You’ve probably heard a statistic thrown about the percentage of small businesses that fail within the first year, and while that number changes depending on several variables, it’s always astronomically high. According to the U.S. Bureau of Labor Statistics (BLS), the failure rate for new businesses is roughly 20% in the first two years, 45% … Read more
LCG Advisors, a Tampa-based financial services advisory firm, has named John Pilson as managing director of LCG’s investment banking division. Pilson started his career in investment banking at Bank of America Securities, in Charlotte, North Carolina, and has more than 20 years of finance and advisory experience. Most recently, Pilson held the position of managing … Read more
SmartAsset has conducted a study on the amount of money that is necessary to be in the top 1% of earners in each state nationwide. Florida ranked 8th in the nation, for states with the highest income threshold to reach the top 1% of earners. In Florida, the income floor of the top 1% of … Read more
Truist Financial Corp. (NYSE: TFC) has appointed Val Perez as the market president for Southwest Florida to oversee commercial banking for Truist. Perez enters the role with more than 35 years of banking experience across retail and commercial banking teams. He has held roles leading customer experience, sales strategy, small business and commercial teams at numerous regional banks. … Read more
The Tampa Bay Rays came to a multi-year partnership agreement with Amerant Bank to make it the official bank of the team. The partnership includes the presence of the Amerant Bank brand in numerous locations inside the stadium and during gameday radio broadcasts. Also included in the agreement are numerous hospitality opportunities, use of the … Read more
TD Bank has added Anthony Carter, a former chief diversity officer for Johnson & Johnson, to its Community Advisory Board. “I’m honored, and excited, to serve as a member of TD Bank’s Community Advisory Board. I look forward to working with TD Bank’s visionary, and extraordinary, leaders as well as a team of prominent national … Read more
By Taylor Ranker, II, chief executive officer of Questmont Virtual Family Office As a successful business owner you do, in fact, have a target on your back. As your wealth and visibility grow so does that target. If you are in this category with dozens, or even hundreds, of employees you are one of the … Read more
Seacoast Bank, a subsidiary of Seacoast Banking Corp. of Florida, has appointed Nate Wood as market president for Tampa. Wood most recently served as senior vice president at Truist Financial Corporation, overseeing its Middle Market Banking Team for the Pennsylvania and New Jersey region. He also held leadership positions in Truist’s Alabama and Virginia regions.
While numerous economic indicators continue to plunge, lenders have been tightening underwriting guidelines to reduce their risk exposure. This shouldn’t surprise anyone considering the fact that we all can see the impact of inflation first hand, and most of us have either been laid off or know someone who has. Rising costs and layoffs have … Read more
TD Bank had recently announced that Scott Daigle has been named its North Florida Commercial Market President. TD Bank’s North Florida region includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona, Lakeland and Melbourne areas. Daigle joined TD Bank in 2015 as the Regional Vice President of the Tampa Bay Region where he focused … Read more
