# David Foster

> David Foster is a fee-only financial advisor at Gateway Wealth Management, LLC in Saint Louis, Missouri, who holds the CFP, RICP and CAP credentials. David charges a percentage of assets (1.25% a year on the first tier of assets managed and a $1,000,000 asset minimum) and focuses on retirement planning and tax planning.

Page: https://find.wellspent.co/advisors/david-foster/
Built from public directory listings; last checked October 28, 2026.

## Facts

- **Firm:** Gateway Wealth Management, LLC
- **Based in:** Saint Louis, Missouri
- **Fee model:** Percentage of assets
- **Fees (firm's website):** 1.25% a year on the first tier of assets managed; a $1,000,000 asset minimum
- **Assets under management (firm):** $48.2M across 149 accounts
- **Credentials:** CFP, RICP, CAP
- **Specialties:** Retirement planning, Tax planning
- **Works with:** Pre-retirees, Retirees
- **CRD:** 5490194 (https://adviserinfo.sec.gov/individual/summary/5490194)
- **SEC registration:** Investment adviser representative in IL, MO, TX
- **Exams passed:** Series 66 (2008)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** https://gatewaywealthstl.com

## Frequently asked questions

### Is David Foster a fee-only financial advisor?

Yes. David Foster is listed in the XY Planning Network directory (XYPN members are fee-only). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by David's firm.

### How does David Foster charge for financial advice?

David Foster charges a percentage of assets.

### How much does David Foster charge?

According to Gateway Wealth Management, LLC's website, checked October 28, 2026: 1.25% a year on the first tier of assets managed; a $1,000,000 asset minimum.

### Where is David Foster based?

David Foster is based in Saint Louis, Missouri.

### What does David Foster specialize in?

David Foster's specialties include retirement planning and tax planning. David works with pre-retirees and retirees.

### What credentials does David Foster hold?

David Foster holds the CFP, RICP and CAP credentials.

### Is David Foster registered with the SEC?

Yes. David Foster is registered as an investment adviser representative in IL, MO and TX (CRD 5490194), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.

### How much does Gateway Wealth Management, LLC manage?

Gateway Wealth Management, LLC reports $48.2M across 149 accounts in assets under management.

### How do I contact David Foster?

Through David Foster's website, gatewaywealthstl.com.

## Sources

- XY Planning Network directory listing (https://www.xyplanningnetwork.com/find-an-advisor/david-foster-48028): XYPN members are fee-only
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 27, 2026
- The firm's website (https://gatewaywealthstl.com/): specialties, clients served, and fees, checked October 28, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.