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Homrich Berg Brings in Andrew Page as Head of Corporate Development

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Homrich Berg Brings in Andrew Page as Head of Corporate Development
News

News

Homrich Berg Brings in Andrew Page as Head of Corporate Development

2024-04-23 00:13 Last Updated At:00:20

ATLANTA--(BUSINESS WIRE)--Apr 22, 2024--

Homrich Berg (HB), a leading Atlanta-based RIA serving families and investors across the country from its offices in the Southeast, welcomes Andrew Page as Head of Corporate Development. HB created this new position to add a leader with Page’s dealmaking experience, signaling the $16 billion enterprise firm’s continuing focus on growth by acquisition.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240417052994/en/

With a foundation in deal execution, business development, and strategic advisement in the wealth management industry, Page comes to HB to focus on fostering relationships with RIA firms and advisor teams which lead to partnerships aligning with the firm’s values. Prior to joining Homrich Berg, Page was a Director and Partner at Ancora Holdings Group where he led their M&A efforts and other strategic initiatives. He previously was a member of the investment team at Focus Financial Partners focused on the financial services industry leading all phases of the deal process from sourcing to execution and relationship management.

“Homrich Berg planted its flag 35 years ago in fee-only, fiduciary service and has built a reputation as one of the industry’s leading firms. Its commitment to holistic client service is a powerful starting point for any acquisition or partnership,” Page said. “The management team here is excellent, and HB’s thoughtful approach to growth creates a strong foundation for future strategic acquisitions.”

Page’s appointment as Head of Corporate Development comes as strong M&A activity in the RIA industry continues to defy headwinds. In the current deal climate, advisors seek strategic partners that see eye-to-eye on client service, long-term sustainability, and cultural alignment.

“We knew we needed a seasoned leader like Andrew, who understands both the M&A marketplace and the type of professionals who will align closely with HB,” said Thomas Carroll, President and CEO of Homrich Berg. “He joins us at an important point in our history as we continue to seek firms and advisors who are aligned with our values and value the benefits of joining our firm.”

This hire comes on the heels of Michael A. Woocher joining HB’s executive team as Chief Advisory Officer with a dedicated focus on leading advisors and client experience.

About Homrich Berg

Founded in 1989, Atlanta-based Homrich Berg is a national independent wealth management firm that provides fiduciary, fee-only investment management and financial planning services, serving as the leader of the financial team for our clients, including high-net-worth individuals, families, and not-for-profits. Homrich Berg manages over $16 billion for more than 3,500 family relationships nationwide. This document is not a recommendation.

Andrew Page, Head of Corporate Development at Homrich Berg (Photo: Business Wire)

Andrew Page, Head of Corporate Development at Homrich Berg (Photo: Business Wire)

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Workers at Georgia school bus maker Blue Bird approve their first union contract

2024-05-25 00:36 Last Updated At:00:40

FORT VALLEY, Ga. (AP) — A year after they voted to unionize, workers at a Georgia school bus manufacturer have approved their first contract.

The United Steelworkers union and Blue Bird Corp. said union members at Blue Bird's assembly plants and warehouse in Fort Valley have voted to approve a three-year contract between the company and the union.

The union said the contract will provide all 1,500 covered workers with at least a 12% raise, with some of the lowest-paid workers getting raises of more than 40%. The union says the company will contribute to a retirement plan for workers, share profits, and improve health and safety.

The negotiations had been closely watched by President Joe Biden's administration, in part because Blue Bird has gotten $40 million in federal aid to build electric school buses.

Biden released a statement Thursday saying acting Labor Secretary Julie Su had helped bring the negotiations to a successful agreement. Contract talks after a first union vote are often difficult.

“Congratulations to members of the United Steelworkers and to Blue Bird for proving once again that meeting our clean energy goals is an opportunity to create good-paying union jobs for American workers,” Biden said.

Blue Bird is one of three major school bus manufacturers in the United States, along with Thomas Built Buses, a subsidiary of Daimler Truck AG, and IC Bus, a unit of Navistar International.

Blue Bird had urged employees to reject unionization last year, but CEO Phil Horlock said in a statement Friday that contract talks had been “very collaborative” and that the company is “looking forward to a strong partnership with our USW team members.” The company said higher pay, benefits and opportunities for career development will help Blue Bird attract workers.

“We reached an agreement which provides positive outcomes for all parties involved and will continue to drive our One Team, high-performance culture,” Horlock said. “We are confident that the agreement will further bolster Blue Bird’s position as an employer of choice in the region."

Blue Bird is a publicly held company based in Macon. With about 2,000 employees overall, it has long been the largest private employer in Peach County.

The vote for the USW was a notable win for organized labor in the traditionally unfriendly Deep South.

“Federal investments like these must come with a seat at the table for workers,” United Steelworkers District 9 Director Dan Flippo said in a statement. “Our union has a long history in the South fighting for better wages and working conditions in a variety of industries, but for too long, corporations and their political cronies have tried to characterize the South as a place where they could run away from unions, cut corners and pay workers less."

The share of workers who are unionized nationwide has been falling for decades, dipping to 10% last year, according to the federal Bureau of Labor Statistics. And private sector workers are much less likely to be union members, with only 6% paying dues.

Organized labor is an even smaller sliver of Georgia workers, with only 4.4% of workers being union members. The state's business leaders have long been hostile to unions, with Republican Gov. Brian Kemp this year pushing through a law that would bar companies taking state incentives from recognizing unions without a formal secret-ballot election.

FILE -- An all-electric school bus sits on display in front of the Blue Bird Corp. factory in Fort Valley, Ga., on Feb. 8, 2023. The company and the United Steelworkers union said on Thursday, May, 23, 2024 that workers had approved an initial three-year contract after voting to unionize in May 2023. (Matthew Pearson/WABE via AP, file)

FILE -- An all-electric school bus sits on display in front of the Blue Bird Corp. factory in Fort Valley, Ga., on Feb. 8, 2023. The company and the United Steelworkers union said on Thursday, May, 23, 2024 that workers had approved an initial three-year contract after voting to unionize in May 2023. (Matthew Pearson/WABE via AP, file)

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