Banking & Financial Services
Posted November 17, 2023 Overland Park-based Mariner Wealth Advisors announced it has acquired Boston-based Baystate Wealth Management, the merger will add $1.8 billion in assets under management to Mariner Wealth’s portfolio. The transaction officially closes on January 1, according to…
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Posted November 16, 2023 Academy Bank has officially moved into its new Kansas City headquarters location inside Copaken Brooks downtown office tower located at 1201 Walnut. The bank will operate on the 10th, 11th and 12th floors of the 29-story…
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Posted November 9, 2023 Overland Park-based QTS Data Centers announced it has acquired the Netherlands-based data center to further its operating capabilities in Europe. The transaction to acquire the Netherlands data center, Zentrys, was finalized on Oct. 31. The acquisition…
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Posted November 9, 2023 Saint Louis-based bank Midwest BankCentre has appointed a new market president for the Kansas City area in a move to expand its reach. Midwest BankCentre announced late last month that Kansas City banking veteran Trey Cunningham…
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Posted November 9, 2023 A new report on household debt from the Federal Reserve Bank of New York shows Americans have reached a cumulative $1.08 trillion in credit card debt. Credit card balances increased by $48 billion to $1.08 trillion…
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Posted November 3, 2023 Creative Planning’s campaign for acquisition is showing no signs of losing steam after the wealth management firm announced its latest addition to the company’s retirement services. Creative Planning announced on Tuesday its acquisition of Chicago-based Mesirow's…
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Posted November 2, 2023 A Kansas City jury in the federal case of Burnett v. National Association of Realtors (NAR) ordered the NAR and other entities liable for approximately $1.8 billion in damages after being found guilty of colluding to…
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Posted October 26, 2023 The U.S. Department of Transportation has partnered with Kansas City to enhance innovative delivery and finance infrastructure improvements through an agreement that will support billions of dollars. The Emerging Projects Agreement focuses on Kansas City’s $15…
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Posted October 26, 2023 The Federal Reserve's Survey of Consumer Finances data shows net worth for multiple age groups increased by 37 percent between 2019 and 2022. The substantial increase showed mostly for age groups under the age of 35…
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Posted October 19, 2023 The investment strategy for the 60/40 portfolio isn't dead, regardless of being stressed since the pandemic, and is a better investment strategy than cash over the next decade, according to JPMorgan Asset Management. The 60/40 portfolio…
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