DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Foster Group, Inc.

Independent wealth managerWest Des Moines, IowaCRD 107148SEC 801-38507websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 30, 2012 · 55 filings
SEC status approved since May 30, 1991
RAUM
$4.8B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
84%
$4.0B individuals and HNW
Advisors
58
registered through the firm on IAPD
RAUM per advisor
$82.3M
derived; firm RAUM over IAPD count
Employees
93
45 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
55 filings and snapshots on the tape
RAUM$4.8B as of Mar 27, 2026
Mar 30, 2012$1.1B then
HNW client RAUM$3.2B as of Mar 27, 2026
Mar 23, 2018$1.7B then
State-registered IARs (5.B.3)54 as of Mar 27, 2026
Apr 1, 201315 then
Employees (5.A)93 as of Mar 27, 2026
Apr 1, 201326 then
Private funds: no history
RAUM +35% over the last fiscal year+16% a year over threeIARs 48 to 54
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$82.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
34derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.4MderivedHNW RAUM over HNW clients
Average account
$650,084derivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
5.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
29.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+35%derivedbetween the last two annual amendments
Advisor growth, one year
+13%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Financial planning clients
1,700reportedItem 5.H
Custody
$7.5M, 85 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$3.2B67%
  • Individuals$872M19%
  • Corporations and businesses$394M8.4%
  • Charitable organizations$271M5.8%
Individual clients
1,241reported
HNW clients
715reported
Pension plan clients
n/areported
Charitable clients
45reported
Accounts
7,346reported
Financial planning clients
1,700reported
Wrap fee programs
noreported
Custody of client assets
$7.5M for 85 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.84 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
58 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Reed Roger RinderknechtCertified Financial PlannerWest Des Moines, IaJun 21, 199930 y1
Kent Allen KramerCertified Financial PlannerWest Des Moines, IaFeb 28, 200228 y1
Gregory John OlsenCertified Financial PlannerWest Des Moines, IaApr 8, 200420 y0
Travis James RychnovskyChartered Financial AnalystWest Des Moines, IaJul 7, 200612 y0
Ross Benjamin PolkingCertified Financial PlannerOmaha, Ne Aug 8, 200719 y0
Bradley Dean RempeCertified Financial PlannerWest Des Moines, IaNov 13, 200718 y0
Jonathan Michael EvansCertified Financial PlannerWest Des Moines, IaDec 3, 200718 y0
Kate P JuelfsWest Des Moines, IaFeb 17, 201119 y1
Marcus Lee IwigCertified Financial PlannerWest Des Moines, IaNov 3, 201114 y0
Matthew John AbelsCertified Financial PlannerWest Des Moines, IaAug 13, 201324 y1
Andrew Douglas FarmerCertified Financial PlannerWest Des Moines, IaAug 21, 201313 y0
Caleb James BrownCertified Financial PlannerWest Des Moines, IaNov 12, 201418 y0
Brittany Ellen HeardCertified Financial PlannerWest Des Moines, IaJan 1, 201511 y0
Matthew D MoklestadCertified Financial PlannerWest Des Moines, IaApr 5, 201714 y1
Wade Alan Den HartogCertified Financial PlannerWest Des Moines, IaDec 19, 201714 y0
Walter Philip MozdzerCertified Financial PlannerWest Des Moines, IaFeb 19, 201829 y1
Stacie A NeussendorferCertified Financial PlannerWest Des Moines, Ia Mar 22, 201818 y1
Kadin Dale WhiteCertified Financial Planner, Chartered Financial ConsultantWest Des Moines, IaJun 21, 201820 y2
Ryne Taylor OllerCertified Financial PlannerWest Des Moines, IaJun 26, 201814 y0
Andrew Colin MullanCertified Financial PlannerWest Des Moines, IaJun 26, 201815 y0
Zachary Clifford DallugeCertified Financial PlannerWest Des Moines, IaAug 13, 201810 y0
Nicole Claire NeeWest Des Moines, IaNov 7, 201914 y0
Andrew Allan RushenbergCertified Financial PlannerWest Des Moines, IaJan 6, 202113 y0
Daniel Brandon HawthorneCertified Financial PlannerWest Des Moines, IaJan 22, 202112 y0
Geoffrey Robert ChristyWest Des Moines, IaMar 5, 202131 y1
Brenton Lowell CarlsonWest Des Moines, IaJul 26, 202124 y0
Ashlee Gabrielle Minton ViereggerCertified Financial PlannerWest Des Moines, IaAug 10, 202111 y1
Jacob James KinnetzCertified Financial PlannerWest Des Moines, IaFeb 17, 202216 y0
Colleen Crystal ClaudeWest Des Moines, IaFeb 22, 202211 y1
Michael James WestphalChartered Financial AnalystWest Des Moines, IaFeb 24, 202211 y0
Tyler Dennis CraigCertified Financial PlannerWest Des Moines, IaMar 8, 202210 y0
Ethan Bryce GaschoCertified Financial PlannerWest Des Moines, IaApr 7, 202211 y1
Benjamin Elsworth BergerCertified Financial PlannerWest Des Moines, IaApr 21, 202210 y0
Jacob William BelzerWest Des Moines, IaJun 3, 202211 y0
James Lee LaursenCertified Financial PlannerWest Des Moines, IaJun 10, 202223 y0
Lukas Andrew GeorgeffCertified Financial PlannerWest Des Moines, IaNov 14, 202213 y0
Melissa Denise PfliegerCertified Financial PlannerWest Des Moines, IaMar 24, 202334 y0
Gabrielle Rae CarlsonWest Des Moines, IaApr 10, 202310 y0
Joshua Lee PirtleWest Des Moines, IaOct 3, 202312 y0
Mathew David StagnerCertified Financial Planner, Chartered Financial ConsultantWest Des Moines, IaDec 21, 202324 y2
All 58 advisors at Foster Group, Inc.
Advisor movement
0 left, 4 joined in 12 months
net +4 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • John Matthew Abels · Chief Practice Officercontrol
    since 01/2020 · owns less than 5%
  • Clarence Joseph Bantz · Senior Lead Advisorcontrol
    since 01/2020 · owns 5% to 10%
  • Michael Jonathan Evans · Lead Advisor - Business Development, Ownercontrol
    since 01/2018 · owns 5% to 10%
  • Douglas Andrew Farmer · Lead Advisorcontrol
    since 01/2016 · owns less than 5%
  • Ray Gerald Foster · Chairman Of The Board Of Directorscontrol
    since 01/1991 · owns less than 5%
  • Lee Marcus Iwig · Lead Advisor, Board Membercontrol
    since 01/2016 · owns less than 5%
  • P Kate Juelfs · Chief Compliance Officer, Chief Operations Officercontrol
    since 01/2020 · owns less than 5%
  • Allen Kent Kramer · Chief Investment Officer, Board Membercontrol
    since 01/2006 · owns 5% to 10%
  • James Timothy Mabee · Director Of It, Board Membercontrol
    since 06/2014 · owns less than 5%
  • John Gregory Olsen · Chief Executive Officer, Board Membercontrol
    since 01/2017 · owns 10% to 25%
  • Dean Bradley Rempe · Senior Lead Advisor, Board Membercontrol
    since 01/2020 · owns 5% to 10%
  • Sunny J Roeder · Director Of Financecontrol
    since 12/2018 · owns less than 5%
  • James Travis Rychnovsky · Chief Growth Officercontrol
    since 01/2017 · owns less than 5%
  • Alan Mark Stadtlander · Owner Board Membercontrol
    since 01/2019 · owns 10% to 25%
  • Ray Gerald Foster · Trusteecontrol
    since 01/1991 · owns F of Gerald Foster Revocable Trust
  • Lowell Brenton Carlson · Lead Advisor, Owner
    since 01/2022 · owns 5% to 10%
  • Benjamin Ross Polking · Lead Advisor - Business Development, Board Member
    since 01/2018 · owns 5% to 10%
  • Roger Reed Rinderknecht · Trustee
    since 04/2019 · owns F of Reed Rinderknecht Revocable Trust
Entity owners
  • Gerald Foster Revocable Trust · Owner
    direct · owns 10% to 25%
  • Reed Rinderknecht Revocable Trust · Owner
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
West Des Moines, Ia · principal5890
Omaha, Ne300
Offices
Schedule D 1.F, the 25 largest
  • Omaha, NE4 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Mar 27, 2026
    KRAMER, KENT, ALLEN (CHIEF INVESTMENT OFFICER, BOARD MEMBER) left Schedule A between the filings of 2022-03-30 and 2026-03-27
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Mar 27, 2026
    FOSTER, GERALD, RAY (TRUSTEE) left Schedule A between the filings of 2022-03-30 and 2026-03-27
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Mar 27, 2026
    BANTZ, JOSEPH, CLARENCE (SENIOR LEAD ADVISOR) left Schedule A between the filings of 2022-03-30 and 2026-03-27
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Mar 27, 2026
    FARMER, ANDREW, DOUGLAS (LEAD ADVISOR) left Schedule A between the filings of 2022-03-30 and 2026-03-27
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 5,481 to 7,346
    Jun 17, 2025 to Mar 27, 2026
  • Advisory employees · 47 to 45
    Jun 17, 2025 to Mar 27, 2026
  • Charity clients · 28 to 45
    Jun 17, 2025 to Mar 27, 2026
  • Corporate clients · 23 to 60
    Jun 17, 2025 to Mar 27, 2026
  • HNW clients · 722 to 715
    Jun 17, 2025 to Mar 27, 2026
  • Individual clients · 1,021 to 1,241
    Jun 17, 2025 to Mar 27, 2026
  • Assets in custody · $20.8M to $7.5M
    Jun 17, 2025 to Mar 27, 2026
  • Employees · 85 to 93
    Jun 17, 2025 to Mar 27, 2026
  • State-registered IARs · 48 to 54
    Jun 17, 2025 to Mar 27, 2026
  • Discretionary RAUM · $3.5B to $4.6B
    Jun 17, 2025 to Mar 27, 2026
  • HNW RAUM · $2.6B to $3.2B
    Jun 17, 2025 to Mar 27, 2026
  • Individual RAUM · $552M to $872M
    Jun 17, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $17.5M to $171M
    Jun 17, 2025 to Mar 27, 2026
  • RAUM · $3.5B to $4.8B
    Jun 17, 2025 to Mar 27, 2026
  • Financial planning clients · More than 500 to More than 500
    Apr 22, 2025 to Jun 17, 2025
  • Accounts · 4,626 to 5,481
    Nov 25, 2024 to Apr 22, 2025
  • Charity clients · 39 to 28
    Nov 25, 2024 to Apr 22, 2025
  • Corporate clients · 20 to 23
    Nov 25, 2024 to Apr 22, 2025
  • HNW clients · 759 to 722
    Nov 25, 2024 to Apr 22, 2025
  • Individual clients · 988 to 1,021
    Nov 25, 2024 to Apr 22, 2025
  • Assets in custody · $39.3M to $20.8M
    Nov 25, 2024 to Apr 22, 2025
  • Employees · 81 to 85
    Nov 25, 2024 to Apr 22, 2025
  • State-registered IARs · 47 to 48
    Nov 25, 2024 to Apr 22, 2025
  • Discretionary RAUM · $3.2B to $3.5B
    Nov 25, 2024 to Apr 22, 2025
  • HNW RAUM · $2.5B to $2.6B
    Nov 25, 2024 to Apr 22, 2025
  • Individual RAUM · $425M to $552M
    Nov 25, 2024 to Apr 22, 2025
  • Non-discretionary RAUM · $14.9M to $17.5M
    Nov 25, 2024 to Apr 22, 2025
  • RAUM · $3.2B to $3.5B
    Nov 25, 2024 to Apr 22, 2025
  • Accounts · 5,768 to 4,626
    Dec 7, 2023 to Mar 27, 2024
  • Advisory employees · 42 to 47
    Dec 7, 2023 to Mar 27, 2024
  • Charity clients · 41 to 39
    Dec 7, 2023 to Mar 27, 2024
  • Corporate clients · 37 to 20
    Dec 7, 2023 to Mar 27, 2024
  • HNW clients · 562 to 759
    Dec 7, 2023 to Mar 27, 2024
  • Individual clients · 1,155 to 988
    Dec 7, 2023 to Mar 27, 2024
  • Assets in custody · $41.8M to $39.3M
    Dec 7, 2023 to Mar 27, 2024
  • Employees · 75 to 81
    Dec 7, 2023 to Mar 27, 2024
  • State-registered IARs · 41 to 47
    Dec 7, 2023 to Mar 27, 2024
  • Discretionary RAUM · $3.0B to $3.2B
    Dec 7, 2023 to Mar 27, 2024
  • HNW RAUM · $2.0B to $2.5B
    Dec 7, 2023 to Mar 27, 2024
  • Individual RAUM · $702M to $425M
    Dec 7, 2023 to Mar 27, 2024
Signals
10 dated events
  • Foster Group, Inc. reported RAUM $4.8B, up 35% from $3.5B (2025-06-17 to 2026-03-27)
    Mar 27, 2026 · RAUM change · derived
  • John Nairn Schutzius left Foster Group, Inc. for Commonwealth Financial Network (registered 2026-03-09)
    May 19, 2025 · Advisor changed firm · fact
  • Allen Bartholomew Banwart (Director Of Portfolio Mgmt, Board Member) no longer on Schedule A of Foster Group, Inc. (listed 2023-12-07, absent 2024-03-27)
    Mar 27, 2024 · Control person left · inference
  • Foster Group, Inc. reported RAUM $3.4B, up 29% from $2.6B (2021-12-13 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • James Timothy Mabee (Director Of It) appeared on Schedule A of Foster Group, Inc.
    Mar 22, 2021 · Control person joined · fact
  • Clarence Joseph Bantz (Direct Owner, Lead Advisor) appeared on Schedule A of Foster Group, Inc.
    Mar 24, 2020 · Control person joined · fact
  • Michael Jonathan Evans (Lead Advisor, Business Development) appeared on Schedule A of Foster Group, Inc.
    Mar 24, 2020 · Control person joined · fact
  • Lee Marcus Iwig (Lead Advisor) appeared on Schedule A of Foster Group, Inc.
    Mar 24, 2020 · Control person joined · fact
  • Douglas Andrew Farmer (Lead Advisor) appeared on Schedule A of Foster Group, Inc.
    Mar 24, 2020 · Control person joined · fact
  • Sunny J Roeder (Director Of Finance) appeared on Schedule A of Foster Group, Inc.
    Mar 28, 2019 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
402-733-1700reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
515-226-9000reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/FOSTER-GROUPreportedpublic record, Form ADV, Sep 17, 2026
Website
FOSTERGRP.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
515-226-9000reportedpublic record, Form ADV, Mar 27, 2026
Contact form
fostergrp.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
fostergrp.com/teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$82.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026