Porter, White & Company is pleased to announce the promotion of Ross Walker to Associate. Ross joined the firm in 2020 as a Financial Analyst supporting the Investment Management division through investment analysis, portfolio management, and trading. In 2021, he… Read More >
Porter White Moves to the Historic Woodward Building
Porter White recently moved to the tenth floor of the historic Woodward Building in downtown Birmingham from its home in the Steiner Building for the last 40 years. To learn more, read this B’ham Now article for a sneak peek… Read More >
PW&Co Completes Sale of Renaissance Manufacturing Group
Certain principals of PW&Co acted as the exclusive sell-side advisor to Renaissance Manufacturing Group, LLC and its ancillary businesses in its sale to the Lawton Standard Co. PW&Co’s investment banking team was led by Michael Stone with support from Zac… Read More >
PW&Co Advises on Acquisition of Print Brokerage
PW&Co, a Birmingham investment bank, served as the buy-side advisor to a consortium of credit unions in the acquisition of a print brokerage and management firm (“the Company”). PW&Co’s investment banking team was led by Michael Stone with support from… Read More >
PWCO Promotes Michael Stone to Managing Director
Michael Stone has been promoted to Managing Director of Investment Banking for PW&Co. In Michael’s 12 years with the firm, he has worked in all aspects of the firm’s business activities, including mergers and acquisitions, capital raising, municipal advisory, strategic… Read More >
PW&Co Advises on Acquisition of an Insurance Brokerage Company
PW&Co served as the buy-side advisor in the acquisition of an insurance brokerage firm (the Target) by a credit union service organization (CUSO). PW&Co’s investment banking team was led by Michael Stone with support from Zac Venos and Ross Walker…. Read More >
Effects of Automatic Enrollment in Plan Design
In our recent investment commentary, we highlighted research regarding plan design and plan participants. The research clearly highlights the effects that plan design can have on plan participants and retirement outcomes. While the study largely confirms that automatic enrollment has… Read More >
Zac Venos Joins PWCO
Porter White & Company is pleased to announce that Zac Venos has joined the firm as a Financial Analyst primarily supporting the firm’s Investment Banking division. Zac assists the investment banking team through preparing financial analysis for mergers and acquisitions,… Read More >
PWCO Announces New Financial Analyst Hire
Ross Walker has joined the firm as a Financial Analyst primarily supporting the firm’s Investment Management practice. Ross assists the investment management team with analysis, portfolio management, and client services. Ross is a recent graduate of Wofford College where he… Read More >
PWCO Promotes Dana Crane to Office Manager
Dana Crane has been promoted to Office Manager. Dana joined the firm in 2008 as a receptionist/secretary and has steadily assumed additional responsibilities since then. In this position, she is responsible for overall general office operations, such as internal accounting,… Read More >
PWCO Promotes Michael Stone to Director of Investment Banking
Michael Stone has been promoted to Director, Investment Banking. Michael, who joined the firm in January 2011, is active in all investment banking activities including mergers and acquisitions, capital raising, valuation, municipal advisory, project finance, and strategic consulting. He has… Read More >
The SECURE Act
The SECURE Act of 2019 (Setting Every Community Up for Retirement Enhancement) is a wide-ranging act, spanning nearly 40 provisions It is the most comprehensive retirement savings package to become law since the Pension Protection Act of 2006, and seeks… Read More >
PW&Co Advises on Acquisition of a Real Estate Agency
PW&Co served as the buy-side advisor in the acquisition of a real estate agency (“the Target”) by a credit union service organization (“CUSO”). PW&Co’s investment banking team was led by Michael Stone with support from Kip Porter. The CUSO was… Read More >
Considering Employer Match Suspension
As businesses reopen and employees return to work, employers are wrestling with how to handle cash flow in unprecedented circumstances. If you are considering suspending the employer match in your company’s retirement plan, you are not alone. Can you suspend… Read More >
The Importance of an Investment Policy Statement
I. Overview A written investment policy statement (IPS) provides guidelines and directions for the conscientious fiduciary. The Employee Retirement Income Security Act (ERISA) does not include a specific requirement that plans have a written IPS. The concept of a documented… Read More >
Making the Most of Year-End Giving
As the year comes to a close, you may be thinking of making financial gifts in addition to trying to buy a relevant gift for the picky tween in your life. Here are a few guidelines for both charitable gifts… Read More >
Municipal Market Update – August 2019
During August, the long end of the yield curve continued to decline and become more inverted, with the two-year US Treasury yielding more than the ten year. This is a negative signal on economic growth, likely due to the ongoing… Read More >
The Proposed SECURE Act and Your Retirement
Earlier this summer, the House of Representatives passed the SECURE Act (“Setting Every Community Up for Retirement Enhancement”) with bipartisan support and a nearly unanimous vote. As of the writing of this commentary, it stalled in the Senate, but reports… Read More >
