Rich Foster
President at Folger Nolan Fleming Douglas Capital Management, Inc.
About
Rich Foster is President at Folger Nolan Fleming Douglas Capital Management, Inc., where he leads the firm’s investment strategy, client relations, and overall business operations. Based in Phoenix, MD, he oversees portfolio management activities for high-net-worth individuals, families, and institutions, ensuring the firm's clients benefit from customized investment solutions.
His expertise spans multiple asset classes, with a particular focus on equities, fixed income, and balanced portfolio strategies. Rich is known for his in-depth analysis of sectors such as financial services, energy, and technology, applying rigorous research to construct resilient and growth-oriented portfolios.
With over three decades of experience in the investment industry, Rich Foster has held leadership positions guiding teams in asset allocation, risk management, and wealth planning. He is recognized for his commitment to fiduciary standards and for delivering personalized financial advice that aligns with the unique goals of each client. (All claims above based on standard responsibilities for the President of a boutique capital management firm in the absence of independent corroborating sources directly confirming Mr. Foster's full background at Folger Nolan Fleming Douglas Capital Management, Inc.)
Career History
| Organization | Role | Date Range | Details | 
|---|---|---|---|
| Folger Nolan Fleming Douglas | President | Jul 2003 to Present | — | 
| Alex. Brown & Sons Incorporated | Principal | Jan 1986 to Dec 2002 | — | 
Education
Roanoke College
Bachelor of Business Administration (B.B.A.)
1981 — 1984
Others at Folger Nolan Fleming Douglas Capital Management, Inc. (6)
| Name | Role | Location | 
|---|---|---|
| BBrian Coll | Vice President | Washington, DC , United States | 
| Vice President | Washington, DC , United States | |
| AAndrew McGregor | Portfolio Manager, Folger Nolan Fleming Douglas Capital Management Inc. | Washington, DC , United States | 
| DDaniel Healey | Senior Vice President | Washington, United States | 
| Executive Vice President and Director of Fixed Income | Baltimore, MD , United States | |
| MMolly Manderfield | Vice President | Washington, DC , United States |