Foster & Wood

Foster & Wood

Foster & Wood operates from Lake Oswego, Oregon, as a Registered Investment Advisor built on fiduciary principles. The firm was founded by David Foster, a CERTIFIED FINANCIAL PLANNER®, and Tim Wood, an Accredited Investment Fiduciary (AIF®). Both principals publish direct email and phone lines on the firm's website, signaling that client relationships sit with them personally. The firm runs two parallel practices. On the retirement-plan side, Tim Wood leads a service that acts as a 3(38) investment fiduciary for plan sponsors, assuming full investment discretion and offering Pooled Employer Plans (PEPs). On the private-wealth side, David Foster works with families to manage assets through a fee-only model that explicitly rejects commissioned products. The practice is built around a single statistic the firm cites prominently: 70% of family wealth disappears by the end of the second generational transfer. Foster & Wood is a compact firm — likely a partnership of its two named principals with supporting staff — serving clients from a single office at 5 Centerpointe Drive. The firm does not disclose AUM, team size, or a portfolio of direct investments. Its public materials reference only the advisory relationship itself, with no mentions of co-investments, fund structures, or institutional vehicles. The structural differentiator is a simple but stark one: total fiduciary commitment across both plan and private-client mandates. Foster & Wood does not sell products, accept commissions, or operate a broker-dealer arm. In an industry where blended standards are common, the firm's posture — taking full 3(38) responsibility on retirement plans and banning commissioned products for families — places client liability fully on the advisor.