Chartered

CPABC: Northeast B.C. housing starts remain low in 2023, while major project activity also falters

Retrieved on: 
Tuesday, April 9, 2024
Annual report, Site C dam, Chartered, Housing, MPI, CPA

“Following a multi-decade low in housing starts in 2022, residential investment remained suppressed in 2023,” said Alan Bone, CPA, CA, partner at Sander Rose Bone Grindle.

Key Points: 
  • “Following a multi-decade low in housing starts in 2022, residential investment remained suppressed in 2023,” said Alan Bone, CPA, CA, partner at Sander Rose Bone Grindle.
  • Meanwhile, the eight starts in Dawson Creek marked the third straight year in which fewer than 10 housing units had begun construction.
  • “Despite the decline in major project activity, the Northeast still boasted the third highest MPI (Major Project Inventory) value in the province,” continued Bone.
  • The largest project under construction remained BC Hydro’s $16.0 billion Site C Project, which is expected to be completed in 2025.

BC Check-Up: Investment climate shows strength in housing construction, but challenges in economic growth and major projects

Retrieved on: 
Tuesday, April 9, 2024
Annual report, LLB, Growth, Chartered, Climate, Bank, Policy, Bank of Canada, FCPA, Government, Population growth, Renewable energy

"Despite these challenges, residential building investment remained strong, particularly in high density units."

Key Points: 
  • "Despite these challenges, residential building investment remained strong, particularly in high density units."
  • Non-residential building investment reached $7.9 billion, up 6.5 per cent from 2022, with a notable increase in investment in institutional and governmental projects, particularly healthcare facilities.
  • However, B.C.’s major project inventory was valued at $373.0 billion in Q3 2023, down 4.2 per cent compared to Q3 2022.
  • Prioritizing a clear strategy towards a balanced budget is essential to maintaining the province’s ability to address future challenges.”

Impact Investment Manager, WaterEquity, Appoints Marlene Hormes as New Chief Investment Officer

Retrieved on: 
Thursday, April 4, 2024
CIO, DEG, Sanitation, Private, Growth, Goldman Sachs, Chartered, Water quality, Investment, Water, Economics, African Development Bank

Marlene Hormes brings to WaterEquity a wealth of experience in international investment management and sustainable investing.

Key Points: 
  • Marlene Hormes brings to WaterEquity a wealth of experience in international investment management and sustainable investing.
  • Prior to joining WaterEquity, Ms. Hormes served as CIO at Annycent Capital, an investment management firm focused on renewable energy assets in emerging markets.
  • Ms. Hormes was also Managing Director of asset management firm Alphamundi, where she managed a sub-Saharan Africa-focused impact fund.
  • Ms. Hormes will spearhead these investment efforts, leveraging her expertise to enhance WaterEquity's impact worldwide.

Gateway Expands Private Wealth Division

Retrieved on: 
Tuesday, April 9, 2024
Banking, Personal Finance, Professional Services, Finance, Chartered, Gateway, Business development, LPL Financial, LPL, Trust, First Bank, FINANCIAL

Gateway First Bank, one of the largest banking operations in Oklahoma, recently expanded Gateway Private Wealth services through a relationship with LPL Financial, a wealth management firm.

Key Points: 
  • Gateway First Bank, one of the largest banking operations in Oklahoma, recently expanded Gateway Private Wealth services through a relationship with LPL Financial, a wealth management firm.
  • LPL Financial is an industry-leading firm that helps financial institutions build exceptional wealth management programs to better serve their communities—and help their clients thrive.
  • “We are excited that Josh has joined our growing team of financial professionals at Gateway.
  • Private Wealth will complement our already robust commercial, retail banking, and mortgage banking businesses and help us continue to expand our footprint in the communities we serve,” said Crouse.

Greystone Real Estate Capital Adds Key Hires to LIHTC Platform

Retrieved on: 
Monday, March 18, 2024
Real estate, Providence College, Boston University, Negotiation, Investment management, University, WNC, Growth, Veteran, Team leader, Assistant, PNC Financial Services, Methodist University, Capital One, Business, Business administration, Chartered, CRA, Capital, PNC, Senior, Credit, Investment, Housing, Disability, Marketing, FINRA, QAP, Boston, Salve Regina University, Security (finance)

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) Syndication Platform, Greystone Real Estate Capital, has added four senior members to its team.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) Syndication Platform, Greystone Real Estate Capital, has added four senior members to its team.
  • “It’s gratifying to grow a team of committed professionals who have such deep experience in affordable housing equity and finance, and we are energized to make an impact on the sector as we develop Greystone’s LIHTC syndication platform,” said Mr. Greg Voyentzie, head of Greystone Real Estate Capital.
  • Mr. Egidi, with over 15 years of affordable housing industry experience, is responsible for asset selection, fund placement, structuring, marketing, and management of institutional investor relationships for Greystone Real Estate Capital.
  • Mr. Gordon, bringing over 12 years of affordable housing experience, provides Credit & Underwriting direction and guidance for all of Greystone Real Estate Capital’s investments.

Kerrick Henderson at The Michalzuk Group at Morgan Stanley Receives CHARTERED FINANCIAL ANALYST® Designation

Retrieved on: 
Wednesday, April 3, 2024
Professional Services, Finance, Consulting, Asset Management, Banking, Personal Finance, CFA Institute, Trust, Chartered, Wealth, Wealth management, Morgan Stanley Wealth Management, Insurance, Morgan Stanley, CFA, Curriculum, Retirement, Economics, SIPC, Financial services

Morgan Stanley (NYSE: MS) today announced that Kerrick Henderson, a Private Wealth Advisor with The Michalzuk Group has earned the Chartered Financial Analyst® (CFA® ) designation.

Key Points: 
  • Morgan Stanley (NYSE: MS) today announced that Kerrick Henderson, a Private Wealth Advisor with The Michalzuk Group has earned the Chartered Financial Analyst® (CFA® ) designation.
  • Kerrick Henderson, CFA and his partner Kevin Michalzuk, formed The Michalzuk Group to simplify the complexities of multi-generational wealth for the 12 enterprising families they serve.
  • Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
  • Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.

DoiT Appoints Jake Kaldenbaugh as VP of Corporate Development and Investments

Retrieved on: 
Tuesday, March 19, 2024
Software, Technology, Professional Services, Finance, Negotiation, Growth, Chartered, Mapletree Investments, Chartered Financial Analyst, LLP, Acquisition, CA Technologies, Architecture, CFA, DevOps, Investment, Cloud computing, Accenture, Arthur Andersen, Management

DoiT International (DoiT), a leading provider of intelligent FinOps technology and unrivaled cloud expertise, today announced the appointment of Jake Kaldenbaugh to vice president, corporate development and investments.

Key Points: 
  • DoiT International (DoiT), a leading provider of intelligent FinOps technology and unrivaled cloud expertise, today announced the appointment of Jake Kaldenbaugh to vice president, corporate development and investments.
  • In this new role, Kaldenbaugh will help drive DoiT’s next stage of growth in cloud management by creating and executing strategic acquisition and investment strategies.
  • “As we look to build a robust M&A program and integration capability, I’m thrilled to welcome Jake to the DoiT team,” said Vadim Solovey, CEO at DoiT.
  • “DoiT has demonstrated excellent business momentum in recent years, and I’m excited to further accelerate this growth through strategic M&A and expansion opportunities,” said Kaldenbaugh.

Fiduciary Trust International Welcomes Two Industry Leaders to Radnor Office

Retrieved on: 
Wednesday, March 13, 2024
Professional Services, Business, Finance, Asset Management, Consulting, Accounting, NatWest Markets, Growth, Franklin Templeton Investments, Chartered, State university system, Business administration, Temple University, Research, Tower Bridge, Schröder, Mid-Atlantic (United States), Delaware Valley, MBA, American Rhododendron Society, IMS, CFA, Fiduciary Trust Company International, Ohio State University, Economics, Management

"The Mid-Atlantic region remains a vital growth market for us, and we're proud that our clients trust us to provide top-notch service and personalized solutions tailored to their needs," said Julie Strong Karnavas, Fiduciary Trust International regional managing director for the Radnor office.

Key Points: 
  • "The Mid-Atlantic region remains a vital growth market for us, and we're proud that our clients trust us to provide top-notch service and personalized solutions tailored to their needs," said Julie Strong Karnavas, Fiduciary Trust International regional managing director for the Radnor office.
  • Maris and Jeff exemplify wealth management excellence, aligning perfectly with our commitment to setting the bar for industry standards.
  • He joins Fiduciary Trust International from The Haverford Trust Company, where he managed relationships with more than 100 clients, including charitable and for-profit institutions, high-net-worth and ultra-high-net-worth individuals, and family offices.
  • "I am honored to join Fiduciary Trust International, a firm renowned for its commitment to excellence and its dedication to providing exceptional service to clients,” said Mr. Bagley.

The Stephens Group Promotes Allie Laborde and Ryan Morrow to Managing Director

Retrieved on: 
Tuesday, March 12, 2024
Venture Capital, Finance, Banking, Professional Services, Asset Management, Stephens Inc., Software as a service, Assistant, CFO, Chartered, Research, Exigent circumstance, Business development, Corporate finance, Mr. Cooper, Management

The Stephens Group, LLC (“The Stephens Group” or the “Company”) is pleased to announce the promotions of Allie Laborde to Managing Director – Business Development and Ryan Morrow to Managing Director.

Key Points: 
  • The Stephens Group, LLC (“The Stephens Group” or the “Company”) is pleased to announce the promotions of Allie Laborde to Managing Director – Business Development and Ryan Morrow to Managing Director.
  • Prior to joining The Stephens Group, Allie was a Vice President at The Halifax Group where she sourced and originated new transactions.
  • Prior to joining The Stephens Group, Ryan spent nearly a decade in various leadership roles in venture capital and private equity backed technology companies.
  • Witt Stephens, Chairman and CEO of The Stephens Group, said, “Allie and Ryan’s unwavering dedication and exemplary performance have earned them this distinction.

SCHOOL BUS WORKERS IN BEDFORD ORGANIZE WITH TEAMSTERS

Retrieved on: 
Tuesday, April 2, 2024
Local, STA, Chartered, Workplace, Student Transportation Inc., Transport, International Brotherhood of Teamsters

BEDFORD, N.H., April 2, 2024 /PRNewswire/ -- Bus drivers and monitors at Student Transportation of America (STA) in Bedford have voted overwhelmingly to join Teamsters Local 633. The 55 workers provide student transportation for the Bedford School District.

Key Points: 
  • BEDFORD, N.H., April 2, 2024 /PRNewswire/ -- Bus drivers and monitors at Student Transportation of America (STA) in Bedford have voted overwhelmingly to join Teamsters Local 633.
  • The 55 workers provide student transportation for the Bedford School District.
  • "Congratulations to STA Bedford workers for making their voices heard and securing Teamsters representation," said Jeff Padellaro, Secretary-Treasurer of Local 633 in Manchester.
  • We are proud to welcome another group of bus workers to Local 633 and we are looking forward to helping them secure their first Teamsters contract."