Banking & Financial Services

Lendmark Financial Adds Second Branch To Liberty

Posted September 28, 2023 Georgia-based Lendmark Finacial Services is adding another branch to Liberty, Missouri, making this the second branch for the company’s Kansas City footprint. The Liberty branch is located at 882 S. Missouri Route 291. Leading the new… more

Goldman Sachs Now Predicts Fed To Cut Interest Rate In Q4 2024

Posted September 21, 2023 Goldman Sachs economists now expect the U.S. Federal Reserve to begin cutting interest rates in the fourth quarter of 2024, compared to their previous prediction of second quarter cutting, following the Fed’s decision to keep rates… more

Region’s Economy Index Slows in September, Bankers Expect Conditions to Worsen

Posted September 21, 2023 Creighton University released its Rural Mainstreet Index (RMI) report for September showing for the first time since March of this year, the overall index sank below growth neutral. The region’s overall reading for September fell to… more

NBKC Bank’s Partnership Allows Customers to Donate to Preferred Charities

Posted September 21, 2023 NBKC Bank is partnering with the New York-based financial tech company Spiral, which will help customers donate to their favorite charities directly. Through this partnership, NBKC customers will be able to access Sprial’s Giving Center, according… more

Mariner Wealth Advisors Washington Acquisition Adds $300M In Assets

Posted September 13, 2023 Overland Park-based Mariner Wealth Advisors has acquired Kirkland, Wash.-based Klevens Capital Management, granting the company a larger footprint in the Pacific Northwest with $300 million in new assets to boot. Klevens Capital Management officially became a… more

American Century Begins Private Investing Services Following Acquisition

Posted September 11, 2023 Kansas City-based American Century Investments' acquisition with Portland, Oregon-based 3x5 Partners has been finalized and with it comes American Century’s entry into private markets. American Century announced in June that it would acquire 3x5 Partners as… more

J.M. Smucker To Acquired Hostess Brands For $5.6B

Posted September 11, 2023 J.M. Smucker Co. will acquire the baked goods distributor Hostess Brands Inc. in a deal worth approximately $5.6 billion the company said Monday. The $5.6 billion transaction roughly translates to $34.25 per share in cash and… more

PayIt Is Now The Statewide Vendor For Massachusetts Commonwealth

Posted August 31, 2023 Kansas City-based PayIt LLC announced Wednesday it will be adding its digital payment services to Massachusetts. PayIt specializes in software that allows residents to submit forms digitally to local, county and state governments. Massachusetts residents can… more

Survey: How Much Is The Living Wage for Missouri, Kansas

Posted August 31, 2023 A survey released Monday outlines how much individuals in each state need to earn as a comfortable living wage. Both Missouri and Kansas are among the top states with the lowest income necessities. The survey was… more

Creative Planning Adds Goldman Sachs Unit

Posted August 29, 2023 Creative Planning, the Kansas City region's biggest wealth-management firm, is getting bigger: The Overland Park firm has announced the acquisition of the Goldman Sachs Group's  Personal Financial Management unit. Neither the terms of the sale nor… more