Foundations Investment Group LLC is an investment management firm based in the United States. As an investment group, Foundations provides wealth management and financial advisory services to high net worth individuals, families, endowments and foundations. With offices across the country, Foundations takes a long-term, goals-based approach to investing and aims to build customized portfolios for each client. This article will provide an overview of Foundations Investment Group, including its history, services, investment philosophy and key executives.
Foundations Was Founded in 2004 and Now Manages Over $9 Billion in Assets
Foundations Investment Group was founded in 2004 by John Johnson and Eric Colby in Charlotte, North Carolina. It started out managing assets for several family offices in the Charlotte area. Over the years, Foundations has expanded to serve a wider client base across the United States. Today, Foundations has over $9 billion in assets under management and services thousands of clients across the country. The firm has grown rapidly but remains privately owned by its employees.
Foundations Takes a Goals-Based Approach to Investing for Clients
At the core of Foundations Investment Group’s philosophy is goals-based investing. The firm sees its role as helping each client identify their unique goals and then developing an investment plan tailored specifically tomeeting those goals. This approach requires getting to know clients deeply – their values, priorities, risk tolerance, time horizon and other constraints. Foundations advisors spend a significant amount of time upfront understanding clients before making investment recommendations.
Foundations Offers Customized Portfolio Management Services
Foundations Investment Group offers customized portfolio management services to its clients. This includes investment advisory services, developing strategic asset allocation, selecting investments, ongoing monitoring and regular rebalancing. Foundations has a broad investment platform that allows its advisors to construct tailored portfolios using individual securities like stocks and bonds as well as mutual funds, ETFs, alternatives and private investments.
The Firm Has Expanded Across the U.S. with Several Offices
From its home base in Charlotte, North Carolina, Foundations Investment Group has expanded across the United States. It now has several offices located in North Carolina, South Carolina, Georgia, Tennessee, Texas, California and other states. While relatively young compared to some established wealth management firms, Foundations has achieved national reach and name recognition within a couple decades. But it aims to maintain a boutique, client-centric culture even as it grows.
Foundations is Led by Several Industry Veterans
Foundations Investment Group is led by several industry veterans who also own stakes in the firm. CEO John Johnson has over 30 years of experience in investment management. He previously led the southeast division for Wachovia Securities. President Eric Colby also has over 30 years of experience as an advisor, including at Morgan Stanley and Wachovia. Other key executives include COO Rob Pharr, CIO John James and Chief Wealth Strategist Rich Arzaga.
In summary, Foundations Investment Group is an independent investment management firm that takes a customized, goals-based approach to investing. Founded in 2004, it has grown to over $9 billion in AUM across the U.S. Foundations serves high net worth clients including individuals, families, foundations and endowments. It is led by seasoned professionals with decades of industry experience.