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Banking & Financial Services


Leawood Accounting Firm Stratus Group Sells to NDH Advisors

Posted November 30, 2023 Leawood-based accounting firm Status Group LLC has been acquired by NDH Advisors LLC, a Chicago-based accounting firm under a larger private equity company. Terms of the transaction were not disclosed. Stratus Group employees will become part… more

Investment Holding Company CPC Management Hires Next CPP

Posted November 20, 2023 Kansas City-based private equity firm CPC Management LLC announced it will be expanding its Excellence Group with the hire of new chief people officer Caitlin Porter. The Excellence Group is a team providing continuous improvement opportunities… more

Mariner Wealth Acquires Boston Wealth Management Firm, Adds $1.8B In Assets

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… more

Academy Bank’s New KC Headquarters, Moves Into Popular Skyline Tower

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… more

QTS Data Centers Purchases Netherlands Company To Expand Overseas

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… more

Midwest BankCentre Names Kansas City Market President

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… more

New Record For Americans Credit Card Debt Reaches $1.08T

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… more

Creative Planning Acquires $13B Asset Team, Scales Up Retirement Services

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… more

Kansas City Jury Verdict Calls For $1.8B In Damages Paid By Real Estate Brokers

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… more

USDOT Partners With KCMO To Study Finance For $15B In Infrastructure Projects

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… more