A Richmond-based wealth management firm looked eastward for its latest acquisition.
The top executive at a Midlothian-based bank is headed for the farm.
The company has taken over 20,000 square feet in a redeveloped building on Belleville Street. It’s one of the bigger office deals in the neighborhood in recent memory.
The national bank has found a spot for its first downtown retail branch, part of its continuing push to open a slew of outposts around the region.
Richmond’s biggest locally based bank last week added to its capital coffers.
Back on more stable financial ground, a locally based bank is set to get its third CEO in six years. Midlothian-based Community Bankers Bank earlier this month announced Gary Shook, a veteran Virginia banker and former longtime head of Middleburg Bank, as its next chief executive. Shook, 60, will replace Billy Beale, who came out… Read more »
By way of Indianapolis, Valeo Financial Advisors has entered the Richmond market with an acquisition.
The bank will open its first Richmond-area branch in part of the old Infuzion night club property at 1401 Roseneath Road, a redeveloped building it will share with restaurant Wood & Iron.
The banking giant continues to push ahead with its first retail branches in the Richmond region, and the landlord on one of its Henrico locations has put the property on the market even before the bank has officially opened for business.
After 15 years of managing clients’ money with a low-risk ethos, a West End financial firm is applying that approach to its future home.