Banking & Financial Services

IRS Launches Stimulus Check Status Site

U.S. residents now have a resource from the Internal Revenue Service where they can track the status of their stimulus checks. Titled Get My Payment, it shows when people would receive payments of up to $1,200 for individuals, $2,400 for… more

WHO Leader: COVID-19 Dwarfs 2009 Flu

The COVID-19 pandemic is 10 times deadlier than the flu pandemic of 2009, according to Tedros Adhanom Ghebreyesu, general director of the World Health Organization. "We know that early case-finding, testing, isolating caring for every case and tracing every contact… more

Creative Planning Buys Wichita-Based Coe Financial

Overland Park-based Creative Planning has acquired Coe Financial Services, an RIA firm based in Wichita with $126 million in assets under management. The firm provides financial planning and investment-management services. Coe was founded in 1983 by managing director Richard Coe.… more

M&A Update: A Whole New World

A new update on the Kansas City M&A market issued by one of the leading firms in that space confirms what most might have anticipated: That space today is much different than just a month ago.  So concludes the leadership… more

PPP Update

As the nation’s banks continue to fine-tune the Paycheck Protection Program implemented by Congress to help avert layoffs during the COVID-19 crises, today looms as a key date in phase II of the $349 billion program. As of this morning,… more

Beyond PPP

Banks have been quick to respond with customer-driven programs that may be forsaking short-term revenue gain, preserving the longer-term relationships that will be valuable once the recovery begins While the Small Business Administration is forgoing traditional loan structures with banks… more

Q&A with: Leslie Davis, True Peace Financial Solutions/AE Wealth

Leslie Davis is the owner of True Peace Financial Solutions in Overland Park, Kan., an affiliate of Topeka-based AE Wealth, which has more than $7 billion in assets under management. She talked about challenges in the investment market right now.… more

UMB Revises Financial Forecast for 2020

A year that started on with a booming U.S. economy is now certain to include a recession. That’s the take-away from UMB Bank’s chief investment officer, KC Mathews, who has issued a 2020 economic forecast updated to reflect the impact… more

Kemper: Liquidity, Not Lending, for Businesses

“The greatest financial relief we can give small and mid-sized businesses in this economic crisis is faster payment of their outstanding invoices—liquidity.” With that declaration, Kansas City’s Sandy Kemper, founder and CEO of C2FO, is calling for a different approach… more

Waddell & Reed Assets Under Management Plunge

Overland Park-based wealth-management firm Waddell & Reed's assets under management took a plunge from February to March, dropping from $65 billion to $56 billion. The fall has taken place as the stock market saw extreme volatility during that time frame.… more