteria is subject to change. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Foster Group, Inc. is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Foster Group, Inc. by any of its clients. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized advisor. Rankings are generally limited to participating advisors. Registration as an investment advisor does not constitute an endorsement of the firm by securities regulators nor does it indicate that the advisor has attained a particular level of skill or ability.

 

PLEASE NOTE LIMITATIONS: Please see Important Advertising Disclosure Information and the limitations of any ranking/recognitions, at www.fostergrp.com/advertising-disclosure/. A copy of our current written disclosure statement as set forth on Part 2A of Form ADV is available at www.adviserinfo.sec.gov.