Category Archives: Banks

Glen Wakeman Shares the Secret of Success

There’s little to argue when one talks about the difficulties inherent in starting a new business. Anyone who’s managed to get through that process is well aware of how difficult it can be to start a company from the ground up. However, some people who’ve been through it have dedicated themselves to the idea of making it easier for others. One of the more notable examples is Glen Wakeman. He’s the CEO and co-founder of LaunchPad Holdings, LLC.

But more than being a CEO, he’s also a mentor. This is one of the most amazing things about Glen Wakeman. He’s not just made it big, he’s using that experience to help enrich the market as a whole. In doing so he’s been able to create something far more important and unique than might be apparent at first glance.

For example, he keeps a regularly updated blog to share some of his thoughts and experiences. At first glance the most apparent fact is that it’s advice and experience written by a successful and insightful businessman. But as one reads further it becomes more apparent that he has a scope of experience far beyond the norm. Much of this is due to the fact that he’s a world traveler (Doral Financial). Not in the sense of just going to a different country. But in the sense of actually taking in what those countries have to offer. He’s a world citizen in the truest sense of the phrase. He’s currently lived in six different countries. And Wakeman has conducted business in 30 or more countries.

The importance of this can’t be understated. Like many younger businessmen he came of age in a world economy. He’s well aware of the fact that the business world isn’t limited to a single country. Putting up a website and selling goods and services online means that the entire world has become a market. It’s also a rare company these days which doesn’t operate in that manner. This is one of the biggest reasons why Wakeman’s advice needs to be carefully considered by anyone considering getting into the business world. He’s a world citizen who has a lot of advice to give about the nature of the worldwide market.

More here : https://en.wikipedia.org/wiki/Doral_Financial_Corporation

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Equities First Holdings Moves Its Offices To Melbourne

Equities First Holdings LLC has relocated its Melbourne offices. The Australian branch of the financial institution is now located in the heart of Melbourne, a move that Equities First Holdings (Australia) Pty Ltd believes will improve the office’s accessibility to both clients and business associate.According to Mitchell Hopwood, this move is in line with the company’s growth strategy. With well-equipped and strategically located offices, the company will now be able to accommodate its clients and staff adequately. The new location also provides it with ample space for future expansions. The new office will boost customer’s confidence in the company and help it woo more clients. Hopwood is Equities First Holdings (Australia) Pty Ltd’s managing director.

Mitchell announced that the firm’s new address for the regional office will be: Equities First Holdings (Australia) Pty Ltd, Level 2, 287 Collins Street, Melbourne, Victoria 3000. Its telephone will be +61 8688 7191.Besides the new Melbourne office, Equities First Holding has two other offices in Australia. They are located in Perth and Sydney. Moreover, the company has many offices spread across the globe. Some of these offices are in Singapore, United Kingdom, Thailand, Hong Kong, and Switzerland. The company is headquartered in Indianapolis, Indiana, USA.

About Equities First Holdings

Equities First Holdings is a global leader that specializes in providing alternative financing solutions. The company provides individuals and businesses with working capital against securities. These loans have helped the company’s clients to achieve their personal and professional goals.Since its founding in 2002, Equities First Holdings has been able to complete over 700 transactions. These deals are worth over $1.4 billion. In the recent years, the loans offered by the company have become popular among the public. This is because of their high loan-to-value ratio and low fixed interest rates. Moreover, the company has continued to improve its services by adding unique features such as the ability to walk away from a loan without any penalty or dent to one’s credit score. As the company grows, it has been able to establish itself as one of the best employers globally. Equities First Holdings’ staff enjoys exposure, excellent remuneration, and the opportunity to be relocated to the company’s foreign offices.

Equities First Holdings: Specializing In Stock Based Loans

This world is full of innovations technology industry being the best place to exercise technology. However, there are many other places where the brightest minds always spot an opportunity to exercise their freedom to innovate. Equities First Holdings, on the other hand, has worked to become one of the most innovative companies when it comes to the introduction of the stock-based loans which are now gaining traction on a massive scale due to become one of the most acknowledged companies in the world of finance. For the company, nothing has more value to their business than to ensure their clients get what they are looking for with the lowest rates of qualification criteria.

During a financial market fluctuation, stock values always degenerate in value. Moreover, they always work to ensure that the use of credit based loans as a way of solving people’s problems in an economic crisis is never an easy way to achieve. Financial crisis moments are also characterized by the increased loan interest rates  have the lowest traction in use.

However, there is a company which keeps on sustaining itself through the harsh economic crisis. This is the only institution which offers the lowest interest rates on all their loan products in the world. Equities First Holdings has gained traction as one of the best sources of working capital using stocks as collateral.

For the stock-based loans, there are many characteristics which separate he two. With Equities First Holdings, you will always get the best quality of loans with low-interest rates. The stock-based loans also have a non-recourse characteristic which works by lending the borrower disengage his loan capabilities from the lender automatically without anyone coming after the asking them to pay back the loan. For this reason, you will also work to get the best practitioner methods to have you secure the loans.

Brazilian Banker Ricardo Guimarães Weighs-In On The New Anheuser-Bush Incentive Plan

Some beer drinkers consider themselves beer experts. They experiment with different brews and breweries and then decide which craft beer will be “their beer.” Having a craft beer that a beer love can own as “his” is important, but a large number of those beer lovers don’t realize that the St. Louis based brew master, Anheuser-Bush, may be the company that owns their favorite craft beer.

The craft beer market in the United States has skyrocketed in the last few years thanks to a new group of American beer drinkers. Foreign investors have also played a part in the surge in craft beer sales, according to Brazilian Banker Ricardo Guimarães who is also a beer investor and lover. Brazilian breweries make a pretty good beer, and they control the market because the government has controlled imports for years. But beer making and selling is changing in Brazil, and it is also changing in the United States.

Over the past five years, AB InBev has invested in several craft beer companies. AB InBev recognizable brands like Budweiser and Bud-lite have lost market share due to the surging craft market. In order to win back that market share, AB InBev is offering American distributors an incentive plan that could put $200,000 a year back into their bank accounts. All distributors have to do is promote AB InBev craft brands instead of independent craft brands.

Anheuser-Bush will reimburse the distributor for half of the marketing and retail display costs. That plan started at the beginning of 2016, and one distributor has already agreed to follow the plan. According to banker Ricardo Guimarães, the plan is considered a payoff to gain market share, and in his opinion, that kind of deal should be illegal. The United States Department of Justice may agree with him. After receiving several complaints from craft breweries, the DOJ is investigating the AB InBev plan.

Ricardo Guimarães is familiar with plans that push small businesses out of business. Guimarães is not just a banker, he is a wealthy businessman that has interests in mining, coffee, cattle, beer and soccer. The Guimarães family bank, the BMG Bank, sponsors soccer clubs. The bank has become one of the most recognizable banks in the country thanks to the three letter orange logo that soccer players wear on team jerseys during matches. BMG Bank is a very profitable bank and Ricardo Guimarães is a respected business man that happens to love the game of soccer.

The AB InBev incentive plan may sound good to Anheuser-Bush investors, but it’s not a good deal for consumers. Even the distributorships will find that selling one company’s products exclusively doesn’t work in the long run, and the beer distributing business is certainly a long-run venture.

Rising Above Challenges Like Marcio Alaor

Marcio Alaor, the vice president of BMG bank, is no stranger to challenges that he must face. He has worked to overcome all of the challenges that have been thrown his way and has handled all of them with grace. He has come out of all challenges as a stronger person.The first challenge that Marcio Alaor faced was in the way that he did not have a career. He worked as a shoe shiner. He knew that this was something that he could not do for the length of his life, but he had nowhere else to turn because he did not have a large number of skills or any formal education. While he was working as a shoe shiner, he knew that he had to do the best job possible to get the money that he needed and to move ahead in the world instead of being stuck at the bottom of the corporate ladder.

His hard work paid off. He did the best job that he could when he was a shoe shiner and an executive paid attention to it. The executive of the BMG bank liked the work ethic that Alaor had and saw the drive in him. He offered him a position at the bank. This, alone, was an opportunity that Marcio Alaor never thought he would have. It was a dream come true for the young man, but he still had some hurdles to jump over before he could relax in his position.

As an entry-level banker, Marcio Alaor had to learn everything about banking with a blank slate. He did not have the education that many bankers had and was not able to fall back on that in case something ever happened to the position that he had. Since he knew that, he worked even harder. This eventually led to him getting a better position at the bank. From there, he quickly promoted through the different banking positions. He learned everything that he needed to know as he went through the different positions.

He eventually worked so hard that he became the vice president of the bank. He did not skimp on any positions and managed to work as hard as anyone else in the bank had. He now holds the position that is similar to the one of the man who gave him his first opportunity in the banking world. When he has challenges as the vice president, he always knows that he can conquer them. Anything that he could face is small compared to the challenges he faced while rising through the banking world. From a shoe shiner to the vice president of one of Brazil’s biggest banks is not an easy task.

BMG Sponsors Marcelo Melo As Newest Athlete Under The Stewardship Of Ricardo Guimaraes

Recently, BMG bank announced a new sponsorship for tennis player Marcelo Melo, after signing a commercial agreement with the sportsman.
According to the Association of Tennis Professionals (ATP) world ranking; Marcelo Melo occupies the number one position in dual sport. Ricardo Guimaraes says that BMG bank’s logo will be exhibited on the sleeves of Marcelo Melo’s game uniform, training gear and other materials. The athlete said that the signed contract would assist him in preparing for the next Olympic Games that will take place next year in Rio de Janeiro.
Marcelo Melo noted that the help from the sponsorship was important for it enabled him and his partner, Ivan Dodig, to be double champions at the Master 1000 Paris. The bank wants to augment their projects so that they can win more titles and prepare well for the upcoming sporting event in the world.
The partnership that was signed in early November comes with a wealth of value. Ricardo said that the investment was worthy, as Marcelo Melo arrived in Brazil amid celebrations after conquering another tournament. This time round, he carried the doubles championship trophy that he won together with his partner, Ivan Dodig, in the 1000 Master of Paris. It was the Brazilian’s fourth uninterrupted win.
This year alone, Marcelo Melo has won in the Tokyo and Vienna championships, ATP’s 500 Acapulco, as well as Rolando Garros and Master 1000 Shanghai. BMG bank embraces the tradition of valuing sport and talents in the state of Minas Gerais. It also sponsors various categories in Brazil especially the visibility and prominence of sportspeople on the international stage. Ricardo Guimaraes points out that it is imperative to support athletes that are committed, dedicated, and disciplined. According to Ricardo Guimaraes, Marcelo Melo has displayed excellent abilities thus deserving the opportunity.
Ricardo Guimaraes is the president and owner of BMG bank. He has played an active role in the management of the company for more than 30 years. BMG was established in 1930. Ricardo Guimaraes is a top financial analyst not only in Brazil but also across the world. In 2004, Ricarrdo received the Grand Collar of the Legislative Merit award. He has been supportive of all sports besides being a successful businessman. Ricardo Guimaraes also values sports promotion especially sponsoring professional athletes in enhancing their careers. In 2010, he established the Ricardo Soccer BR1, which is an investment fund that deals with football athletes. BMG continues to register impressive consumer base besides enhancing its profitability margins.
Source: R7.com

Marcio Alaor BMG

Vice President and Director Marcio Alaor is one of the top executives of BMG bank. With Marcio Alaor as vice president and director of the bank, BMG has been able to firmly establish itself as a leading financial institution in Brazil. The bank has existed for nearly a century and has provided people with a number of services that make financial management very beneficial. With BMG bank people can take advantage of a number of services which include investments, loans, credit cards, deposits and insurance. As a result, anyone looking to get well rounded financial services from a financial institution will be able to with ease from BMG Bank.

One of the more beneficial financial services offered by BMG bank is loans. With loans many people can get the financing they need in order to complete the purchase of things such as real estate and vehicles. Since these two items are quite expensive, individuals will often need assistance from the bank to acquire things such as these. Fortunately for consumers, the bank offers very generous terms along with low interest rates in order to make homes and vehicles very affordable. By getting loans, people will have not only money they need in order to purchase these high priced items but also the ability to improve their quality of life with better homes to live in and better vehicles to drive.

Another service offered by BMG bank is credit cards. With credit cards, individuals will have a certain amount of funds available to make purchases as well as give themselves a form of short term financing. Using credit cards is both ideal for emergency situations as well as the ability to make purchases on a more convenient basis. If anyone gets into a situation where they need money right away and don’t have funds available, a credit card will enable them to make the financial transaction with no difficulty. When people are looking to make a purchase and don’t feel like spending their cash, they can use a credit card to pay for any consumer goods or meals with ease.

Individuals looking to bank with BMG can also take advantage of investment and insurance services. Investment services give individuals the opportunity to put their money in securities which grow their savings as well as provide them with income. This will allow them to establish financial security. Using insurance provides them protection for their home, business and other property.

Recognition And Honour Of Marcio Alaor, Banco BMG At Square Inauguration

The day started well and came the most awaited time to honor and recognize the efforts of one of their own from San Antonio community of Mount. All that happened during the 33rd agricultural exhibition that likewise saw the launching of Alaor Marcio Araujo, food court. It was a fitting tribute to the individual who served his community and had its acknowledgment by having the square with his name. The honoring was not meant to make the business visionary Marcio Alaor of MG bank won as a tribute for helping the city. However, a plate was additionally made; lauding the significance of his works and that clarified the love from everyone and the manner they acknowledged everything achievement the executive had accomplished.
While the introduction happened, lawmakers and neighborhood leaders gave the significance of that ceremony in recognition of the work that the business Marcio Alaor did and intended to do for Santo Antonio, his birth place. During the introduction of the beautiful event, Mr. Luís Antônio also portrayed the honor towards Marcio clarifying that he was grateful for his nation individuals including those who work in the Exhibition Centre. Luis Antonio stressed the identity of Marcio Alaor and reminded people that he never disregards the city’s issues, and that was not done in return for political favors.
Wilmar Son was present at the season of opening the nourishment court furthermore discussed the essence the business visionary Marcio Alaor added to Santo Antonio. He also highlighted converting the place that was used as grain stockroom before. Space will then be improved and utilized as a food court. At the point when Marcio Alaor took the floor, the Vice President of BMG Bank, accentuated his past and his vision world in reporting some of his past and his tribute impressions.
In telling a touch of his history, how he buckled down as a shoeshine kid, Marcio Alaor highlighted how he was not just concerned with the money issues, and he was a man who knows how to thank and honor the general population that entails offering assistance whenever necessary. On the other hand, using his words, the business person expressed gratitude toward his family and felt respected to get tribute while still alive. He noticed that such respects normally happen to the individuals who don’t exist in this life. Feeling advantaged to this differential occasion, Marcio was quick to talk about Santo Antonio and how he is willing to change the city by offering any help whenever necessary. Nearby authorities were present to witness the Marcio great day and used the chance to raise other relevant City issues and have the backing of some greatest officials in Brazil.

Ricardo Annes Guimaraes

Ricardo Annes Guimaraes recounts growth in the Brazilian population has played a significant role in consolidating favorable conditions for the consigned credit market to grow among other factors such as the Gross Domestic Product. BMG Bank joined this industry in 2004 when it was worth six billion dollars, and at that time, the credit explanatory was put at 22 percent. This has since grown to 50 percent, hence increasing the bank’s market share from 20 to 80 percent. In 2004, the consigned credit industry was worth 85 billion dollars, but this has grown to become about 60 percent of today’s personal credit in the market.

BMG’s Large Distribution Channel

Ricardo Annes Guimaraes is of the opinion that the industry has grown this far due to the effort, discipline and teamwork his bank has put into the industry. As such, the industry is undergoing one of the fastest growths in Brazil’s financial history. According to Ricardo Annes Guimaraes, his company has the largest customer base owing to its 3000 points of sales and 50,000 agents in each municipality, hence significantly increasing the bank’s ability to serve the existing customer base faster and more efficiently while reaching out to potential clients and introducing them to bank’s policies and credit services. In addition, BMG Bank has one of the cheapest credit as well as lowest return on equity, which makes it suitable for most potential clients. It is no doubt that the bank gets a sense of loyalty from its clients and has become a first mover in the consigned credit market today.

BMG Bank has also ventured into international markets by launching its branches in neighboring countries, hence diversifying its equity. The bank also sponsors several sports clubs including volleyball, basketball and soccer teams playing in the first and second league.

The Biography of Ricardo Annes Guimaraes

Ricardo Annes Guimaraes first joined the Banco BMG S.A. as a financial executive officer in 1989 before becoming its vice president in June 2004. He has since served as the chief executive officer of Banco BMG S.A. since 1996. This was after his appointment as vice president of Grupo BMG S.A. de C.V. Ricardo Annes Guimaraes has also acted as the group’s director since 2008 and is currently a member of the board of councilors of Banco BMG S.A. He graduated from Una-Faculdade de Ciencias Gerenciais in 1988. He has a bachelor’s degree in business administration.

The Achievements Made By BMG Under Marcio Alaor

The creation and development of banks globally has provided individuals, government and corporations with innovative financial services and products. Banco de Minas Gerais has been providing financial services for long. The institution, which has been around since 1930 has a reputation that supersedes other banks in Brazil and worldwide. Since its conception, the financial institution has been under the management of the Pentagna Guimaraes family.
The bank offers different services that attract diverse customers around the country. The services offered by BMG include home equity loans, pay roll services, tender financing, automobile financing as well as small and medium business financing. The affordable interest rates on loans and conservative credit policy has enabled the bank to increase its client’s base. Another reason for the success of the bank is the portfolio firms they seek to work with. A high quality portfolio can help in the growth and development of any financial institution. All of BMG’S credit decisions are undertaken by the credit committee structure, which was created as a platform for effectively meeting the clients’ demands while increasing profit for the bank.
Marcio Alaor, the director and vice president of the bank, has been very instrumental in enhancing the growth of the bank. He played a pivotal role in the partnership between BMG and Itau Unibanco towards the commercialization, distribution and creation of pay roll services. The partnership is meant to increase the pay roll services and increasing the clientele base. The contract was signed in July 2012 and the Banco Itau BMG Consignado SA partnership was brought into existence. The joint venture was successful and the two institutions ended up drafting a second agreement in 2014, which cemented the business bond. Banco de Minas Gerais has total stock votes of 40% while Itau Unibanco has the remaining 60%.
Initially, when BMG started its operations, its area of focus was heavy vehicle financing and wholesale financing. As it continued to develop, they added a number of services that enabled BMG to meet the diverse needs of different clients. The bank has a board of directors. These directors are in charge of integration of governance policies in the day-to-day bank operations. The bank also works with Marcio Alaor in executing decisions, which they feel will add value to BMG. The board has created initiatives that have been vital to the growth and operation of the BMG. Some of these initiatives include the Anti-Money Laundering programs and the department of independent strategic and audit relations.