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Banking & Finance

Alliant acquires Coeur d'Alene-based employee-benefits company

Entire Advanced Benefits team expected to stay on
April 17, 2024
Journal of Business Staff

Alliant Insurance Services, an Irvine, California-based company with a presence in Spokane, has acquired Coeur d'Alene-based employee-benefits agency Advanced Benefits. 


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University of Idaho students assess risks, invest real money

Trading program helps prep finance majors
April 11, 2024
Karina Elias

Students in the Barker Capital Management and Trading program at the University of Idaho are getting exposure to investing and risk management by using real money provided through the $1 million Barker Endowment Fund. 


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Credit unions respond as fraud rises, sophisticates

Numerica, STCU among institutions to see new trends, types of scams
April 11, 2024
Dylan Harris

Reports of fraud are on the rise in Washington, and Spokane-area credit unions are taking notice.


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Michael Maehl

Rules can assist savers in remaining disciplined

Guidelines help avoid pitfalls of greed, fear
April 11, 2024
Michael Maehl

Retirement Income specialist Michael Maehl offers investment rules that have helped keep investors out of trouble over the long term.


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Washington Trust names new CEO

Heath becomes first person outside of Stanton family to lead 122-year-old company
April 8, 2024
Karina Elias

W.T.B. Financial Corporation, the holding company for Spokane-based Washington Trust Bank, has changed its leadership structure with four key transitions and promotions within the financial institution’s executive leadership team. 


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Meet & Greet: Tim Cassels, Chief Financial Officer, State Bank Northwest

March 28, 2024
Karina Elias

State Bank Northwest has appointed Tim Cassels, a 30-year veteran of the financial industry, as its newest chief financial officer. 


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Financial Trex sees rise in fee-only advising

Trend in industry moves from commission base
March 14, 2024
Karina Elias

Financial Trex has been offering fee-based financial planning for close to a decade, with a focus on the "sandwich" generation, middle-aged people caring for both parents and children. 


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Giving strategy can aid charity, reduce tax liability

Charitable lead trust can work as bridge to wealth transfer
March 14, 2024
Beau Ruff

A charitable lead trust can provide a stream of income to a charity of choice in addition to acting as a legally sanctioned wealth transfer technique.


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Michael Maehl

Investing at market peak still pays off over time

Cyclical highs usually followed year later by higher performance
March 14, 2024
Michael Maehl

History shows there’s little cause to fear investing at the peak of a market cycle for those who are investing for the long run.


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Former Woodbury adviser pleads guilty to investment fraud

Ronald Hannes sentenced to repay over $3M restitution
February 29, 2024
Erica Bullock

Former investment adviser Ronald W. Hannes has been sentenced to five years of probation and is required to pay restitution of $3.18 million.


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