UBS poaches $1.3 billion Tampa wealth team from Bank of America
The hires add four advisors with deep ties to Tampa’s wealthy families and business owners.
Inflation slows to 3.5% as energy prices reverse course
Energy prices pulled U.S. inflation lower while Tampa’s latest inflation remained below the national rate.
GTE Financial moves Hudson branch to New Port Richey
GTE Financial has relocated its Hudson Community Financial Center to a new full-service location in New Port Richey, replacing its former Hudson branch and continuing service for members in west Pasco County. The new branch is led by Matthew DeSalvo, who has seven years of financial services leadership experience and more than a decade of … Read more
The Truth About the “Credit System Changes” Going Viral Online
If you spend enough time doomscrolling social media, you’ll eventually see someone claiming the financial system is about to change forever. Recently, someone forwarded me a viral video warning that major changes to the credit system would destroy Americans’ credit scores overnight. The creator pointed to three issues: Buy Now, Pay Later accounts, the rise … Read more
Which Business Funding Strategy is Right For You?
While there’s something to be said for bootstrapping a business, leveraging debt to launch or scale can be a game changer if handled properly. The key to success here is twofold. First, you need to be responsible with debt because it can quickly spiral out of control—especially in a soft economy, so how you use … Read more
The Portable Mortgage Paradox—a Solution That Will Cause More Problems Than It Solves
There’s a reason portable mortgages are suddenly a topic of conversation everywhere lately. The housing market is a mess because rates are up, qualifying for a mortgage is tougher than ever, and for every single house that has skyrocketed in value, hundreds of buyers are priced out of the market. On the surface, portable mortgages … Read more
Trump’s Proposed Interest Rate Cap Will Hurt the People It’s Supposed to Help
There’s been a lot of talk lately about using regulatory bodies to cap credit card interest rates as a way to lower costs for Americans in today’s softening economy. On the surface, this sounds logical. If you cap credit card interest rates to some arbitrary lower number—like the 10% cap currently being proposed—consumers’ monthly payments … Read more
Ready for Business Credit? Hold On—Here’s What You Need to Know First
Business credit, when leveraged properly, can be an absolute game changer for entrepreneurs because it gives you the opportunity to scale your business in ways you never could by simply bootstrapping. This enables you to invest in the necessary inventory, equipment, and acquisitions that help you to make bigger moves and gobble up market share. … Read more
3 Reasons Your Entire Team Needs to Understand Your Numbers
A lot of entrepreneurs are creative visionaries who are great at leading their team, but they still don’t seem to get the results they should. The bad news is that most don’t even understand why that’s happening. The good news, however, is that the solution is pretty straightforward, and in my opinion, pretty easy to … Read more
Business Credit Card Stacking—a Funding Strategy Most Entrepreneurs Don’t Know About
I’ve worked with thousands of business owners over the years. I’ve watched some build companies that sell for life-changing amounts of money, and I’ve seen others stall out, even when they had a great idea. The biggest difference usually isn’t talent. It’s not the product. It’s not marketing skill or who they know. It’s how … Read more