The newest challenge to present itself, and the hot topic for discussion at the moment, are trade tariffs enacted by the current administration. As tariffs pertain to CRE, the most immediate impact is escalating construction costs and the potential for new supply chain disruptions contributing to overall uncertainty in the near-term.
Most successful executives build a circle of trusted advisors, including attorneys,
Certified Professional Accountants (CPAs), and financial planners. Key areas of wealth management often go overlooked, which leads to the potential for higher taxes or missed opportunities. That’s where a professional wealth advisor providing true comprehensive management for both sides of a client’s balance sheet shines.
Private ownership allows privately held businesses to cultivate a long-term vision, invest in sustainable growth, build up reserves, attract top talent, and build lasting partnerships; ultimately, creating a competitive edge that sets them apart. Learn more.
At First Bank, we’re proud of our multi-generational, family-owned, and St. Louis, MO-based heritage. As a one-stop financial resource and strategic partner for businesses across various backgrounds and industries, we proudly help clients turn challenges into opportunities.