Foster Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 1,700 clients last fiscal year.
Foster Group reports 2,101 clients. They include 1,241 individual clients, 715 high-net-worth individuals, and 60 corporations and other businesses. Of its assets, 96.4% ($4.6B across 6,514 accounts) are managed with discretion; $171M across 832 accounts are not. It advised 9 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 59% | 18% |
| High-net-worth individuals | 34% | 66% |
| Charitable organizations | 2% | 6% |
| Corporations and other businesses | 3% | 8% |
| Other | 2% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 1,241 | $872M | 18.3% | $703K |
| High-net-worth individuals | 715 | $3.16B | 66.2% | $4.42M |
| Charitable organizations | 45 | $271M | 5.7% | $6.03M |
| Corporations and other businesses | 60 | $394M | 8.2% | $6.56M |
| Other | 40 | $76.2M | 1.6% | $1.9M |
| Total | 2,101 | $4.78B | 100% | $2.27M |
- Clients
- 1,241
- Regulatory AUM
- $872M
- AUM share
- 18.3%
- Avg. per client
- $703K
- Clients
- 715
- Regulatory AUM
- $3.16B
- AUM share
- 66.2%
- Avg. per client
- $4.42M
- Clients
- 45
- Regulatory AUM
- $271M
- AUM share
- 5.7%
- Avg. per client
- $6.03M
- Clients
- 60
- Regulatory AUM
- $394M
- AUM share
- 8.2%
- Avg. per client
- $6.56M
- Clients
- 40
- Regulatory AUM
- $76.2M
- AUM share
- 1.6%
- Avg. per client
- $1.9M
Total
- Clients
- 2,101
- Regulatory AUM
- $4.78B
- AUM share
- 100%
- Avg. per client
- $2.27M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 9
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1700
Foster Group is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Project or one-time consulting
- Investment advice and financial planning on a project or one-time basis are charged hourly, typically at up to $250 an hour, payable on completion of the project.
Gregory Olsen is CEO; the leadership team includes Chief Investment Officer Kent Kramer and Chief Compliance Officer Kate Juelfs. It has 93 employees, 45 of them in advisory roles.
Leadership
- Gregory OlsenChief Executive Officer, Board Member
- Kate JuelfsChief Compliance
- Matthew AbelsChief Practice Officer
- Marcus IwigLead Advisor, Board Member
- Kent KramerChief Investment Officer, Board Member
- Timothy MabeeDirector of It, Board Member
- Sunny J RoederDirector of Finance
- Travis RychnovskyChief Growth Officer
- Mark StadtlanderOwner
- Bradley RempeSenior Lead Advisor, Board Member
- Ross PolkingLead Advisor - Business Development, Board Member
- Jonathan EvansLead Advisor - Business Development, Owner
- Brenton CarlsonLead Advisor, Owner
Investment adviser representatives
58 representatives listed in the SEC register as of 9 October 2026.
- Matthew John Abels
- Robert Gregory Annexstad
- Drew Bradley Beazley
- Jacob William Belzer
- Benjamin Elsworth Berger
- Caleb James Brown
- Nathan Glen Buckallew
- Dane Joseph Butler
- Brenton Lowell Carlson
- Gabrielle Rae Carlson
- Geoffrey Robert Christy
- Colleen Crystal Claude
- Caitlin Jean Clemons
- Tyler Dennis Craig
- Zachary Clifford Dalluge
- John R Davies
- Wade Alan Den Hartog
- Jonathan Michael Evans
- Andrew Douglas Farmer
- Ethan Bryce Gascho
- Lukas Andrew Georgeff
- Daniel Thomas Giles
- Amy L Gonder
- Daniel Brandon Hawthorne
- Brittany Ellen Heard
- Thomas Scott Hendricks
- Connor Hoeft
- Marcus Lee Iwig
- Justin Martin James
- Kate P Juelfs
- Jacob James Kinnetz
- Kent Allen Kramer
- James Lee Laursen
- Ashley Lee Maher-Widen
- Isabel Olivia McMillen
- Matthew D Moklestad
- Walter Philip Mozdzer
- Andrew Colin Mullan
- Gretchen Sue Muller
- Nicole Claire Nee
- Stacie A Neussendorfer
- Ryne Taylor Oller
- Gregory John Olsen
- Melissa Denise Pflieger
- Joshua Lee Pirtle
- Ross Benjamin Polking
- Bradley Dean Rempe
- Alaina Riley
- Reed Roger Rinderknecht
- Marissa May Roh
- Andrew Allan Rushenberg
- Travis James Rychnovsky
- Jace Steven Showalter
- Max Harrison Simmons
- Mathew David Stagner
- Ashlee Gabrielle Minton Vieregger
- Michael James Westphal
- Kadin Dale White
Staff
- 93 employees
- 45 in advisory functions
- 54 state-registered reps
- 4 soliciting firms
- Owns 10% to 25% of Foster Group, Inc.
Mark Stadtlander
Control person · since January 2019
- Owns 10% to 25% of Foster Group, Inc.
Gregory Olsen
Control person · since January 2017
- Owns 10% to 25% of Foster Group, Inc.
Gerald Foster Revocable Trust
Control person · since January 1991
Gerald Foster
Trustee · Control person · since January 1991
- Owns 10% to 25% of Foster Group, Inc.
Reed Rinderknecht Revocable Trust
since April 2019
Reed Rinderknecht
Trustee · since April 2019
- Owns 10% to 25% of Foster Group, Inc.
Reed Rinderknecht Revocable
since April 2019
- Owns 5% to 10% of Foster Group, Inc.
Kent Kramer
Control person · since January 2006
- Owns 5% to 10% of Foster Group, Inc.
Bradley Rempe
Control person · since January 2020
- Owns 5% to 10% of Foster Group, Inc.
Ross Polking
since January 2018
- Owns 5% to 10% of Foster Group, Inc.
Jonathan Evans
Control person · since January 2018
- Owns 5% to 10% of Foster Group, Inc.
Brenton Carlson
since January 2022
Foster Group’s regulatory assets grew 1.8× from $2.64B (April 2021) to $4.78B (March 2026); clients rose from 1,558 to 2,101 and employees from 59 to 93.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $4.78B | 2,101 | 93 | 2 |
| June 2025 | $3.54B | 1,829 | 85 | 2 |
| March 2024 | $3.24B | 1,840 | 81 | 2 |
| August 2023 | $3.08B | 1,814 | 75 | 2 |
| March 2022 | $3.39B | 1,700 | 65 | 2 |
| April 2021 | $2.64B | 1,558 | 59 | 2 |
Besides its headquarters, Foster Group has 1 office, with 2 listed addresses in Iowa and Nebraska.
Iowa · 1 listed address
- 6601 Westown Parkway, Suite 100, West Des MoinesHQ
Nebraska · 1 listed address
- 14301 FNB Parkway, Omaha
Contact and registration details
- Legal name
- Foster Group, Inc.
- Headquarters
- 6601 Westown Parkway, Suite 100, West Des Moines, IA 50266
- Website
- fostergrp.com
- Phone
- 515-226-9000
- @foster-group
- SEC file
- 801-38507
- Structure
- Iowa corporation
- Fiscal year end
- December
Foster Group uses Charles Schwab ($4.1B, 92%) and Pershing ($372M, 8%) as custodians for its separately managed accounts. Foster Group has custody of $7.49M in client assets for 85 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $4.1B92%
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $372M8%
At year end, Foster Group’s separately managed accounts were mostly in funds (70%) and stocks (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $3.76B across 318 positions; the largest are Vanguard Index Fds (13.9%), Vanguard Tax-managed Fds (5.5%) and Vanguard BD Index Fds (5.0%).
What the accounts hold
- Stocks24%
- Exchange-traded equities23%
- Non-exchange-traded equities1%
- Funds70%
- Registered funds69%
- Pooled vehicles1%
- Bonds1%
- Cash5%
Reported 13F holdings
- $3.76B
- Reported 13F value
- 318
- Positions
- 52.4%
- In the 10 largest
- +12.0%
- Value vs. prior quarter
- Vanguard Index Fds · Total Stk Mkt13.9%
- Vanguard Tax-managed Fds · Van FTSE Dev Mkt5.5%
- Vanguard BD Index Fds · Total Bnd Mrkt5.0%
- iShares TR · MSCI USA Qlt Fct4.5%
- Vanguard Scottsdale Fds · Inter Term Treas4.4%
- Dimensional ETF Trust · Internatnal Val4.2%
- Dimensional ETF Trust · US Larg Valu ETF4.2%
- Dimensional ETF Trust · Emgr Cre EQT Mng3.8%
- Dimensional ETF Trust · US High Prof ETF3.5%
- Vanguard Index Fds · Value ETF3.4%
Together, the ten largest are 52.4% of reported value.
How many clients does Foster Group have?
Foster Group has 2,101 clients and manages $4.78 billion for them, as of March 2026. They include 1,241 individual clients, 715 high-net-worth individuals, and 60 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Foster Group offer?
Foster Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Foster Group use?
Foster Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $4.1B and Pershing Advisor Solutions LLC (Jersey City, NJ), with $372M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Foster Group have?
Foster Group has 54 investment adviser representatives registered with state securities authorities, out of 93 employees, and 45 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Foster Group invest in?
At the end of its last fiscal year, Foster Group’s separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 23% exchange-traded equities, 5% cash and equivalents, 1% non-exchange-traded equities, 1% state and local bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Foster Group?
Foster Group’s direct owners are Mark Stadtlander, Kent Kramer, Gregory Olsen, Bradley Rempe, Gerald Foster Revocable Trust, Reed Rinderknecht Revocable Trust, Ross Polking, Reed Rinderknecht Revocable, Jonathan Evans and Brenton Carlson, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Foster Group get paid?
Foster Group is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Foster Group registered with the SEC?
Yes, Foster Group has been registered with the SEC as an investment adviser since 30 May 1991. Its CRD number is 107148 and its SEC file number is 801-38507.
Source: Form ADV Part 1A, Item 1, filed 27 March 2026; IAPD firm record
How do I contact Foster Group?
Foster Group’s main office is at 6601 Westown Parkway, Suite 100, West Des Moines, IA 50266. Its phone number is 515-226-9000. Its website is fostergrp.com.