Firm Description Foster Group, Inc. (“Advisor”) is an investment Advisor registered with the Securities and Exchange Commission under the Investment Advisors Act of 1940. Advisor has been operating as an investment advisory firm since 1991. Principal Owners Advisor’s principal owners are Gerald Ray Foster, Mark Alan Stadtlander, Reed Roger Rinderknecht, Kent Allen Kramer, Gregory John Olsen, Travis James Rychnovsky, Joseph Clarence Bantz, Bradley Dean Rempe, Ross Benjamin Polking, Jonathan Michael Evans, Brenton Lowell Carlson, Marcus Lee Iwig, Kate Patricia Juelfs, Andrew Douglas Farmer, Matthew John Abels, Timothy James Mabee, Caleb James Brown, Jason Reed Brown, Brittany Ellen Heard, Matthew David Moklestad, Walter Philip Mozdzer, Stacie Anne Neussendorfer, Sunny Jo Darling Roeder and Geoffrey Robert Christy. Types of Advisory Services Advisor provides continuous investment supervisory services, furnishes investment advice through consultations, and furnishes advice to clients on matters not involving securities. Advisor provides investment management services to individuals and institutional clients, as well as qualified plan consulting services. Advisor’s services also may include financial planning. Advisor primarily offers advice on mutual funds and exchange-traded funds (“ETFs”). It may consult on other securities owned by clients, such as variable annuities, although Advisor does not sell these securities. All clients and entities seeking to begin a financial planning and investment management relationship with Advisor are required to sign an Advisory Agreement. The Advisory Agreement establishes the advisory relationship between Advisor and the client. More specific information regarding Advisor’s services is as follows: INVESTMENT MANAGEMENT Advisor’s investment advisor representatives meet with each individual or organization to establish the client's short-term and long-range investment goals and objectives. These representatives discuss various model portfolios, including the risk involved and potential return associated with each. Based on these discussions, they formulate a strategy to help accomplish the client's objectives. Advisor bases the investment philosophy on a long-term perspective, taking into consideration asset allocation and diversification among several asset classes. For investment management clients, Advisor assists the client in implementing an investment strategy, monitors results, and reports to the client on a regular basis. Client assets are held in a custodial account by an independent custodian and broker-dealer. FORM ADV PART 2A: DISCLOSURE BROCHURE | 5 INDIVIDUAL SERVICES The Advisor offers three distinct service offerings for individual clients: CoreWealth, SignatureWealth, and SelectWealth. While the Advisor may recommend an offering for clients, clients remain responsible for determining which offering is best suited for them and the Advisor does not review or monitor the client’s selection. Each of these offerings is described further below. CoreWealth CoreWealth is the Advisor’s digitally-led investment advisory offering. This offering is designed for clients and prospective clients who generally have fewer assets, less complex financial situations, and more routine sources of income. Whereas SignatureWealth provides the client with a dedicated CFP® Lead Advisor, clients in CoreWealth primarily receive services through digital means with the support of, and access to, other advisors, including CFP® holders. Unlike SignatureWealth, clients will not receive ongoing coordination of any plans resulting from Advisor’s services and clients will be responsible for implementing any advice rendered. As part of CoreWealth, the Advisor will make the following services available, in addition to personalized portfolio construction:
• Cash flow planning • Education funding tools and strategies
• Employee benefits review and integration • Insurance review and analysis
• Retirement planning strategies • Tax return review
• Charitable giving tools and strategies • Estate and transfer planning SignatureWealth SignatureWealth is the Advisor’s full-service wealth management offering with personalized portfolio construction and an offering of advanced financial planning in 12 key areas. The Advisor will also coordinate aspects of the client’s financial plan although other professionals will be responsible for implementing any plan, unless Advisor or its affiliates agree to do so in writing. As part of SignatureWealth, the Advisor makes the following services available, in addition to personalized portfolio construction:
• Cash flow planning • Education funding tools and strategies
• Employee benefits review and integration
• Insurance review and analysis
• Retirement planning strategies • Tax return review
• Charitable giving tools and strategies • Estate and transfer planning
• Executive compensation review and analysis
• Family education and governance
• Closely held business planning FORM ADV PART 2A: DISCLOSURE BROCHURE | 6 SelectWealth SelectWealth is the Advisor’s most customized wealth management offering, tailored to clients with significant complexity and/or size who desire a comprehensive planning approach that may involve multiple family members or stakeholders. Generally, two Lead Advisors serve each SelectWealth client family with personalized portfolio construction and an offering of advanced financial planning in 13 key areas. The Advisor will also coordinate aspects of the client’s financial plan although other professionals will be responsible for implementing any plan, unless Advisor or its affiliates agree to do so in writing. SelectWealth clients will work closely with their Advisor to determine a customized set of ancillary services. As part of SelectWealth, the Advisor makes the following services available, in addition to personalized portfolio construction:
• Cash flow planning • Education funding tools and strategies
• Employee benefits review and integration
• Insurance review and analysis
• Retirement planning strategies • Tax return review
• Charitable giving tools and strategies • Estate and transfer planning
• Executive compensation review and analysis
• Family education and governance
• Closely held business planning • Articulation of family mission, vision, and values INSTITUTIONAL SERVICES Advisor also provides investment management services to its institutional clients. Advisor’s primary role with such clients is to assist in determining a suitable allocation for the client’s invested portfolio. Advisor will focus initially on several key areas which, depending upon the client’s situation and request, may include:
• Identification of the organization’s goals and objectives
• Analysis of the organization’s return needs
• Analysis of the organization’s anticipated distribution requirements
• Selection of appropriate model portfolio allocation and portfolio construction methodology
• Implementation and monitoring of portfolio
• Review and communication of results to client boards, committees and/or executives QUALIFIED PLAN CONSULTING SERVICES Advisor serves as a "fiduciary" as defined in §3(21) of ERISA and will provide investment advice or recommendations as to the management of the assets held in the Client's plan, to plan fiduciaries, plan participants or beneficiaries. Advisor will also monitor the investment options for the investment of a plan's assets, and provide non-discretionary advice regarding the plan's investment options. In such engagements, Advisor will serve as an investment fiduciary as that term is defined under The Employee Retirement Income Security Act of 1974 (“ERISA”). These services also may include: FORM ADV PART 2A: DISCLOSURE BROCHURE | 7
• Conducting due-diligence review meetings with Clients on an annual basis.
• Periodic meetings with the Client to review analysis of investments.
• Conducting enrollment, education and periodic plan review meetings with participants as scheduled or requested
• Assisting Clients in obtaining general information about their account including specific questions such as the status of plan Advisor may provide these Qualified Plan Consulting Services as part of an investment sub-advisory agreement with Savant, LLC dba Savant Wealth Management or through relationships with other custodians. Advisor may also be engaged to serve as an “investment manager” as defined in §3(38) of ERISA to manage a qualified plan’s assets. Generally, such asset management services consist of managing a retirement plan’s assets consistent with the objectives, written guidelines and/or investment objectives set forth in the written investment policy statement accepted and adopted by the client. OTHER CONSULTING SERVICES Upon request, Advisor may provide investment advice and/or financial planning services on a project or one- time basis. MISCELLANEOUS Limitations of Financial Planning and Non-Investment Consulting/Implementation Services To the extent requested by the client, Advisor will generally provide (subject to exceptions, including for smaller accounts) financial planning and related consulting services regarding non-investment related matters, such as tax and estate planning, insurance, etc. Advisor will generally provide such consulting services inclusive of its advisory fee set forth at Item 5 below (exceptions do occur based upon assets under management, special projects, stand-alone planning engagements, etc. for which Advisor may charge a separate or additional fee). Advisor believes that it is important for the client to address financial planning issues on an ongoing basis. Advisor’s advisory fee, as set forth at Item 5 below, will remain the same regardless of whether or not the client determines to address financial planning issues with Advisor. Advisor does not serve as an attorney, accountant, or insurance agent, and no portion of Advisor’s services should be construed as same. Accordingly, Advisor does not prepare legal documents, prepare tax returns, or sell insurance products (however, two of Advisor’s representatives, in their separate individual licensed capacities, serve as certified public accountants-see disclosure at Item 10 below). To the extent requested by a client, we may recommend the services of other professionals for non-investment implementation purpose (i.e. attorneys, accountants, insurance, etc.). All such engagements (including those of Advisor’s representatives) are separate from the client’s engagement of Advisor. The client retains absolute discretion over all such implementation decisions and is free to accept or reject any recommendation from Advisor and/or its representatives. If the client engages any professional (i.e. attorney, accountant, insurance agent, etc.), recommended or otherwise, and a dispute arises thereafter relative to such engagement, the client agrees to seek recourse exclusively from the engaged professional. At all times, the engaged licensed FORM ADV PART 2A: DISCLOSURE BROCHURE | 8 professional[s] (i.e. attorney, accountant, insurance agent, etc.), and not Advisor, shall be responsible for the supervision, quality and competency of the services provided. Custodian Charges-Additional Fees As discussed in Item 12 below, when requested to recommend a broker-dealer/custodian for client accounts, Advisor generally recommends that Schwab or Pershing (the “Custodians”) serve as the broker- dealer/custodian for client investment management assets. Broker-dealers such as the Custodians charge brokerage commissions, transaction, and/or other type fees for effecting certain types of securities transactions (i.e., including transaction fees for certain mutual funds, and mark-ups and mark-downs charged for fixed income transactions, etc.). The types of securities for which transaction fees, commissions, and/or other type fees (as well as the amount of those fees) shall differ depending upon the broker-dealer/custodian (while certain custodians, including the Custodians, do not currently charge fees on individual equity transactions, others do). These fees/charges are in addition to Advisor’s investment advisory fee in Item 5 below. Advisor does not receive any portion of these fees/charges. Portfolio Activity Advisor has a fiduciary duty to provide services consistent with the client’s best interest. Advisor will review client portfolios on an ongoing basis to determine if any changes are necessary based upon various factors, including, but not limited to, investment performance, market conditions, fund manager tenure, style drift, account additions/withdrawals, and/or a change in the client’s investment objective. Based upon these factors, there may be extended periods of time when Advisor determines that changes to a client’s portfolio are neither necessary, nor prudent. Clients remain subject to the fees described in Item 5 below during periods of account inactivity. Other Assets. To the extent that Advisor provides advisory monitoring or review services for client investment assets for which Advisor does not maintain custodian access or trading authority (including initial and ongoing consideration of such assets as part of the client’s asset allocation), Advisor may determine to include such assets in its advisory fee calculation per Item 5 below. Client Obligations In performing its services, Advisor shall not be required to verify any information received from the client or from the client’s other professionals, and is expressly authorized to rely thereon. Moreover, each client is advised that it remains their responsibility to promptly notify Advisor if there is ever any change in their financial situation or investment objectives for the purpose of reviewing, and if necessary, revising the Advisor’s previous recommendations and/or services. Independent Managers Advisor may allocate a portion of the client’s investment assets among unaffiliated independent investment managers in accordance with the client’s designated investment objective(s). In such situations, the Independent Manager(s) shall have day-to-day responsibility for the active discretionary management of the allocated assets. Advisor shall continue to render investment supervisory services to the client relative to the ongoing monitoring and review of account performance, asset allocation, and client investment objectives. Factors that Advisor shall consider in recommending Independent Manager(s) include the client’s designated investment objective(s), management style, performance, reputation, financial strength, reporting, pricing, and FORM ADV PART 2A: DISCLOSURE BROCHURE | 9 research. The client is under no obligation to engage an Independent

Manager(s). The fee charged by the Independent Manager is in addition to Advisor’s investment advisory fee disclosed in Item 5 below. Non-Discretionary Service Limitations. Clients that determine to engage Advisor on a non-discretionary investment advisory basis must be willing to accept that Advisor cannot affect any account transactions without obtaining prior consent to any such transaction(s) from the client. Thus, in the event that Advisor would like to make a transaction for a client’s account, and client is unavailable, Advisor will be unable to affect the account transaction (as it would for its discretionary clients) without first obtaining the client’s consent. Availability of Cash Sweep Accounts Certain cash sweep accounts are available to clients at no additional cost. Cash sweep accounts available include Flourish Cash offered by Stone Ridge Securities LLC, or Cantor Fitzgerald offered by StoneCastle Network, LLC The cash balance in a Cash Sweep account will be swept from the brokerage account to a deposit account at one or more third-party banks that have agreed to accept deposits from customers of the Cash Sweep program provider ("Program Banks"). The accounts at Program Banks pay a variable rate of interest, but if higher than the client’s current account’s rate on cash or cash equivalents, the client may want to consider opening an account with the provider. Interval Funds/Risks and Limitations Where appropriate, Advisor may utilize interval funds. An interval fund is a non-traditional type of closed-end mutual fund that periodically offers to buy back a percentage of outstanding shares from shareholders. Investments in an interval fund involve additional risk, including lack of liquidity and restrictions on withdrawals. During any time periods outside of the specified repurchase offer window(s), investors will be unable to sell their shares of the interval fund. There is no assurance that an investor will be able to tender shares when or in the amount desired. There can also be situations where an interval fund has a limited amount of capacity to repurchase shares, and may not be able to fulfill all purchase orders. In addition, the eventual sale price for the interval fund could be less than the interval fund value on the date that the sale was requested. While an internal fund periodically offers to repurchase a portion of its securities, there is no guarantee that investors may sell their shares at any given time or in the desired amount. As interval funds can expose investors to liquidity risk, investors should consider interval fund shares to be an illiquid investment. Typically, the interval funds are not listed on any securities exchange and are not publicly traded. Thus, there is no secondary market for the fund’s shares. Because these types of investments involve certain additional risk, these funds will only be utilized when consistent with a client’s investment objectives, individual situation, suitability, tolerance for risk, and liquidity needs. Investment should be avoided where an investor has a short- term investing horizon and/or cannot bear the loss of some, or all, of the investment. There can be no assurance that an interval fund investment will prove profitable or successful. In light of these enhanced risks, a client may direct Advisor, in writing, not to employ any or all such strategies for the client’s account. Socially Responsible Investing Limitations Socially Responsible Investing involves the incorporation of Environmental, Social, and Governance considerations into the investment due diligence process (“ESG”). ESG investing incorporates a set of criteria/factors used in evaluating potential investments: Environmental (i.e., considers how a company safeguards the environment); Social (i.e., the manner in which a company manages relationships with its FORM ADV PART 2A: DISCLOSURE BROCHURE | 10 employees, customers, and the communities in which it operates); and Governance (i.e., company management considerations). The number of companies that maintain an acceptable ESG mandate can be limited when compared to those that do not, and could underperform broad market indices. Investors must accept these limitations, including potential for underperformance. Correspondingly, the number of ESG mutual funds and exchange-traded funds are limited when compared to those that do not maintain such a mandate For clients interested in ESG securities, Advisor will allocate a portion of the client’s investment assets to ESG-specific funds in accordance with the client’s designated investment objective(s). In such situations, the fund manager shall have day-to-day responsibility for the active discretionary management of the allocated assets. Advisor shall continue to render investment supervisory services to the client relative to the ongoing monitoring and review of account performance, asset allocation and client investment objectives. Factors that Advisor shall consider in recommending ESG fund advisors include the client’s designated investment objective(s), management style, performance, reputation, financial strength, reporting, pricing, and research. The investment management fee charged by the ESG fund advisor is separate from, and in addition to, Advisor’s investment advisory fee disclosed in Item 5 below. There are potential limitations associated with allocating a portion of an investment portfolio in ESG securities (i.e., securities that have a mandate to avoid, when possible, investments in such products as alcohol, tobacco, firearms, oil drilling, gambling, etc.). As with any type of investment (including any investment and/or investment strategies recommended and/or undertaken by Advisor), there can be no assurance that investment in ESG securities or funds will be profitable, or prove successful. Retirement Rollovers-No Obligation/Potential Conflict of Interest A client or prospective client leaving an employer typically has four options regarding an existing retirement plan (and may engage in a combination of these options): (i) leave the money in their former employer’s plan, if permitted, (ii) roll over the assets to their new employer’s plan; if one is available and rollovers are permitted, (iii) rollover to an Individual Retirement Account (“IRA”), or (iv) cash out the account value (which could, depending upon the client’s age, result in adverse tax consequences). If Advisor recommends that a client roll over their retirement plan assets into an account to be managed by Advisor, such a recommendation creates a conflict of interest if Advisor will earn new (or increase its current) compensation as a result of the rollover. If Advisor provides a recommendation as to whether a client should engage in a rollover or not (whether it is from an employer’s plan or an existing IRA), Advisor is acting as a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. No client is under any obligation to rollover retirement plan assets to an account managed by Advisor whether it is from an employer’s plan or an existing IRA. Use of Mutual and Exchange Traded Funds Advisor utilizes mutual funds and exchange traded funds for its client portfolios. In addition to Advisor’s investment advisory fee described below, and transaction and/or custodial fees discussed below, clients will also incur, relative to all mutual fund and exchange traded fund purchases, charges imposed at the fund level (e.g. management fees and other fund expenses). Use of DFA Mutual Funds Advisor utilizes the mutual funds issued by Dimensional Fund Advisors (“DFA”). DFA funds are generally only available through registered investment advisers approved by DFA. Thus, if the client was to terminate FORM ADV PART 2A: DISCLOSURE BROCHURE | 11 Advisor’s services, and transition to another adviser who has not been approved by DFA to utilize DFA funds, restrictions regarding additional purchases of, or reallocation among other DFA funds, will generally apply. Cryptocurrency For clients who want exposure to cryptocurrencies, including Bitcoin, the Advisor may refer the client to Flourish Crypto, an unaffiliated Turnkey Cryptocurrency Access Solution for registered investment advisors, as a courtesy. Clients will open a cryptocurrency account with Flourish Crypto and Advisor will not advise on Crypto Assets. Cryptocurrency held in a Flourish Crypto account are custodied by, and trading services are provided by, Paxos Trust Company, LLC. Crypto is a digital currency that can be used to buy goods and services but uses an online ledger with strong cryptography (i.e., a method of protecting information and communications with codes) to secure online transactions. Unlike conventional currencies issued by a monetary authority, cryptocurrencies are generally not controlled or regulated and their price is determined by the supply and demand of their market. Cryptocurrency is currently considered to be a speculative investment. Investment in cryptocurrencies is subject to the potential for liquidity constraints, extreme price volatility and complete loss of principal. Notice to Opt Out. No client is under any obligation to purchase cryptocurrency from Flourish Crypto and can decide to purchase cryptocurrency through other, non-affiliated cryptocurrency platforms. Borrowing Against Assets/Risks A client who has a need to borrow money could determine to do so by using:
• Margin-The account custodian or broker-dealer lends money to the client. The custodian charges the client interest for the right to borrow money, and uses the assets in the client’s brokerage account as collateral or
• Pledged Assets Loan- In consideration for a lender (i.e., a bank, etc.) to make a loan to the client, the client pledges its investment assets held at the account custodian as collateral. These above-described collateralized loans are generally utilized because they typically provide more favorable interest rates than standard commercial loans. These types of collateralized loans can assist with a pending home purchase, permit the retirement of more expensive debt, or enable borrowing in lieu of liquidating existing account positions and incurring capital gains taxes. However, such loans are not without potential material risk to the client’s investment assets. The lender (i.e. custodian, bank, etc.) will have recourse against the client’s investment assets in the event of loan default or if the assets fall below a certain level. For this reason, Advisor does not recommend such borrowing unless it is for specific short-term purposes (i.e. a bridge loan to purchase a new residence). Advisor does not recommend such borrowing for investment purposes (i.e. to invest borrowed funds in the market). Regardless, if the client was to determine to utilize margin or a pledged assets loan, the following economic benefits would inure to Advisor:
• by taking the loan rather than liquidating assets in the client’s account, Advisor continues to earn a fee on such Account assets and
• if the client invests any portion of the loan proceeds in an account to be managed by Advisor, Advisor will receive an advisory fee on the invested amount. FORM ADV PART 2A: DISCLOSURE BROCHURE | 12 The client must accept the above risks and potential corresponding consequences associated with the use of margin or a pledged assets loans. Cybersecurity Risk. The information technology systems and networks that Advisor and its third-party service providers use to provide services to Advisor’s clients employ various controls, which are designed to prevent cybersecurity incidents stemming from intentional or unintentional actions that could cause significant interruptions in Advisor’s operations and result in the unauthorized acquisition or use of clients’ confidential or non-public personal information. Clients and Advisor are nonetheless subject to the risk of cybersecurity incidents that could ultimately cause them to incur losses, including for example: financial losses, cost and reputational damage to respond to regulatory obligations, other costs associated with corrective measures, and loss from damage or interruption to systems. Although Advisor has established its systems to reduce the risk of cybersecurity incidents from coming to fruition, there is no guarantee that these efforts will always be successful, especially considering that Advisor does not directly control the cybersecurity measures and policies employed by third-party service providers. Clients could incur similar adverse consequences resulting from cybersecurity incidents that more directly affect issuers of securities in which those clients invest, broker-dealers, qualified custodians, governmental and other regulatory authorities, exchange and other financial market operators, or other financial institutions. Reporting Services. Advisor can also provide, account reporting services, which can incorporate client investment assets though ByAllAccounts or eMoney, that are not part of the assets that Advisor manages (the “Excluded Assets”). Unless agreed to otherwise, the client and/or their other advisors that maintain trading authority, and not Advisor, shall be exclusively responsible for the investment performance of the Excluded Assets. Unless also agreed to otherwise, Advisor does not provide investment management, monitoring or implementation services for the Excluded Assets. If the Advisor is asked to make a recommendation as to any Excluded Assets, the client is under absolutely no obligation to accept the recommendation, and Advisor shall not be responsible for any implementation error (timing, trading, etc.) relative to the Excluded Assets. The client can engage Advisor to provide investment management services for the Excluded Assets pursuant to the terms and conditions of the Investment Advisory Agreement between Advisor and the client. Pontera. Advisor uses Pontera, a third party platform to facilitate the management of held away assets such as defined contribution plan participant accounts, with discretion. Those clients who choose to engage the Advisor to service their held away accounts will be provided a link to connect their outside accounts to the platform. Once the client’s account(s) is connected to the platform, the Advisor will review the client’s current account allocations. The Advisor will rebalance the connected outside accounts consistent with the client’s investment goals and risk tolerance. Client account(s) will be reviewed at least quarterly. Assets Under Management Advisor provides investment advice to clients on a discretionary basis. As of December 31, 2023, Advisor’s total regulatory assets under management are as follows: Discretionary Clients $ 3,223,644,485 Non-Discretionary Clients $14,868,683 Total $ 3,238,513,168 FORM ADV PART 2A: DISCLOSURE BROCHURE | 13