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Montecito Bank & Trust
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Taylor Frigon invests in Schmidt-backed cloud tech firm

By   /  Friday, November 15th, 2013  /  Banking & Finance, Personal Finance, Technology, Top Stories  /  Comments Off on Taylor Frigon invests in Schmidt-backed cloud tech firm

Alongside its everyday wealth and investment management business, San Luis Obispo-based Taylor Frigon Capital Management has been quietly making venture capital investments over the past five years that are gaining attention from Silicon Valley heavyweights.

Taylor Frigon’s venture investment arm, Taylor Frigon Capital Partners, was an early investor in a company called Otoy in Los Angeles. The company has recently inked deals with a spate of big players — Firefox parent Mozilla, Amazon’s cloud services branch and Autodesk, the gold-standard for 3-D rendering software — to crack a previously unachievable goal.

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Merger gives WCAM position in Colorado oil

By   /  Friday, August 2nd, 2013  /  Banking & Finance, Personal Finance, Top Stories  /  Comments Off on Merger gives WCAM position in Colorado oil

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Amgen news kicks off Q3 trading: CalAmp frontrunner in first-half standings

By   /  Friday, July 5th, 2013  /  Banking & Finance, Features, Personal Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen news kicks off Q3 trading: CalAmp frontrunner in first-half standings

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Moorpark mints new public company: PennyMac workforce in city reaches 1,000

By   /  Friday, May 17th, 2013  /  Banking & Finance, Banking Industry, Features, Personal Finance, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Moorpark mints new public company: PennyMac workforce in city reaches 1,000

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PennyMac prices IPO at $17 to $19

By   /  Tuesday, April 30th, 2013  /  Banking & Finance, Banking Industry, Latest news, Personal Finance  /  Comments Off on PennyMac prices IPO at $17 to $19

Moorpark-based PennyMac Financial Services has priced its initial public offering of stock at $17 to $19 per share, indicating plans to raise as much as $211.1 million in its launch on the New York Stock Exchange. PennyMac, headed by former Countrywide Financial Corp. President Stanford Kurland, employs more than 600 people in Moorpark and more Read More →

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Saddled with debt, Nuveen shakes up Santa Barbara Asset Management

By   /  Friday, March 1st, 2013  /  Banking & Finance, Personal Finance, Top Stories  /  Comments Off on Saddled with debt, Nuveen shakes up Santa Barbara Asset Management

The debt-burdened parent of the largest wealth management firm in the region is shaking up the Santa Barbara company’s leadership ranks. Michael Mayfield, CEO and co-chief investment officer of Santa Barbara Asset Management, is retiring from the firm effective March 1, after 18 years with the company. James Boothe, a portfolio manager at the Santa Read More →

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Nuveen shakes up leadership at Santa Barbara Asset Management

By   /  Friday, February 22nd, 2013  /  Banking & Finance, Latest news, Personal Finance  /  Comments Off on Nuveen shakes up leadership at Santa Barbara Asset Management

A restructuring and management shakeup is afoot at the largest wealth management firm in the Tri-Counties. Michael Mayfield, CEO and co-chief investment officer of Santa Barbara Asset Management, is retiring from the firm effective March 1, after 18 years there. During that time, he helped SBAM more than double its assets under management, to $5.3 Read More →