Truxton Trust elects Buntin to board

Wealth management company Truxton Trust announced today it has elected local marketing executive Jeffrey Buntin Jr. to the board of directors of Truxton Trust and Truxton Holdings.

Buntin (pictured) is the president and CEO of The Buntin Group. He also serves on the board of the Ensworth School.

"We are honored to have Jeffrey Buntin Jr. as a new member of our board," Tom Stumb, Truxton president and CEO, said in a release. "His firm, The Buntin Group, is the largest brand and marketing communications firm in the state and was named Tennessee's Top Agency in 2013 by ADWEEK Magazine. His firm represents some of the country's major companies and was instrumental in the creation of our new identity from Nashville Bank & Trust to Truxton Trust."

Jun 24, 2014 11:00 AM

InsBank hires banking veteran as VP

Green Hills-based InsBank announced today it has added Patrick Wright as first vice president and relationship manager.

Wright’s responsibilities will include commercial lending and relationship development. Prior to joining InsBank (stylized as INSBANK), he served as senior vice president and area executive for First South Bank in Hilton Head Island, South Carolina. Before that, he was a banking officer for SunTrust Bank in Murfreesboro.

“Patrick has a strong background in working with businesses of all sizes, and he has deep roots in Middle Tennessee. He is a welcomed addition to InsBank,” Jim Rieniets, InsBank president and CEO, said in a release. “His experience will help our bank continue to grow, and we’re confident he’ll only strengthen the reputation we’ve built for providing superior client service and top-notch financial advice to our clients.”

Wright, who is a member of Rotary International, Boys & Girls Clubs and the American Heart Association, earned a bachelor’s degree in finance from Middle Tennessee State University and is a graduate of Tennessee Commercial Banking School at Vanderbilt.

Jun 23, 2014 2:17 PM

Symphony bailout costs lenders $39M

The Tennessean reports that saving the symphony was an expensive project.

Jun 19, 2014 9:54 AM

Aspire Health raises more capital

Frist-backed venture looks to build national network
Jun 18, 2014 2:49 PM

LBMC adds business development director

Brentwood-based Lattimore Black Morgan & Cain announced today the hiring of Cecil Fuller as director of business development.

Fuller (pictured) returns to LBMC after a two-year absence. He previously served the company as a business development director for the Mobile Solutions Group/Strategic Services division. Prior to that, he worked for LBMC Technologies in the business development division.

“The LBMC Family of Companies has had a tremendous year of growth as we continue to focus on our clients’ needs in this ever-changing economy,” Mike Cain, LBMC co-managing partner, said in a release. “Cecil has in-depth knowledge of LBMC from his previous time here. Also, as a Nashville native, he has a solid understanding of the Tennessee business environment and strong relationships in the community. It’s great to welcome him back to LBMC and I know he will be instrumental in our continued growth in the years to come.”

Fuller earned a Bachelor of Science degree in business management from Lipscomb University.

Jun 18, 2014 1:00 PM

BofA analyst: Hospital profits see reform boost

Bank of America Merrill Lynch analyst Kevin Fischbeck named HCA Holdings and Community Health Systems as his top picks Tuesday, saying improved profits were a likely result of the Affordable Care Act.

Fischbeck raised his price target for HCA by $3 to $65 and maintained his CHS target of $63, and also singled out LifePoint Hospitals. Citing fewer bad debts and charity cases in the first quarter through Medicaid expansion, Fischbeck said reform benefits were clear. As coverage ramps up in the second quarter, hospitals should continue to benefit.

"Once people get insurance, there is an immediate change in how payments flow through the system," he said.

Shares of HCA (Ticker: HCA) and LifePoint (Ticker: LPNT) were down slightly Tuesday to $55.56 and $64.32, respectively. Shares of CHS (Ticker: CYH) were up 1 percent to $44.43.

Jun 18, 2014 11:10 AM

Capital Confirmation sues competitor for breach

Brentwood company claims startup copied set-up in violation of terms of use
Jun 17, 2014 1:40 PM

Avondale adds institutional equity trading director

Avondale Partners announced today the addition of Jim Braniff as a director of institutional equity trading in the Nashville-based investment banking and wealth management firm’s New York office.

With more than 25 years experience in the NYC market, Braniff is the fourth addition to Avondale’s New York office since it opened in June 2013.  He most recently served for six years as principal in the equity trading group at Needham & Co.  Braniff started his career as a director with Prudential Securities before moving on to SG Cowen and then Credit Lyonnais. 

Braniff (pictured) earned his Bachelor of Science degree in finance and economics from Mount St. Mary’s University.

“We are so fortunate to be adding Jim as a senior member of our team” Bill Hirschman, Avondale head of equity capital markets, said in a release. “Jim is a true industry veteran, and he importantly brings with him many valued client relationships built over a successful career as a sales-trader.”

In addition to Nashville and New York, Avondale Partners has offices in Baltimore, Boston, Kansas City, Philadelphia and St. Louis.

Jun 17, 2014 12:15 PM

Regions shuffles structure

The parent of Regions Bank has restructured some of its main businesses, aligning its retail, wealth management and small business teams under what it calls the General Bank and setting up the Corporate Bank to handle middle-market and large business customers. The realignment comes with some executive moves, including the departure (for family reasons) of Regions' Business Services Group leader.

Jun 17, 2014 8:51 AM

First Farmers to shift Cool Springs lenders to Green Hills

Maury County-based bank plans to open first Davidson site this fall
Jun 16, 2014 1:07 PM