May 8, 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.

Charles A. Vilar
Wealth management adviser/vice president - BB&T Wealth Management - Miami

Charles A. Vilar
"We're recommending our clients stay in domestic equities rather than international stocks. We like high-dividend stocks such as the big pharmaceuticals or blue chips such as IBM or Exxon, which are well-capitalized. There is lot of money on sidelines in money markets and CDs because investors want to stay safe rather than earn interest. We're advising against that. We would rather see someone in corporate and tax-free municipal bonds."



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