Banking & Financial Services
Q: How long was Creative Planning looking to buy BerganKDV and what made them stand out? A: We have been talking for over a year. What we are looking for in this acquisition is to broaden our talent base and…
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The only Kansas City entrant to appear on this year's Fortune 500 goes to Merriam-based Seaboard Corp (SEB). The company placed in the No. 364 spot on the list of rankings. Seaboard holds more than 12,000 employees and brings in…
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New data from the Federal Reserve Bank show a steep decline in business demand for commercial and industrial loans since interest rates began their sharp rise to combat inflation in the second quarter of 2022. The Fed’s survey of lending…
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Creative Planning, the Registered Investment Advisors (RIA) firm, announced its acquisition of BerganKDV on Monday. The acquisition will see BerganKDV become a new workforce designed around business-focused services called Creative Planning Business and will bring over 600 employees under the…
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The former president and CEO of the Federal Reserve Bank of Kansas City, Esther George appeared on the American Century Investments webinar to address her thoughts on inflation trends plaguing the economy. On Wednesday, George made her first public speaking…
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Stock prices for publicly traded banks in the Kansas City region show that most have leveled off from the sector-wide plunge induced by three major bank failures in the U.S. this year, but share prices overall remain sharply lower than…
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The Mid-American Business Conditions Index for May showed expanded growth for the nine-state region while providing a possible trend toward inflation. The survey, published by Creighton University, reported wholesale inflation gauge for the month climbed to 74.0 from April’s 67.4.…
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UMB Bank announced Thursday its newest plans to acquire Hybarger & Associates, a consulting firm that provides outsourced finance support to community banks. According to Steve Kitts, executive vice president and executive director of middle markets sales for UMB Bank,…
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Three Kansas City-based law firms have earned spots on American Lawyer’s prestigious Am Law 100 ranking of the largest firms in the U.S., based on 2022 revenues—Polsinelli, Husch Blackwell, and Shook, Hardy & Bacon. Three more firms based here—Stinson LLP,…
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Creighton University released its Rural Mainstreet Index report for May indicating overall growth for the Midwest region while varying in different sectors for Kansas and Missouri. The survey's 10-state region overall reading for May climbed to 55.8 from April’s 50.1.…
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