Finance Archives

Mutual of Omaha Buys Mortgages to Support Habitat Mission

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

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

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

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

Winter, Robert 80565
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 →

Wealth Management Q&A With GenSpring Executives


Here are answers to some common wealth management questions from Pat Soldano, chairman – Western Region, GenSpring Family Offices, and Mark Mushkat, senior advisor – Western Region, GenSpring Family Offices: What is the biggest mistake people make — that could be corrected by an effective financial adviser — when they try to manage their assets… Read More →

Ways To Boost Financial Performance In Face Of Economic Uncertainty

Ways to Boost Financial Performance in Face of Economic Uncertainty
by in Columnist Spotlight | Economy | Finance

Here we are in a challenging economic environment that spans almost every industry. Every day we are reminded of this with still high unemployment rates, less than hoped for corporate financial results, bankruptcies and foreclosures, low consumer confidence, etc. With this news constantly put before us, I frequently hear from business colleagues that it isn’t… Read More →

Risky Investments: How Much Of Your Porfolio Is Risky?

Are Your Investments Safe Or Risky?
by in Columnist Spotlight | Finance

It’s been only four years since our Great Recession, and the investment world has changed drastically. Many investors are thinking, planning and attempting to grow their wealth more cautiously. In many cases, it’s not about growth but preserving what one already has. It wasn’t long ago when general planning of life was much simpler. We… Read More →

Wells Fargo Celebrates Arizona Teacher of the Year

by in Business News | Education | Finance

Wells Fargo is honoring Arizona’s Teacher of the Year on its ATMs across the state. For the month of September most of Wells Fargo’s 544 ATMs in Arizona will feature a screen congratulating 2012 Teacher of the Year Kristie Martorelli. Wells Fargo’s ATM users can learn more about Martorelli’s teaching achievements by simply pressing a… Read More →

Increasing Cash Flow, Becoming A Debt-Free Company

Increase Cash Flow, Reduct Debt
by in Columnist Spotlight | Finance

How much debt financing is right for a business? In today’s low-cost money environment, the “easy” answer might be “as much as you need” because it is inexpensive (depending on a company’s financial situation). However, the credit environment has tightened significantly during the past two years because of the stress that has been placed on… Read More →

“MACH” A Match For Whistleblowers

"MACH" A Match for Whistleblowers
by in Columnist Spotlight | Finance

In 2002, the Sarbanes-Oxley Act (SOX) breathed new life into whistleblower programs for U.S.-listed public companies. This legislation had a particular impact on audit committees, handing them the responsibility of, “establishing procedures for The receipt, retention and treatment of complaints received by the issuer regarding accounting, internal accounting controls, or auditing matters; and The confidential,… Read More →

New Technology Makes Financial, Inventory Management Easy, Affordable

New Technology Makes Financial, Inventory Management Easy, Affordable
by in Columnist Spotlight | Finance

The expansion of the Internet and the growth of online financial tools continue to change the way we do business. With the development of Web-based and online tools, it is easier than ever for small business owners to manage day-to-day operations, track financial transactions and measure performance. Unlike the more costly software packages many companies… Read More →

5 Common Small Business Challenges

5 Common Small Business Challenges

In working with small, growing entrepreneurial businesses, I have discovered several common financial-related issues with which they struggle. When I first start working with these businesses, most if not all of these issues exist. All of them are critical to their success in managing and growing their businesses. The good news is that with time… Read More →

BBVA Compass’ Herndon Will Chair Arizona Bankers Association


The Arizona Bankers Association (AzBA) announced  that Lynne B. Herndon, city president for BBVA Compass, will serve as the 2012-2013 chairman of the board of directors for the association.  Herndon succeeds James Lundy, president and CEO of Alliance Bank of Arizona, as chairman of the association. “I am excited to step into the chairman role… Read More →