Yes, our responsibility is to work on behalf of our clients and serve in their best interest. Several members of our team also hold designations such as the CFP® (Certified Financial Planner®) with ethics codes that require a duty of care and responsibility to clients.
Yes, we are a registered investment advisory firm (RIA), regulated by the Securities and Exchange Commission (SEC). Our compliance with SEC regulations underscores our commitment to transparency and integrity in all our financial practices and client interactions.
Since 2016, Foster Victor has called Greenville, South Carolina its home. We have deep roots here and are proud to be an active member of the Upstate community. Over the years, our firm has expanded its reach, allowing us to provide our specialization and expertise to clients throughout the United States.
Foster Victor is proud to be an active member of the community, and we give back in many ways. 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 financial planning firm, we believe financial education is one of the most valuable tools someone can use to create their own success, and we believe in the importance of creating strong foundations for future generations. We regularly visit local schools and universities to speak with 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. We also participate in local projects to help repair homes, replant trees, and celebrate the spirit of the holidays delivering toys to hospitalized children.
We charge a one-time consulting fee to go through our financial planning process. If you choose to work with us to implement investment recommendations, we charge an assets under management fee for any accounts that we manage.
No, we do not have investment account minimums. We are a planning first firm, so we ask all clients to go through a planning engagement so that we can make the best recommendation on savings and investing.
We are honored to serve a diverse set of clients comprised of high-net-worth individuals and families, businesses, and institutions. Our clientele includes business owners and entrepreneurs, physicians, lawyers, veterans, female investors, tax professionals, corporate and government employees, retirees, and professional athletes.
Yes, we are accepting new clients into our firm. Many of our new client relationships come from referrals from existing clients. Since our culture is deeply rooted in relationships, we will first go through an intentional discovery process allowing all parties to feel confident we are the right fit, prior to moving forward with any formal engagement.
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 a client’s financial standing to help them better reach their full potential. Below are some of the services that our firm provides to create a remarkable experience:
We believe our team goes the extra mile to ensure that your spouse and/or your family are taken care of should something happen to you. We do this by working with you at the outset to prepare for major life events, including and especially end of life. Having all of the key pieces in place ahead of time will ensure a smooth transition, giving your family peace of mind without the worries of cost or financial burden. Most importantly, our team acts as a quarterback with the depth of experience to engage with and bring together the people, partners, providers, and resources to help make your financial vision a reality.
Our team uses their collective insight, education and experience to provide best-in-class, concierge-level service to our clients. Collectively, this group of approximately 50% men and 50% women hold the following designations: Certified Financial Planner® (CFP®), Certified Private Wealth Advisor® (CPWA®), Chartered Financial Analyst® (CFA®), Certified Exit Planning Advisor (CEPA®), Chartered Life Underwriter® (CLU®), Retired Income Certified Professional® (RICP®), Certified Divorce Financial Analyst® (CDFA®), Certified Estate and Trust Specialist™ (CES™), Certified Public Accountant (CPA), Chartered Alternative Investment Analyst (CAIA®), Chartered Financial Consultant® (ChFC®), Certified Investment Management Analyst® (CIMA®), and Certified Regulatory and Compliance Professional (CRCP®).
Yes, we would love to help you act on any recommendations we suggest based on our financial planning engagement. This includes setting up new investment accounts, consolidation/transferring current accounts to our management, and establishing monthly savings or withdrawals from your accounts. We can also work with insurance carriers to obtain life, disability or long-term care coverage you or your family may need.
We take a holistic view of wealth management and look at all the ways we can enhance your financial situation. Investments and insurance are a large part of the process. We have in-house accountants and attorneys to review opportunities for tax and estate planning. In addition, we offer a range of services to help business owners with their business’ planning needs.
While we do not prepare or file tax returns for our clients, we do work alongside our clients’ CPAs to identify tax planning efficiencies or opportunities to enhance their overall financial situation. Any recommendations will be developed in tandem with the client’s tax professional.
Understanding and providing guidance as it pertains to our client’s overall estate plan is a very important part of the planning process. We have attorneys on our team whose role is to help our clients understand their current plan and work with their estate planning attorney to make any necessary updates or changes. If a client does not have an estate plan in place, we will help them find a practicing attorney who can help them execute the correct estate planning documents. While we do not actively draft estate planning documents, it is very important for us to work hand in hand with our clients to ensure these documents are referenced for asset titling, beneficiaries, and account structure.
Foster Victor has engaged Charles Schwab as custodian. This means that your assets are held directly in their custody, ensuring they are with one of the largest and most financially sound institutions in the U.S. In addition, we also work with Interactive Brokers, American Funds, and several other 401(k) providers based on the client’s needs and situation.
There are several factors that will guide these decisions, including a client’s overall risk tolerance, time frame until retirement, and experience investing. We spend a significant amount of time building and adjusting our clients’ written financial plans during different life stages to reflect changing perspectives. The financial plan itself serves as a guidepost to help us make informed decisions around each client’s investment strategy.
At Foster Victor, we believe successful investing requires a holistic approach that includes these key components:
No, we offer a suite of private market investments—also referred to as alternative investments—that include private equity, private credit, and real estate investments.
