Banking & Finance

Former Packer Buchanon partners with life insurance firm

Former Green Bay Packers player Willie Buchanon has partnered with Menomonee Falls-based Legacy Life Now to promote its secondary-market life insurance program.

Diversified Insurance Solutions names new directors

Brookfield-based Diversified Insurance Solutions, an employee benefits, risk management and business insurance provider, has named two new directors as it prepares for growth.

Waukesha State Bank adds online loan origination service

Waukesha-based Waukesha State Bank has added online loan origination to its service offerings.

Fiserv names West division president

Brookfield-based Fiserv Inc. has named Marc West president of its Digital Channels division.

Johnson Outdoors narrows loss

Racine-based outdoor recreation equipment manufacturer Johnson Outdoors Inc. today reported a fiscal fourth quarter net loss of $786,000, compared with a net loss of $3.5 million in the fourth quarter of 2013.

SEC charges Assisted Living Concepts execs with fraud

The U.S. Securities and Exchange Commission has charged two former top executives at assisted living facility operator Assisted Living Concepts Inc. with fraud.
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BMO Harris: Wisconsin executives positive about 2015

About 90 percent of Wisconsin business owners and executives expect their businesses to remain steady or grow in 2015, according to a new survey from BMO Harris Bank.

Murray named partner of The Firm Consulting after exiting WEDC

Ryan Murray, former deputy secretary and chief operating officer of the Wisconsin Economic Development Corporation, has been appointed partner of The Firm Consulting, a Madison-based government affairs agency.

Northwestern Mutual completes $2.7 billion sale of Russell Investments

Milwaukee-based Northwestern Mutual Life Insurance Co. has completed the sale of subsidiary Frank Russell Co., also known as Russell Investments, to the London Stock Exchange Group plc for $2.7 billion.

On the Money: Time to ramp up your retirement savings?

The IRS recently announced increases to the contribution limits on retirement plans for tax year 2015. The higher limits provide an opportunity for savers to accelerate pre-tax contributions to their retirement plans. An employee aged 50 or older will be able to make pre-tax contributions of as much as $24,000 ($18,000 plus a $6,000 catch-up contribution) into some of the more common types of qualified retirement plans starting next year.

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