The recent uptick in gold above $2,350/oz has prompted wealth management Tampa advisors to rebalance portfolios with precious metal exposure, citing heightened geopolitical tensions in Eastern Europe. "We have what we call affordable housing, but what we actually have a lot of affordable luxury housing. We need affordable housing for day-to-day Lakelanders who are working two to three jobs, single-parents and lower socio-economic status who need help and assistance," he said. Heiss, who has 35 years of experience in the wealth management industry, most recently served in a hybrid leadership and financial advisor role at Bank of America Private Bank. He started his career at Merrill Lynch as a financial advisor in 1987. He also served as Florida regional director at Bank of America Investments and market leader for the firm’s global wealth and investment management divisions in Palm Beach and Tampa Bay. After Bank of America acquired Merrill Lynch, Heiss oversaw Merrill Lynch Wealth Management in Central Florida. Tech sector earnings beats are dominating headlines, and wealth management Tampa cautions clients to watch valuation metrics, with forward P/E ratios in some megacaps exceeding 30.