Finance & Banking

Encore Bank is expanding into the Dallas and Fort Worth markets. Phillip Jett, Encore Bank vice chairman and president, announced the expansion on Friday, Sept. 25. Marc Massad will be taking the lead of the Dallas market, as the executive…

In 2007, Ed Mahaffy founded ClientFirst Wealth Management, a Fee-Only RIA and fiduciary managing over $140 million for Arkansans. The firm does not sell products or accept commissions. Prior to launching ClientFirst, he spent six years as a branch manager…

Walmart is working to bolster its online retail division, driving more customers to the retailer’s e-commerce marketplace. The strategy appears to be working, with a 97 percent growth in the company’s second quarter for fiscal year 2021. By comparison, the…

Investing is enough of a quandary for many of us in normal times. But September represents month No. 7 of the pandemic’s global impact. That seems like a quandary on steroids. Zachary Riley, CFA, CPA, with Foundation Resource Management of…

The executives recognized in AMP’s list of 2020 Powerful Women in Banking, nominated by AMP readers, haven’t done much looking back in their careers. In a male-dominated industry, their perseverance, hard work and expertise have propelled them to influential positions…

P.T. Barnum once said that money makes for a terrible master but an excellent servant. He lived his own advice — the founder of Barnum & Bailey Circus was one of America’s first millionaires. Very few of us will ever…

The pandemic of 2019-20 (and beyond?) has impacted every aspect of human interaction, banking and finance included. Arkansas Money & Politics spoke with a few local experts to get their take on how COVID-19 has impacted the industry, from banking…

Susannah Marshall has been appointed to serve as the Arkansas State Bank Department commissioner. Gov. Asa Hutchinson announced Marshall’s appointment on Thursday, Sept. 10.  Marshall will replace outgoing commissioner Candace A. Franks, who has served in the role since 2007.…

First Community Bank has added a new member to its financial services team for its Jonesboro market. Bill Odom will be joining First Community Bank’s team as a financial advisor. In his new role, he will assist clients with realizing…

When you think about leaders in the banking industry, a few powerful women come to mind. There’s Carla Harris, vice chairman of wealth management and senior client advisor at Morgan Stanley. Another notable figure is Abigail Johnson, CEO of Fidelity…