Foster & Wood offers investment advice and manages portfolios for individuals, high-net-worth individuals, and retirement plans. For individuals, they create personalized investment plans based on your goals, risk tolerance, and time horizon. They primarily use stocks, ETFs, and mutual funds. They also offer financial planning services, including estate, tax, and retirement planning, and coordinate with other advisors like CPAs and attorneys.
Fee Structure
Foster & Wood charges a percentage of your portfolio each year for investment management. The specific rate is agreed upon in your investment advisory agreement, but the maximum annual fee is 1.00%. The fee is based on the value of the assets in the account and is billed quarterly. Fees may be negotiable based on the size of the account, complexity, or activity.