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Executive Team

Scott W. Barnhart

Founder & Partner

Scott W. Barnhart, Ph.D., founder of American Economic Growth Fund, previously founded Barnhart Economic Services, LLC, a consulting firm specializing in EB-5 economic job creation studies, TEA (Targeted Employment Area) designations, EB-5 business plan writing as well as litigation support services. Dr. Barnhart received his Ph.D. in economics/econometrics from Texas A&M University and is an Associate Professor of Finance and the Program Director of the Certified Financial Planner™ Program at Florida Atlantic University in Boca Raton, FL.

Dr. Barnhart's experience includes over 150 regional center projects that have recieved approval through the USCIS in the EB-5 program, ranging from $10-$15 million hotels and assisted living facilities to $200-$500 million destination hotels and office buildings and up to a $1.3 billion deep water cargo port off the coast of Louisiana. Professor Barnhart is also an active speaker in the national EB-5 circuit, having discussed various topics and issues in seminars across the US. In addition, Dr. Barnhart has consulted on legal cases ranging from stock valuation and ownership disputes to violations of the Fair Labor Standards Act.

Dr. Barnhart teaches Corporate Finance, Financial Institutions and Investments. His research interests are in the areas of mutual funds, futures markets, corporate governance, exchange rates and the application of econometrics in testing financial theories. His research has been published in the Journal of Financial and Quantitative Analysis, Harvard University’s Review of Economics and Statistics, the Journal of Empirical Finance, the Journal of Banking and Finance, Financial Review, the Journal of International Money and Finance, the Journal of Futures Markets, and other finance and economics journals.

Legal Advisory

Corporate Securities and Immigration Counsel

Daniel B. Lundy


Klasko Immigration Law Partners, LLP

Daniel B. Lundy is a Partner and a member of Klasko Immigration Law Partner's EB-5 practice. Mr. Lundy has successfully represented numerous immigrant investors in their EB-5 petitions and applications, including investors seeking permanent residence through investment in their own businesses and investors seeking permanent residence through investments into USCIS approved Regional Centers.

Mr. Lundy also represents developers and others who seek to use foreign investment funds under the EB-5 program to fund their projects, either through the formation of a Regional Center or by joining with an existing Regional Center. Mr. Lundy works with various securities lawyers, economists, business plan writers and other professionals in the preparation and filing of Regional Center designation and Regional Center amendment applications. Mr. Lundy is experienced in reviewing Regional Center and project business plans, economic reports, securities offering documents, and corporate documents for compliance with the EB-5 program requirements, and in consulting and advising clients on the specific immigration requirements of the EB-5 program. For the last two years, he has been named as one of the top 25 immigration lawyers in the country by EB5 Investors magazine.

Mr. Lundy is admitted to the bar in the State of New York, the U.S. Courts of Appeals for the First, Second, Third, Fourth, Fifth, Seventh and Eleventh Circuits, and the U.S. District Courts for the Southern and Eastern Districts of New York.

Mr. Lundy is a graduate of Hunter College (B.A., 2000) and Fordham University School of Law (J.D. 2006). He is a member of the New York County Lawyer’s Association and American Immigration Lawyers Association (AILA).

Bruce Rosetto


Greenberg Traurig

Ronald R. Fieldstone is a partner in the Miami office of Arnstein & Lehr LLP, specializing in corporate/securities and taxation law.

Bruce C. Rosetto represents private and public companies, private equity funds, and investment banks. He has extensive experience in public company securities work, private placement financings, corporate governance, and alternate assets. 


His practice focuses on entrepreneurs and small to middle market public companies throughout the United States in a variety of industries, including life sciences, bio-tech, banking, real estate, environmental, manufacturing, technology, entertainment and many others.


He also forms private equity funds and family offices and represents affiliated portfolio companies. In addition, he also advises clients in connection with raising capital for and establishing regional centers to administer, projects qualifying for investment under the EB-5 Entrepreneur Investment Visa Program.



General corporate transactional work

Debt and equity financings

EB-5 corporation and securities transactions

Corporate finance

Mergers and acquisitions

Corporate governance


Investment banking

Broker/Dealer regulation

Intellectual property and licensing

Cross border transactions

Real estate transactions

Real estate finance

Ronald R. Fieldstone


Saul Ewing Arnstein & Lehr, LLP

Ronald R. Fieldstone is a partner in the Miami office of Arnstein & Lehr LLP and focuses on corporate/securities and taxation law.

Mr. Fieldstone has published numerous articles and has been a lecturer in the fields of real estate, corporate/securities, tax law, and franchise law for the past 40 years. He currently practices primarily in the areas of corporate/securities and taxation law. He graduated from the Wharton School, University of Pennsylvania in 1971 (magna cum laude) and received joint MBA/JD degrees from Wharton School and University of Pennsylvania Law School in 1974.

Since 2009, he has actively been serving as corporate/securities counsel for multifaceted industries involving EB-5 immigrant visa investor offerings. Mr. Fieldstone represents both developers and regional centers in EB-5 matters, currently more than 300 EB-5 projects with combined capital raise of nearly $6 billion. His corporate/securities work includes the preparation of private placement memoranda and related documents. Mr. Fieldstone frequently lectures and publishes about the subject of EB-5 corporate/securities for numerous government sponsored organizations, industry groups and professional associations. He recently served as a member of the IIUSA Best Practices Committee and now is a member of IIUSA’s Compliance Committee.

Mr. Fieldstone was a principal in a Blockbuster Video franchise that operated 25 stores in eight states from 1987 until October, 1995. He is a principal of a multi-state lithotripsy company and was also a principal of Barnie’s Coffee and Tea, Inc., the owner of the Barnie’s operating system with approximately 80 corporate units and 20 franchised units from 2001 until 2004. Mr. Fieldstone was a managing partner of Landmark Residential from 1999 until 2008, which served as the sponsor and manager of approximately 20,000 multi-family units in the states of Florida, Alabama, Georgia, Texas, and North Carolina that were liquidated over a period of 12 years for in excess of $1 billion.

3rd Party Escrow & Fund Administration

NES Financial

NES Financial solutions meet the challenges of today’s constantly changing markets, shifting regulatory requirements, and increasingly complex operational ecosystems. The company brings together specialized sector expertise, proprietary technology, and a group of financial administration professionals to tailor innovative solutions for clients. NES Financial has repeatedly been named one of the fastest growing companies in the U.S., and clients include many of the world’s largest corporations, commercial real estate owners, developers, and major financial institutions.

In today’s financial environment, the scale of fraud and abuse has reached levels never before seen. Simultaneously, regulatory non-compliance has resulted in some of the largest corporate fines in history. NES Financial believes that customers deserve a higher level of funds security, that financial processes and transactions should be more transparent, and complying with state and federal regulatory reporting requirements should be done automatically and efficiently.

NES Financial has developed proprietary technology, created rigorous business practices, and brought together industry-leading expertise and administrative capabilities. We then subject all we do to external scrutiny and audits to ensure that we deliver to the highest standard. As a result, through NES Financial, transactions can be executed more efficiently, with better precision, and considerably less risk of error or malfeasance.

The EB-5 immigrant investor program is a rapidly growing source of foreign investment in the United States with the specific objective of domestic job creation. Administered by the United States Citizenship and Immigration Services, the EB-5 program was created by the Immigration Act of 1990 and has been steadily growing on an annual basis. Today the EB-5 program is a mainstream source of investment capital and is utilized by major developers, hoteliers, and state government entities.

Like many emerging capital sectors, EB-5 lacked specific financial controls and external oversight. The sector also carries an increased administrative requirement of having to specifically track investors’ funds throughout the complete funding, development, and settlement life cycle. Allocations of funds must ultimately be tied to specific analysis and substantiation of job creation for a successful outcome and immigration to the US for each investor.

NES Financial has been in the EB-5 market sector for years and is clearly at the forefront of industry best practices, funds security, and process administration. From escrowing investor assets in the subscription phase, comprehensive tracking of funds throughout the project life cycle, to generating documented audit trails required to complete the immigration process, NES Financial delivers end-to-end solutions for the sector.

In 2013, when the high profile Chicago Convention Center project was shut down by the SEC for alleged illegal marketing, the associated $150 million of investor funds were administered by NES Financial in individual escrow accounts with a major U.S. Financial institution. The escrow and segregation of assets allowed for a quick and complete return of all investment capital back to each of the immigrant candidates, thus avoiding a black eye for the EB-5 program and losses for individual investors.

Within EB-5, NES Financial is the clear market leader, delivering unmatched expertise, and is the benchmark for funds security, fund administration, workflow automation, reporting, and audit trails. Our knowledge, expertise, proprietary technology, and administrative operation protect the interests of immigrants, Regional Centers, and developers alike.

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