Economic Development
Wisconsin banks report lower earnings
Wisconsin banks reported combined net income of $726 million through the end of the third quarter, down from $736 million year-to-date in the third quarter of 2013, according to the Quarterly Banking Profile released today by the Federal Deposit Insurance Corp.
Brady earnings down on sales mix, plant consolidation
Milwaukee-based Brady Corp. reported fiscal 2015 first quarter net earnings of $13.6 million, or 25 cents per share, down from $24 million, or 44 cents per share, in the first quarter of 2014.
Annex Wealth Management to open Delafield office
Elm Grove-based Annex Wealth Management LLC plans to open an office in the Lake Country area in western Waukesha County. The firm is in negotiations to lease 3,200 square feet of office space in the Purity Building at 2301 Sun Valley Drive in Delafield.
Gener8tor raises $2 million
Startup accelerator gener8tor, which has locations in Milwaukee and Madison, has raised a $2.2 million fund, according to an SEC filing.
Management team acquires Arandell Corp.
Arandell Corp., a Menomonee Falls-based provider catalog printing and omni-channel solutions, announced that board chairman Don Treis and his family have sold the company to president Brad Hoffman and other members of firm's management team.
Fiserv announces Popmoney charity campaign
Brookfield-based Fiserv Inc. has launched a Season of Giving campaign to donate to charity each time someone makes a person-to-person payment.
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Low interest financing available for clean energy projects
Companies interested in investing in energy efficiency and waste reduction projects can apply for low interest financing by Monday, Dec. 8. The funding is available from the new Wisconsin’s Clean Energy Manufacturing Revolving Loan Fund (CERLF), a program jointly managed by the Wisconsin Economic Development Corporation and the Wisconsin Department of Administration.
McCarthy Grittinger Financial Group names new partners
Milwaukee-based investment advisory and financial planning firm McCarthy Grittinger Financial Group LLC has named two new partners: Matthew Miler CPA, CFP and Jacqueline Schneider, CFP.
Prairie Financial Group expands team
Waukesha-based Prairie Financial Group, a division of Waukesha State Bank, has added three new senior wealth managers.
Baird creates college curriculum to address talent gap
Milwaukee-based wealth management firm Robert W. Baird & Co. Inc. has partnered with the University of Wisconsin-Madison’s Wisconsin School of Business to fill an expected talent gap in its industry.