Chartwell

Partners Personnel Acquires Chartwell Staffing

Retrieved on: 
Thursday, October 5, 2023
Partnership, Organization, Chartwell, Workforce, Acquisition, Growth, Partner, Retail

SANTA BARBARA, Calif., Oct. 5, 2023 /PRNewswire/ -- Partners Personnel is delighted to announce its acquisition of Chartwell Staffing.

Key Points: 
  • "We welcome the Chartwell team wholeheartedly into the Partners Personnel family," Partners Personnel CEO Paul Sorensen said.
  • Partners Personnel was ranked 14th largest, and Chartwell Staffing was ranked as the 28th largest US Industrial Staffing firm in 2022 by Staffing Industry Analysts.
  • Chartwell Staffing COO Jack Madden said: "Joining forces with Partners Personnel is a remarkable opportunity.
  • Partners Personnel and Chartwell Staffing are committed to ensuring a seamless transition for clients, colleagues, and associates during this exciting period of growth and expansion.

First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2023 Distribution

Retrieved on: 
Friday, September 29, 2023
Professional Services, Finance, AIB (NI), Uncertainty, Total return swap, ERISA, Federal, Net asset value, COVID-19, Calendar, Infection, Risk, Terrorism, Movement, Judgement, Internal Revenue Code, FTP, Federal Reserve, Notice, Investment, Internal Revenue Code section 409A, FINRA, Chartwell, Fund, FTA, Life insurance, Cryptocurrency, Financial adviser, Bank, Security (finance)

(2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • (2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Enhanced Equity Income Fund

Retrieved on: 
Tuesday, September 26, 2023
Professional Services, Finance, AIB (NI), Uncertainty, New York Stock Exchange, ERISA, Federal, Partner, COVID-19, Infection, Risk, Terrorism, Movement, Judgement, Internal Revenue Code, FTP, Federal Reserve, Investment, FFA, Internal Revenue Code section 409A, FINRA, Chartwell, Fund, NYSE, FTA, Financial adviser, Security (finance), Bank

First Trust Advisors L.P. ("FTA") announced today that Chartwell Investment Partners LLC ("Chartwell"), investment sub-advisor for First Trust Enhanced Equity Income Fund (NYSE: FFA) (the "Fund"), will release an update on the market and the Fund for financial professionals and investors.

Key Points: 
  • First Trust Advisors L.P. ("FTA") announced today that Chartwell Investment Partners LLC ("Chartwell"), investment sub-advisor for First Trust Enhanced Equity Income Fund (NYSE: FFA) (the "Fund"), will release an update on the market and the Fund for financial professionals and investors.
  • The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity securities.
  • The firm is a research-based equity and fixed-income manager with a disciplined, team-oriented investment process.
  • The Fund may write (sell) covered call options on all or a portion of the equity securities held in the Fund's portfolio.

First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.315 Per Share

Retrieved on: 
Monday, September 11, 2023
Professional Services, Finance, AIB (NI), Uncertainty, New York Stock Exchange, Plan, ERISA, Federal, Hedge fund, Policy, COVID-19, Infection, Risk, Terrorism, Movement, Judgement, Internal Revenue Code, FTP, Federal Reserve, Investment, FFA, Trustee, Internal Revenue Code section 409A, FINRA, Security (finance), Chartwell, NYSE, FTA, Life insurance, Financial adviser, Bank, Fund

First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share.

Key Points: 
  • First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share.
  • Under the Plan, the Fund intends to pay a quarterly distribution in the amount of $0.315 per share.
  • This distribution will consist of net investment income earned by the Fund and may also consist of return of capital and/or realized capital gains.
  • The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity securities.

MVB Financial Corp. Announces Second Quarter 2023 Results

Retrieved on: 
Thursday, July 27, 2023
Banking, Professional Services, Finance, Risk-weighted asset, FHLB, Risk management, Current Expected Credit Losses, GAAP, Core, Sale, Government, Compact disc, MVB, NIB, Risk, Investment, Capital, As a service, Growth, First Franklin Financial Corp., Chartwell, CRE, Environment, Bank, Pharmaceutical industry, Life insurance, Rare-earth element, Video game, Cryptocurrency, Fed

MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the second quarter of 2023, with reported net income of $8.1 million, or $0.64 basic and $0.63 diluted earnings per share.

Key Points: 
  • MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the second quarter of 2023, with reported net income of $8.1 million, or $0.64 basic and $0.63 diluted earnings per share.
  • The tax-equivalent yield on loans was 6.7% for the second quarter of 2023, compared to 6.6% for the first quarter of 2023 and 5.1% for the second quarter of 2022.
  • The cost of funds was 2.26% for the second quarter of 2023, up from 1.61% for the first quarter of 2023 and 0.22% for the second quarter of 2022.
  • The Company issued a quarterly cash dividend of $0.17 per share for the second quarter of 2023, consistent with the first quarter of 2023 and the second quarter of 2022.

ComEd Community Energy Assistance Ambassador Program Earns National Recognition

Retrieved on: 
Thursday, July 20, 2023
Other Energy, Utilities, Oil, Gas, Professional Services, Small Business, Philanthropy, Energy, Fund Raising, Other Philanthropy, Commonwealth Edison, Employment, CEAA, Education, Marketing, Sustainable community energy system, COVID-19, Electricity, CBA, Chartwell, Management, Video game, Exelon, Research

ComEd won Chartwell’s 2023 Best Practices Bronze Award in the category of Serving Vulnerable Customers for its Community Energy Assistance Ambassador (CEAA) program.

Key Points: 
  • ComEd won Chartwell’s 2023 Best Practices Bronze Award in the category of Serving Vulnerable Customers for its Community Energy Assistance Ambassador (CEAA) program.
  • This effort contributed to ComEd helping connect more than 87,000 eligible customers to more than $26 million in bill assistance during the first quarter of 2023.
  • For ComEd, this is the largest amount of assistance provided – and second-largest number of customers supported – for any first quarter dating back to at least 2019.
  • To increase education about available resources, ComEd and CBA hired individuals who live and work within these same communities to foster relationships and educate customers about energy assistance programs available.

First Trust Enhanced Equity Income Fund Issues Notice Regarding June 2023 Distribution

Retrieved on: 
Friday, June 30, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, Loss, Total return swap, ERISA, Net asset value, COVID-19, Calendar, Infection, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Notice, Investment, Internal Revenue Code section 409A, FINRA, Chartwell, Fund, FTA, Disease, Life insurance, Financial adviser, Bank, Security (finance)

(2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • (2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Chartwell Hospitality and Rockbridge Break Ground on Three Hotel Portfolio in Middle Tennessee

Retrieved on: 
Friday, June 30, 2023
Architecture, Commercial Building & Real Estate, Vacation, Lodging, Construction & Property, Destinations, Travel, Interstate 65, Hospitality, Old Hickory Boulevard, Construction, Nashville International Airport, BNA, TownePlace Suites, Home2 Suites by Hilton, Interstate Highway System, Chartwell, St. Thomas Hospital, Hotel

Chartwell Hospitality and Rockbridge today announced they are expanding premium hospitality options in Middle Tennessee by developing three new hotels in high-growth neighborhoods.

Key Points: 
  • Chartwell Hospitality and Rockbridge today announced they are expanding premium hospitality options in Middle Tennessee by developing three new hotels in high-growth neighborhoods.
  • With the influx of people and businesses, the Middle Tennessee area is in high demand for a variety of lodging options,” said Will Schaedle, Executive Vice President of Chartwell Hospitality.
  • Chartwell Hospitality and Rockbridge partnered on all three, new hotel developments.
  • Chartwell and Rockbridge are also partners on the 298-room Hilton at Nashville International Airport (BNA).

Compensation Survey Reveals Banks' Growing Concerns Around Incentive Pay, Hiring Talent & Succession Planning

Retrieved on: 
Tuesday, June 20, 2023
World Bank Director-General Evaluation, National Compensation Survey, Bank, Chartwell, High reliability organization, Environment, Research, Risk, Management, Tutoring

NASHVILLE, Tenn., June 20, 2023 /PRNewswire/ -- Bank Director, the leading information resource for directors and officers of financial institutions nationwide, released the results of its 2023 Compensation Survey, sponsored by Chartwell Partners. The findings reveal that a growing number of bank leaders have increased concerns around compensation, attracting and retaining talent, and succession planning.

Key Points: 
  • The findings reveal that a growing number of bank leaders have increased concerns around compensation, attracting and retaining talent, and succession planning.
  • The hiring environment remains tough and compensation costs have continued to climb, but many bank leaders have stayed focused on aligning pay with performance.
  • "Those remain important concerns, but incentive compensation has been thrust back into the limelight on the heels of recent bank failures, as regulators focus on aligning compensation and risk."
  • Compensation data for directors, non-executive chairs and CEOs was also collected from the proxy statements of 102 publicly traded banks.

First Trust Enhanced Equity Income Fund Declares its Quarterly Distribution of $0.315 Per Share

Retrieved on: 
Monday, June 12, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Plan, Loss, ERISA, Hedge fund, Policy, COVID-19, Infection, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Investment, FFA, Trustee, Internal Revenue Code section 409A, FINRA, Security (finance), Chartwell, NYSE, FTA, Disease, Life insurance, Financial adviser, Bank, Fund

First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share.

Key Points: 
  • First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.315 per share.
  • Under the Plan, the Fund intends to pay a quarterly distribution in the amount of $0.315 per share.
  • This distribution will consist of net investment income earned by the Fund and may also consist of return of capital and/or realized capital gains.
  • The Fund seeks to achieve its investment objective by investing in a diversified portfolio of equity securities.