The expansion plans at Foundation Financial Group continue on pace as its founder steps back from the chief executive role and moves into a strategy and planning position.
Paul V. Scott remains with the Jacksonville, Fla., company as its chairman, while Executive Vice President Mark W. Boyer has been promoted to CEO.
Scott said in a press release Friday that Foundation, through affiliated companies, started offering additional financial services products, including insurance, wealth management and tax services, at the start of this month.
In an interview Monday, Boyer said Foundation's new Rochester, N.Y., office is moving along with its scheduled opening on Jan. 31. The company is now working on opening regional sales centers in Illinois and Texas.
Foundation is looking to add employees at all levels, he said, from entry level positions through management. It is looking to fill 270 jobs in its six offices, which besides Jacksonville and Rochester, include Atlanta, Charlotte, N.C., Raleigh, N.C., and Savannah, Ga.
Foundation had a 14% increase in its volume in 2010 over 2009. Boyer said so far in January the pace has been at a 40% increase over the previous year.
