David Edwards - President and Wealth Advisor
David Edwards is president and founder of Heron Wealth, which provides financial planning, investment advice and estate planning services to individuals and families across the United States and in Europe.
David graduated from Hamilton College with a concentration in History and Mathematics, and holds an MBA in General Management from Darden Graduate School of Business at the University of Virginia.
David contributed over 100 columns to TheStreet.com. He is quoted frequently in the press. David is a member of the Investment Adviser Association serving on the Legislation and Technology committees, and is an advisory board member for eMoney.
Prior to founding Heron Wealth, he was associated with Morgan Stanley, JP Morgan and Nomura Securities developing investment products and quantitative trading models.
David competes in sailing regattas from New England to the Caribbean and coaches a home town team in New York Harbor.
Direct: 347 580-5281
Q&A with David Edwards
Question: To find the price-earnings ratio of a stock, I divide the current stock price with the last four quarters of earnings. If the current list price is higher than the number I get when I calculate the P/E ratio, what does that mean? Is the stock overvalued?
Question: My mother passed away a few weeks ago. She left five heirs who want to assure that their inheritance is not going to be subject to market risk before it is distributed. I told her advisor to liquidate most of her portfolio but he said the brokerage firm has frozen the account. What can be done?
Question: My mom recently passed away. She left myself and my siblings equal distributions from her brokerage accounts. Her financial advisor wants each of us to provide a detailed accounting of our current, personal investment accounts. He cites the need to comply with the Patriot Act. Does the Patriot Act require this?
Question: I am a stay at home mom. Me and my husband have six children. My husband has a great job. However, I would like to generate some income without having to work outside the home. I have been learning about trading, I want to invest in the stock market. What is the best place to start?
Question: I am 54-years-old and plan on retiring at the age of 56 from a Federal Government position. I currently have approximately 25% of my total assets in aggressive non-IRA mutual funds. Since I have over half of my total assets in higher risk investments and stocks are at an all-time high currently, should I re-balance my accounts?
Question: I am less than three years away from retirement and have 80% of my stock portfolio in a particular stock which has grown about 30% in the last two years. My mortgage is at 4.4% and my 401(k) is about 1/3 of my total assets (the other 2/3 being stock). I am single with a salary between $100,000 and $150,000. I was thinking of paying off my mortgage by selling about a quarter of that particular stock which would include the capital gains and fees. Is it wise to sell stock at this time to payoff the mortgage?