G.J. Foster Financial Services, Inc

CRD#158623
Investment Advisor Firm

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Learn more about G.J. Foster Financial Services, Inc

  • Overview
  • Products and Services
  • Fee Structure
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    G.J. Foster Financial Services, Inc operates as a financial advisor company located in Roscoe, Illinois. G.J. Foster Financial Services, Inc is not a registered broker-dealer, meaning the company is not able to buy and sell securities for its own accounts as well as its clients' and instead must go through a broker-dealer company to do so. Securities are exchangable fiscal investments such as bonds, options and stocks.

    Under $100,000 of its financial planning investments were in securities, with under $100,000 placed in non-securities.

    G.J. Foster Financial Services, Inc's main office is located at 11712 Main Street, Roscoe, Illinois 61073. The firm is allowed to provide services to clients in the state of Illinois.

    Disclosures

    No

    Office Location

    11712 Main Street
    Roscoe, IL 61073
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    Products and Services

    Financial services that G.J. Foster Financial Services, Inc provides can include financial planning services and portfolio management for individuals and small businesses. However, the company did not provide financial planning services to any of its customers in the previous fiscal year. G.J. Foster Financial Services, Inc does not sell products or offer services other than investment advisory services to its investment advisory clients. The company is also affiliated with one or more other companies in the financial services industry, including with an accountant or accounting firm.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 47% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

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    Fee Structure

    A financial advisor's fees usually vary depending on which services are provided. However, fee types charged by the company likely include the following fee types: asset-based or hourly. The company does not supply a wrap fee program, in which the company offers a bundle of services for a single fee. The firm is able to withdraw its fees directly from customer accounts.

    Available

    • Offered by 70% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 21% of firms

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    Unavailable

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 33% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Disclosures

    G.J. Foster Financial Services, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

    Back to Overview
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    Financial Advisors at G.J. Foster Financial Services, Inc

    Gregory Foster
    Roscoe, IL

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    The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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    Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.