Mission Wealth receives investment from PE firm
Mission Wealth, a Santa Barbara financial planner firm celebrating its 25th year in business, announced it received a minority investment from private equity firm Great Hill Partners. Terms of the transaction were not disclosed. Known for investing in high-growth companies, the partnership will help Mission Wealth’s client service offering and support the firm’s national expansion Read More →
Portfolio watch
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Vital signs: Future of construction relies on AI and automation
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Portfolio watch
• Capital Group writes that the overwhelming level of uncertainty of the Trump Administration’s first 100 days stands in contrast to expectations of orderly deregulation and “market-friendly tax cuts” that would lift stock prices. Now there is the prospect of “a permanent realignment in a system of global commerce that has been in place since Read More →
San Diego credit unions announce plans to merge
Another financial institution merger is officially in the works as California Coast Credit Union and San Diego County Credit Union announced plans to merge on April 11. There will be no immediate change for members as both organizations will operate independently until the legal date of the merger. The expected legal date of the merger is Read More →
Tariffs loom over Central Coast businesses
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IPO, VC market gridlock hits the region
The tariffs that have sent the stock market into a frenzy could also be hitting the companies that were hoping to go public or raise more capital in 2025. Nationally, tech firms like Klarna and Stubhub have paused their plans for an initial public offering in 2025, while locally, experts are cautioning small- to medium-sized Read More →
