June 8, 2025
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Montecito Bank & Trust
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F&M Trust hires new director to head fresh Santa Barbara office

By   /  Tuesday, June 3rd, 2025  /  Banking & Finance, Central Coast, Latest news, middle, Tri-County Economy  /  Comments Off on F&M Trust hires new director to head fresh Santa Barbara office

A couple of months after Farmers & Merchants Bank of Long Beach announced its intention to grow its tri-county presence, Farmers & Merchants Trust company is doing the same thing with a new hire to head its fresh Santa Barbara office set to reopen next month. Salvatore “Tory” Milazzo was appointed to be F&M Trust’s newest senior vice president, trust and investment manager, the organization announced Read More →

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Glenn Burdette partners up with growth platform for CPA firms

By   /  Monday, June 2nd, 2025  /  Banking & Finance, Latest news, San Luis Obispo County  /  Comments Off on Glenn Burdette partners up with growth platform for CPA firms

Glenn Burdette has sold to regional accounting and advisory firm Ascend for an undisclosed amount, the San Luis Obispo-based CPA firm announced on June 1. Ascend, backed by private equity firm Alpine Investor, and its platform enables regional accounting firms with between $15 and $50 million of revenue. The company was founded two years ago. Read More →

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Deckers shares drop 20% despite strong earnings

By   /  Friday, May 23rd, 2025  /  Latest news, Retailing, Santa Barbara County, Subscriber content, Top Stories, Top Story, Tri-County Public Companies  /  Comments Off on Deckers shares drop 20% despite strong earnings

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Procore bolsters operations with two acquisitions

By   /  Thursday, May 22nd, 2025  /  Central Coast, Latest news, left, Subscriber content, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore bolsters operations with two acquisitions

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Sonos delivers earnings win, embraces new era

By   /  Monday, May 12th, 2025  /  Central Coast, Latest news, Subscriber content, Technology, Tri-County Public Companies  /  Comments Off on Sonos delivers earnings win, embraces new era

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LTC Properties reports first quarter earnings

By   /  Tuesday, May 6th, 2025  /  East Ventura County, Latest news, Tri-County Public Companies  /  Comments Off on LTC Properties reports first quarter earnings

Westlake Village-based LTC Properties, a real estate investment trust that primarily invests in seniors housing and health care properties, announced operating results for the first quarter ended March 31. LTC generated revenues worth $49 million in the first quarter of 2025, down from $51.3 million in the first quarter of 2024, which the company attributed Read More →

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Mission Wealth receives investment from PE firm

By   /  Tuesday, May 6th, 2025  /  Economy, Latest news, Personal Finance  /  Comments Off on 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 →