JACKSONVILLE, Fla.– Summit Partners, a Boston-based private equity firm, said yesterday it has acquired 85% of Life of the South, a provider and third-party administrator of credit insurance for credit unions, banks, and others. The management-led buyout will leave 15% of the company owned by top managers. The deal was valued at $100 million.
Amid political pushback around ESG, Climate Week panelists say firm leaders should focus less on the label and more on the risks that matter to clients.
The Minneapolis-based superregional bank is leaning into a sector that has been at the center of the Trump administration's economic policies.
Experts from JPMorganChase, Flywire and the Federal Reserve stress protecting data and vetting users as part of a strategy to make sure "good AI" beats "bad AI."
The card network is incorporating artificial intelligence into its commercial payments to help businesses get a better view of their accounts payable business.
The trends of big profits, consolidation and slow organic growth are creating a lot of contradictions with the pay of financial advisors and other RIA staff members, according to The Ensemble Practice's annual tracking study.
From shopping for better interest rates to tax strategy to cash flow, financial planners can play a vital role in helping clients prepare to take out a mortgage.
