By Mary Lauritano, CFA, Senior Vice President–Wealth Management at UBS Wealth Management USA; St. Petersburg In a recent UBS report of women and wealth, Own Your Worth, the study showed that eight in ten women will, one day, be alone and solely responsible for their financial well-being due to increased life expectancy and divorce. Moreover, … Read more
MIND THE GAP For many highly paid executives, there is a significant gap between their total compensation and the benefit they receive from their company’s Long Term Disability plan. There are at least three areas that could lead to a significant income shortfall. Group LTD Benefits Are Capped Most group LTD Plans have a monthly … Read more
This three part series will deal with death, dementia and divorce and the devastating impact these three “Ds” can have on a marriage. While death often is mostly associated with older folks, it can strike at any age. Our experience shows that most spouses do not prepare for the financial and personal issues that ensue, … Read more
Life insurance is an important part of an overall financial strategy. Its many uses include protecting a family in case of a premature death, funding a buy or sell agreement between business partners and ensuring a family business passes successfully from one generation to the next. Policies, especially those for the affluent, are designed around … Read more
The news is full of lawsuits against retirement plans, regardless of size, because of the trustees’ failure to actively monitor plan costs, services and investment options. As the trustee of your corporate retirement plan you have a fiduciary duty to ensure that a documented monitoring process is in place to protect the interests of the … Read more
Each year, small-medium size business owners (“SMBs” – companies with annual revenues of $25 million or below) are surveyed and asked that question. With little deviation, year in and year out, here are the top five answers: Loan Officer Turnover Don’t Understand My Business Never Calls on Me Asks Me for Too Much Stuff Price … Read more
ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NASDAQ:SFBS), plans to expand into Southwest Florida with the hiring of five local bankers who will be located in Sarasota. Mario Bringas was named president for this newly formed Southwest Florida market in addition to Brent Dykstra, senior vice president and senior commercial banker, Ryan Riley, vice president … Read more
“What Can You Do For me?” When you consider entrusting your most complex personal or corporate financial objectives with a trusted advisor, you need to be confident they are in good hands. Only consider one who will put themselves in your shoes and will take into account your individual touchpoints to help paint the picture … Read more
Peter Meyer has been named TD Bank market president—commercial for Central Florida. In his new role, Meyer will be responsible for the strategic growth and oversight of all commercial and small business banking activities in the metro Orlando and Tampa regions. He will be reporting to Nick Miceli, TD Bank’s regional president of Florida, and … Read more
Michael Nursey has been promoted to head of the middle market group for Florida at TD Bank. In his new role, Nursey will lead TD Bank’s Middle Market strategy across the state, including commercial and industrial, business acquisition and public finance lending. Nursey will be based in Tampa. Nursey joined TD Bank in 2012 as … Read more