Foster Group, Inc.

RIASEC RegisteredEst. 1991
Total AUM
$4.8B
Discretionary
$4.6B
96% of AUM
Avg account
$650K
Accounts
7,346
Employees
93
Advisory reps
60

Firm details

Headquarters
West Des Moines, Iowa
CRD number
107148
Registered since
May 30, 1991
Website
www.fostergrp.com
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 established in 1991 that serves both individual/family clients and institutional mandates. The firm provides financial planning and portfolio management for individuals, small businesses and institutions, and offers pension consulting services. It charges fees on a percentage-of-AUM basis and also uses hourly and fixed-fee arrangements. Foster Group identifies as an active ESG investor and reports being privately owned with domestic corporate and individual ownership elements. It does not act as a capital allocator and currently operates under a single-state registration model. The firm has been recognized in industry outlets, including 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

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Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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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
  • Travis Rychnovsky

    Travis Rychnovsky

    Chief Growth OfficerCRD 4828752

  • Matthew Abels

    Matthew Abels

    Chief Practice OfficerCRD 4539689

  • Kate Juelfs

    Kate Juelfs

    Chief Operations Officer / Chief Compliance OfficerCRD 5254476

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Contacts

3 of 55
  • Mark Stadtlander

    Mark Stadtlander

    Advisor ManagerCRD 1733436

  • Brittany Heard

    Brittany Heard

    Lead AdvisorCRD 6230341

  • Zachary Dalluge

    Zachary Dalluge

    AdvisorCRD 6991947

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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 128

Active vs passive

$3.7B in ETFs

Passive

65%

$2.4B

Active

35%

$1.3B

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD TOTAL STOCK MARKET INDEX FUND (VTI)VanguardPassiveLarge Blend$523M1,414,06314.29%
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Location

Primary office

West Des Moines, IA

Polk

Location

West Des Moines, IA

Headquartered in West Des Moines, 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
6601 Westown Pkwy
Time zone
CT (UTC-6)
Office locations

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