Guides › Financial Advisor Fees
Updated September 28, 2026. Quick answer: Foster Group is registered with the SEC as an investment adviser (CRD #107148, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run $4,500 a year under its published fee schedule. Already a client and thinking about leaving? Budget $50 at Schwab, or $150 at Pershing (“Account Termination”), depending on your custodian. This review covers what its fee brochure and current SEC registration confirm today; this firm also has a fiduciary-status page and minimum-investment page on this site.
Foster Group at a glance
| Fact | What Foster Group’s own pages say |
|---|---|
| Legal entity | Foster Group, Inc. |
| Registration | Foster Group, Inc. is registered with the SEC as an investment adviser (CRD #107148, confirmed ACTIVE this session via SEC IAPD). |
| Fee on a $500,000 account | $4,500 a year, per its own current brochure |
| Minimum to open an account | See the minimum-investment page for Foster Group |
| Cost to leave (exit fee) | $50 at Schwab, or $150 at Pershing (“Account Termination”), depending on your custodian |
What Foster Group’s own fee schedule charges
CRD 107148 independently re-verified ACTIVE/isSECRegistered=Y, SEC-approved since 5/30/1991. Foster Group managed $4,775,514,804 combined discretionary/non-discretionary assets. The brochure offers three client-selectable individual service tiers (CoreWealth, SignatureWealth, SelectWealth) plus an Institutional tier, with no AUM-based assignment rule; CoreWealth is described as the offering designed for clients with fewer assets and less complex financial situations, so it is used here as the representative default for the $250,000-$2,000,000 benchmark range.
“CoreWealth clients are subject to an annual asset-based fee based as follows: … Advisor divides the annual fee by four and clients are charged each quarter, in advance. Clients are subject to a minimum quarterly fee of $600. … Annual Fee 0.90%”
Foster Group’s CoreWealth fee is a flat 0.90% of assets under management, billed quarterly, subject to a $600-per-quarter ($2,400 annual) minimum fee; each benchmark balance is multiplied by 0.90% and then floored at $2,400 whenever that product falls short of it, which is why the $250,000 balance shows the $2,400 minimum rather than the raw 0.90% figure.
| Account balance | Annual fee |
|---|---|
| $250,000 | $2,400 |
| $500,000 | $4,500 |
| $1,000,000 | $9,000 |
| $2,000,000 | $18,000 |
See the full breakdown, including how the figure is calculated, on Foster Group’s own fee page.
Registration
Foster Group, Inc. is registered with the SEC as an investment adviser (CRD #107148, confirmed ACTIVE this session via SEC IAPD).
This is a registration confirmation only, not a fiduciary-standard verdict (a registered investment adviser can still be a dual registrant with a broker-dealer, which changes which standard applies in each capacity). For the fiduciary-standard question itself, see the fiduciary-status page for Foster Group.
What it costs to leave
Foster Group, Inc.’s Form ADV Part 2A states “Either the client or Advisor may terminate the Investment Advisory Agreement under the following circumstances: 1) by a mutual agreement of both the client and Advisor 2) by either party giving verbal or written notice to the other party specifying the date of termination, with verbal notice being confirmed by written notice within 30 days.” Foster Group, Inc. names two possible custodians in its brochure, with no single default. Charles Schwab & Co. Inc.’s own published fee schedule states “Full transfer (out) of assets: $50 per account.” Pershing Advisor Services, LLC (a division of BNY Mellon)’s own published fee schedule states “Account Termination $150.00 per account.”
A dedicated how-to-leave page for Foster Group covers the exit costs in full; the general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.
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- Form ADV Part 2A (March 25, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025669
- SEC IAPD firm summary (CRD #107148, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/107148
Methodology. This page was built September 28, 2026, drawing directly on Foster Group’s own current fee brochure, linked above, and a fresh SEC IAPD registration check run the same day. As of September 28, 2026, this site publishes a fiduciary-status page and a minimum-investment page for Foster Group; where the exit-fee page already exists it is linked above and drawn from that already-sourced page. Any fact we could not independently confirm is named as an honest gap rather than presented as verified. Nothing here is personalized financial, tax, legal, or investment advice, and it is not a substitute for reading Foster Group’s own Form ADV Part 2A and Form CRS. We have not used Foster Group as a client. Foster Group did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
What does it take to open an account? See Foster Group’s minimum investment, straight from its own Form ADV Part 2A brochure.
Comparing firms? See all 182 advisor firm reviews in one table, with each firm’s type and its fee on a $500,000 account.