Wealth Preservation and Growth:
Foster Family OfficeYou’ve worked hard to get where you are, now you’re looking to the future.
At Foster Family Office, we understand the significance of your journey, so we offer more than just financial solutions.
We provide a trusted partnership dedicated to preserving your achievements and cultivating a legacy that stands the test of time.
This is about your prosperity and your legacy.
This is your Family Office.
Your Prosperity
Market uncertainties should never jeopardize your prosperity. Our Family Office Group is committed to genuine diversification, shielding you from market swings that could endanger your wealth and peace of mind.
Our portfolios offer a broad perspective, incorporating international investments and diversification into private equity, private debt, and other alternative investments—the foundational elements employed by large institutional investors and endowments for enduring wealth preservation and growth.
Your Legacy
After being assured of a comfortable retirement, your thoughts may turn to legacy. Tax planning, fee efficiency, estate planning, and philanthropy become paramount. We’ve got you, and them, covered.
Your Family Office
Thorough Financial Plan
The cornerstone of your financial architecture. Informing your asset allocation and serving as a valuable resource for your family, it will include data on assets, estate information, insurance policies, beneficiaries, and more. Our resident Financial Planner ensures your plan gets updated yearly to reflect all the changes that life brings.
Investment Policy Statement
This is the roadmap for your Portfolio Management team. It defines your asset allocation, dealing with your unique circumstances and the special holdings you want to keep through thick and thin. Your no-go zones, ESG considerations – you name it.
Quarterly Investment Reviews
Every quarter, two members of our team conduct a thorough portfolio review with you, either virtually or in person. We discuss recent life changes, asset allocation, performance against benchmarks, and recent portfolio moves.
Comprehensive Year End Tax Package
Tax time can be so stressful. We lift the burden by compiling all your necessary documents and delivering them in your preferred format. If your accountant has an online portal, we seamlessly drop everything there for you.
Estate Planning Review
Periodic reviews of Beneficiaries, Trustees, and Executors ensure a tidy estate for those who value a legacy. We will take care of it for you.
Strategic Philanthropic Consultation
Leaving money is easy; doing it smart takes planning. We guide you through options like Donor Advised Funds and Single-Premium Insurance policies for impactful philanthropy.
Concierge Services
True Wealth = Time. With exclusive access to white-glove concierge service, you can have essential support for maintaining your lifestyle. Focus on what you value most and delegate the rest.
Case Study
Building Something for Themselves
In their late 50s, Dinah and Xavier* are a married couple who co-own a successful private corporation in Ontario, who found themselves facing a new kind of decision. Their business had provided for them for years, but as they looked ahead, they realized they’d never put a structure in place to support a gradual exit or long-term income.
You May Be Wondering…
What’s a Family Office?
Traditionally, family offices are where a wealthy family will consolidate their finances. At Foster Family Office, our definition goes beyond; our clients are concerned with legacy, seeking to consolidate and preserve prosperity for future generations. This involves tax and fee optimization across multiple family members, strategic use of trust and Holdco, and the strategic use of insurance to deal with anticipated tax burdens. We’re here to tailor a solution that aligns with your aspirations.
I already work with a Financial Planner/Advisor. How is this different?
While an investment advisor can handle individual investments, a skilled portfolio manager is crucial for maintaining a consistent approach across multiple investors within a family. Minimizing tax burdens, and making sure the highest-tax investors pay as many of the fees as possible require heavy lifting, and qualifications to perform. Also, easy access to private equity and other Alternative Investments, which are essential for shielding your portfolio from excessive market volatility, is a unique advantage we provide that an investment advisor cannot.
What if my finances aren’t that complicated?
Your finances, whether simple or complex, deserve thoughtful attention. Life can bring unexpected complexities, and over time, managing your financial affairs may become challenging. Having a steady hand guiding your portfolio and estate through difficult times brings peace of mind when it’s needed most.
Is this service expensive?
Optimizing cash, strategic investments, and selecting cost-effective funds will likely produce gains that surpass any fees. We’re here to make your financial journey both rewarding and economically sensible – invaluable.
What am I actually paying for?
The Family Office Group is a dedicated team of financial professionals. We scour the investment landscape for the best, most cost-effective investments for our clients. We also perform extensive due diligence on managers to whom we allocate capital and closely monitor macroeconomic and security-specific research and recent changes in tax treatments, all to provide solid after-tax returns for you.
What if I change my mind?
No one is locked into the Foster Family Office Group. Just as with a regular investment account, you can exit at any time.