Foster Victor exists because we wanted to create a team that could have the greatest impact on all aspects of our clients’ financial lives. We realized traditional models weren’t serving a particular part of the market well and the advice was slanted towards products. We are proud to offer holistic advice and humbled by the opportunity to change lives.
Foster Victor offers fee-based planning services whereby we have a fiduciary responsibility to always act in clients’ best interests. Your custom financial planning roadmap will be created by assessing your current financial situation, defining goals, and identifying gaps.
The initial phase, Discovery, is a comfortable, guided conversation to get to know you and understand your outlook, your immediate focus and your long-term goals. This ensures we are the right partner for you.
During the Collaboration phase your priorities will be clearly addressed and we will discuss various financial planning strategies available to you.
In this step, we will make recommendations and suggestions based on our collaboration. These financial planning strategies will create a pathway for you in the near future and over time.
This is where we take action together. Our in-house experts will put your plan into action.
Long-term results are achieved through consistency and by carefully monitoring and adjusting our approach as needed. We hold you accountable to your plan so you can achieve your goals and stay on the path to success.
At Foster Victor, we are relentless in our efforts to add value to the client experience. The Professional Services team works closely with your Wealth Coach and Planning team to maximize the potential of your financial future and safeguard your legacy. Our in-house legal and tax advisors collaborate with your outside attorney, accounting or tax professionals on issues related to:
The Foster Victor team of Wealth Coaches, planning specialists and investment strategists guide you on the path for success through impeccable financial planning. From there, each member of the Professional Services team provides a niche area of expertise to complement your plan, implement key strategies and provide you with a level of service rarely seen in the industry. Our goal is to leave no stone unturned when it comes to the financial health of our clients and their families.
We work with you to create a plan that may include:
By understanding your business inside-and-out, we can recommend strategies to grow and protect your enterprise value. We will work with you to create a plan that includes:
You have worked hard to accumulate wealth and Foster Victor was built to assist you in protecting your estate so you can leave a legacy that reflects your core values and beliefs. Together, we will develop a comprehensive plan to meet your goals and ensure your family’s financial security.
Through comprehensive estate planning analysis we work to ensure your assets are protected and distributed according to your wishes. Our team will also help you navigate the complex estate tax landscape.
Foster Victor offers:
Wills, Advanced Medical Directives, Testamentary Guardians for Minors, Durable Powers of Attorney, Healthcare Powers of Attorney, asset titling and beneficiary designations are powerful tools for executing a comprehensive life and estate plan. In addition to working with your outside tax and legal professionals to meet more complex planning needs, we believe it’s important to review your base estate plan to help you see around corners and assess future obstacles or opportunities.
A revocable trust allows for flexibility of design while providing for the management of your assets during life and following your death. This type of trust often permits your assets to be managed without the need for a court-ordered conservatorship if you become incapacitated; and allows assets to pass to beneficiaries outside of the potentially costly and time-consuming probate process.
There are many types of irrevocable trusts, each allowing for the management of your assets to the immediate or future benefit of your loved ones. You can make gifts to this type of trust – free of gift tax up to certain limits – so that assets grow and pass to your beneficiaries without being diminished by estate taxes.
Irrevocable trusts designed to meet your charitable giving goals while providing a set income stream or deferred principal gift to your heirs or other beneficiaries, often at a lower tax burden than gifts made outside of these trusts.
Irrevocable trusts that endure for multiple generations so that assets can be managed for, and distributed to, grandchildren and generations beyond. This strategy frequently avoids estate and gift taxes that would apply if assets were transferred outright to each generation.
An irrevocable gift trust created by one spouse for the lifetime benefit of the other. When properly executed, assets transferred to this type of trust are outside of the couples’ combined estate for estate tax purposes and grow estate tax free for benefit of the next generation.
Irrevocable trusts designed specifically to hold a policy (or policies) of life insurance on an individual or couple. When properly administered, these trusts allow valuable death benefit proceeds to pass to beneficiaries estate and income tax free.
The Foster Victor team is experienced in recommending investment strategies and products that are aligned with clients’ overall financial goals. Your short-term and long-term goals are a key part of the discussion to calibrate your investments against your risk tolerance. By looking at where you fall in the timeline of working through student debt, to wealth accumulation, to planning for strategic asset withdrawal during retirement, your personalized investment plan will be intentionally constructed to create the most impact.
Investment management and retirement planning go hand in hand. You will receive guidance on distribution strategies to ensure your money continues to work for you once you retire.
Your Wealth Coach will review your portfolio with you regularly to ensure your investments remain aligned with your goals. The Investment Team systematically reviews fund performance and market trends to rebalance client portfolios accordingly.
You’ll benefit from:
At Foster Victor, we strive to help you be financially prepared for your future. One of the key parts of this goal is exploring insurance strategies. Our insurance team works diligently to ensure that you and your family’s financial well-being are protected.
The Foster Victor team is skilled in assessing risk to your financial well-being. Our team will review your current insurance coverage and walk through a need analysis to ensure the insurance coverage is adequate to meet your current and future goals. Once the review is completed, our team will make any recommendations to bridge the gap. You will have access to a robust set of insurance options:
Throughout the application process, our team will work as a liaison between you and the insurance carrier to make the process as smooth as possible. This will ensure the policy structure is accurately implemented.
Foster Victor uses insurance for protection, diversification and estate tax mitigation. We partner with several top-rated insurance carriers to ensure policy design is correct and sustainable. Working in tandem with our professional services team, we can recommend and facilitate advanced design strategies for legacy planning and asset protection.
As part of our business planning, Foster Victor also offers insurance-backed solutions to mitigate risk for business owners or provide benefits to their employees. These products include:
Having a dedicated insurance team is a distinct advantage for Foster Victor. Policy performance, beneficiary/ownership arrangements and total insurance coverage are reviewed on a regular basis to confirm policies are continuing to meet your needs and goals.
Holistic financial planning is the umbrella under which we provide many customized retirement, tax and estate planning engagements. Our services provide an in depth look at client’s financial standing to help them better reach their full potential. Below are some additional services that our firm provides to create a remarkable experience:
The Foster Victor Family Office engagement redefines financial planning so Ultra-High Net Worth (UHNW) families can build on their success and leave a legacy for their families and communities.
Foster Victor offers fee-based planning services whereby we have a fiduciary responsibility to always act in clients’ best interests. Your custom financial planning roadmap will be created by assessing your current financial situation, defining goals, and identifying gaps.
The initial phase, Discovery, is a comfortable, guided conversation to get to know you and understand your outlook, your immediate focus and your long-term goals. This ensures we are the right partner for you.
During the Collaboration phase your priorities will be clearly addressed and we will discuss various financial planning strategies available to you.
In this step, we will make recommendations and suggestions based on our collaboration. These financial planning strategies will create a pathway for you in the near future and over time.
This is where we take action together. Our in-house experts will put your plan into action.
Long-term results are achieved through consistency and by carefully monitoring and adjusting our approach as needed. We hold you accountable to your plan so you can achieve your goals and stay on the path to success.
At Foster Victor, we are relentless in our efforts to add value to the client experience. The Professional Services team works closely with your Wealth Coach and Planning team to maximize the potential of your financial future and safeguard your legacy. Our in-house legal and tax advisors collaborate with your outside attorney, accounting or tax professionals on issues related to:
The Foster Victor team of Wealth Coaches, planning specialists and investment strategists guide you on the path for success through impeccable financial planning. From there, each member of the Professional Services team provides a niche area of expertise to complement your plan, implement key strategies and provide you with a level of service rarely seen in the industry. Our goal is to leave no stone unturned when it comes to the financial health of our clients and their families.
We work with you to create a plan that may include:
By understanding your business inside-and-out, we can recommend strategies to grow and protect your enterprise value. We will work with you to create a plan that includes:
You have worked hard to accumulate wealth and Foster Victor was built to assist you in protecting your estate so you can leave a legacy that reflects your core values and beliefs. Together, we will develop a comprehensive plan to meet your goals and ensure your family’s financial security.
Through comprehensive estate planning analysis we work to ensure your assets are protected and distributed according to your wishes. Our team will also help you navigate the complex estate tax landscape.
Foster Victor offers:
Wills, Advanced Medical Directives, Testamentary Guardians for Minors, Durable Powers of Attorney, Healthcare Powers of Attorney, asset titling and beneficiary designations are powerful tools for executing a comprehensive life and estate plan. In addition to working with your outside tax and legal professionals to meet more complex planning needs, we believe it’s important to review your base estate plan to help you see around corners and assess future obstacles or opportunities.
A revocable trust allows for flexibility of design while providing for the management of your assets during life and following your death. This type of trust often permits your assets to be managed without the need for a court-ordered conservatorship if you become incapacitated; and allows assets to pass to beneficiaries outside of the potentially costly and time-consuming probate process.
There are many types of irrevocable trusts, each allowing for the management of your assets to the immediate or future benefit of your loved ones. You can make gifts to this type of trust – free of gift tax up to certain limits – so that assets grow and pass to your beneficiaries without being diminished by estate taxes.
Irrevocable trusts designed to meet your charitable giving goals while providing a set income stream or deferred principal gift to your heirs or other beneficiaries, often at a lower tax burden than gifts made outside of these trusts.
Irrevocable trusts that endure for multiple generations so that assets can be managed for, and distributed to, grandchildren and generations beyond. This strategy frequently avoids estate and gift taxes that would apply if assets were transferred outright to each generation.
An irrevocable gift trust created by one spouse for the lifetime benefit of the other. When properly executed, assets transferred to this type of trust are outside of the couples’ combined estate for estate tax purposes and grow estate tax free for benefit of the next generation.
Irrevocable trusts designed specifically to hold a policy (or policies) of life insurance on an individual or couple. When properly administered, these trusts allow valuable death benefit proceeds to pass to beneficiaries estate and income tax free.
The Foster Victor team is experienced in recommending investment strategies and products that are aligned with clients’ overall financial goals. Your short-term and long-term goals are a key part of the discussion to calibrate your investments against your risk tolerance. By looking at where you fall in the timeline of working through student debt, to wealth accumulation, to planning for strategic asset withdrawal during retirement, your personalized investment plan will be intentionally constructed to create the most impact.
Investment management and retirement planning go hand in hand. You will receive guidance on distribution strategies to ensure your money continues to work for you once you retire.
Your Wealth Coach will review your portfolio with you regularly to ensure your investments remain aligned with your goals. The Investment Team systematically reviews fund performance and market trends to rebalance client portfolios accordingly.
You’ll benefit from:
At Foster Victor, we strive to help you be financially prepared for your future. One of the key parts of this goal is exploring insurance strategies. Our insurance team works diligently to ensure that you and your family’s financial well-being are protected.
The Foster Victor team is skilled in assessing risk to your financial well-being. Our team will review your current insurance coverage and walk through a need analysis to ensure the insurance coverage is adequate to meet your current and future goals. Once the review is completed, our team will make any recommendations to bridge the gap. You will have access to a robust set of insurance options:
Throughout the application process, our team will work as a liaison between you and the insurance carrier to make the process as smooth as possible. This will ensure the policy structure is accurately implemented.
Foster Victor uses insurance for protection, diversification and estate tax mitigation. We partner with several top-rated insurance carriers to ensure policy design is correct and sustainable. Working in tandem with our professional services team, we can recommend and facilitate advanced design strategies for legacy planning and asset protection.
As part of our business planning, Foster Victor also offers insurance-backed solutions to mitigate risk for business owners or provide benefits to their employees. These products include:
Having a dedicated insurance team is a distinct advantage for Foster Victor. Policy performance, beneficiary/ownership arrangements and total insurance coverage are reviewed on a regular basis to confirm policies are continuing to meet your needs and goals.
Holistic financial planning is the umbrella under which we provide many customized retirement, tax and estate planning engagements. Our services provide an in depth look at client’s financial standing to help them better reach their full potential. Below are some additional services that our firm provides to create a remarkable experience:
The Foster Victor Family Office engagement redefines financial planning so Ultra-High Net Worth (UHNW) families can build on their success and leave a legacy for their families and communities.
In order to reach the standard we set for ourselves, we needed to find exceptional professionals to implement. Thankfully, we did. Our team uses their collective insight, education and experience to provide best-in-class, concierge-level service to our clients. In other words, they’re good people. Collectively, this group of approximately 50% men and 50% women hold the following certifications:
As a financial planning firm, we believe financial education is one of the most valuable tools someone can use to create their own success. At Foster Victor, our team gives back to the community by talking to students and organizations about the principles of financial literacy. From creating budgets to understanding credit, our team simplifies challenging concepts into actionable steps to impact people of all ages and experiences.
So Far, We’ve Educated 7,739 out of our goal of 10,000 people
From helping repair homes and replant trees after mother nature strikes to celebrating the spirit of the holidays delivering toys to hospitalized children, Foster Victor looks out for our community and environment. As a team, we take pride in “walking the walk” and giving back to the community. Creating meaningful change and being others-focused is our ongoing goal.
As a firm we are the products of strong centers of learning, and we believe in the importance of creating strong foundations for future generations.
Foster Victor is a Leadership Partner of The Hill Institute for Innovation and Entrepreneurship at Furman University. The Institute drives progress through education, leadership development, and economic impact & mobility.
Foster Victor is a proud supporter of the Kim S. Miller Family Enterprise Institute of South Carolina at Anderson University, whose mission is to provide education, networking, support resources and research to help family enterprises in the state.
As a financial planning firm, we believe financial education is one of the most valuable tools someone can use to create their own success. At Foster Victor, our team gives back to the community by talking to students and organizations about the principles of financial literacy. From creating budgets to understanding credit, our team simplifies challenging concepts into actionable steps to impact people of all ages and experiences.
So Far, We’ve Educated 7230 out of our goal of 10,000 people
From helping repair homes and replant trees after mother nature strikes to celebrating the spirit of the holidays delivering toys to hospitalized children, Foster Victor looks out for our community and environment. As a team, we take pride in “walking the walk” and giving back to the community. Creating meaningful change and being others-focused is our ongoing goal.
As a firm we are the products of strong centers of learning, and we believe in the importance of creating strong foundations for future generations.
Foster Victor is a Leadership Partner of The Hill Institute for Innovation and Entrepreneurship at Furman University. The Institute drives progress through education, leadership development, and economic impact & mobility.
Foster Victor is a proud supporter of the Kim S. Miller Family Enterprise Institute of South Carolina at Anderson University, whose mission is to provide education, networking, support resources and research to help family enterprises in the state.
