Brooks Bollinger spent six years in the NFL—two with the Vikings—before moving to coaching and later to the financial industry. He most recently worked at NorthRock Partners.
Banking + Finance
The Federal Reserve System’s board of governors has approved a merger between TCF Financial Corp. and Chemical Financial Corp.
Kansas City-based managing partner Laura McCoolidge will help the firm grow its presence in the area.
The new companies will operate as Piper Sandler Cos.
With the transaction, medical imaging manufacturer Digirad Corp. will convert ATRM stock shares into Digirad shares.
The company says it’s invested nearly $800 million on various Minnesota housing initiatives over the last decade.
Following his retirement from the NBA, the future hall-of-famer will help the financial management firm better serve athletes and creatives.
RiverFirst Campaign nears the $17.9 million finish line
The Minneapolis-based investment company is selling part of its Advisory Research Inc. (ARI) division to Tortoise Capital and the rest to ARI executive Matthew Swaim. It will use the funds to focus on its banking platforms.
Edina-based The Dragonfly Group controls the new entity.
The transaction is expected to boost Avtex’s expertise in sales and artificial intelligence.
OwnersEdge now has five companies in its portfolio.
Minnesota bankers forecast steady credit demand despite worries of a slowing economy.
Fast-growing DailyPay cited the local culture of innovation as a key reason for choosing Minneapolis for its second office.
“With a refreshed logo and revitalized website, Bremer Bank is signaling a step to the forefront of this emerging generation of banking,” says company president Jeanne Crain.
Kopp will step down as chairman and shutter Kopp Investment Advisors as he shifts his focus to philanthropy work through the Kopp Family Foundation.
New federal tax incentive draws developers and investors.
New locations in Minneapolis and St. Paul are part of Chase’s plan to open 90 branches across nine new markets in 2019.