Banking & Financial Services

Lockton’s London team honored

 LONDON -- Lockton's Asset Management team in London has been named "Best Insurance Broker" for the second consecutive year. The team was honored by HFM Week, a global hedge fund publication, with the top award at the 2016 European Hedge Fund… more

New tool set to finance energy-efficient upgrades

Homeowners in Jackson County will soon be eligible for long-term financing of energy-efficient upgrades to their homes through a unique public-private partnership.Renovate America, the leading provider of residential Property Assessed Clean Energy (PACE) financing in the U.S., and the Missouri… more

Lockton Tabs Glenn Spencer as Next CEO

Lockton, the world's largest privately held independent  insurance brokerage, announced this morning that Glenn Spencer would become president and chief executive officer next May, when John Lumelleau retires. Lumelleau has been at he helm during much of Lockton's rise from… more

In the Dodd-Frank Aftermath

FIVE YEARS AFTER THE MASSIVE REGULATORY BOMB DROPPED on nation’s banking system, the true impacts are tarting to emerge—and not necessarily in ways that the reformers had promised. by Dennis Boone   July 21, 2010, represents a watershed day in… more

Spending Bill May Contain Some Tax-Break Gems

Savings possible for individuals, businesses. When President Obama signed a $1.1 trillion funding bill in December, it ensured that operations of the federal government would run until Sept. 30 of this year. While the budget hawks decried certain aspects of… more

Japanese Firm Buying Canadian Bank’s Stake in American Century

Kansas City's American Century Investments announced this morning that a 41 percent share in the company, now held by Canadian Imperial Bank of Commerce, is being acquired by Japan's Nomura Holdings, a financial-services company, for roughly $1 billion. Assuming the deal passes muster… more

Bank of Kanas City Parent Buying Missouri Bank & Trust Co.

In a union of Top 25 banks in the Kansas City market, MBT Bancshares, parent company of Kansas City's Missouri Bank & Trust Co., is being acquired by BOK Financial for $102.5 million in cash, the Tulsa-based bank announced today. Grant Burcham, CEO of Missouri… more

Two Area Accounting Firms Unite With Merger

Two area accounting firms--St. Joseph-based CliftonLarsonAllen and Gottlieb, Flekier & Co. of Overland Park--announced today that they had joined forces, effective Dec. 1. The deal gives CliftonLarsonAllen an office in Kansas, where Jerry Gottlieb, Steve Flekier, and Danielle Bordman will… more

MarksNelson Acquires Marsh & Co.

One of the biggest accounting and consulting firms headquartered in the Kansas City area is getting bigger: MarksNelson this morning announced its second acquisition of 2015, with Overland Park-based Marsh & Co. being absorbed effective Jan. 1. "This acquisition is right… more

Financial Engines Buys Mutual Fund Store for $560 Million

Financial Engines, a California-based independent investment advisory firm, has agreed to pay $560 million in cash and stock to acquire The Mutual Fund Store, the Overland Park firm founded in 1996 by Adam Bold. The Mutual Fund Store, which sold majority… more