SWP | Jotup

Strategic Wealth Partners to Join Kovitz

Retrieved on:

Tuesday, April 2, 2024

Legal, Insurance, Finance, Consulting, Banking, Accounting, Professional Services, Small Business, Asset Management, Principal, Entrepreneurship, Partnership, SWP, Retirement

Focus Financial Partners Inc. (“Focus”), a leading partnership of fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which its partner firm Strategic Wealth Partners Group , LLC (“SWP”), based in Deerfield, Illinois, will formally join Focus “hub” firm Kovitz Investment Group Partners , LLC (“Kovitz”).

Key Points:

Focus Financial Partners Inc. (“Focus”), a leading partnership of fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which its partner firm Strategic Wealth Partners Group , LLC (“SWP”), based in Deerfield, Illinois, will formally join Focus “hub” firm Kovitz Investment Group Partners , LLC (“Kovitz”).
This transaction is expected to close in the second quarter of 2024, subject to customary closing conditions.
SWP specializes in delivering wealth strategies, independent advice and personalized service to high-net-worth individuals and families as well as retirement plan sponsors.
“We are continually looking for ways to manage complexity and deliver simplicity for our clients,” said Neal Price, Principal & Co-Founder of Strategic Wealth Partners.

SEI Launches Advanced Multi-Custody Capability for U.S. Wealth Management Clients

Retrieved on:

Thursday, March 21, 2024

Organization, Private banking, Aggregation, SWP, Financial services

OAKS, Pa., March 21, 2024 /PRNewswire/ -- SEI® (NASDAQ:SEIC) today announced that U.S. wealth managers utilizing the SEI Wealth PlatformSM (SWP) can view and manage assets custodied with third parties through an advanced integration with SWP's proprietary core accounting engine. SEI's enhanced technology combined with the strength of its operational processing and reconciliation services enables the enhanced aggregation of high-fidelity data.

Key Points:

OAKS, Pa., March 21, 2024 /PRNewswire/ -- SEI ® (NASDAQ:SEIC) today announced that U.S. wealth managers utilizing the SEI Wealth PlatformSM (SWP) can view and manage assets custodied with third parties through an advanced integration with SWP's proprietary core accounting engine.
The SEI Wealth Platform's multi-custody capability not only empowers our clients to better serve their customers, but it can also create opportunities for them to gain new customers without requiring them to migrate custody of their assets.
We're excited to help our clients continue to transform their organizations and power the future of wealth."
Six U.S. wealth management clients are utilizing this capability through SWP, with more than a dozen preparing for future deployment.

Tejon Ranch Co. Announces Fourth Quarter and Year-Ended December 31, 2023 Financial Results

Retrieved on:

Wednesday, March 6, 2024

Centennial, Growth, TRC, Table, SWP, Adjustment, Income tax, GAAP, GLA, State, TRCC, Video game

TEJON RANCH, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the fourth quarter and year-ended December 31, 2023.

Key Points:

TEJON RANCH, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the fourth quarter and year-ended December 31, 2023.
Factors behind this change included:
Commercial/industrial segment revenues decreased $5.3 million, or 63%, when compared with the fourth quarter in 2022, primarily attributable to the absence of a land contribution in the fourth quarter 2023.
Tejon Ranch Co. provides Adjusted EBITDA, a non-GAAP financial measure, because it offers additional information for monitoring the Company's cash flow performance.
The Company also will continue to invest in its residential projects, including Mountain Village at Tejon Ranch, Centennial at Tejon Ranch and Grapevine at Tejon Ranch.

Colorado River Online Tools Offer Insight for Local Residents

Retrieved on:

Thursday, February 22, 2024

Life, Social media, Water supply, California State Water Project, RWD, State, SWP, Water, Dam

ROWLAND HEIGHTS, Calif., Feb. 22, 2024 /PRNewswire/ -- Rowland Water District (RWD) has launched a Colorado River public outreach campaign, helping customers learn more about their water and where it comes from.

Key Points:

It delves into the complexities of our water delivery system and how Southern California residents, including those in the RWD service area, are impacted by the Colorado River.
The Colorado River is a core piece of the water supply in California, providing water to areas such as San Diego, Orange County, Los Angeles, Ventura, San Bernardino and Riverside.
RWD, along with other Southern California districts, has historically relied on a combination of State Water Project (SWP) allocations and Colorado River water to supply its customers.
Go to https://rwdlegupdates.org/colorado-river/ to visit the campaign and learn more about the Colorado River.

SEI Reports Fourth-Quarter 2023 Financial Results

Retrieved on:

Wednesday, January 31, 2024

Strategist, Growth, International, Telephone, AMD, Interest, Investment, SWP, LSV, Asset, Acquisition, Video game

Revenues from Information processing and software servicing fees increased from new client conversions and growth from existing SEI Wealth PlatformSM (SWP) clients.

Key Points:

Revenues from Information processing and software servicing fees increased from new client conversions and growth from existing SEI Wealth PlatformSM (SWP) clients.
Net sales events for newer initiatives, which includes SEI Sphere, were $1.3 million during the fourth-quarter 2023.
Capitalized software development costs were $7.4 million in the fourth-quarter 2023, of which $4.5 million was for continued enhancements to SWP.
Repurchased shares of SEI common stock were 1.2 million for $68.9 million during the fourth-quarter 2023 at an average price of $58.08 per share.

High-Voltage, Automotive-Compliant, Hall-Effect Latches from Diodes Incorporated Provide Improved Resistance to Physical Stress

Retrieved on:

Tuesday, December 19, 2023

Diodes Incorporated (Diodes) (Nasdaq: DIOD) adds the AH371xQ series of high-voltage Hall-effect latches to its product portfolio.

Key Points:

Diodes Incorporated (Diodes) (Nasdaq: DIOD) adds the AH371xQ series of high-voltage Hall-effect latches to its product portfolio.
They are used for brushless DC (BLDC) motor control, valve operation, linear and incremental rotary encoders, and position-sensing functions.
These Hall-effect latches have an operating voltage range from 3V to 27V, with 40V load dump protection.
These new automotive-compliant Hall-effect latches from Diodes are AEC-Q100 Grade 0 qualified, manufactured in IATF 16949 certified facilities, and support PPAP documentation.

Tejon Ranch Co. Announces Third Quarter 2023 Financial Results

Retrieved on:

Tuesday, November 7, 2023

TEJON RANCH, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three- and nine-months ended September 30, 2023.

Key Points:

TEJON RANCH, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three- and nine-months ended September 30, 2023.
Tejon Ranch Co. provides Adjusted EBITDA, a non-GAAP financial measure, because management believes it offers additional information for monitoring the Company's cash flow performance.
The Company also will continue to invest in its residential projects, including Mountain Village at Tejon Ranch, Centennial at Tejon Ranch and Grapevine at Tejon Ranch.
The current subjective production estimate for the 2023 California almond crop is 2.6 billion pounds which is consistent with 2022.

SEI Reports Third-Quarter 2023 Financial Results

Retrieved on:

Wednesday, October 25, 2023

Asset, Investment, Public sector banks in India, SEI, International, LSV, AMD, SWP, Telephone, Million Pound Menu, Strategist, NISA Investment Advisors, Bank, Financial adviser, Video game

Market appreciation and positive cash flows into separately managed account programs and Strategist programs during 2023 also contributed to the increase in revenues.

Key Points:

Market appreciation and positive cash flows into separately managed account programs and Strategist programs during 2023 also contributed to the increase in revenues.
Capitalized software development costs were $8.5 million in third-quarter 2023, of which $4.3 million was for continued enhancements to the SEI Wealth PlatformSM.
Capitalized software development costs also include $4.2 million in third-quarter 2023 for a new platform for the Investment Managers segment.
Repurchased shares of SEI common stock were 1.4 million for $86.0 million during the third-quarter 2023 at an average price of $61.43 per share.

LeafMon! - an Innovative Non-Invasive Crop Monitoring System Developed by Cermetek Microelectronics, Inc., Has Received a Phase II Federal Grant to Commercialize This New Technology

Retrieved on:

Wednesday, October 11, 2023

Transfer, Acquisition, UC, Digimon Adventure, WUE, Small Business Innovation Research, University, SWP, USDA, University of California, Davis, Research, SAN, Natural Resources, Small business, Distinguishing, Water, SBIR, Agriculture, Pharmaceutical industry

Cermetek's technology was one of only 42 projects selected to receive Phase II funding.

Key Points:

Cermetek's technology was one of only 42 projects selected to receive Phase II funding.
Cermetek's LeafMon system is based on patented technology originally developed by a research team at University of California, Davis under the guidance of Distinguished Professor Shrinivasa Upadhyaya.
Specifically, the LeafMon system provides an innovative irrigation Plant-based Water Stress Index (PWSI) metric that goes beyond traditional soil moisture measurements and ETC (evapotranspiration) guides.
UC Davis issued an exclusive license to Cermetek for the use of this technology.

Strategic Wealth Partners Announces Partnership with My Personal Bookkeeper

Retrieved on:

Tuesday, October 3, 2023

SWP, Partnership, Professional, MBP, Principal, Focus Financial Partners, Financial management, MPB, Marketing

DEERFIELD, Ill., Oct. 3, 2023 /PRNewswire-PRWeb/ -- Strategic Wealth Partners Group, LLC, an independently managed wealth management firm with offices in Chicago and Milwaukee, announced today that it has entered into a partnership with My Personal Bookkeeper.

Key Points:

Strategic Wealth Partners Group, LLC, announced today that it has entered into a partnership with My Personal Bookkeeper.
DEERFIELD, Ill., Oct. 3, 2023 /PRNewswire-PRWeb/ -- Strategic Wealth Partners Group, LLC, an independently managed wealth management firm with offices in Chicago and Milwaukee, announced today that it has entered into a partnership with My Personal Bookkeeper.
"Strategic Wealth Partners was founded to help clients manage the complexities of their financial life," said Neal Price, Principal and Co-Founder of Strategic Wealth Partners.
Strategic Wealth Partners is a part of Focus Financial Partners , a partnership of independently managed wealth management firms.