Foster & Wood

Foster & Wood operates entirely as a fiduciary. The firm does not sell commissioned products or earn revenue from transaction-based compensation. On the retirement-plan side, it will accept full 3(38) investment fiduciary responsibility, meaning it takes discretionary authority over plan assets rather than simply recommending changes a sponsor must approve. That legal obligation to place client interests first is the core of the firm's marketed identity.

The firm explicitly markets Pooled Employer Plans (PEPs) alongside standard single-employer retirement plan services. Tim Wood leads the retirement-plan practice and promotes PEPs as a vehicle for employers seeking to reduce administrative burden while providing a fiduciary-managed plan to their employees.

David Foster works directly with families under a financial-planning charter that pairs CFP® credentialing with the firm's broader fiduciary stance. Foster & Wood cites the 70% intergenerational wealth evaporation statistic as the problem it addresses. The practice does not reference trust services, family-office aggregation, or direct investment vehicles on its public-facing site — it is positioned as a planning and advisory relationship rather than an investment-platform business.