The New Jersey 40 Acres and a Mule Fund, a private investment vehicle to reduce socio-economic disparities stemming from systemic racism, is partnering with Local Initiatives Support Corp.’s Black Economic Development Fund to enable co-investment opportunities in the Garden State.
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Money
Withum agrees to acquire Maffei Masiello
The deal will add two partners and 13 staff members to the buyer's Whippany office, effective Nov. 1.
Read More »TD Bank launches robo-advisor for investors
TD Automated Investing and hybrid advisor TD Automated Investing Plus will allow clients to access TD Wealth's seven globally diversified portfolios of exchange traded funds and mutual funds.
Read More »CohnReznick adds team from Boston to broaden Northeast footprint
The deal adds bench strength to its affordable housing, real estate and not-for-profit practices.
Read More »Century Savings Bank promotes two to leadership roles
Joseph Rehm and Debbie Holman were elevated by the South Jersey-based financial institution to help drive efforts to develop and deliver innovative products, services and solutions to its customers.
Read More »Millburn firm acquired by Colony Group
The Boston-based financial advisory firm gains 18 offices nationally and more than 290 team members with the addition of Harrison, McCarthy & Co.
Read More »Getting together
A variety of issues – including the increasing ability to work remotely and concerns over succession planning – are causing a rise in M&A activity among accounting firms, according to published reports. Does that mean it’s time to add smaller CPA firms to the Endangered Species list?
Read More »Better business
For a long time, large publicly held companies were the only businesses that had to be concerned with potentially costly ESG reporting. But now, it looks like privately held enterprises are increasingly being held to similar standards, often without regulatory mandates.
Read More »Anyone there?
In 2018, the number of candidates for the CPA exam dipped to its lowest level in 10 years, according to the latest AICPA Trends Report. At the same time, the organization estimated that, as of 2020, 75% of its members were eligible to retire. Does this mean a CPA drought is ahead? Actually, according to some experts, it’s already here.
Read More »Cross River, TechUnited launch women & minority biz owners mentorship cohort
Though the organizations said that the partnership is the first of its kind between a bank and a tech accelerator - offering resources for startups and emerging investors, community events, thought leadership and more - the pair have been community partners for years.
Read More »Bank of America to increase US worker wages to $21 an hour
That would allow the bank’s lowest-paid employees to earn $43,680 a year. According to Choose New Jersey, the financial institution has an estimated 10,000 workers in the Garden State.
Read More »Kearny Bank promotes trio of compliance/BSA officers
The team helps maintain the financial institution's full observance of all applicable laws and regulations, including government initiatives to combat money laundering and other nefarious activities.
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