Foster Holdings, Inc. (Pittsburgh)

Foster Holdings, Inc. is a large advisory firm based in Pittsburgh. It manages $56.05 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Pennsylvania.

Foster Holdings provides pension consulting services and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Foster Holdings: assets under management

The assets under management (AUM) of Foster Holdings, Inc. is $56.05 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $56.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.21 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Foster Holdings, Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Foster Holdings, Inc.

David L Wagner has been acting as President since 1 May 2000. Joseph Fowler Huber joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Ronald Mangene	Treasurer	1 Dec 1997	Other	4717771
John Adolphus Staley	Director	1 Dec 1997	Other	433291
Penny Foster Alpern	Director/shareholder	1 Dec 1997	Other	4717835
Peter F. Mars	Director/shareholder/vice president	1 Dec 1997	Other	4717847
Sally M. Carey	Shareholder	1 Dec 1997	Other	4717856
Andrew F. Mars	Shareholder	1 Dec 1997	Other	4717860
Isabel De Foster	Shareholder	1 Dec 1997	25% - 50%	4717863
Lee B. Foster	Director/executive vice president	1 Dec 1997	25% - 50%	4717865
Craig J. Foster	Director/secretary/shareholder	1 Dec 1997	Other	4717868
Bernard S. Mars	Director/board chairman	1 Dec 1997	Other	4717871
Kim Foster	Director/shareholder/vice president	1 Dec 1997	Other	1640107
David M. Martin	Director/president	1 Dec 1997	Other	4717878
John Adolphus Staley Iv	Director	1 Dec 1997	Other	433291
David L Wagner	Director	1 May 2000	Other	4528808
Joseph Fowler Huber	Director	1 Apr 2007	Other	251929

Based in Pittsburgh

The principal office where Foster Holdings, Inc. performs its advisory services is located at 681 Andersen Drive,, Pittsburgh, PA 15220, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.