The expansion plans at Foundation Financial Group continue on pace as its founder steps back from the chief executive role and moves more into a strategy and planning position.
Paul V. Scott remains with the Jacksonville, Fla.-based company as its chairman, while executive vice president Mark W. Boyer has been promoted to CEO.
Scott said in a statement 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, Boyer said the company's new Rochester, N.Y., office is moving along for 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 job slots in its six offices, which besides Jacksonville and Rochester, include Atlanta, Charlotte, N.C., Raleigh, N.C., and Savannah, Ga.
Foundation has seen an increase in its volume of 14% for 2010 over 2009 and Boyer said so far in January, the pace has been at a 40% increase over the previous year.
