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WEALTH MANAGEMENT

Lennard van der Feltz Founding partner

Pinnacle Financial Advisors teampinnacle.net

BACKGROUND: With experience in domestic and global business, van der Feltz is known for blending his business and finance acumen with a fervent interest in technology and the supporting role it plays in helping clients achieve their financial goals. TREND TO WATCH: “Next year is an election year which may portend a change in administration that would likely result in a reversal of recent de-regulation and income tax trends. With our nation almost evenly split politically and many government policies implemented by executive order, we may see ourselves flip-flopping over the long term between more socialist-friendly and more capitalist-friendly policies. What money choices to make in the face of such uncertainty is driving more and more people to develop a financial plan.” ADVICE FOR 2020: “The saw-tooth pattern we’ve seen in the stock market this year is typical of a late-cycle environment where uncertainty surrounding policy and mixed messages about the economic expansion’s sustainability cause stock and bond market sentiment to swing strongly between pessimism and optimism. We recommend developing an investment strategy based on your financial plan and on how one expects the economy and market to play out over the next 6-18 months, adjusting course if the preponderance of the data indicates that it is necessary.”

Industry trends to watch THERESA E. CHACOPULOS, senior vice president and private wealth advisor, Morgan Stanley Private Wealth Management: “With the new generation of investors, it’s time to think

differently about advice and bring new expectations to the industry. You need to seek new ways to engage with new clients, manage client relationships and manage risk.” SCOTT PORTER, partner and executive vice president of wealth management, Bennett & Porter: “Achieving true portfolio

diversification for our clients begins with understanding the latest technology and investment funds, such as blockchain and cryptocurrency. The need for good advice will continue to increase and be valuable for those looking to plan for a secure retirement.”

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AB | November-December 2019

Profile for AZ Big Media

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