Contact Editor Gene
Winter Greater
Richmond Partnership
23219-1234
|
Greater Richmond is one of the leading regional centers of financial and insurance expertise in the United States. You name it, and the Greater Richmond region has it: commercial banking, brokerage firms, investment banking, insurance, risk management, credit cards, mortgage lending, money managers and a host of financial specialties.
Banking. Richmond is notable for the presence of the Federal Reserve Bank of Richmond, which oversees banking activity in the fifth Federal Reserve district covering the Mid-Atlantic states. The city serves as the banking center for most of Virginia south of metro Washington, with Wachovia, SunTrust and Bank of America each maintaining important regional banking operations here.
Brokerage/Investment banking. Another key player is Wachovia Securities, the third largest brokerage firm in the United States. Wachovia recruits world-class financial talent into the region, and its alumni have started numerous start-ups, contributing to the wealth of specialty firms in the region. Besides Wachovia, a number of investment banking firms – Scott & Stringfellow, Harris Williams, Ewing Bemiss, Matrix Capital Management – serves the middle market.
Insurance. Genworth, a Fortune 500 company, leads the list of major insurance companies in the region, but it’s hardly alone in the insurance field. Markel Corporation, a provider of specialty insurance products, and Land America, a provider of title insurance, rank in the Fortune 1000, while Hilb Rogal and Hobbs is the eighth-largest insurance broker in the United States.
Specialty Finance. Greater Richmond also is home to a wide range of specialty finance firms. The largest and best known is Capital One, a provider of credit cards and other consumer financial services. Although Capital One is headquartered in Northern Virginia now, it was founded here and maintains its major operations here.
Business Schools. The financial sector has prospered in the Greater Richmond region because companies have access to a wealth of talent. Not only is Richmond home to two respected MBA programs locally at the University of Richmond and Virginia Commonwealth University, Richmond-area companies recruit heavily from two business programs in Virginia ranked by Financial Times as among the Top 100 in the world in 2006: the Darden School at the University of Virginia (No. 24) and the School of Business at William & Mary (No. 51), as well as one school, the Pamplin School of Business at Virginia Tech (No. 58) in 2005.
About the Greater Richmond Partnership
The Greater Richmond Partnership, Inc. is a single point of contact to the network of public and private sector resources that support the business location process. The Partnership can serve as a key member of your team to assess and analyze the critical business factors necessary to make an informed decision. Current information and data on business costs, real estate, wages, taxes, available business services, workforce training, and taxes and business incentives are available in a customized format. All services and communication are conducted in a completely confidential manner.
The Partnership maintains offices and representatives in Europe (Cologne, Germany), the United Kingdom, Korea, and China. The Greater Richmond Partnership, Inc. includes the City of Richmond and the surrounding counties of Chesterfield, Hanover, and Henrico. The Metropolitan Statistical Area population exceeds 1.1 million.
Ask us why companies such as Genworth, Wachovia Securities, Markel Corp., Land America, and so many other banking, securities and insurance firms are located in the Richmond region.
About Greater Richmond Working Capital
Greater Richmond Working Capital, a quarterly website/newsletter supported by the Greater Richmond Partnership, tracks the financial and insurance sector in the Richmond region. The publication has two goals:
1. to promote the building of new business relationships and foster an exchange of ideas within the region that will lead to greater creativity and innovation; and
2. to show industry players and service providers outside the region that Greater Richmond possesses a rare depth of human capital in this critical sector.
The website has two main functions: to archive the newsletters, and to house the Greater Richmond Working Capital Directory.
Finance Directory
Greater Richmond Working Capital has compiled a directory of companies engaged in finance and insurance as a primary business. If you would like your business enterprise to be included in the directory, please submit the following information to jabacon@baconsrebellion.com:
Name of organization Website URL Brief description (50 to 100 words)
And, in case we need to contact you, your name, e-mail address and phone number
Press Releases
If you would like Greater Richmond Working Capital to publish your press releases in the website and quarterly newsletter, please e-mail it in Microsoft Word format to jabacon@baconsrebellion.com.
Subscribe/Unsubscribe
Subscriptions to Greater Richmond Working Capital are free. To subscribe, click here.
We do ask you to fill out a simple form – no telephone numbers or mailing addresses required -- so we can create a profile of our readership. We may share the identity of subscribers with our sponsor, the Greater Richmond Partnership. However, we will not share information with, or sell them to, anyone else.
You can unsubscribe easily at any time. Just click here.
Forward to an Associate
As the financial-insurance cluster in the Richmond area grows, we all prosper together. Attracting new players to the region:
You can help build the financial sector by forwarding the Greater Richmond Working Capital newsletter to friends and associates who might want to keep up with the field.
By using the “forward to a friend” feature found in your e-mail, rather than using the forward feature in your e-mail reader, you can make sure that the recipient gets a clean, uncorrupted copy.
Even better, urge your friends and associates to subscribe to Greater Richmond Working Capital. Did we mention -- it’s free!
The Greater Richmond Partnership provides the funding for this website and the publication of four editions annually of the Greater Richmond Working Capital. If you would like to co-sponsor this initiative, you can do so by underwriting the expense of publishing additional editions of the newsletter. For details, contact the publisher at jabacon@baconsrebellion.com.
About the Publisher
Bacon & Eggheads LC developed Greater Richmond Working Capital, administers the website and publishes the electronic newsletter. Bacon & Eggheads also publishes companion newsletters, Greater Richmond Catalyst, Greater Richmond BioSynthesis, and Greater Richmond Logistics, as well as blogs and newsletters for other clients.
|
|
Finance in Greater Richmond: We've Got It All
About the Greater Richmond Partnership
About Greater Richmond Working Capital
|