Elyse Foster

CFP®
Investing, Small Business, Lifestage Based Planning
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“Elyse Foster, Founder of Harbor Financial Group is an experienced wealth manager dedicated to providing unbiased advice, education and resources to individuals, families and businesses.”
Firm:

Harbor Finanacial Group, Inc.

Job Title:

CEO

Biography:

Elyse Foster founded Harbor in 1988 and provides strategic direction for the firm. In addition Elyse works with individuals, families and businesses to create a unique plan for their present and future.

Harbor explores financial planning for life events such as saving for college and retirement, a job change, business sale or inheritance. The firm assists in minimizing taxes and passing wealth to the next generation. Elyse and her team believe a good plan incorporates risk management, including a review of casualty, life, disability, health and long-term care insurance. They review and monitor company benefits. They believe in interactive education and bring current topics and education to their clients and professional partners in the form of small group presentations and workshops, outside speakers, book discussions, economic discussions, and articles groups.

Investments play an important role in a successful plan. Elyse and her team's investment models are integrated into the wealth management plan and have high, consistent returns with correspondingly low risk. They have a history of taking profits when the market prices were high throughout market cycles in 1999-2000, and 2007-2008 and have success in re-entering markets in 1987, 2001 and 2009. They identify and implement opportunistic strategies to capitalize on opportunities created in turbulent times. In addition to a market tested process for core investment selection, they have positioned their firm to take advantage of private equity and debt investment opportunities offering access to institutional offerings with historical relationships cultivated during our long history. Real estate is a specialty however they have a long history and experience in a broad range of alternative investments.

Prior to founding Harbor, Elyse was an investment banker, Director of Operations for a planning firm and a staff accountant. She earned her B.A. degree in Political Science from the University of Colorado-Boulder and has held the CFP designation since 1984.

Elyse enjoys an active Colorado lifestyle year round as well as photography, dance and travel. Community involvement is also important to Elyse. She is Chair of the board of directors for the Humane Society of Boulder Valley and is a board member for the Burridge Center for Finance and at the University of Colorado Boulder. Her work on the board was instrumental in bringing the CFP curriculum to the university. She also enjoys spending time with family and friends.

Education:

BA, Political Science, University of Colorado -Boulder

Assets Under Management:

$160 million

Fee Structure:

Fee-Only

CRD Number:

1064471

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3 weeks ago
    Retirement, Retirement Plans, Retirement Living
March 2017
    Choosing an Advisor, Investing, Personal Finance
May 2017
June 2017
May 2017

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    Retirement Savings, Investing, Lifestage Based Planning
How should I invest and save right out of college?
100% of people found this answer helpful

Congratulations on your graduation and job! You are well on your way to adulting! You have great ideas and are smart to consider saving while you are living in your parents' home. I would first make sure you are contributing up to your company match for your 401(k). Since you asked about additional retirement funds, funding a Roth IRA would be a good idea. This account will grow tax-free and after five years, a portion could be used for a first-time home purchase. Setting aside a regular amount into a savings account is a good idea, over a period of months you will have an emergency fund in case you need money for a car repair for example. I would then look at your student loans, are the interest rates high? Do you have a good plan for paying them off? This can be an area to consider prepaying before you invest further.

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March 2017
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April 2017
    Investing, Stocks
What is the most efficient way to learn how to invest while working full-time?
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