Financial Education Center

Navigating New Family Business Horizons: The Evolving Advisor’s Role

Historically, professional advisors primarily focused on business-related matters, often overlooking the unique challenges and intricacies associated with managing a family-owned business. However, there is a noticeable shift toward seeking advice on non-business, yet equally important, aspects of family business.

Preparing for the New Rate Reality

Like other banking professionals, I’ve been fielding numerous calls from Commercial Real Estate (CRE) clients on both the direction of interest rates as well as strategies for pending maturities of commercial loans. While I make every effort to stay out of the interest rate game, I do offer our clients cold facts about the new rate reality we are facing.