The financial technology sector continues to flourish in St. Petersburg, most recently with the debut of the new Fintech Center at the University of South Florida’s Muma College of Business. This “hub of excellence” will bring academic research, world-class teaching, business engagement, and innovations surrounding the expanding financial technology sector under one roof on the… Read more »
Tampa Bay Wave and the University of South Florida Muma College of Business announced that St. Petersburg will be the site of the FinTech|X 2022 Accelerator program cohort consisting of 16 high-growth fintech startups from across the United States and abroad, including companies from Israel, England, Saudi Arabia, and Germany. Of the 16 startups, three… Read more »
It’s no surprise that women-owned businesses are thriving in St. Petersburg, Florida. Drawn by St. Pete’s business-friendly environment, innovation, and entrepreneurial support, women founders are choosing the collaborative and inclusive community of St. Pete. Sheffie Robinson, Photo: Shamrck St. Pete has the distinction of being a funky beach town that is exceptionally business-friendly. Sheffie Robinson,… Read more »
In “Everyone is Moving to Florida: What that Means for Financial Advisors and their Clients,” Barron’s looks at how financial advisors are impacted by the growth in Florida’s population. Florida’s growth is almost double that of the nation, with people drawn to the state’s low taxes and excellent quality of life. Financial services are following… Read more »
Fintech companies can struggle with the strict regulations surrounding the financial industry as they develop new offerings. Florida offers a fintech sandbox license, which allows exceptions to laws and requirements under defined conditions so financial technology innovators can test new products and services. Offering a supervised, flexible regulatory sandbox is another way Florida locations like… Read more »
Dynasty Financial Partners CEO Shirl Penney says in Forbes that his firm first considered relocating from New York City because they were certain moving would give Dynasty a “significant competitive advantage” through “expanding our operating margins by lowering expenses while simultaneously enhancing our employees’ quality of life.” In 2019, Dynasty relocated to St. Petersburg, Florida… Read more »
Although she swore she’d “never live in Florida,” ARK Invest’s Cathie Wood now describes herself at “St. Pete’s official ambassador” at the Milken Institute’s 2021 Global Conference where she discussed Tesla, crypto, China and investing. “St. Pete is a young, vibrant town,” she says, “focused on culture, arts, music,” with “very friendly people from all… Read more »
Financial services firm CEO Shirl Penney tells Entrepreneur how relocating to St. Pete increased his company’s finances and ability to invest in technology for the business while also improving his employees’ quality of life. Dynasty Financial Partners relocated to St. Petersburg in 2019, driven by financial factors like cost of living and tax environments, and… Read more »
ARK Investment Management LLC (“ARK” or “ARK Invest”), an investment adviser focused solely on investing in disruptive innovation, announced the relocation of its corporate headquarters to St. Petersburg, Florida, effective November 1, 2021. “We are thrilled to relocate our corporate headquarters to St. Petersburg, Florida, as we believe the Tampa Bay region’s talent, innovative spirit, and quality of… Read more »
In 2018, Dynasty Financial Partners Founder, President and CEO Shirl Penney considered ditching Manhattan’s rent, traffic and weather for a better cost and quality of life, and began searching for a new headquarters location. Dynasty is a top integrated wealth management platform for high-end registered investment advisers (RIAs) in the country with nearly $60 billion… Read more »
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