Paul Foster

paul_foster_thumbnail.jpgPaul Foster is the Chief Executive Officer and Chief Investment Officer of Addwealth Pty Ltd.

Paul is also a Director of Addwealth Financial Services Pty Ltd, Sentiens Pty Ltd, Decimal Pty Ltd and is the Chairman of the Procott Incorporated Board.

Paul was pivotal in protecting Addwealth's clients from the Global Financial Crisis, deciding to sell out of share and property markets in 2007 and 2008. The subsequent decision to buy back into the market from March 2009 has seen Addwealth, and its clients, prosper.

Paul's financial dexterity and knowledge stems from over 15 years experience in the financial planning industry. After opening his first business at age 20 and trebling the turnover within 18 months, Paul realised that his passion and skill lay in finance, and after a corporate role with BHP he joined KPMG's financial planning division. When the division was sold 4 years later, Paul took the opportunity to create the financial services business Addwealth, providing a strong strategic service to clients together with a focus on achieving above average investment returns.

In July 2009, Addwealth won the Social Responsibility Award in the Western Australian Telstra Business Awards.

The Addwealth Achiever Fund achieved a 5 star Morningstar rating in November 2009, and was the highest performing fund in this category to the end of November 2010. The Achiever Fund returned 11.75% for the 12 months as compared with an average return of 3.37% to the end of November 2010.

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