Local


Parson Closes Schools for Remainder of Academic Year

Missouri Governor Mike Parson has closed schools in Missouri for the remainder of the 2019-2020 school year. The move follows a similar measure by Kansas Governor Laura Kelly back in March. Missouri schools are expected to continue to provide services… more

KCMO Issues $28M in Infrastructure Improvement Bonds

Kansas City has issued just under $27.79 million in improvement bonds  that would make infrastructure repairs to City Hall, Liberty Memorial, street reconstruction in the City Market area and parking garages. A $9.1-million portion would also be used to fund… 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

Parson Chooses Florissant Hotel for First Alternative COVID Site

Missouri Gov. Mike Parson has chosen a Florissant hotel for Missouri's first alternative medical site for patients suffering from mild COVID-19 symptoms.  He said other sites are looking being looked at across the state for similar facilities. “Our hospitals and… more