Industry Insights

Industry Insights

Latest coverage, analysis and business news from Tampa Bay Business and Wealth.

How to know it’s time to add to your family wealth advisory team

By Patricia Entsminger, CPA/CFE/CIA and Kathleen Martin, CPA Thinking about a family office? There are many options to consider. A 2016 Ernst & Young survey estimated that there are 10,000+ family offices worldwide.  Whether you’ve inherited your wealth or built it independently, having an expert team to help manage, advise and protect your legacy provides … Read more

How business leaders can recognize and manage stress for optimal performance

By Dr. Ladd Carlston Living a life without stress is virtually impossible: after all, stress is simply a normal reaction the body has when things change, resulting in physical, emotional and mental responses. A stress-free life would be a change-free life—total stagnation—which no one actually wants. And yet, thousands of experts have written millions of … Read more

Lightning scores partnerships with TGH, Crown Auto, Florida Blue and more

While the Tampa Bay Lightning opened the 2021-22 season by raising another Stanley Cup banner, the team has been busy tending to partnerships and agreements that are visible to fans attending games at Amalie Arena and throughout the community.

What many in the sellout crowd — back to the usual 19,092 — likely noticed during the October 12 season opener against the Pittsburgh Penguins are TGH decals on both sides of player helmets. For the second year in a row, Vinik Sports Group, the parent company of the Lightning, and Tampa General Hospital joined forces on such a deal.

“We could not be more pleased to showcase the Tampa General brand and iconic TGH logo exclusively, on our helmets, as we compete to keep the Stanley Cup in Tampa Bay for a third consecutive year,” said Steve Griggs, Vinik Sports Group CEO, in a press release.

The logo will be featured on player helmets all season, as well as on practice helmets. The National Hockey League approved partner branding on helmets prior to last season’s shortened schedule.

The Lightning scored 97 goals in last season’s 28 home games. That meant $49,000 was raised through the Goals for Food program that donates meals to the less fortunate throughout the bay area. This season marks the ninth straight that the team and The Mosaic Company have partnered with Feeding Tampa Bay.

For every goal scored at home this season, Mosaic will donate $500 and the company will pitch in $5,000 for every hat trick. Mosaic will also sponsor a food drive that the Lightning will host at the end of the regular season.

“We are proud to continue our commitment to supporting our local community in the fight against hunger alongside the Tampa Bay Lightning,” said Sarah Fedorchuk, Mosaic’s vice president of government and public affairs, in a press release.

That is not the only initiative with which the Lightning have been visible, when it comes to feeding those in need. Through the effort of the team and Florida Blue, several locations for food donations were established in Hillsborough, Pinellas and Manatee counties during a three-week period, starting at the end of August. All donations benefitted Feeding Tampa Bay in support of Tampa Bay area school pantries.

Lightning fans have had another opportunity to show off their team’s colors this month, thanks to the team and Crown Automotive extending their partnership. When a vehicle is purchased or leased at a Crown Automotive dealership in October, a Lightning license plate will be provided at no charge. All proceeds from the initiative will benefit the Lightning Foundation, which raises funds that are invested within the community.

“Crown Automotive Group is very excited to enter our sixth year as a preferred partner of the Lightning, a relationship that has flourished due to our shared commitment to the Tampa Bay community,” said Crown Automotive president Jim Myers, in a press release.

Crown is also sponsoring the last-minute of play in each period announcement, at Amalie Arena, this season.

The Lightning will play their first outdoor game this season when they meet the Nashville Predators at Nissan Stadium, home of the Tennessee Titans, on February 26.

Tickets for the game went on sale October 21, via Ticketmaster, and will be available on a first-come, first-served basis until they are sold out.

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Can you confidently say that you understand cloud computing?

By Christopher J Moyer Sr, founder, president & CEO of SME Solutions Group Most business leaders know the basics and hear “cloud” often. Businesses resist moving from traditional servers to the cloud because they don’t fully understand it. They fear the risks, and costs, of investing in new technology but are unaware of the positive … Read more

Tampa Bay charities ‘win’ the Outback Bowl

It’s a New Year’s tradition of football—frolicking and fierce competition. The Outback Bowl, tracing its roots in the Tampa Bay area over 30 years, matches up the Southeastern Conference vs. the Big Ten, a single event to kick off the year with sport. But it’s really in the behind-the-scenes impact, for local charities, where the … Read more

The future of heart care: Three advancements at AdventHealth

Courtesy of AdventHealth Advances in cardiovascular care offer minimally invasive options to some patients who previously would have needed open-heart surgery. The world-class cardiovascular teams at AdventHealth are pioneering these surgical techniques and cardiac technologies for the future of heart care, right here in Tampa Bay. These advances in heart health include the use of … Read more

Exclusive: Jason Caras talks IT Authorities’ big acquisition

IT Authorities, a Tampa-based managed service provider and managed security service provider, recently announced that it has been acquired by WidePoint Corp. (NYSE American: WYY), a publicly-traded company that provides trusted mobility solutions, telecom lifecycle management, and access, and identity management services to government entities and Fortune 100 companies. WidePoint serves the Department of Defense, … Read more

BREAKING: Morgan Auto Group acquires Reeves Import Motorcars

Tampa-based Morgan Auto Group has reached an agreement to acquire Reeves Import Motorcars, also based in Tampa. The acquisition is the largest in Morgan Automotive’s history and doubles its footprint in the luxury market, according to Brett Morgan, CEO of Morgan Auto Group (pictured above). In a recent mailing to Reeves customers the Reeves family … Read more

Size matters, but location is key

By Ali St Cyr, Broker/Owner at Tomlin St Cyr The pandemic changed how we live, work and play, and it’s changed what we want in our home. Whether it’s two home offices and a personal gym, or a spacious yard with a pool, homeowners are now resizing their home. Perhaps empty nesters are looking to … Read more

CEOs in Schools looking for business leaders for this year’s program

CEOs in Schools is looking for Tampa Bay area executives to spend a day away from the office and step into the classroom. On November 5, executives will have the opportunity to work side by side with principals, teachers and staff in applying successful business practices that enable local schools to thrive. The Hillsborough Education … Read more