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.
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Labor Secretary Thomas Perez will announce the final version of the fiduciary rule, which will establish a fiduciary standard for advice delivered on retirement accounts, at the Center for American Progress, according to recent reports.
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David Edwards, founder and president of New York-based Heron Financial Group, has big ambitions for the company. The 53-year-old wants the firm to have $1 billion in assets under management by the time he retires in 12 years.
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While small-cap stocks show strong valuations, the large-cap stock sector has traded at a discount, making it attractive, according to James Swanson, chief investment strategist with MFS Investment Management.
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