Matt Foster has joined Franklin Templeton in a newly created role.
According to the firm, Foster will be joining as a National Retirement Consultant reporting to Yaqub Ahmed, Head of Investment-Only–US (DC & Insurance/Sub-Advisory), and working closely with Ahmed’s leadership team, including Drew Carrington, Head of Institutional Defined Contribution, Jacob Armstrong, Head of Insurance and Subadvisory, Jason Colarossi, National Retirement Strategist Defined Contribution Division-US, and Kevin Murphy, Head of Strategic Accounts Defined Contribution Investment Only Division-US.
Foster will be responsible for sales and retention of Franklin Templeton Defined Contribution and Workplace investment solutions through third-party retirement plan providers, mid-market retirement advisors and consultants with various distribution partners in the US Defined Contribution space.
This newly created position is a hybrid role with primary responsibilities including national coverage of home office relationships of DC advisory/consulting firms, outsourced fiduciaries and DC recordkeepers. Additionally, this position will be responsible for coverage as the primary DC liaison for a specific focus list of DC specialist advisors and consultants in a defined region.
Foster will work closely with the DC team – both institutional and advisor-sold – to implement the DC strategy within both market segments. In particular, he will split time between home office meetings and regular territory travel, with the main purpose of articulating the firm’s vision in the DC space and ultimately drive new business development.
Foster, a 20+ year veteran of the financial services industry, has held various positions in retirement marketing and sales. Foster holds a BBA from Baylor University, holds the Series 6, 7, 26, 63, 66 and 79, as well as the Chartered Retirement Plan Specialist (CRPS) designation.
