The Common Good was proud to present a very important discussion with Byron Wien and Joseph Zidle of Blackstone’s Private Wealth Solutions. Two of Wall Street’s most respected investment advisors will sketch out the economic outlook for 2019 and projections regarding the volatile stock market amid rising risks stemming from tariffs, politics, Fed rates, and global turmoil. If you are concerned about your 401K, real estate or investment portfolio, or your business growth, listen up. They have some very strong and surprising predictions.
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Byron Wien is Vice Chairman of Private Wealth Solutions where he acts as a senior adviser to both the firm and its clients in analyzing economic, social and political trends to assess the direction of financial markets and thus help guide investment and strategic decisions. Wien is a distinguished advisor on investment decisions - named one of the most influential people on Wall Street by New York magazine, ranked the No. 1 strategist by SmartMoney.com, recognized on Smart Money Power 30 list of Wall Street’s most influential thinkers, and named by First Call as the most widely read analyst on Wall Street, Wien was Chief Investment Strategist for Pequot Capital and before that served for 21 years as Chief (later Senior) U.S. Investment Strategist at Morgan Stanley. In 1995, Wien co-authored a book with George Soros on the legendary investor’s life and philosophy, Soros on Soros — Staying Ahead of the Curve. The New York Society of Security Analysts (NYSSA) presented Wien with a lifetime achievement award in 2008. Wien received an AB with honors from Harvard College and an MBA with distinction from Harvard Business School
Joseph Zidle is a Managing Director and Chief Investment Strategist in the Private Wealth Solutions group. Previously, he worked at Richard Bernstein Advisors, an independent investment advisor, where he was responsible for portfolio strategy, asset allocation, investment management and marketing to major wirehouses and independent RIAs. Zidle previously spent nearly a decade at Bank of America Merrill Lynch, most recently serving as head of Investment Strategy for Global Wealth Management and Deputy Director of the Research Investment Committee, where he was responsible for creating and communicating global investment strategies to the firm’s private client division across all major investment disciplines. He holds a Bachelor of Arts degree in Economics and History from Emory University. From 1993-2001, he served as a specialist in military intelligence for the U.S. Army Reserves.