Allica Bank’s Post

To kick off 2024, I’ve answered a few questions about Arbuthnot Latham and my role here, please see the article below. If anyone in my network would like to explore a private banking relationship, or knows someone who might, please do get in touch.

Did I mention it ... implementations can be hard! 🤖 A huge thank you to team Jovia Financial Credit Union, Evan Get, Dennis Klemenz, Robin Block, Casey Mauldin and the rest of the wonderful Jovia family! From the initial strategy sessions in person in Long Island, where we planned out the project goals, to a brief but unforgettable pause to enjoy Jovia Financial Credit Union's incredible Super Bowl ad earlier this year – the teamwork was phenomenal. Honestly, I feel so lucky to be working with y'all! We navigated every challenge -- yes, no implementation is challenge-free -- with precision and dedication, culminating in a successful launch. I wanted to express how grateful were are for the hour-long conversations around change, Processes and People. (Change)-managing Processes and People is equally as important as the technology solution itself. As Evan Get flatteringly stated, "I want to thank the Clutch team for working hard to make this launch error-free, a great technical achievement in my book!" Here's to more successful partnerships and celebrating every milestone along the way! 🚀 #Partnership #Teamwork #DigitalTransformation #CreditUnions

“As of December 31, 2023, there were 751 announced M&A transactions in the U.S. However, when the dust settles and all transaction announcements are made, 2023 will likely post the third highest announced transactions total in the history of the industry.” - Leaders Edge, insurance trade publication This kind of M&A activity is not where the industry needs to go. If we’re going to build an industry of the future, we need to build companies that recent college graduates and others want to work in, and where they can make a difference. That’s going to be hard to do if everyone is looking over their shoulder for the next round of M&A activity that, like the game of musical chairs, leaves them without a seat at the table. #insuranceindustry #independencematters bit.ly/3UKJnv9

We all wish Matthew Celenza and all our friends at Boulevard Family Wealth a happy seven-year anniversary celebrating your independence! We look forward to celebrating many more years of success and a rewarding partnership together. Our advisors are independent, but not alone. Boulevard Family Wealth is #PoweredByDynasty. #wealthmanagement #rias #ria #advisors #privatebanking #financeandeconomy #financialplanning #managementconsulting #privateequity #fintech

Happy Five-Year Anniversary to Joseph W. Powers, CFP®, CLU®, Steven Tenney, Helen Andreoli, Jack Piper, and all our friends at Great Diamond Partners! Here's to celebrating many more years of partnership and growth together. Cheers to the milestones achieved and those yet to come! Our advisors are independent but not alone. Great Diamond Partners is #PoweredByDynasty. #wealthmanagement #rias #ria #advisors #privatebanking #investmentbanking #financeandeconomy #financialplanning #managementconsulting #privateequity #fintech

It is footy season, and for fans, being a member of a club might matter. Feeling part of something, coming together as a community, having a chance to have a say and having a common goal all make up being a member. The same can be true in our banking system. At Transport Mutual Credit Union it was a group of like minded people who saw the value in a shared purpose many years ago and created the credit union. The origins of the organisation started almost 60 years ago and our the values that underpinned it remain true today. We are proud to support our Members into home ownership, saving for their future, and providing them with the tools and capability to invest in products that are energy efficient and so meet their needs for today and into the future. And there’s a whole lot more we do. Being a member of Transport Mutual Credit Union means so much.  As a member owned business, we don’t report to shareholders, we report to you.  We do make profit, but they’re invested back into providing you better products and services, so they stay with you and don’t go to a separate set of shareholders. At Transport Mutual Credit Union we are proud of our history and what we are building for the future. #memberowned #creditunions #customerowned #cooperatives #greenloans

Who is Paul Weightman and what is Corinthia Global Management? How did he convince 22 Barings employees to all resign at the same time on March 8th to join his new firm? Silas Brown, myself, and Esteban Duarte have some answers. For anyone wondering what happened to cause what Barings called one of asset management’s biggest corporate raids in years, check out our story on Bloomberg News' Big Take platform. This episode doesn't just say something about Barings and Corinthia, but tells us a lot about the war for talent within the growing private credit space. According to Weightman and others with knowledge of the matter, the Barings defectors have been seduced in part by the promise of equity in his firm, something that wasn’t on the menu at Barings. But it wasn't just the equity. Tensions at Barings' Global Private Finance division had been building for a while. Many in the team didn’t feel adequately backed by Barings and its owner, US insurer MassMutual, with some complaining of not getting full support for operational matters and recruitment. While about 80% of MassMutual’s investments in middle-market direct lending were done via Barings, it was also investing in outside private credit funds — another sore point. Meanwhile, many investors are furious, both with Barings for letting this happen and with the leavers for not letting on about their exodus. Read more here: https://lnkd.in/eykRvzBH And thank you to James Boxell for the edit! #privatecredit #privatedebt #finance #directlending

🌐 Elevate Your Business with Verity Credit Union 🌐 Tired of the endless headaches that come with managing your business? Let Verity be your solution! We've teamed up with local companies to bring you easy, convenient solutions for the back-end management of your business, so you can focus on what truly matters - growing and managing your business. Why choose Verity Credit Union for your business needs? ✅ We're local, just like you. ✅ Our partners are local businesses invested in your success. ✅ Let's all stay local together and thrive as a community. Don't see the specific assistance you need? No worries! Contact Our Business Services Team to explore personalized options tailored to your unique business requirements. Verity - building a stronger, local business community together! #VerityBusiness #LocalBusiness #BusinessSolutions #CommunityFirst Credit Union National Association City of Seattle CUInsight.com Seattle Business magazine Washington State University Forbes Financial Times

Three reasons to become the Young Dealmaker of the Year ⭐🏆 Few accolades bring as much buzz to the Thames Valley’s corporate finance community as the title of Young Dealmaker of the Year. Sponsored by YFM Equity Partners, this award is a well-loved fixture of any Thames Valley Deals Awards as it recognises the exceptional achievements of a young professional in completing deals and making significant contributions to the business landscape. Open to any nominees under the age of 35 who have worked primarily within the region, this is just one of 13 categories to be entered at this year’s black-tie gala event. With this always being such a hotly contested category as professionals from across the Thames Valley vie to be named the definitive Young Dealmaker of the Year for 2024, why should you throw your hat in the ring? Here are three reasons to get involved with this year’s event... Continue reading... https://lnkd.in/dC7SD9kT #TVDA24 #deals #finance #dealmaker #opportunity #youngprofessionals #awards #thamesvalley #businessnews #businessintelligence

This week I celebrate 30 years in the Credit Union system (with a short hiatus as an independent financial advisor). I started my career with Westminster Savings, working through mergers with other Credit Unions like Dogwood & Maple Ridge Credit Union and now they are Prospera Credit Union. I am now with Interior Savings where we have had several mergers with Spruce Credit Union, North Peace and this week, after a merger with Gulf & Fraser we are excited to launch Beem Credit Union after the culmination of so much work amongst so many people. Here are 3 reasons why I choose to work for a Credit Union: 1. Profits stay with Members (customers), the business or the Community. Credit Union's don't worry about quarterly shareholders calls, billionaire shareholders or quarterly dividend payments. They work closely with the community, sometimes as a main sponsor, and sometimes just closing our branches and quietly working at non-profits or at homes of vulnerable seniors on Credit Union day. To see just a small impact, ask someone about Interior Savings (now Beem) million dollar bursary. 2. We are owned by our customers (members). Some companies say they are customer first, but Credit Unions truly put their money where their mouth is. The entire board of directors and every owner of a Credit Union is a customer. When you are speaking to the board, you are speaking to customers. The member's voice is always top of mind and always heard. 3. The Culture. When you are owned by members and your leadership is entirely made up of members, as employees, we have the privilege of truly being member first. The great thing is that everyone you work along side with (and I have and currently do work with some amazing people) has the exact same passion and privilege of being member-centric. This culture does not stop at the walls of the Credit Union. Credit Unions across the province and country have the same attitude and collaboration and sharing is key amongst Credit Unions. We have some great collaborations with Coastal Community, Summerland Credit Union and Osoyoos Credit Union. I have met so many member-centric credit union wealth leaders through our collaborations with Aviso Wealth I have been blessed with my 30 years and look forward to many more with Beem Credit Union. I wish everyone a very happy, healthy and prosperous 2024. #somechoicesmatter #creditunion