Foster Group, Inc.

RIASEC Registered
Total AUM
$4.8B
Discretionary
$4.6B
96% of AUM
Avg account
$650K
Accounts
7,346
Employees
93
Advisory reps
60

Firm details

Headquarters
Urbandale, Iowa
CRD number
107148
Registered since
May 30, 1991
Custodians
CHARLES SCHWAB & CO., INC., PERSHING LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI66.22%
  • Individuals18.26%
  • Corporations / Businesses8.24%
  • Charitable Organizations5.68%
  • Other1.59%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

Foster Group, Inc. is an independent registered investment adviser that has been SEC-registered since 1991. The firm serves a mix of individuals, families and institutional clients, offering financial planning, portfolio management for individuals and businesses, and pension-consulting services. Its fee schedule includes percentage-of-AUM billing as well as hourly and fixed-fee arrangements, and the firm identifies itself as an active ESG investor. Foster Group operates as a corporation with domestic and individual ownership. The adviser has received several industry recognitions in recent years, including mentions in FA Magazine (Top RIA Firms, 2020), investor.com (Top RIA Firms to Watch, 2020), CNBC (Top 100 Financial Advisory Firms, 2021 and 2022) and Citywire (50 Growers Across America, 2023).

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 69%, Exchange Traded Equities 23%, Cash & Cash Equivalents 5%, Non-Exchange Traded Equities 1%, State & Local Bonds 1%, Private Funds 1%69%
  • Public Funds/Mutual Funds69%
  • Exchange Traded Equities23%
  • Cash & Cash Equivalents5%
  • Non-Exchange Traded Equities1%
  • State & Local Bonds1%

Owners & executives

3 of 5
  • Kate Juelfs

    Kate Juelfs

    Chief Operations Officer / Chief Compliance OfficerCRD 5254476

  • Travis Rychnovsky

    Travis Rychnovsky

    Chief Growth OfficerCRD 4828752

  • Matthew Abels

    Matthew Abels

    Chief Practice OfficerCRD 4539689

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Contacts

3 of 55
  • Matthew Moklestad

    Matthew Moklestad

    Lead AdvisorCRD 5790180

  • Kadin White

    Kadin White

    Lead AdvisorCRD 5114259

  • Colleen Claude

    Colleen Claude

    Advisory Team ManagerCRD 5163495

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 122

Active vs passive

$3.6B in ETFs

Passive

67%

$2.4B

Active

33%

$1.2B

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD MORNINGSTAR TOTAL STOCK MARKET INDEX FUND (VTI)VanguardPassiveLarge Blend$530M1,417,47114.89%

Location

Primary office

Urbandale, IA

Polk

Location

Urbandale, IA

Headquartered in Urbandale, IA, anchoring the Des Moines-Ames-West Des Moines, IA metro in the Midwest.

Metro area
Des Moines-Ames-West Des Moines, IA
Region
Midwest
County
Polk
Address
12421 Meredith Dr
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth