Economic Size Matters

Acuity with Barry Broome

Barry Broome has been tapped as the president and CEO of the newly formed Greater Sacramento Area Economic Council and will drive the organization’s mission to attract businesses to the Capital Region. His extensive background in economic development includes six years as the CEO of Southwest Michigan First and 10 years as the president and CEO of the Greater Phoenix Economic Council.

Apr 13, 2015 Christine Calvin
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Mental Wealth

Financial therapists know: It’s more than just the Benjamins, baby

There’s an old joke from the TV series “Friends”: Ross complains about how he’s torn between two women, so Chandler replies, “This must be so hard. Oh no, two women love me. They’re both gorgeous and sexy. My wallet’s too small for my fifties and my diamond shoes are too tight!” That’s the typical reaction when people hear about wealth psychology…

Mar 24, 2015 Jeff Wilser

Economics for 2015 and Beyond

Acuity with Sanjay Varshney

After a decade at the helm of Sacramento State’s College of Business Administration, Sanjay Varshney in late August accepted a position as a vice president and wealth advisor at Wells Fargo Bank—Wealth Management  Group. Varshney is a professor of finance at Sac State. He is also the  chief economist for the Sacramento Business Review, making him one of the region’s preeminent voices on economics, business and higher education.

Mar 23, 2015 Christine Calvin
Design by Lily Therens; elements from Shutterstock

More Money, More Problems

When to engage a wealth manager

The dramatic transfer of accumulated wealth from the baby boomer generation and regional employment gains could serve as a catalyst for individuals to engage with wealth management experts. Here are some of the most common questions (and answers) about wealth management:

Mar 20, 2015 Barry Brundage
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Get Up

Our tax system should make upward mobility possible for all

California has long been known as the land of opportunity, but for too many residents, opportunity is receding. Inequality continues to rise even though California has one of the most progressive tax structures in the nation. Something more is needed.

Mar 18, 2015 Robert Hertzberg
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Ready for Take-Off?

What would it take for an employer to tear you away from your home?

Relocating for a job is a tough decision. You’ll need to leave behind your friends, your professional network and the local dry cleaner who never judges your red wine stains. If you have a spouse and/or children, you’ll throw their lives into upheaval as well. So what would it take to pull you away from the Capital Region?

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The Art of Zen and E-commerce

Online business supports intentional living

Tucked away in the Sierra foothills, just north of Nevada City, is the Ananda World Brotherhood Colony. And while many spiritual communities like Ananda often fail after a few years, this one has managed to last for nearly 50 — partly because the advent of online commerce has made it easier for people in rural areas to support themselves.

Feb 27, 2015 Lisa Renner
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We Need to Leave Prop. 13 Alone

Raising property taxes will mean death for small business

California’s business climate is well-known for being unfriendly. CEO Magazine has rated California as the worst state in which to do business for more than eight years running.  Undoing Proposition 13’s provisions, as is currently being proposed, will make a big problem even worse by increasing taxes on the very businesses that create jobs and contribute to our economy.  

Feb 5, 2015 Jon Coupal
 Units in the renovated industrial space at Warehouse Artist Lofts feature exposed ductwork, original concrete columns and period-appropriate light fixtures.

Catalyzing R Street

Tax credits and public money make the numbers work for artist lofts

Here’s a recipe to breathe new life into a lifeless block of R Street: Start with a 5-story warehouse made of solid concrete, suitable for loft conversion. Add subsidized rents. Then attract artists, writers and other creative types, plus their spouses, lovers, kids and hangers-on. Sprinkle in baby strollers, coffee shops, galleries, some painful-looking piercings and plenty of ink on skin.

Jan 12, 2015 Morris Newman

Raise It Up

Our minimum wage should leave no one behind

Improving the minimum wage and making Sacramento a better place to do business are not mutually exclusive goals. Done properly, an increase to the minimum wage targeted at Sacramento’s working poor will strengthen the economy, benefit the entire community and help create the Sacramento that we all want.   

Jan 7, 2015 Jay Schenirer