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Banking & Finance

Strategizing for retirement as lifespans grow longer

Rules of thumb are helpful, but only provide a baseline
April 27, 2017
Michael Maehl
Making the transition from earning money to spending money when you first stop working is tricky, especially if you're healthy and eager to enjoy all that new free time. The nice thing about work is that it keeps you from spending money. Remember, retir
Read More
—LeAnn Bjerken

Women face unique challenges in retirement planning

Experts say inadequate guidance partly to blame
April 27, 2017
LeAnn Bjerken
In preparing for retirement, women face some particular challenges that men don't, which is why experts here say it's still important to follow the old standby advice: Start planning and saving early. 'We really do our daughters and granddaughters
Read More

Inland Northwest stock composite sees small dip

Half of listed companies had gains in market cap
April 27, 2017
Hart Capital Management Inc., of Spokane, says the composite value of the 10 publicly traded Inland Northwest companies dipped slightly to $10.8 billion in the first quarter of 2017, a decrease of $79 million, or 2 percent, from the previous quarter. The
Read More

Inland Northwest Bank parent's acquisition to expand company's footprint

Combined institutions' assets to be $770 million
April 13, 2017
Staff Report
Spokane-based Northwest Bancorporation Inc., the holding company of Inland Northwest Bank, soon will expand the bank's footprint into the Columbia River Gorge and the Portland metropolitan area if all goes as planned, representing a significant geograph
Read More

Fiduciary rule discussion raising expectations

Effect has been beneficial, even if ruling is overturned
April 13, 2017
Rob Blume
Last year, the Department of Labor issued a new ruling requiring that most financial professionals who provide advice on retirement investments must act as fiduciaries, meaning that they are legally and ethically required to act in the best interest of th
Read More
—LeAnn Bjerken

WSU adds to research, innovation capabilities in Spokane

New commercialization office hire staying busy
April 13, 2017
LeAnn Bjerken
Washington State University's Office of Commercialization has added a new position to the university's Spokane campus, establishing its first point of contact here for researchers hoping to develop and market new technologies in life science fields.
Read More
—LeAnn Bjerken

Advisors Mortgage duo embraces team approach

Lenders cite market impact of low inventory, rising rates
April 13, 2017
LeAnn Bjerken
As the Spokane real estate market continues to heat up, lenders here at The Advisors Mortgage Co. say they're preparing for added competition in mortgage loans. 'The current market is definitely a seller's market,” says Blaine Rolstad, branch ma
Read More
—Kevin Blocker

Post acquisition, Merriman Wealth mines for clients in Spokane

Company absorbed former Summit Capital last year
April 13, 2017
Traditionally, journalists haven't been recognized as a financially savvy lot; however, one local financial adviser points to a one-time business columnist for the publication Barron's Magazine as having helped him shape his long-term investment strat
Read More

Riding the cycles: Monitor rates, stay diversified

Long-term results moot if you falter in short term
April 13, 2017
Michael Maehl
Currently, we're trading near the all-time highs of the U.S. stock market, while the bond market continues near its all-time lows. This cyclicality aspect of the markets is leading many to conclude that the time may be coming near for them to trade plac
Read More

Wheatland Bank expands its mortgage division

30 percent increase in total staff anticipated this year
April 13, 2017
Mike McLean
Spokane-based Wheatland Bank has expanded its mortgage division downtown. The home loan division, led by Troy Sims, senior vice president and director of residential lending services, has a team of 15, including six residential lenders and support staff,
Read More
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