by Brian Pillmore | Feb 18, 2023 | Brian's Blog
Every single moment is unique. Sure, there may be similar themes and parallels, but there are always new players, shifting circumstances, and evolving trends.It’s never the same. Just because one country rises to prominence in a similar way to one 1,000 years ago,...
by Brian Pillmore | Feb 18, 2023 | Brian's Blog
“Dad, can I skip school for a day and come to work with you?” I was pretty surprised by the ask, as my son loves school, but I agreed to let him come with me as long as he was ready to go by 6am. I walked out the door thinking it would never happen because...
by Brian Pillmore | Feb 16, 2023 | Brian's Blog
I bet it ties back to 1 thing: People. There are some industries where people buy on a whim with just a little knowledge about the product.Finance & Banking – Not so much. In theory, they aren’t complicated industries… Manage people’s money in a way...
by Brian Pillmore | Feb 14, 2023 | Brian's Blog
Because for the first time in 15 years — you HAVE to. A risk continuum has to do with the interest rates that a bank charges, but before we dive deeper, you need to understand some called the “index” rate, or the “risk-free” rate.To put it simply, this is the rate you...
by Brian Pillmore | Feb 14, 2023 | Brian's Blog
In a sea of green paper, you have to find a way for your bank to stand out. Let me tell you about a man we’ll call Matt who found his unfair advantage in an industry with far less room to stand out than banking — Building metal structures. Matt’s structures weren’t...
by Brian Pillmore | Feb 10, 2023 | Brian's Blog
This is the most well-predicted recession, not just in a long time, but possibly ever. Lenders aren’t making the same mistakes as they did prior to the great recession. Loans are well collateralized.Appraisals are conservative.Underwriting is staying “in the...
