AABP EP Awards 728x90

Banking and Finance

DSC 6869

Sammons Financial Group breaks ground for West Des Moines headquarters


Sammons Financial Group on Thursday celebrated the start of construction for its new West Des Moines headquarters, a $65 million project that will bring the company’s approximately 500 Central Iowa employees under one roof and …
By BPC Staff | Jun 21, 2019
DSC 6869

Principal announces leadership additions in Wells Fargo IRT integration

Principal Financial Group has announced key additions to its Retirement & Income Solutions leadership teams from Wells Fargo Institutional Retirement & Trust. 

Principal in early April announced a $1.2 billion deal to acquire Wells Fargo’s Institutional Retirement & Trust …
By BUSINESS RECORD STAFF | Jun 19, 2019
DSC 6869

Bank Iowa develops kids’ book as savings incentive

A children’s book that Bank Iowa promises is “big on heart and humor” is available to Des Moines-area residents beginning today. Developed in conjunction with illustrator and artist Nathan T. Wright, “Eleanor Saves the Day” …
By BPC Staff | Jun 18, 2019
DSC 6869

Wealth Enhancement Group acquires Maryland firm

Minneapolis-based Wealth Enhancement Group, which has an office in West Des Moines, announced it has signed a definitive agreement to acquire Planning Solutions Group LLC, a hybrid independent financial advisory business based in Fulton, Md., with more …
By BPC Staff | Jun 18, 2019
DSC 6869

July 16: CFA Society Iowa luncheon

Host: CFA Society Iowa
About: Wamsi Mohan of Bank of America will present on blockchain and its impact on consumers and financial institutions. This luncheon is open to CFA Society Iowa members and nonmembers. 
When: …
By BPC Staff | Jun 17, 2019
DSC 6869

NOTEBOOK – One Good Read: Is lazy thinking taking over markets?

“The value of a home always increases.” That certainty in thinking was one factor that helped lead to the blindness that was a major trigger of the Great Recession. Billionaire investor and Oaktree Capital Management …
By CHRIS CONETZKEY | Jun 14, 2019
DSC 6869

A midyear market checkup from Wells Fargo’s chief investment officer

Although growth will likely continue to slow this year, the U.S. economy is on track to attain the longest economic recovery since the late 1940s, as the current expansion extends past the 10-year mark in …
By JOE GARDYASZ | Jun 13, 2019
DSC 6869

A mid-year market checkup from Wells Fargo’s chief investment officer

Although growth will likely continue to slow this year, the U.S. economy is on track to attain the longest economic recovery since the late 1940s, as the current expansion extends past the 10-year mark in …
By JOE GARDYASZ | Jun 13, 2019
DSC 6869

Federal Home Loan Bank announces two new top executives

Joelyn Jensen-Marren and Bill Bemis have been named to top spots at the Federal Home Loan Bank of Des Moines. Jensen-Marren was named chief financial officer and Bemis chief capital markets officer, a new position. …
By BPC Staff | Jun 7, 2019
DSC 6869

SEC approves new rules governing advisor/broker conduct

Investment advisers and brokers will soon be faced with new federal disclosure and compliance requirements, but the changes disappointed consumer advocates and suggest more state regulatory action on fiduciary rules is likely, Financial Planning magazine reported. …
By BPC Staff | Jun 6, 2019