Hein said it is common for investors and business owners to find making fundamental tax and estate planning issues decisions challenging, since there are so many question marks.
“We work with many business owners and entrepreneurs, and a universal comment I hear from them is that they have adopted a ‘wait and see’ attitude in terms of their corporate (and often personal) investing, meaning that a lot of money has been on the sidelines, reducing the growth potential of our economy,” said Hein. “Investors are sitting on a lot of cash, earning negative real returns, with cash at 0% and inflation around 2%. Investors, whether private clients or business owners, just want to know what the playing field is. It might not be a good playing field, but at least if they knew what it was, at they would have some clarity they can make decisions.”
Hein’s professional credentials include Chartered Financial Analyst (CFA), Certificate in Investment Performance Measurement (CIPM) and CERTIFIED FINANCIAL PLANNER (TM). Applying his experience in European studies and international economics, he regularly advises clients on investing in foreign markets.
“It makes sense to explore frontier markets as the typical emerging market stock fund only concentrates on a limited list of countries like China, India, and Brazil,” said Hein. “Frontier markets have more exposure to Africa, Southeast Asia, and the Middle East. They also include countries like Argentina, Romania, Estonia and Slovenia. Investors seeking high, long term returns and low correlations with other markets, typically pursue frontier markets.”
Hein’s commentary on other wealth management issues will be published in the Daily Business Review’s special report November 5.
About PRS Investment Advisory
PRS Investment Advisory is a boutique Registered Investment Advisor (RIA) and fully-owned subsidiary of EFG International, a preeminent global private banking and investment management firm based in Zurich, Switzerland. PRS is headquartered in the heart of Miami's financial district where we strive to deliver stability and unparalleled service to individuals seeking to optimize returns through customized, unbiased financial advice and comprehensive family office solutions. Through EFG International’