The Wilkes University Family Business Alliance will hold an economic summit featuring Wilmington Trust Investment Advisors President Sam Fraundorf on Wednesday, April 23. Fraundorf will discuss the firm’s Capital Markets Forecast 2014-2020, “The Fed Steps Back, America Steps Up.” The summit will begin at 6 p.m. in the Henry Student Center Ballroom on the University’s campus. A light wine and cheese reception and registration will be held prior to the event at 5:30.
The forecast considers the likely effects of reductions in “easy money” policies long-maintained by the Federal Reserve. It will also discuss the probable courses of American manufacturing and employment. Wilmington Trust expects a rebound in U.S. economic activity and solid inflation-adjusted returns from stocks over the coming seven years.
As president of Wilmington Trust, Fraundorf oversees the firm’s investment business and plays a key role in the development of new business strategies. He also serves as chairman of the Investment Strategy Team, which has responsibility for determining strategic and tactical asset allocation, approving non-affiliated investment managers and developing innovative investment solutions to help clients support sustainable spending and preserve wealth.
Prior to joining Wilmington Trust in 2004, Fraundorf was director of alternative assets for big four accounting firm KPMG Tax & Legal Services and was responsible for manager due diligence, finance and operational duties for a Fortune 50 Company’s pension and healthcare plans. He also served as the financial officer for the asset management group of a top 100 bank.
He received a master’s degree in finance from Georgia State University and a bachelor’s in finance and accounting from the University of Idaho. He sits on the investment and finance committees for several non-profits, including the Atlanta Botanical Garden and the Cathedral of Christ the King.
The Wilkes University Family Business Alliance was developed by regional business owners and is a member-driven organization that aims to enable local family businesses to maintain and grow a profitable business and successfully transfer management and ownership to the next generation. The alliance provides its members with executive educational programs, enhanced networking opportunities with fellow family business owners, a forum to discuss common issues and concerns, and exposure to nationally recognized experts to ensure that the businesses’ needs are constantly identified and addressed.
For more information about the Family Business Alliance and its events, please contact Lanie Jordan at firstname.lastname@example.org or call at (570) 408-2120 for more information.