Foster Victor Wealth Advisors provides financial planning, consulting, and investment management services. They manage client investment portfolios, allocating assets among mutual funds, ETFs, individual debt and equity securities. They may also recommend private placements. Foster Victor tailors services to individual client needs, assessing risk tolerance, time horizon, and liquidity constraints. Clients are advised to promptly notify Foster Victor of any changes in their financial situation or if they wish to place any limitations on the management of their portfolios.
Fee Structure
Foster Victor Wealth Advisors offers investment management services for a fee based on the value of your portfolio. There are different fee schedules depending on the type of investments:
- Intelligent Portfolios Program: Fees range from 0.40% to 0.80%.
- Fixed Income Investments: Fees range from 0.25% to 0.35%, and are negotiable above $20 million.
- Employer Sponsored Retirement Plan Accounts (using Pontera): Fees range from 0.50% to 0.75%.
- All Other Assets: Fees range from 0.50% to 1.50%.
- Ultra High Net Worth Clients (over $25 million): Fees range from 0.25% to 0.40%.
- Multi-Family Office Engagement: Fees range from 0.11% to 1.00%.
Additional fees apply for options strategies: 0.25% for downside protection (puts only) and 0.75% for all other option strategies.