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Inside Memphis Business
THE TIP SHEET
by Jon W. Sparks and Samuel X. Cicci

 
IN THIS EDITION
What's happening: Arts Build Communities grants
News from other sources: Greyhound racing going out
Upcoming: Tequila! School Expo!
Hot Sheet: Who’s going where
Power Player: Timothy J. Finnell
Quotable: Wayne Pacelle
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WHAT'S GOING ON

- ArtsMemphis has announced that Arts Build Communities grants have been awarded to 30 non-profits in West Tennessee. The grants will be used for artistic and cultural projects that benefit Shelby, Fayette, Lauderdale, and Tipton counties. ABC grants are funded by the Tennessee Arts Commission (TAC) and administered by ArtsMemphis. The grants offer financial support for projects in arts disciplines including dance, music, theater, visual arts, design arts, crafts, photography, literature, interdisciplinary and folk arts. 

- For the cost of one median-priced home in San Francisco you could buy an average of 11 homes in Memphis. LendingTree made such calculations for each of the nation’s 50 largest cities. In Detroit, you could buy 23 for 1 in SF. Other cities: Milwaukee: 9, El Paso: 9, Indianapolis: 8.

- Point2 Homes, a real estate portal for home searchers, had rated the country's most dynamic cities. What's that mean? According to the surveyors, it's a measurement of growth and progress using 18 indicators, grouped into four main dimensions (Human Capital, Education and Culture, Economic Activity, and Housing). Memphis has the 31st spot in the large cities category, while in the overall ranking it takes 125. "Memphis stands out due to its increase in the share of residents working in arts and entertainment (the 21st largest of the 150 cities analyzed). And Memphis scores well in the increase in the number of internet subscriptions (22nd place).

- RVW Wealth LLC, a registered investment adviser, has opened an office in Memphis. The office will be staffed by local Memphians who have all spent time in the firm’s Los Angeles office.


NEWS FROM OTHER SOURCES

- Live greyhound racing comes to an end at Southland Casino Racing by December 2022. Read Toby Sells' story in the Memphis Flyer here.

- It's a new type of scooter coming to Memphis next week. With OjO scooters, you can stand or sit, and they're docked. Read Maya Smith's story in the Memphis Flyer here.

- Karl Schledwitz to city: Save $1 million a day — it's not that complicated. Read his commentary on how to pay for power in The Commercial Appeal here.

- Cybersecurity software company DEVCON is expanding and moving its headquarters to Memphis with an investment of $2.4 million and bringing 161 jobs. Read the story by Sam Stockard and Jane Roberts in the Daily Memphian here.
Memphis Magazine
UPCOMING

- Memphis Tequila Fest, 6-9 p.m. Friday, October 25th at Overton Square. Memphis Flyer's third annual celebration with more than 30 types of tequila. Tickets $44. Info is here.

- Memphis Parent's School Expo, 10 a.m. to 1:30 p.m. Saturday, October 26th at Memphis Botanic Garden. Meet school staff, see informational videos, and pick up take-home materials for planning your child's education. FREE. Info is here.

- Crafts & Drafts, 10 a.m.-5 p.m. Saturday, November 9 at Crosstown Concourse. The fifth annual Memphis Flyer event is a day of local shopping and local brews. Family-friendly, dog-friendly and FREE. Info is here.

- The Memphis Grilled Cheese Fest, noon to 6 p.m. Sunday, Nov 10 at 412 N. Cleveland. It's family-friendly and dog-friendly, benefiting ALIVE Memphis Rescue. More info here.

- Holiday Spirits Winter Cocktail Fest, 6-9 p.m. Friday, November 22 at Overton Square. Stroll through Overton Square sipping cocktails, listening to music and waving to Santa. Info is here.

- Need to know what to do this weekend? Check out Memphis Magazine's Five Things To Do This Weekend here.


THE HOT SHEET

Who's getting promoted? Who's closing big deals? Who's getting awards? Inside Memphis Business magazine's Hot Sheet has the latest on milestones in Memphis.

- Citywire USA named Century Wealth Management as a “Future 50 RIA.”

- United Van Lines recognized Memphis-based Armstrong Relocation as its top revenue-producing agent in the President’s Club.

- Paragon Bank was listed as one of the top 10 among 85 national banks in the American Banker Best Banks to Work For in 2019 program.
Memphis Parent School Expo
POWER PLAYER

Inside Memphis Business magazine publishes a list of local Power Players every year. These are the movers and shakers in more than 30 categories who get things done in their respective fields. IMB’s April issue has the complete list. We also publish individual categories in other issues throughout the year, and we feature individual Power Players in our weekly Tip Sheet.
This week’s Power Player is Timothy J. Finnell, president and founder, Group Benefits LLC. B.B.A., U of M. Firm provides strategic planning for companies seeking employee benefits solutions. Frequent speaker on healthcare and benefits. Interviewed by The Wall Street Journal, CNNMoney. Executive of the Year Finalist, Memphis Business Journal; 2015 and 2016 Pacesetters Award Honoree, Memphis Business Journal. Certified Healthcare Reform Specialist, Chartered Financial Consultant. Member, Memphis Health Underwriters Association, American Society of Financial Service Professionals.
For the complete list of Inside Memphis Business Power Players, go here.
 
QUOTABLE

"This is ... good for dogs and for Southland and its reputation.”

- Wayne Pacelle, founder of Animal Wellness Action on the planned ending of greyhound racing at Southland Casino Racing. Read more from The Memphis Flyer.
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