Foster & Motley is looking for talented individuals to join our team for the following positions:
About Foster & Motley
Foster & Motley is a growing, independent, employee-owned, fee-only Registered Investment Advisory (RIA) firm that provides clients with investment management and comprehensive financial planning. We currently manage over $3 Billion in client assets and have over 50 dedicated employees. The firm's culture promotes collaboration, professional growth, and a commitment to providing exceptional client service.
Chief Compliance Officer
Position Summary
Foster & Motley, Inc. is seeking an Chief Compliance Officer to join our team. This is a full-time position located in Cincinnati, Ohio. The Chief Compliance Officer (CCO) leads and manages the firm’s compliance program, working with all departments to design, implement, and maintain ethical standards and policies that align with relevant laws, regulations, and internal strategies while ensuring the firm preserves its fiduciary duty to clients. This is a hands-on role with a focus on staying informed, understanding the risks and requirements associated with an RIA, and applying compliance principles relevant to the firm to maintain a culture of compliance. The CCO works directly with firm leadership and reports to the Board of Directors.
Essential Functions
- Informed: Stay abreast of regulatory requirements and developments using resources that include periodicals, webinars, conferences, roundtables, and SEC outreach programs.
- Risk Management: Identify, mitigate, and review risks and conflicts of the firm on an ongoing basis.
- Policies and Procedures: Draft, update, and maintain written policies and procedures, including a Code of Ethics that is compliant with regulatory requirements, and tailored to the firm’s risks and practices.
- Agreements and Notices: Draft, update, and maintain agreements and privacy notices that meet requirements and are consistent with practices and regulatory disclosures.
- Regulatory Filings and Registrations: Maintain filings and registrations, including ADVs (Part 1, Part 2A, 2B, and Form CRS), 13F/13H, Form N-PX, and U4/U5.
- Disclosures: Review filings, documents, notices, and marketing materials to ensure they adequately disclose fees, services, and conflicts of interest, and are provided to prospects and clients.
- Annual Compliance Review: Measure the effectiveness of the firm’s policies and procedures through regular ongoing testing and monitoring. Inadequacies identified are communicated to the Board and changes implemented.
- Exams: Represent the firm and participate in annual custody exam and regulatory exams.
- Marketing: Work with marketing department to approve and monitor all advertisements, and communicate expectations to the firm.
- Business Continuity: Work closely with all departments to draft, update, and maintain the firm’s business continuity and disaster recovery plan to address necessary steps in the event of a disruption. Ensure testing is conducted no less than annually.
- Cybersecurity: Work with the IT department to ensure controls are in place to protect client information. This includes performing due diligence on service providers.
- Books and Records: Maintain records as required by Rule 204-2.
- Trading and Best Execution: Ensure the firm’s trading practices are consistent with its fiduciary duty to clients. A review of best execution is conducted no less than annually.
- Custody: Understand what constitutes custody and maintain specific policies and procedures accordingly. Work with the accounting firm conducting the annual surprise custody exam, leading the firm’s efforts.
- Training: Conduct training and update the firm on policies and procedures and regulatory requirements.
Minimum Education and Experience Required
- Bachelor's degree in business administration, or related field.
- 5+ years in a compliance role with an RIA.
- Compliance certification (IACCP, CSCP, or CCEP) or expect to acquire.
- Deep understanding of RIA regulations.
- Ability to develop and implement a code of ethics and compliance policies.
- Experience monitoring and testing policies.
- Strong organizational skills and attention to detail.
- Excellent communication and leadership qualities with a positive attitude.
- Strong problem-solving skills, providing clear, actionable advice.
- Ability to work independently to resolve issues and meet deadlines.
- Ability to also work in a collaborative, team-oriented environment.
- Ability to manage multiple priorities and initiatives simultaneously.
- Reasonable technology skills.
What This Role Offers
- Competitive salary commensurate with experience
- Annual bonus
- Safe Harbor 401(k) plan with discretionary profit sharing
- Medical, Dental, Vision, Short-Term/Long-Term Disability, and Group Life insurance
- Paid time off and paid parental leave
- Opportunities for professional growth and continuing education
- Up to 16 hours per week of remote work flexibility, starting after 90-days of employment
To Apply
If interested, please email your resume and cover letter to careers@fosterandmotley.com. All inquiries will be held in the strictest confidence.
Associate Planner
Position Summary
Foster & Motley, Inc. is seeking an Associate Planner to join our team. This is a full-time position located in Cincinnati, Ohio. The Associate Planner supports the Financial Planners in the development and maintenance of comprehensive financial plans, conducting research, and managing client data.
Essential Functions
- Plan Development: Prepare and update comprehensive financial plans, including retirement projections, tax planning, cash flow analysis, and estate planning strategies
- Client Support: Participate in client meetings, take detailed notes, and manage post-meeting follow-up items
- Analysis: Gather, input, and analyze client financial data using software such as eMoney, Salesforce, and Excel
- Implementation: Assist with investment implementation, including account opening, asset allocation changes, and money movement, while ensuring compliance with regulations
- Research & Documentation: Research specific planning issues, prepare investment proposals, and maintain accurate client records
- Assist Financial Planners with client communications, implementing a financial plan, researching specific planning issues, and developing specialized analyses for a client’s comprehensive plan
Qualifications
- Progress towards CFP® and/or CPA designation preferred
- Bachelor’s Degree required
- 0-5 years of professional experience in a wealth management or financial services field and a strong background in tax is preferred but not required
- Detail-oriented with a demand for a high degree of accuracy and ability to follow direction
- Highly proficient in Microsoft Office products. Proficiency in eMoney preferred but not required
- Excellent written and verbal communication skills
- Develop and maintain a “client-first” service mentality
- Demonstrate a willingness to work as a team with all levels of the firm and with clients
- Find solutions and develop new skills
- Team player, able to work well
- Interest in professional and personal growth by involvement with professional and/or community organizations
What This Role Offers
- Competitive salary commensurate with experience
- Annual bonus
- Safe Harbor 401(k) plan with discretionary profit sharing
- Medical, Dental, Vision, Short-Term/Long-Term Disability, and Group Life insurance
- Paid time off and paid parental leave
- Opportunities for professional growth and continuing education
- Up to 16 hours per week of remote work flexibility, starting after 90-days of employment
To Apply
If interested, please email your resume and cover letter to
careers@fosterandmotley.com. All inquiries will be held in the strictest confidence.
Client Service Associate
Position Summary
Foster & Motley, Inc. is seeking a Client Service Associate to join our team. This is a full-time position located in Cincinnati, Ohio. The Client Service Associate is responsible for assisting and supporting the Client Service Specialist (CSS) team with client-related financial planning and investment management activities. This includes preparing and processing documents, addressing administrative needs, and handling sensitive information with a high degree of confidentiality and initiative.
This role primarily focuses on internal operational tasks, with the potential to provide direct client support as needed and appropriate. The CSA position offers opportunities for professional growth and advancement into other roles within the firm.
Essential Functions
- Support CSS team with onboarding of new clients
- Establish, prepare, and maintain a variety of electronic files, and documents
- Track ongoing matters and follow up to ensure next steps are completed
- Assist with ad hoc projects as needed
- Open, maintain and service client accounts
- Draft correspondence
- Arrange meetings as needed
- Provide backup support to receptionists
- Assist internal teams while out of the office
- Perform other such duties as may be assigned
Knowledge, Skills and Abilities
- Customer service mentality
- Detail-oriented with an ability to multitask
- Organized, dependable, and personable
- Takes initiative, can work independently, and follows tasks through to completion
- General knowledge of office protocol and procedures
- Excellent communication skills – oral and written
- Ability to utilize computer programs effectively
Qualifications
- College degree is preferred
- Thorough knowledge of Microsoft applications; Word, Excel, Outlook is essential
- Administrative experience - within the financial services industry is a plus
- Experience with Customer Relationship Management (CRM) systems and Document Management Systems (DMS) is a plus
What This Role Offers
- Competitive salary commensurate with experience
- Annual bonus
- Safe Harbor 401(k) plan with discretionary profit sharing
- Medical, Dental, Vision, Short-Term/Long-Term Disability and Group Life insurance
- Paid time off and paid parental leave
- Opportunities for professional growth and continuing education
- Up to 16 hours per week of remote work flexibility, starting after 90-days of employment
To Apply
If interested, please email your resume and cover letter to
careers@fosterandmotley.com. All inquiries will be held in the strictest confidence.