May 9, 2024

Wealth Management - Investment Sounding Board

Where are you advising clients to invest while still remaining cautious?

Florida Trend posed this question to 11 financial advisors - here are their answers.

L. Scott Merritt
Senior vice president/investment director of Florida PNC Wealth Management - Sarasota

L. Scott Merrit
"Our preference is high-quality, dividend-focused, large-cap stocks. We prefer those with a blend of a good income stream and a propensity to increase their dividend and those that have positioned themselves to be part of growing economies, such as multinationals. We are suggesting clients look at REITs. We also have an allocation for emerging markets."



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