Finance Archives

National Bank of Arizona Hires New Business Banking Manager

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by in Business News | Economy | Finance | Small Biz

National Bank of Arizona (NB|AZ) announced the hire of new business banking manager, Ward Hickey. Hickey has more than 25 years of experience in the Arizona banking industry, specializing in entrepreneurship, business development and small business administration (SBA) lending. “I am thrilled to join the NB|AZ team,” Hickey said. “I’m looking forward to expanding the… Read More →

Arizona Commerce Authority gets new CEO

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The Arizona Commerce Authority — the state’s economic development organization — is finally getting a new CEO to replace Don Cardon. The ACA is charged with creating jobs and boosting the state’s economy. The Arizona Commerce Authority board voted unanimously Tuesday to have a board committee negotiate a contract with Sandra Watson, who was chief… Read More →

GenSpring ranked among nation’s top wealth managers

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by in Business News | Economy | Finance

GenSpring Family Offices, a leading wealth management firm for ultra-high net worth families with an office in Phoenix, has been ranked by Barron’s in the top 40 of all wealth managers in the U.S. GenSpring ranked at No. 33 in Barron’s annual ranking and was recognized for its “open architecture” which offers clients “significantly more… Read More →

IO Closes $90 Million In Funding Led By New World Ventures

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by in Business News | Economy | Finance | Tech

Phoenix-based IO, the leading provider of next-generation modular data center technology and services, today announced it has raised $90 million in equity from a group led by New World Ventures, a Chicago-based venture capital firm focused on technology innovations that fundamentally change markets. Existing IO investors also participated in the funding. “From the moment we… Read More →

Soaring College Cost And Financial Planning

Soaring College Cost and Financial Planning

Parents and students today should seriously consider saving for education cost early on. The cost of college tuition is becoming very expensive, specifically if your child is considering attending a private or out-of-state college. These costs have increased nearly 30 percent in the past decade and will most likely continue in the years to come.… Read More →

How To Avoid Non-Payment Of Invoices

How to Avoid Non-Payment of Invoices
by in Columnist Spotlight | Finance

While it is ideal if you can have your customers pay prior to or when the delivery of goods or services are rendered, it is not always possible to finalize a deal on these terms.  More often than not, goods and services are purchased on credit or on term agreements to pay in the near… Read More →

A Guide To Applying For A Bank Loan

Enterprise Bank
by in Columnist Spotlight | Finance

Every business at some point will require outside financing; his generally means obtaining some form of bank loan. For many, this turns out to be a very aggravating and frustrating process. You may be financing a new business or simply be in need of seasonal financing, but proper planning will substantially enhance your chances of… Read More →

Tips for dealing with cap gains tax hike

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The impending jump in capital gains taxes has prompted a flood of nervous calls to financial advisers in recent months. Less than three months remain until the maximum rate of 15 percent on long-term gains rises to 20 percent unless Congress extends the Bush-era tax cuts. On top of that, the health care reform package… Read More →

LifeLock falls in 1st day of trading on NYSE

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by in Business News | Finance | Tech

Shares of LifeLock fell more than 3 percent in its first day of trading as the online provider of identity theft protection services priced its initial public offering below the anticipated range. The Tempe company dropped 30 cents, or 3.2 percent, to $8.70 in morning trading on Wednesday. The shares opened at $8.38, down 7… Read More →

Mutual of Omaha Buys Mortgages to Support Habitat Mission

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by in Business News | Finance

A growing number of families in central Arizona now have access to affordable housing, thanks in part to a unique arrangement between Habitat for Humanity Central Arizona (HFHCAZ) and Mutual of Omaha Bank. Mutual of Omaha Bank recently purchased more than two dozen non-interest bearing mortgages originated by Habitat for Humanity, totaling approximately $740,000. HFHCAZ… Read More →

Save money with smart open enrollment changes

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by in Business News | Finance | Healthcare

Employers will soon be offering workers their yearly opportunity to make changes to their health care benefits. All too often this open-enrollment period has required combing through pages and pages of confusing insurance terms, according to an Associated Press report. But this year workers will receive help translating that jargon thanks to a new requirement… Read More →

Arizona Chapter of FEI announces new officers

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by in Business News | Economy | Finance

The Arizona Chapter of Financial Executives International (FEI) announces the election of its new officers and board of directors for fiscal year 2012-13. The newly elected leadership team is comprised of finance executives in the Phoenix-metro area who represent and advocate for the interests of finance professionals of companies in all industries, all sizes, public,… Read More →

Families should act now to preserve wealth

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by in Business News | Finance

Families who have had to face the estate tax know that it can destabilize their family businesses and create major headaches for their children and grandchildren. Unfortunately, for more than a decade it’s been nearly impossible for families to do informed planning with any solid understanding of what Washington’s future intentions may be. In fact,… Read More →

Mutual of Omaha Names Manager of Mortgage Sales for Arizona

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by in Business News | Economy | Finance

Mutual of Omaha Bank has promoted Robert Winter to manager of mortgage sales for Arizona. Based in Scottsdale at 9200 E. Pima Center Parkway, Winter will lead the bank’s statewide mortgage lending group as they offer a comprehensive portfolio of residential financing solutions including conventional loans, jumbo loans, second liens, bridge notes, FHA and VA… Read More →