Feb. 21. The trial previously scheduled for defendants Marlin Hershey and Dana Bradley on March 13, has been moved to May 1 in the courtroom of Judge Frank Whitney. According to an indictment handed down by a federal grand jury in April, from approximately 2009 to 2021, Hershey and Bradley, both Cornelius residents, allegedly induced […]
May 13. United Community Banks has acquired FinTrust Capital Partners, a 13-year-old employee-owned investment advisory firm headquartered in Greenville, SC. As of March 31, FinTrust had assets under management of $2.0 billion. United has $18.6 billion in assets and 161 offices in Florida, Georgia, North Carolina, South Carolina and Tennessee. Local offices are in Huntersville […]
March 12. The NC Retirement Systems’ (NCRS) investment program is reporting more than $350 million in incremental cost-efficiencies. According to a recent CEM Benchmarking (CEM) report, the NCRS has the lowest investment costs of any state in the peer group analyzed for the report. Investment costs are broadly defined as the costs associated with making […]