Banking & Finance

Private equity, lenders, investments, credit unions and financial planning

ARTICLES

Trust law keeps assets from creditors

Michigan joins 16 other states in allowing Domestic Asset Protection Trusts, which reduce estate tax liability.

February 24, 2017
For wealthy individuals and those in high-risk professions, asset protection and estate tax avoidance in Michigan just got a bit easier. Read More

Bank signs lease to anchor downtown landmark

February 23, 2017
A bank is set to be the anchor tenant of a newly renovated downtown building. Read More

Retailer closing stores

February 23, 2017
A Grand Rapids-based retailer with locations across the region and nation is shutting down after 85 years. Read More

Rehabilitation company reaches settlement

February 23, 2017
A local physical rehabilitation company has agreed to pay a former investment advisor nearly $1.1 million as part of a settlement. Read More

Auto aftermarket supplier sells to private equity firm

February 22, 2017
A maker of aftermarket auto parts and lubricants in the region has been sold to a private equity firm. Read More

Bank appoints COO

February 20, 2017
A bank in the region has promoted an executive to oversee its operations. Read More

Downtown Market says it’s on ‘solid footing’

Despite twice requesting extensions on $3-million loan from state, market’s CEO and president claims it is ‘financially sustainable.’

February 17, 2017
Despite having twice requested extensions on its $3-million loan with the state of Michigan, Mimi Fritz of the Grand Rapids Downtown Market said the Grand Action and Downtown Development Authority-backed venture is financially sustainable and doing well. Read More

Fast-growing investment firm looks to the future

FormulaFolio Investments lands on Inc. lists, doubles its downtown footprint — and now aims for certified B Corp. status

February 17, 2017
For Ryan Wenk, watching FormulaFolio Investment’s year-over-year growth has been like witnessing a car traveling at full speed. Read More

Retailer liquidating all stores

February 17, 2017
A Grand Rapids-based retailer is liquidating $110 million worth of goods. Read More

Venture capital firm raising $50M fund

February 13, 2017
Two businessmen have launched a local venture capital firm for early stage Midwest companies. Read More