Foster & Motley Inc

Foster & Motley, Inc. is a registered investment adviser established in January 1997 and registered with the SEC since November 1996. The firm operates as an Ohio Corporation owned by fourteen individual shareholders. Acting in a fiduciary capacity, the firm provides financial planning and investment management services, managing over $2.4 billion in client assets as of December 31, 2024. Foster & Motley is a fee-only firm, receiving compensation solely from client fees and not from commissions or referrals. Clients can engage the firm for financial planning, investment management, or a combination of both services. Investment management involves discretionary management of client portfolios using a mix of securities, mutual funds, ETFs, alternatives, and private investments. Financial planning services cover various aspects such as cash flow planning, retirement planning, tax analysis, and estate planning. The firm's investment philosophy focuses on a Growth at a Reasonable Price strategy for equities, emphasizing conservative valuation, dividend yields, growth prospects, and quality. Bonds, mutual funds, ETFs, and alternative investments are also part of the investment approach. Foster & Motley does not charge performance-based fees and primarily serves individuals, families, corporations, and charitable organizations. The firm maintains custody of client assets under specific circumstances, such as managing assets in accounts and utilizing Standing Letters of Authorization for disbursements. Clients receive regular statements from custodians and have the option to authorize fee deductions. Foster & Motley exercises investment discretion based on clients' objectives and restrictions, with clients having the ability to impose limitations on their accounts. The firm votes proxies in the best interest of shareholders and is discontinuing the Schwab Institutional Intelligent Portfolios Program.