Jim and Troy Forman started Forman Investment Services in 1999 in Columbus, Indiana, with a focus on Investment Management. They partnered with Raymond James Financial Services on day one — bringing a small, regional feel to the business and allowing Forman Investment Services to work with clients how they prefer. For the first three months, Jim and Troy didn’t take an income, and worked diligently, transferring clients into the practice. The market experienced its first bear market the following year. While many left the industry, they endured, grew, and gained unbelievable perspective. In 2008, the market experienced its second bear market, and once again they endured.

In 2012, they made the decision to migrate from a lifestyle practice to a professional practice, realizing the significant investment of both time and money that would require. They chose to focus on financial planning and building a practice that was there to work with clients for their lifetime, not just their career. At the time they had three team members — Jim Forman, Troy Forman, and Ann Bradley, Client Services Specialist and Office Manager, RJFS.

Troy’s wife, Cindy Forman, Event and Marketing Coordinator, joined the firm the following year. She is also the utility infielder and is uber-organized and is great at completing projects.

In 2016, following the doubling of their office space, Forman Investment Services worked toward expanding their market from Columbus, Indiana to Indianapolis, Cincinnati, and Louisville. Their first move was into Indianapolis. Because of that, they added an existing branch that aligned with Raymond James in Noblesville, Indiana. Brian Reeves, CFP®, Wealth Manager, RJFS, is a full-time advisor and has two part-time assistants.

Forman views their practice like Noah’s Ark — they can only fit so many clients on the boat. While building their team, systems, and infrastructure, the client base and assets under management were growing rapidly. As Forman Investment Services grew, the boat filled, and they were left with two options: start throwing some of the clients off, or make the boat bigger. They decided to make the boat bigger.

In March of 2018, they added Morgan Windscheffel, Client Service Specialist and Office Assistant, a younger, next-generation team member in the Columbus branch.

2019 marks the 20th anniversary of Forman Investment Services. The firm has grown substantially over the last 20 years, and plans to keep going. Join Jim, Troy, and the entire team in celebrating their 20th year throughout 2019. Stay tuned for announcements of upcoming events and celebrations, to happen throughout the year.

About Forman Investment Services

If you are not familiar with us, Forman Investment Services is an independent practice located in Columbus, Indiana focusing on Family Wealth Management and generational planning. We serve clients not just locally, but across the country and globe. In today’s day and age, especially after experiencing COVID, we are very comfortable communicating from any distance whether it be in person, a Zoom call, or by phone. We confidently adapt to our clients lives and unique relationship in the style of communication and complexity.

Our planning encompasses much more than choosing investments, as we must consider tax/estate planning, education funding, insurance, retirement planning, and so much more. We work with a select group of clients who value time, family, and recreation, and need today’s investment, tax, and estate planning complexities coordinated for them. We also provide one-time plans to those that are not in need of an ongoing advisor relationship yet to help get you on the right track.

Reach out to us for an introduction if you are interested in learning more!

Any opinions are those of Forman Investment Services and not necessarily those of Raymond James. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional. Prior to making an investment decision, please consult with your financial advisor about your individual situation.

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Published On: February 10th, 2019Categories: Uncategorized