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Banking & Finance

Take the long view regarding stock market volatility

By BECKY GILLETTE In December 2018, U.S. stock markets had their worst performance since 1931. The Dow Jones had its worst Christmas Eve on record. While those facts are very concerning, Mississippi investment advisers are recommending clients stay the course and avoid the temptation to sell stocks when the market is down so much. “The best advice I give my ...

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PriorityOne Bank announces promotion of Barry Winford

Robert J. Barnes, President and CEO, PriorityOne Bank, announces the promotion of Barry Scott Winford. Winford will be serving as chief credit officer for PriorityOne. Barnes stated, “We are so pleased to have Barry join our team at PriorityOne Bank, his previous banking experience and his commitment to the Rankin County community make him a valuable asset to our institution.” ...

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Bank to sell historic Mississippi home and inn at auction

A southwest Mississippi historic home and inn will be auctioned after a bank foreclosed.The Natchez Democrat reports the Dunleith Historic Inn will be auctioned Feb. 1. Owner Michael Worley filed for personal bankruptcy last year, citing $107 million in debts and $80 million in assets. The house is among the most recognized antebellum structures in Natchez. A federal judge recently ...

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MacKenzie commemorates 25 years with Ameriprise Financial

Robert Stuart MacKenzie, CFP, CRPC, a private wealth advisor with MacKenzie & Associates, a private wealth advisory practice of Ameriprise Financial Services, Inc. recently celebrated 25 years with Ameriprise Financial. MacKenzie has served residents of the Kosciusko area since 1993. “I am thankful for the career I’ve had in financial planning,” said MacKenzie. “I’ve enjoyed each day over the last ...

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McRae No. 22 in the Bank Investment Consultant’s Top 100 Bank Advisors list

John C. McRae, who is a member of Citizens National Bank’s Wealth Management Division, as well as a Branch Manager and Senior Financial Advisor with Raymond James Financial Services, was chosen as No. 22 of 100 nationally on the list of Bank Investment Consultant’s Top 100 Bank Advisors. Bank Investment Consultant is a leading publication in the bank investment services ...

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Trustmark names Kennedy new chief information officer

Trustmark Corporation announced that David C. Kennedy has been named executive vice president and chief information officer of Trustmark National Bank. Kennedy has more than 20 years of experience, with his most recent leadership role as Chief Technology Officer of Stone Energy Corporation in Lafayette, Louisiana. In this position, Kennedy was responsible for corporate technology and innovation initiatives and directed ...

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JUSTIN KELLY — You can’t time the market

Why you should avoid practicing market timing There are many things that could affect the overall equity market and any individual stocks you may own—from economic trends to geopolitical events like an election. What is certain is that the market will always have its peaks and dips. This market cycle can make it tempting for investors to attempt to buy ...

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Phillips-Gaines named one of InvestmentNews’ 20 Women to Watch

InvestmentNews has recognized Lynn Phillips-Gaines of Phillips Financial in Starkville as a 2018 Women to Watch honoree. As one of the 20 winners, she was chosen from more than several hundred nominations for her leadership, contributions and impact in the financial advice industry. Each of the advisers and executives who made the fourth annual InvestmentNews Women to Watch list were ...

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Conerly joins First Bank

First Bank hired Charlie Conerly as Vice President Loan Review. Conerly joins First Bank with 25 years of previous banking experience. Conerly earned his Master of Business Administration Degree from the University of Mississippi. Having grown up in Jackson, he attended Jackson Academy. Conerly and his wife, Lynn McCord Conerly, live in Terry and attend Crystal Springs United Methodist Church. ...

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