Heron In The News
Stay in touch with Heron Wealth by viewing our Recent interviews
With so much uncertainty and negativity pervading our lives, it’s helpful to imagine a future where we witness positive effects of the crisis on the RIA industry.
Many RIAs will naturally find a new equilibrium, one that is based on what was learned from the experiences of the crisis, with these changes remaining in place well into the future—an absolute positive for the industry.
David Edwards, President of Heron Wealth, (https://heronwealth.com/) New York City Financial Advisors and NYC Financial Planning, speaks, discusses current events, answers questions and shares insights regarding Financial Planning in New York during the Coronavirus pandemic and moving from in-person office culture to working online from home.
For the third year in a row, Heron Wealth was selected by Expertise.com as one of the 15 best financial advisors out of 1,944 New York City financial planners, wealth managers and investment advisers.
David Edwards appears with Liz Clayman of Fox Business News Tuesday, March 10, 2020, to discuss whether Monday marked a "selling climax" and what Heron Wealth is doing for clients right now.
Liz Claman, of Fox News Business, interviews David Edwards, President of Heron Wealth, to discuss the outlook for Federal policy, the US economy, and company earnings in 2020.
Completion is increasing for consumers’ attention. Here’s what advisors can do.
See what David Edwards, President and Wealth Advisor of New York-based Heron Wealth, suggests to do.
Stifling debt is keeping many American workers from saving for retirement. But it’s still possible to meet both obligations, personal finance experts say..
See what David Edwards, president of Heron Wealth in New York, encourages people to contribute to their retirement plan each month, even if they have debt.
Invest with your heart with these best SRI mutual funds.
The socially responsible investing category is exploding, driven by investors' desire to invest with their values. These funds are often categorized under ESG, which stands for environmental, social and corporate governance. David Edwards, the founder of Heron Wealth, says: "This is not an easy concept to navigate, as many fund companies just slap an ESG label on an existing fund and shove it out the door."
"Our industry, wealth management, is undergoing an unprecedented time of transition," said David Edwards, president and founder, Heron Wealth. "Clients demand ever more services, delivered according to their schedules, not ours, and want to be secure in knowing that they are receiving the best possible advice at all times. We are thrilled to be recognized among the firms that are taking charge in this new reality."
Journalist Jeffrey Steele of the Chicago Tribune Retirement Newsletter examines many retirees' fear of spending their savings in retirement. Graveyards are filled with people who never got around to spending their hard-earned retirement funds, so anxious are they of going through their nest eggs.
Why is this problem so pervasive among devoted savers?
In "The Fuse Show," co-hosts Co-hosts Ryan Donovan and George Svagera of Orion Advisor Technology, discuss the trends and headlines in the fintech industry and offer new insights for financial advisors looking to innovate beyond traditional ways of doing business, disrupt the status quo and win more business.
In this episode , David Edwards describes how Heron Wealth uses technology to deliver the high touch-high engagement that modern families demand of their advisors. Edwards explains that technology does not replace the advisor but rather, enables the “bionic advisor.”
Longevity risk, the possibility of outliving one's money is the scariest retirement income risk. But fear of volatility causes many investors to shy away from equities and growth investments, says David Edwards, president at Heron Wealth in New York. Edward's bucket strategy apportions 60% to stocks and commodities, 30% to government and corporate bonds and 10% to short-term cash securities
Isaiah Green recently stopped by the office of Heron Wealth in mid-town Manhattan. Here are his impressions:
I swapped my airline boarding pass for a MetroCard as I met with RIAs on my own turf to discuss new hires, fintech solutions and handling whatever the market throws at you.
To start my day, I headed no further than a few floors above Citywire’s humble abode, to the office of Shikiar Asset Management, where I met with managing director Samuel Shikiar.
For my next meeting, I hopped on the seven train to the east side of Manhattan to sit down with David Edwards, founder and president, and Chris Jennings, wealth advisor at Heron Wealth.
Edwards, Jennings and their team work out of a sleek, modern WeWork in the heart of New York with spectacular views of the growing skyline and the East River.
Legal sex worker Alice Little tells ThinkAdvisor how she invests her earnings and teaches her colleagues about business management.
Lady of the evening Alice Little is bringing new value to the world’s oldest profession. It’s all part of the 20-something’s ambitious “Million-Dollar Sex Work Business Plan.”
Edwards firmly believes that Fidelity Clearing & Custody Solutions is the only custodian that can handle his business.
‘We chose to take what we call a best-of-breed approach, where we take the best custodian, the best customer relationship management system, the best financial planning tool and the best reporting tool,’ Edwards said. ‘We aggressively evaluate all of our vendors every three years and swap them out if they’re not keeping up.’
Our firm Heron Wealth is well known for successfully leveraging technology to maintain high levels of client service. This recent piece by Redtail Technology, which provides two of our most important systems, will give you a "behind the scenes" view of a fast growing wealth advisory practice.
Heron was previously featured by eMoney for utilization of financial planning platform, Smarsh for Social Media archiving and Financial Planning magazine for leading the advisor industry on cybersecurity protections for clients.
Smaller advisers have the challenge of doing more with less. All the same rules apply, but these advisers have only so much bandwidth.
Golf Digest hired James Yang to do illustrations at Augusta National during last year’s Masters, part of Golf Digest’s annual First Impressions series by artists, photographers and writers.
One of the biggest cultural touchstones so far in 2019 has been the Netflix reality show "Tidying Up with Marie Kondo."
It stars Japanese organizing consultant Marie Kondo as she helps families clean up their homes using her KonMari method. Ms. Kondo goes through every item one-by-one to decide which items really "spark joy." If it doesn't spark joy, it has to go.
David Edwards joined a panel discussion “Technology Solutions for Investment Management” this past Thursday February 7th at the IC Summit for RIAs in New York City. Heron Wealth is recognized for leading the wealth advisory profession in adopting technology to enhance the client experience.
All students, even those from affluent families, should submit an application.
This week marks the start of the FAFSA (Free Application for Federal Student Aid) race, which ends June 30th.
Our colleagues, wealth advisors Samantha Gorelick, CFP® and Elizabeth Caputo visited with NYC-based travel company Indagare this week, to answer questions from their team on anything money-related. Read on for some of the bullet points that Samantha and Elizabeth recommended.
Sixty-six million years ago, an asteroid the size of Manhattan struck Mexico’s Yucatan Peninsula. The impact blasted open a crater 110 miles wide, triggered a tsunami with 500-foot waves and shrouded the planet in dense clouds of acid rain.
Sneak peek: our president David Edwards looking like a pro! Being interviewed at AssetTV in NYC
Some people can't wait to stop working and spend their days golfing, socializing and playing cards. Working after retirement is the farthest thing from their mind. But for others, the jump from being a productive part of society to suddenly having no challenges isn't quite what they expected.
Listen to David Edward's Interview with Stewart Alexander of Impact Makers Radio in which he discusses the glide path to retirement.
Failure has always intrigued me, largely because many people aren’t typically willing to open up about it, which makes it a mysterious topic. The goal of our question and answer series is to put failure front and center to help aspiring entrepreneurs get a bit of a back-stage pass to some of the most well-respected entrepreneurs in America.
Certain quirks of the human brain can cause us to make less-than-optimal financial decisions. In recent decades, the growing field of behavioral finance has sought to explain why we make the money choices we do.
A dearth of retirement savings is a big problem in the United States, according to a report published by the National Institute on Retirement Security (NIRS). The typical working American has no retirement savings. And those who do save, often don’t save enough.
Doctors often find themselves playing catch-up when it comes to retirement savings. Here are some tips to strengthen your retirement saving plan.