Lynchburg Reporter

Wednesdays@One is a webinar series that provides a virtual gathering place for businesses. Our updates will bring you the latest information regarding what is being done to support you and the region.

The Federal Reserve raised its target federal funds rate by 0.75 percentage points, the largest increase in nearly three decades, at the end of its two-day meeting on June 15 in an effort to quell runaway inflation. 

Inflation doesn't affect everything the same way.

Join other business leaders and members as we learn what this rate hike means for us and hear key updates on the impacts of inflation on business, the overall economy and everyday citizens.

 

Speaker: Rob Norfleet,  SunTrust, now Truist 

Rob Norfleet is an Investment Advisor within the Foundations and Endowments Specialty Practice at SunTrust Bank. SunTrust’s Foundations and Endowments Specialty Practice delivers comprehensive investment  advisory, administration, planned giving, custody, trust and fiduciary services to nonprofit organizations. The firm administers assets for foundations, hospitals, educational institutions, cultural organizations,  human service agencies, associations, municipalities and other nonprofits.

As an Investment Advisor, Rob advises on the development and implementation of investment strategies to help clients meet their short- and long-term goals. He follows a disciplined process of assessing an organization’s financial situation, determining risk tolerance, forming and executing an appropriate investment strategy, and regular portfolio rebalancing and reporting in order to obtain measurable results.

In his 23 years of investing experience, Rob has held senior “sell side” equity analyst positions at Alembic Global Advisors, BB&T Capital Markets and Davenport & Company. Rob also worked for two multi-strategy hedge funds. In his previous roles, Rob has participated in numerous Capital Markets engagements including public and private equity and debt offerings, M&A transactions and aiding in fairness opinions.

Original source can be found here.