D. Scott Foret
Chief Operating Officer / Chief Compliance Officer
Scott began his career with MetLife in Detroit as an actuarial analyst supporting General Motors and translated those skills to Hewitt Associates (now AON/Hewitt) where he served as a manager/director of outsourced benefits delivery to several Fortune 100 corporations, leading teams upwards of 80 people. Scott brought his operational skills, compliance mindset, and employee leadership into the financial industry as the Chief Operating Officer (COO) and Chief Compliance Officer (CCO) of a nationally-recognized RIA in Birmingham, Michigan. In this capacity, Scott helped to enable the firm’s growth from $400 million to $1.6 billion in assets under advisement/management. He translated these same skills to a large, Ohio-based advisory firm, where he led the launch of a separate asset management RIA offering advisory services to over 250 advisors. In this capacity, he oversaw the development and implementation of new procedures and processes to maximize growth, scalability, and efficiencies. Scott utilizes his leadership and deep operational mindset to promote the growth of Blue Chip Partners as our Chief Operating Officer and Chief Compliance Officer. Scott holds a Series 65 license.
Scott earned a Bachelor of Science degree in Statistics from the University of Michigan and an MBA from the University of Otago in New Zealand, where he studied as a recipient of the Rotary Foundation Ambassadorial Scholarship. He currently resides in Beverly Hills, Michigan with his wife and their three children. A man of a thousand hobbies and avid outdoorsman, Scott focuses most of his free time playing tennis, finding his golf balls after errant tee shots, taking overexposed pictures, and moonlighting as a travel sport chauffeur for his children.
What is the most impactful place you have visited and why?
- New Zealand! A number of years ago, I had the privilege of living on the South Island. The people, the history, the flora and fauna, the night sky, … of the country were all amazing. The awe-inspiring natural beauty of the country reminds me that we live in an amazing world.
Do you have any skills or talents that most people don’t know about?
- I like to consider myself a pretty good fly-fisherman. At one point, I even worked in a fly-fishing store and received some casting lessons from a master fly-fisherman. Over the years of raising a family, I have introduced my children to spin fishing (visualize bobbers and worms from the bank!). Recently, I have since graduated my older son to steelhead and walleye trips.
Sitting alone in a big field under the stars, what are you thinking about?
- The vastness and magic of the universe and our place in it. Since I was a child, I have loved the night sky and the study of astronomy. To this day, I still encourage people to “look up!” to appreciate its beauty. I love to contemplate about how it was all created, what lies beyond our little marble on the edge of the Milky Way, and what God intended of us by being here in this place at this time in its history.