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Banking & Finance

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Adviser AI: Technology’s role in financial management

Machine learning expected to assist, not threaten, say INW investment managers
November 9, 2023
Dylan Harris

As artificial intelligence technology continues to evolve, it’s expected to improve efficiency for financial advisers, allowing them more time to build relationships with their clients, some advisers here say.


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Giving appreciated stock can have tax benefits

Donor-advised funds strategy can enable multiyear deductions
October 26, 2023
Beau Ruff
Giving appreciated stock in a company might be the right path for a business owner who is looking toward selling interest in a business with an inclination toward charitable giving and a desire to save money on taxes. For an explanation based on an
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Private donors help fill health care revenue gap

Pandemic has changed fundraising to smaller, more personal activities
October 26, 2023
Colleen Fox
Most nonprofit organizations rely on the generosity of their neighbors to fulfill their mission, and health care is no different. Private donations help fill the gap between revenue and the rest of the operating budget.
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Dollars up, donors down at INW universities

Record-setting gift totals at INW universities have originated from fewer contributors
October 26, 2023
Erica Bullock
Despite a record-breaking year for donations at some Spokane-area universities, many higher education institutions are facing a decline in donor numbers-a worrying trend for the continued sustainability of major gifts, some university leaders here say.
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Karina Elias

Re*Imagine Medical Lake steps in for wildfire victims

Nonprofit pivots focus to residents devastated by summer's Gray Fire
October 26, 2023
Karina Elias
In the aftermath of the Gray Fire that destroyed 240 homes in and around Medical Lake over the summer, Re*Imagine Medical Lake has partnered with the city, churches, businesses, and other nonprofits to coordinate resources available for the victims, says
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Supreme Court's 'apex' ruling has Spokane roots

CEOs, high-ranking execs aren't exempt from being deposed in civil actions, state's highest court rules
October 12, 2023
Karina Elias
In a recent Washington state Supreme Court ruling, the state high court declined to adopt the so-called apex doctrine-a practice that sometimes grants high-ranking executives immunity from being deposed due to their position.
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Letter of intent designed to protect seller, buyer

Hidden risks can surface without such document
September 28, 2023
Beau Ruff
Individuals seeking to start or grow a business often look to acquisition strategies to achieve those goals. Once a prospective buyer has identified a potential business to acquire, and once the buyer has engaged in preliminary talks with
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Conduct financial 'fire drill' to test retirement plan

Disasters underscore importance of ensuring income expectations
September 28, 2023
Sarah Carlson
Here in the Inland Northwest, we are recovering from our fire season. Many community members were displaced, and some lost their homes in the Gray and Oregon Road wildfires. What would your life be like if you
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2023 Rising Star Brandon Rose: Pulling double duty pays dividends

Community-focused work brings success
September 14, 2023
Having one person manage two branches of Washington Trust Bank isn't a normal operating procedure for the company, but 32-year-old branch manager Brandon Rose was not slow to volunteer his skills and fulfill both roles when he saw a need in the company.
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Living will, power of attorney can protect wishes

Health directives often are used in combination as part of estate plans
September 14, 2023
Beau Ruff
Are you confused about the health care directive? Is it the same as a power of attorney for health care? And what about a living will, do-not-resuscitate order, or portable order of life-sustaining treatment? These concepts can be confusing when it
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