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 →
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 →

Procore bolsters operations with two acquisitions

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Sonos delivers earnings win, embraces new era

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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 →
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 →