“Our mission is to provide for your prosperity by creating unique approaches to wealth preservation, using traditional financial methodologies.”

Contact us via e-mail

825 S. Waukegan A8 #212
Lake Forest, IL 60045

Phone: (847) 999-2130
Fax: (847) 441-6740

About Charles Wm. Foster & Associates, Ltd.

Our Firm

Because you must respond to financial challenges and opportunities year round, we believe the accounting and financial planning service you use should support you year round. As a result, Charles Wm. Foster & Associates, Ltd. provides services that go far beyond the year end task of completing Federal and State Income Tax Returns.

Our Mission

Our mission is to provide for your prosperity by creating unique approaches to wealth preservation, using traditional financial methodologies. To achieve this, we will provide you with a personalized, comprehensive and flexible service that will organize and support you in any facet of your personal and business financial planning. We have chosen not to sell investments or insurance products or accept commissions from our clients in order to provide you with the highest level of objective advice.

Our Services

Our services are uniquely based upon the professionalism and extensive technical experience of our staff. The firm is comprised of Certified Public Accountants, Certified Financial Planners and business professionals. Thus, we are able to integrate our financial planning, tax planning & compliance, estate planning, and business advisory services to provide a comprehensive service to you. We provide service that is specialized, independent, unbiased, and thorough. Additionally, confidentiality of client information is of utmost importance to us. Please see our "Services" section for more information about the services we offer.

Our Clients

Our clients are generally high net worth families, private investors, closely held business owners, and professionals. Characteristically, our clients are long-term and goal-oriented; consequently, our services are intended to be evolutionary. Our focus is not on one-time planning, but on periodic on-going refinements and enhancement of your financial situations. This approach, combined with our experience in handling complicated, detailed financial situations provides you with value-added service.

We have worked with senior executives in the following companies:

Our Founder, Charles Wm. Foster C.P.A., M.S. Tax

Charles Wm. Foster is President of the Public Accounting, Tax, and Financial Planning Services firm of Charles Wm. Foster & Associates, Ltd. The firm was founded in 1986.

Mr. Foster holds a bachelor's degree from Northwestern University and a master's degree in taxation from DePaul University in Chicago. He is a member of the American Institute of Certified Public Accountants and the Illinois C.P.A. Society.

Before starting his firm, Mr. Foster spent eleven years with Price Waterhouse in Chicago (through 1985). He has been involved in a number of different areas of taxation and financial planning for executives as well as corporations and partnerships. During his last three years at Price Waterhouse, he was a senior manager and the Director of Executive Financial Services in Chicago, Illinois.

Mr. Foster is a frequent speaker and author on financial planning and United States tax issues, including strategic asset allocation, tax and estate planning for high net worth individuals, executive compensation strategies and representation before the Internal Revenue Service. He is also involved in expatriate tax planning matters and representation of his clientele before the International Office of the Internal Revenue Service concerning executives and commodities traders in the United Kingdom, Switzerland, France and other foreign countries. Mr. Foster has appeared on various television programs to discuss estate planning as well as strategic asset allocation.

Our Areas of Expertise