ESOP

Sanctuary Wealth Congratulates Gerry Spitzer of Questar Capital Partners on His Appointment as President of Exit Planning Institute's New Jersey Chapter

Retrieved on: 
Thursday, October 5, 2023
Partnership, CRPC, High-net-worth individual, Spitzer, EPI, ESOP, CPWA, Chapter, CEPA, UBS, CPA, Financial adviser, Construction, Sanctuary, Questar

INDIANAPOLIS, Oct. 5, 2023 /PRNewswire/ -- Sanctuary Wealth (Sanctuary), home to the next generation of elite advisors, congratulates Questar Capital Partners (Questar) founder, Gerry Spitzer, CPA, CPWA, CEPA, CRPC, on his appointment as President of the newly formed Exit Planning Institute's (EPI) New Jersey chapter. Questar will also begin offering its business succession planning services to advisors affiliated with Sanctuary Partner Firms – another important service the firm provides its advisors to enhance their client service.

Key Points: 
  • INDIANAPOLIS, Oct. 5, 2023 /PRNewswire/ -- Sanctuary Wealth (Sanctuary), home to the next generation of elite advisors, congratulates Questar Capital Partners (Questar) founder, Gerry Spitzer, CPA, CPWA, CEPA, CRPC, on his appointment as President of the newly formed Exit Planning Institute's (EPI) New Jersey chapter.
  • Questar will also begin offering its business succession planning services to advisors affiliated with Sanctuary Partner Firms – another important service the firm provides its advisors to enhance their client service.
  • New Jersey-based Questar had been part of UBS for years before choosing partnered independence with Sanctuary in 2022.
  • Questar has built an impressive practice by providing wealth management services to business owners and high-net-worth individuals and families.

Planned Financial Services changes its name to Return on Life Wealth Partners

Retrieved on: 
Monday, October 2, 2023
Life, Financial services, Telephone, RIA, ESOP, AUM, Retirement, Microsoft Excel, Happiness, Research, Return to Life (album), Financial adviser

CLEVELAND, Oct. 2, 2023 /PRNewswire/ -- Planned Financial Services, a leading independent Registered Investment Advisor (RIA), today announced it is changing its name to Return on Life Wealth Partners effective immediately. The new name represents the distinct financial philosophy, vision and beliefs embraced by the firm's owner and founder, Frank Fantozzi, and his experienced team of wealth advisors and associates.

Key Points: 
  • CLEVELAND, Oct. 2, 2023 /PRNewswire/ -- Planned Financial Services, a leading independent Registered Investment Advisor (RIA), today announced it is changing its name to Return on Life Wealth Partners effective immediately.
  • By examining clients' lives before their money, Return on Life Wealth Partners aligns its advice with clients' values.
  • Over the next five to seven years, Return on Life Wealth Partners expects to double its ­­number of employees.
  • With an annual growth rate of 15%, Return on Life Wealth Partners also anticipates doubling its assets under management (AUM) by 2029.

Ferrellgas Partners, L.P. Reports Full Fiscal Year and Fourth Quarter Fiscal 2023 Results

Retrieved on: 
Friday, September 29, 2023
Maintenance, Education, Information technology, Ferrellgas, ERP, Central Time, ESOP, EBITDA, Customer service, OTC, Weather, Video game, Tobacco, Pharmaceutical industry, Security (finance), Management, Safety, Innovation

Margin per gallon for the fourth fiscal quarter and fiscal 2023 increased 10% and 12%, respectively, compared to the prior year periods.

Key Points: 
  • Margin per gallon for the fourth fiscal quarter and fiscal 2023 increased 10% and 12%, respectively, compared to the prior year periods.
  • LIBERTY, Mo., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (OTC: FGPR) (“Ferrellgas” or the “Company”) today reported financial results for its fiscal year (“fiscal 2023”) and fourth fiscal quarter ended July 31, 2023.
  • Right-timed deliveries drove a 3% decrease in gallons sold both for the fourth fiscal quarter and fiscal 2023 as well as warmer weather trends when considering fiscal 2023.
  • Margin per gallon increased $0.12, or 10%, in the fourth fiscal quarter and $0.13, or 12%, in fiscal 2023.

Ascensus Pooled Employer Plans (PEPs) Surpass $1 Billion in Assets Under Administration

Retrieved on: 
Wednesday, September 27, 2023
Ascensus, UBS, Aprio, LLP, PPP, PEP, PEPS, Alliant, ESOP, Financial adviser

DRESHER, Pa., Sept. 27, 2023 /PRNewswire/ -- Ascensus, whose technology and expertise help millions save for a better future, announced the company has surpassed $1 billion in PEP assets under administration.

Key Points: 
  • DRESHER, Pa., Sept. 27, 2023 /PRNewswire/ -- Ascensus , whose technology and expertise help millions save for a better future, announced the company has surpassed $1 billion in PEP assets under administration.
  • "We're delighted to achieve this milestone in our PEP partnerships, confirming our focus on growing this important offering," said Nick Good, President of Ascensus.
  • Ascensus' PEPs offer a wide variety of savings solutions to plan sponsors, employers, and savers.
  • Newport, an Ascensus company, was one of the first to register as a Pooled Plan Provider in 2021, a key component of any PEP program.

FAIRWAY INDEPENDENT MORTGAGE RANKED #2 ON NEWSWEEK'S LIST OF THE TOP 100 MOST LOVED WORKPLACES FOR 2023

Retrieved on: 
Monday, September 25, 2023
BPI, Comparable transactions, Respect, Culture, Workplace, Research, ESOP, Alignment, Glassdoor, HSA, Family, Pharmaceutical industry, Management, Newsweek

MADISON, Wis., Sept. 25, 2023 /PRNewswire/ -- Newsweek announced their annual rankings for the Top 100 Most Loved Workplaces® list, and Fairway Independent Mortgage Corp. was ranked #2 nationally nationwide among all companies, and #1 among medium sized companies, financial services companies, and for its value-driven culture. The 2023 Top 100 Most Loved Workplaces® is the result of a collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.

Key Points: 
  • The 2023 Top 100 Most Loved Workplaces® is the result of a collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.
  • The results were determined after surveying more than 1.4 million employees from businesses with workforces varying in size from 50 to more than 10,000.
  • "The workplaces that have demonstrated a commitment to their employees in 2023 are more likely to attract top talent and deliver strong business outcomes."
  • (The list includes both U.S. firms and companies with a strong U.S. presence that are based overseas.)

Technip Energies Announces the Success of Its First Worldwide Employee Shareholding Operation ESOP 2023

Retrieved on: 
Friday, September 22, 2023
Engineering, Chemicals, Plastics, Environment, Oil, Gas, Sustainability, Manufacturing, Energy, ISIN, Technip Energies, ESOP, Mobile phone

On April 18, 2023, Technip Energies (Paris:TE) (ISIN:NL0014559478) announced the launch of ESOP 2023, an employee share operation offered to circa 12,000 eligible employees in 19 countries, with the objective of sharing the long-term value creation of the Company with its employees.

Key Points: 
  • On April 18, 2023, Technip Energies (Paris:TE) (ISIN:NL0014559478) announced the launch of ESOP 2023, an employee share operation offered to circa 12,000 eligible employees in 19 countries, with the objective of sharing the long-term value creation of the Company with its employees.
  • The operation was based on two offers:
    "ESOP Classic", where the subscriber benefits from a discounted price and a matching contribution.
  • This first operation was a resounding success, with the volume of applications significantly exceeding the allocated envelope.
  • More than 4,500 employees chose to subscribe to the ESOP 2023 offer, bringing the overall subscription rate to 33%.

Marina Mechanical Services Updates Branding and Moves to New Location

Retrieved on: 
Friday, September 15, 2023
Workforce, HVACR, Interface (computing), San Francisco Bay Area, Partnership, NK, ESOP, Language

LIVERMORE, Calif., Sept. 15, 2023 /PRNewswire/ -- Marina Mechanical Services, a leading commercial and industrial HVACR provider has recently updated its entire brand suite and moved to Livermore, California.

Key Points: 
  • LIVERMORE, Calif., Sept. 15, 2023 /PRNewswire/ -- Marina Mechanical Services, a leading commercial and industrial HVACR provider has recently updated its entire brand suite and moved to Livermore, California.
  • The organization previously operated under the name of Marina Mechanical, and was headquartered in San Leandro, California.
  • These changes represent pivotal and forward-looking steps for the company, which has been in operation since 1958.
  • As an employee stock ownership plan (ESOP) business, having a location that contributes to a better employee work-life balance was a key company goal.

SeedBlink joins forces with Promocrat to enhance startups' investment readiness with educational resource

Retrieved on: 
Tuesday, September 12, 2023
Partnership, Q&A, Marketing, Employee stock ownership, Best practice, ESOP, Magnet, Growth, Ridesharing, Cryptocurrency, Management, Hunch

BUCHAREST, Romania, Sept. 12, 2023 (GLOBE NEWSWIRE) -- SeedBlink announces a new partnership with the esteemed Promocrat growth marketing agency.

Key Points: 
  • BUCHAREST, Romania, Sept. 12, 2023 (GLOBE NEWSWIRE) -- SeedBlink announces a new partnership with the esteemed Promocrat growth marketing agency.
  • The findings made by SeedBlink after nearly 6,000 European entrepreneurs competed for successful funding on SeedBlink inspired this collaborative project.
  • This document lays out a clear roadmap with 53 tried-and-true ideas for transforming hopeful businesses into efficient investment magnets.
  • Nimity , our equity management solution, and our educational arm in development with Promocrat are all part of this commitment."

Bios Companies Partners with Oakworth Capital Bank & Lazear Capital Securities to Secure ESOP Financing

Retrieved on: 
Thursday, September 7, 2023
Linda, Professional, ESOP, Disability studies, Fleming Companies, Inc, OTCQX, Growth, Financial services, Bios

BIRMINGHAM, Ala., Sept. 7, 2023 /PRNewswire/ -- Oakworth Capital Bank (OTCQX: OAKC) acted as Servicer and Sole Agent for senior secured credit facilities that supported Bios Companies, Inc.

Key Points: 
  • BIRMINGHAM, Ala., Sept. 7, 2023 /PRNewswire/ -- Oakworth Capital Bank (OTCQX: OAKC) acted as Servicer and Sole Agent for senior secured credit facilities that supported Bios Companies, Inc.
  • Employee Stock Ownership Plan's 100% equity investment in Bios Companies Inc. ("Bios"), the refinance of outstanding real estate debt and the company's ongoing working capital needs.
  • Lazear Capital Securities not only acted as financial advisor to Bios in securing the financing, but also worked with Bios' owners to design a custom solution which included employee benefits, financial flexibility and maximized tax advantages.
  • Oakworth's Healthcare Commercial Client Advisor Terrell Taylor led efforts on behalf of the bank and coordinated with Lazear Capital to structure Bios' debt capital solution.

Blank Rome Adds Veteran ESOP Lawyer to Growing Dallas Office

Retrieved on: 
Wednesday, September 6, 2023
University, Privacy Office of the U.S. Department of Homeland Security, Average revenue per user, Internal Revenue Service, Senior counsel, Tax, Southern Methodist University, Partner (business rank), Trustee, Negotiation, Lawyer, Reno 1868 FC, Tax benefits of debt, U.S. Department of Labor, Office of Inspector General, Retirement, KSOP (AM), Growth, Blank Rome, Shriners, Sales, Financial adviser, ESOP

Dallas, TX, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Blank Rome LLP is pleased to announce that Jason C. Ray has joined the firm as a partner in its Tax, Benefits, and Private Client group in the firm’s new Dallas office.

Key Points: 
  • Dallas, TX, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Blank Rome LLP is pleased to announce that Jason C. Ray has joined the firm as a partner in its Tax, Benefits, and Private Client group in the firm’s new Dallas office.
  • In 2023, Blank Rome has grown strategically, adding two dozen prominent lateral partners across offices and practices to expand service offerings and support client needs.
  • The firm opened a Dallas office in July with a team of six leading corporate, real estate, and finance partners with national practices, including Dallas Office Co-Chair Jason S. Luter who similarly advises clients on corporate ownership succession planning transactions involving ESOPs.
  • “We are excited to welcome Jason Ray to the firm and expand our presence in Dallas,” said Grant S. Palmer , Blank Rome’s Chair and Managing Partner.