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Elyse Foster

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

Harbor Wealth Management

Job Title:

Principal

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.  She is a member of NAPFA.

Elyse enjoys an active Colorado lifestyle year round as well as photography, dance, and travel.  Community involvement is also important to Elyse.  She is the former Chair of the Humane Society of Boulder Valley and is a board member for the Burridge Center for Finance 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:

$179 million

Fee Structure:

Fee-Only

CRD Number:

1064471

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February 2019
    End of Life, Estate Planning
November 2018
December 2017
October 2018
November 2017

All Answers
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    Retirement, Real Estate
What is the best way to earn interest with money I inherited?
100% of people found this answer helpful

Your time frame is fairly short, it is best to consider your guaranteed interest options so as not to risk the house downpayment funds.

A search of current online bank rates indicates that you could get 1.65% per year on savings and 2% for a 6 month CD, 2.3% for a 12 month CD.  Checking with your local bank or credit union is a good idea as well, they may offer a special savings rate that would be higher than what is available with the online banks.

 

 

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Why would my monthly interest in an online money market savings account decrease from the previous month if I haven’t withdrawn any money?
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