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Banking & Finance

odd Radwick, president of Radwick Financial Group LLC, of Winthrop, Wash., is an insurance and financial adviser. He can be reached at 509.996.3425 and at  todd@radwickfinancial.com

Selling a business to create a retirement nest egg

Universal life policy can provide tax-free income
December 1, 2016
Todd Radwick
If you are like many business owners or professionals with a practice, you envision using the proceeds from the sale of your business someday to fund your retirement. You also may be investing in stocks, bonds, mutual funds, IRAs, or real estate, but the
Read More
—Mike McLean

Spokane financial advisers: Rein in scattered retirement accounts

Leaving funds with former employers delays planning
December 1, 2016
Mike McLean
Some financial advisers here say they're seeing a growing segment of people nearing retirement asking how to handle scattered retirement funds. Jerry Felts, principal at Jerry Felts CFP, of Spokane, says it's becoming more common to see clients with
Read More

Mirabeau office complex secures $6.8 million loan

Newmark Realty arranges 15-year term for borrower
November 17, 2016
Mike McLean
San Francisco-based Newmark Realty Capital Inc. has arranged $6.8 million in permanent financing for an office complex at 12825 E. Mirabeau Parkway, in Spokane Valley, says Demetri Koston, Newmark's Spokane-based vice president. The 118,000-square-foot
Read More

Northwest Farm Credit Services reports drop in net income

Co-op's capital level grows 5.2 percent
November 17, 2016
LeAnn Bjerken
Northwest Farm Credit Services, the Spokane-based agricultural lending cooperative, has reported third-quarter earnings of $62.7 million, down almost 6 percent from $66.6 million in the year-earlier quarter. The co-op's net income for the first three
Read More

Embezzlement lawsuit ruling favors Washington Trust Bank

Supreme Court says bank processed checks lawfully
November 17, 2016
The Washington state Supreme Court has ruled unanimously in a case involving Spokane-based Washington Trust Bank that a nonpayee's signature on the back of a check on behalf of other clients constitutes a legal endorsement of the check. The ruling stem
Read More

D.A. Davidson honors GU student investment team

Recognition includes cash award, expenses-paid trip
November 3, 2016
Staff Report
A team of Gonzaga University student investors has won the 2nd Annual Fred Dickson Memorial Award from D.A. Davidson & Co., the Great Falls, Mont.-based investment firm and the university announced last month.
Read More
—LeAnn Bjerken

Wealth management firm plans for lasting legacy

River Rock was started by third-generation adviser
November 3, 2016
LeAnn Bjerken
River Rock Family Wealth Management, an affiliate of Wells Fargo Financial Network, is only a year old but already is working to grow its services here. Tighe Smith, the firm's founder and managing director, says that as he works to help clients plan
Read More

Election shouldn't influence investment approach

'Wait-and-see' mode isn't necessary, history suggests
November 3, 2016
Michael Maehl
Personally, I can't wait for the election season to pass. There are few topics more emotionally charged than politics, whether you're a Republican, Democrat, Independent, Libertarian, or a player to be named later.  By the way, if you think this e
Read More
—Junior Achievement of Washington/North by Northwest

Raising financial literacy

Junior Achievement initiative to involve 1,900 kids here
November 3, 2016
Mike McLean
Junior Achievement will partner with Spokane Public Schools for the second year in presenting middle school students with a day of hands-on experience with financial challenges they'll likely face as adults. This school year, Junior Achievement Finance
Read More
—Kevin Blocker

Hart Capital's foray into Idaho

Investment firm now manages $300 million in assets
November 3, 2016
Spokane-based Hart Capital Management Inc. has opened an office in Coeur d'Alene, saying that 20 percent of its client base now is in North Idaho. The company expanded last month into a 2,200-square-foot office space on the main floor of McEuen Terrace
Read More
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