Fostering Wealth with Dr. Foster

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Fostering Wealth with Dr. Foster

A licensed therapist, Dr. Foster uses applied behavioral analysis conjunct with psychotherapy to ass

The information on this page is not a substitute for professional care. The information provided here is designed to support, not replace, the relationship that exists between a patient/site visitor and his/her existing doctor. A licensed relationship therapist, Dr. Foster uses applied behavioral analysis conjunct with psychotherapy to assess behavior & motivation in relationships. Certified in be

havioral analysis, she provides management consulting on the corporate level. Dr. Foster practices psychotherapy for individuals, couples, and families. Implementing cognitive-behavioral and psychoanalytic interpretation and interventions, Dr. Foster offers assessment and diagnosis of disorders and delivers a holistic approach to the doctor/patient experience. Sharing the relationship values of the Gottman Institute, Dr. Foster helps patients build new communication patterns and understanding.

01/25/2023

Honored to have been invited to speak at the Justice HQ on the importance of de stigmatizing talking about mental health and how it impacts legal decision making within families.

09/05/2022

Labor Day is an annual celebration of the social and economic achievements of American workers. The holiday is rooted in the late nineteenth century, when labor activists pushed for a federal holiday to recognize the many contributions workers have made to America’s strength, prosperity, and well-being.

Today we honor the hard workers of America who have fought for fair labor practices in the past and continue to secure it.

08/31/2022

90% of American businesses are family-owned.

One main issue surrounding family owned businesses is boundaries and overlapping roles of family vs business. The way families communicate on a personal level may translate differently on the professional level, as well as the possible family dynamics crossing over into the workplace. Making it difficult to communicate as a functional unit.

The use of strategic planning, open communication and help from outside consultants is a key component for longevity, success, and generational wealth transfer.

08/29/2022

Generational bias influences the belief and values of money. Research suggests that there is a vulnerability to specific behavioral biases toward investing and attitudes toward money that varies by age.

The Silent Generation takes up around 84% of HNW family companies. This generation tends to stay on the side of familiarity.
Baby Boomers are 75% of HNW family companies and tend to have a reference point for their wealth and money decisions.
Generation X make up 64% of the HNW family companies. Gen X leans in to current issues and news. Their money decisions center around what is important to them and the world.
Millennials account for 54% of HNW family companies. Millennials make money decisions based on how information is presented to them. Their money decisions can be trend based or social circle compliant.

08/24/2022

"When we work to understand and identify on another's feelings, we find compromise. If you feel heard and validated, you are willing to give more."

Communication, trust, and understanding is a two-way street. Through romantic, family, and friend relationships these opportunities to be heard and to listen paves the way to compromise.

08/21/2022

There's that "B" word again....

What feelings does that word conjure up inside?

I want to help you change that feeling, especially if it's a negative one. Keeping communication open while establishing boundaries created trust and opportunity to give way to new experiences.

Open those doors. Contact me if you need a knock on one of your closed doors.

08/18/2022

In studio with Dr. Drew.

08/16/2022

I will never get tired of seeing a sunset over the ocean.

Today is National Relaxation Day. What's your favorite way to relax?

08/12/2022

Research has shown that 70% of high net worth families do not successfully transfer wealth beyond the 3rd generation?

To understand the role wealth plays in the development of a family system and the prevention of dysfunction it’s important to understand the factors that contribute to the problem.

I help you learn to foster wealth in your family, by teaching you the psychology of these family dynamics and by creating systems across generations that continue the legacy of not only your wealth but your family.

Looking to establish a legacy plan with considerations of the psychology of your family? Send me a DM and set a preliminary consultation to see if Fostering Wealth planning is the right fit for your family.

08/09/2022

I love working with individuals where the goal is to help people with mental health struggles. I help them find the confidence to tackle their anxiety around family relationships and find healthy ways to go forward.

08/07/2022

We all need a sense of belonging, love and companionship. Being together as a couple, family or friends secures a bond through trust, respect and acceptance.

07/14/2022

"There are different routes that can be taken toward building wealth, and the path won’t look the same for everyone."

#2022

07/04/2022

Wishing you a safe and happy 4th of July Holiday.

05/30/2022

those who served and lost their lives to their service so that we can remain free.

05/24/2022

Managing wealth for family business? If you aren’t applying behavioral analysis to the management of your client portfolios, you may be missing the subconscious family patterns contributing to the struggles in business growth and wealth transfer.

With the Fostering Wealth Behavioral legacy series, I will help you understand the keys to creating for sustainability and success.

📣 We start with understanding communication within the family business.

💰 Moving on to education by creating a successful family business environment.

🧰 And leaving with developing proper governance within the business, assisting with decision making and responsibilities.

Reach out today!

05/05/2022

Family businesses are good for the economy.

Family businesses account for 50 percent of the GDP, 60 percent of US employment, and 78 percent of new jobs created. 35% of family owned businesses are Fortune 500 companies.

With all that growth there is pros and cons to owning a family business. Making sure communication, expectations and understanding align is key to continuing the transfer of wealth through generations.

04/22/2022

Thank you for the kind words Blaine!

"I've had the pleasure of directing Dr. Foster on multiple true crime television shows involving heavy psychoanalytical components. In addition to being a pleasure to work with, her vast wealth of knowledge and her ability to convey complex academic analysis in relatable, 'real world' language never ceases to amaze me. Not only is she an impressive professional and an incredibly rare talent, she's also a pleasure to be around." - Blaine Pate

04/17/2022

Happy Easter to all who are celebrating this weekend. Wishing you peace from my family to yours.

Address

Malibu, CA

Website

http://drerinfoster.com/

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