How the Advisor Helps Clients – Key Takeaways:
Foster & Motley Inc. is a financial advisory firm that prides itself on providing expert financial advice and guidance to its clients. With a team of experienced and knowledgeable advisors, Foster & Motley Inc. offers a wide range of financial services and caters to various types of clients. Here are the key takeaways on how this firm helps its clients:
- Advisors at Foster & Motley Inc. act as trusted financial experts, providing objective and personalized advice to their clients.
- They work closely with clients to understand their financial goals and design a customized financial plan to help them achieve those goals.
- The firm follows a holistic approach to financial planning and offers a wide range of services, including investment management, retirement planning, tax planning, estate planning, and more.
- Clients have access to a team of experienced advisors who specialize in different areas of financial planning and can provide expert advice and support to meet their specific needs.
- Foster & Motley Inc. prides itself on providing transparent and unbiased advice, putting the client’s best interests first.
Facts and Insights
Founded in 1994, Foster & Motley Inc. has established a strong reputation in the financial advisory industry. Over the years, the firm has earned numerous awards and recognition for its exceptional services, including being named as one of the top 300 registered investment advisors by Financial Times. With a team of more than 30 employees, including 11 advisors, Foster & Motley Inc. has over $2.5 billion in assets under management.
Assets Under Management, Number of Advisors and Time in Business:
| Year Founded | Number of Advisors | Assets Under Management |
|---|---|---|
| 1994 | 11 | $2.5 billion |
Financial Services Offered
Foster & Motley Inc. offers a wide range of financial services to its clients, including:
- Investment Management
- Retirement Planning
- Tax Planning
- Estate Planning
- Insurance Planning
- Education Planning
- Charitable Giving Planning
Client Types
Foster & Motley Inc. caters to a diverse range of clients, including individuals, families, business owners, and institutions. The firm understands that each client has unique financial goals and needs, and therefore, they tailor their services to meet the specific requirements of each client. Their clients range from high-net-worth individuals to retirees and business owners.
Fees & Compensation
Foster & Motley Inc. follows a fee-based compensation structure and charges a percentage of assets under management as their fees. This means that the more assets a client has under the firm’s management, the higher the fees will be. The firm believes in transparent and fair compensation and does not receive any commissions or kickbacks for recommending particular investments or products.
Background
Foster & Motley Inc. was founded in 1994 by Mike Motley and Jerry Foster. Both founders had a vision to provide clients with expert and unbiased financial advice. Today, the firm’s team of advisors continues to uphold this vision and provide clients with transparent and personalized financial planning services. The firm is headquartered in Cincinnati, Ohio, and has offices in Kentucky and Florida.
Financial Advisor Disclosures to Know
When choosing a financial advisor, it is important to understand any potential conflicts of interest that may arise. Foster & Motley Inc. believes in transparency and adheres to the fiduciary standard, which means they are legally required to act in their clients’ best interests. In order to maintain this standard, they have a strict code of ethics and disclose any conflicts of interest that may arise. Clients can also review the firm’s Form ADV, which provides information on their services, fees, and potential conflicts of interest.