Legal Woes Continue for Adam Kuettel 
by Arkansas Business Staff – 5 days ago
Arvest Bank can be added to the list of plaintiffs suing troubled investment adviser Adam Kuettel and his firm, Kuettel Capital LLC of Bentonville.
Banking & Finance
Legal Woes Continue for Adam Kuettel
Encore Bank Expands to Dallas-Fort Worth, Hires 2 to Lead Markets
2 days ago
Encore Bank of Little Rock says it is expanding into Dallas and Fort Worth, Texas.
Business Hall of Fame Won't Add New Class in 2021
2 days ago
Citing "continuing uncertainty created by the COVID-19 pandemic," the board that oversees the University of Arkansas' Arkansas Business Hall of Fame says it won't induct a new class of honorees in 2021.
U.S. Bank Donates $250K to 2 LR Organizations
U.S. Bank has donated $250,000 in the Little Rock area as part of its $15 million U.S. Bank Foundation Rebuild and Transform Fund that aims to rebuild corridors impacted by social unrest and systemic racial inequities in small business, housing and workforce advancement. read more >
Nominate Now for the 33rd Arkansas Business of the Year Awards
Arkansas Business is once again seeking nominations of the state's outstanding businesses, business executives and nonprofits for its Arkansas Business of the Year Awards. read more >
US Household Wealth Hits Record Even As Economy Struggles
Americans' household wealth rebounded last quarter to a record high as the stock market quickly recovered from a pandemic-induced plunge in March. read more >
Pulaski County Tax Payments to Be Accepted at Authorized Banks, Retailers
Looking for a COVID-free way to pay your property taxes? Pulaski County Treasurer Debra Buckner has a few in the works. read more >
Old-School Regions Bank Lobby Set to Close
The Regions Bank lobby at its namesake office building in downtown Little Rock is scheduled to go dark in six weeks. read more >
RiverBank Goes Downtown with Pocahontas HQ
A once-dormant bank building in northeast Arkansas is seeing renewed life as a financial headquarters. read more >
Encore Bank to Migrate West
The main office of Little Rock's Encore Bank is on the move. The $584 million-asset lender is relocating its headquarters to Suite 100 at 1801 Rahling Road in west Little Rock. read more >
Anderson Joins Southern Bank (Movers & Shakers)
Elizabeth Anderson has been hired as a commercial loan officer for Southern Bank in Cabot. read more >
Arkansas Unemployment Increases to 7.4% in August
Arkansas' seasonally adjusted unemployment rate increased to 7.4% in August from 7.1% in July, the state Department of Workforce Services reported Friday. read more >
Federal Reserve Sees Rates Near Zero at Least Through 2023
The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and drive down the unemployment rate. read more >
SPONSORED: Woman-Run by Wright Lindsey Jennings Presents Lorrie Trogden
Lorrie Trogden was named president and CEO of the Arkansas Bankers Association in October 2018. She is the first woman to fill the role for the organization, which was established in 1891. read more >
Quapaw House Officially Declared Insolvent
An attorney for Quapaw House Inc., the troubled Hot Springs drug and alcohol treatment provider, says its liabilities "exceed its assets and it is unable to pay its debts as they come due." read more >
Jebaraj Gives Passing Grade to CARES Act
Mervin Jebaraj works at the University of Arkansas' Walton College of Business so it is apropos that he has a grade for the federal response to the COVID-19 pandemic. read more >
Advancements Made at Relyance, Arvest (Movers & Shakers)
Katherine Polczynski and Melissa Kleusner have received promotions at Relyance Bank in Hot Springs. Chris Vanwinkle and Amber Haydar French have been promoted to client advisers at Arvest Wealth Management. read more >
State's Financial Firms Add Assets Under Management
While two registered investment advisory firms associated with Stephens Inc. of Little Rock remain firmly atop the annual list of the state's largest money managers, even the second-tier firms are posting impressive new totals of assets under management. read more >
You Knew It Would Happen (Gwen Moritz Editor's Note)
Commit this to memory so you can stop being surprised: Wherever there are human beings, there will be waste, fraud and abuse. read more >
Most Feedback Is Just Noise (Barry Goldberg On Leadership)
Is it any wonder that the phrase “May I provide you with some feedback?” sets up an emotional loop almost guaranteed to grate on nerves and create stress? read more >
Susannah Marshall Named State Bank Commissioner
Gov. Asa Hutchinson has appointed Susannah Marshall as the next Arkansas State Bank Department commissioner. read more >
Landmark Gives $50K to UCA Fund
Landmark PLC, Certified Public Accountants has given $50,000 to the University of Central Arkansas College of Business Enhancement Fund. read more >
UA Trustees Borrow $19M to Pay on Athletic Debt
The University of Arkansas System Board of Trustees votes to borrow $19.1 million to make 2020 and 2021 payments on UA Department of Athletics debt. read more >
Arkansas' Waltons Among Forbes' Top 12 Richest
Only one Walton family member was in the top 10 of Forbes magazine's list of the country's 400 richest people, and she doesn't live in Arkansas. read more >
Steuart Walton Places Great Value on Pandemic Leadership, Outdoor Recreation
Steuart Walton, Sam Walton's grandson, heads the state's pandemic recovery task force and discusses the virus, the response and the criticism. read more >
Bed & Breakfast Goes Bankrupt
The Inn at Mountain View is another victim of COVID-19. read more >
Central Arkansas Population Stands at 750,000
The Little Rock-North Little Rock-Conway Metropolitan Statistical Area now has a population of about 750,000, according to a report by Metroplan, the planning agency for Faulkner, Lonoke, Pulaski and Saline counties. read more >
Morrow Joins Arvest in Jonesboro (Movers & Shakers)
Mark Morrow has been hired as vice president and commercial loan officer at Arvest Bank in Jonesboro. read more >
The 2020 20 In Their 20's: The Future Looks Bright From Here
From Rogers to Jonesboro to Benton and McCrory, there is bright young talent across our state. For the 11th year, Arkansas Business is proud to introduce 20 of the freshest faces in business and community service. read more >
Fed's 'Beige Book' Finds Widespread Pessimism About Economic Future
The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus. read more >
Arkansas Business Announces 'Best Places to Work' Honorees, Online Event
Arkansas Business will honor more than 40 companies designated among this year's "Best Places to Work" during an interactive online ceremony in November. read more >
Protests Fail to Boost Black-owned Businesses
Social media campaigns urged consumers to buy goods and services from Black-owned businesses following protests against racism and police brutality. But several African American business owners told Arkansas Business that they saw little, if any, boost in sales. read more >
Schwyhart Meltdown Followed Hunt's Exit
Thirteen years ago, word began leaking out that one of the most dynamic commercial development partnerships in fast-growing northwest Arkansas was breaking up. read more >
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