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March 3, 2025 59 mins

How will Trump’s policies shape the economy, business landscape, and your investments? 
In this episode of SmartPro Radio, Rick Godfrey II sit down with David Romhilt, Founding Partner and Chief Investment Officer of Summit Trail Advisors, to break it all down. From tariffs and international markets to business regulations and U.S. debt, we cover what investors and business owners need to know. Is the S&P’s strong run coming to an end? Should you have international investments? And what mistakes are investors making right now? Tune in for expert insights you won’t want to miss.

In this episode you will find: 

  • Trump’s Economic Policies – How they impact businesses, investors, and the overall economy.
  • Tariffs & Trade – What tariffs really mean, who they help, who they hurt, and why they’re used as political tools.
  • Market Trends & Investments – The S&P’s strong run, the role of international markets, and why diversification matters.
  • U.S. Debt & Interest Rates – Why rising debt and higher interest rates could shape the economy’s future.
  • Investor Mistakes – Common pitfalls in ETFs, mutual funds, and what smart investors should be asking fund managers.
  • China, India & Global Markets – How population growth, technology, and economic shifts are shaping the global playing field.


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💼 Rick Godfrey II's LinkedIn ⮕ linkedin.com/in/rick-godfrey-ii/
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Find Summit Trail Advisors:
🌐 Website ⮕ summittrail.com/

David Romhilt is a Founding Partner and Chief Investment Officer of Summit Trail Advisors. As Chief Investment Officer, David’s industry-recognized work on asset allocation and manager selection guides Summit Trail’s centralized advice team. Prior to founding Summit Trail, David was a Managing Director at Barclays Wealth. There he was Global Head of Alternatives, Head of Manager Due Diligence, and the Chief Investment Officer of Barclays Wealth Trustees, N.A. His responsibilities included Separate Account, Mutual Fund, Hedge Fund, and Private Equity manager due diligence. He served a similar role for Lehman Brothers and Lehman Brothers Trust Company, N.A. prior to Barclays’ acquisition of Lehman Brothers in September of 2008. He began his career at Cambridge Associates LLC focusing on performance reporting and manager selection for many well-known foundations and endowments. David is a CFA® Charterholder and a member of the New York Society of Security Analysts. He has a Bachelor of Arts in Economics & History from Wake Forest University.

Discussions in this show are for entertainment and educational purposes only and should not be construed as specific recommendations or investment advice.

Always consult with your investment professional before making important investment decisions.
Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker/dealer, member FINRA/SIPC.

Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SmartPro Financial / Bridgeway Wealth, LLC are not affiliated.

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