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
Monica Eaton-Cardone is many things — a wife, a mother, a businesswoman, a philanthropist – but one thing she is certainly most not, is easily intimidated. With a career spanning multiple industries and many companies, most of her own making, she most recently made a name for herself in Agile technologies, with a dispute mitigation … Read more
Stahl & Associates Insurance has reached an agreement to acquire Orlando-based Morse Insurance Agency. The addition of Morse Insurance Agency will expand Stahl & Associates’ footprint in Florida, a statement said. Terms of the deal were not disclosed. The acquisition closed on December 1. “The insurance industry is changing and consolidating at a rapid pace. … Read more
CenterState Bank is acquiring National Commerce Corp.(Nasdaq: NCOM), a Birmingham, Alabama-based bank holding company. Under terms of the deal, CenterState Bank will exchange 1.65 of its shares for each National Commerce share outstanding. CenterState (Nasdaq: CSFL) is based in Davenport, Florida. The deal is valued at $850 million, according to MarketWatch.
►Lakeland-based Publix Super Markets Charities announced it will donate $5 million to more than 240 nonprofit organizations, including Feeding America member food banks, which focuses on alleviating hunger across Publix’s operating area. ►GTE Financial opened a Community Financial Center located at 5320 U.S. Highway 98 North, Lakeland. ►After a national search, Florida Orthopaedic Institute hired … Read more
