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Waterbury Business News Archive
City Wide
State State Focus on Waterbury In response to a report highlighting challenges faced by the state's Social Equity Council, Connecticut State Comptroller Sean Scanlon has proposed reforms aimed at improving the council's effectiveness in promoting social equity in the cannabis industry. Waterbury, with its significant population of minority residents, has a vested interest in ensuring that the council has the resources and support it needs to fulfill its mission. Scanlon's recommendations include increasing the council's budget, hiring more staff, and providing the council with more independence. The comptroller also suggested expanding the council's membership to include representatives from diverse backgrounds, including Waterbury. 2024.09.24 Federal, State, City
Business City = Top 10 list of surging house values ctpost; excessive popups, article; 2024.04.14 City Wide
various neighborhoods Waterbury Gets $1.2 million in federal money Waterbury's Grace Baptist Church gets $180,000 Passage of government funding bills secures $174M for CT CTMirror; article; 2024.03.25 City Wide
Waterbury's 'State of the City' (wfsb.com); video; 20230323 Regal Closes Waterbury Cinema
WFSB News3; Article; 20220927T Out-of-State TSC Bought 20 Acres of Prime Land Out East
Hardford Business; Article; 20220927T About Home Heating Costs in Waterbury
Video and Article; WFSB; 20220907 Attention New and Small Businesses: ID Your Product for Increased Sales
https://www.linkedin.com/posts/waterbury-development-corporation_out-with-the-old-demolition-begins-on-blighted-activity-6962736949669330944-X7F8?utm_source=share&utm_medium=member_desktop
Waterbury’s WATR: Sold
(rep-am.com) 20220520 [subscription required] Brass Mills Center: SOLD !
Brass Mills Commons: SOLD ! Waterbury’s Premier Mall and Plaza sold (rep-am.com) 20220420 [subscription may be required] Eversource Upgrading Natural Gas System in Waterbury
eversource.com Waterbury’s Timexpo site gets new tenant
(rep-am.com) 20220405 [subscription required] Local Forum Plastics Donates to High School
LinkedIn Link Here. Barbershop has right buzz: Loyal customers have Tropical Cuts business booming
rep-am.com [subscription may be required] 
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Path to Financial Planning Profession Increased Diversity
(NewsUSA) – More than 600 diversity and inclusion experts and leaders of financial services firms recently came together for a virtual discussion about how to increase racial and gender diversity in the financial planning profession. The CFP Board Center for Financial Planning’s third annual Diversity Summit also convened financial planning practitioners, college and university academic program directors and students, and organizations representing diverse constituencies for the three-day, virtual, event. The Summit focused on moving from talk to action with metric-driven, long-term diversity, equity and inclusion initiatives that can strengthen the profession.
Attendees explored the challenges and opportunities related to implementing and sustaining firms’ diversity, equity and inclusion initiatives and gained insights into successful programs that have created culture change and advanced women and people of color within the profession. They also heard from Certified Financial PlannerTM professionals from diverse communities about their personal experiences working in the profession.
Additionally, the Summit shared case studies showcasing best practices for diversity, equity and inclusion initiatives. A new report released during the event highlighted several advisory firms that have successfully pursued more diverse and inclusive models and provided actionable strategies for firms and individuals seeking to replicate that work.
Diversity in Action: How to Sustain the Financial Planning Profession outlined building-block recommendations for establishing effective programs, including:
Fostering profession-wide inclusiveness is a key challenge for financial planning, as the current advisor workforce does not reflect the population it serves today, or the client base it expects to serve in the future. The Diversity Summit is one of several initiatives seeking to address this challenge by attracting younger, more diverse talent to the profession and supporting the career advancement of female, Black and Hispanic financial planners.
To learn more about the Diversity Summit and the Center’s other diversity programming, visit CFP.net/The-Center-for-Financial-Planning. Sharing perspectives and information about what is working to advance diversity and inclusion will create opportunities for the financial planning profession to expand the talent pipeline and broaden its service to all Americans.
Attendees explored the challenges and opportunities related to implementing and sustaining firms’ diversity, equity and inclusion initiatives and gained insights into successful programs that have created culture change and advanced women and people of color within the profession. They also heard from Certified Financial PlannerTM professionals from diverse communities about their personal experiences working in the profession.
Additionally, the Summit shared case studies showcasing best practices for diversity, equity and inclusion initiatives. A new report released during the event highlighted several advisory firms that have successfully pursued more diverse and inclusive models and provided actionable strategies for firms and individuals seeking to replicate that work.
Diversity in Action: How to Sustain the Financial Planning Profession outlined building-block recommendations for establishing effective programs, including:
- Tailoring initiatives to a firm’s unique mission and values to ensure long-term sustainability
- Developing a mission and vision statement specifically for diversity, equity and inclusion programs
- Ensuring executive leadership is committed to prioritizing diversity, equity and inclusion efforts
- Developing a clear strategy with goals and tactics to guide implementation
- Establishing and tracking meaningful metrics
- Inviting feedback and contributions from all employees
- Using surveys and questionnaires to support the evaluation of program status and progress
Fostering profession-wide inclusiveness is a key challenge for financial planning, as the current advisor workforce does not reflect the population it serves today, or the client base it expects to serve in the future. The Diversity Summit is one of several initiatives seeking to address this challenge by attracting younger, more diverse talent to the profession and supporting the career advancement of female, Black and Hispanic financial planners.
To learn more about the Diversity Summit and the Center’s other diversity programming, visit CFP.net/The-Center-for-Financial-Planning. Sharing perspectives and information about what is working to advance diversity and inclusion will create opportunities for the financial planning profession to expand the talent pipeline and broaden its service to all Americans.
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Bookmark our Business Page and sign up for our newsletter to stay informed about the latest happenings in Waterbury's business community. Keep up with the city's dynamic economic landscape and discover the diverse range of businesses that call Waterbury, CT home.
Our comprehensive Business Page offers a wealth of information on local companies, from innovative startups to established industry leaders. Stay informed about business developments, expansions, and milestones that contribute to Waterbury's economic growth and vitality.
Explore in-depth articles featuring new businesses in the area, showcasing their unique offerings and how they're making an impact in the community. Learn about the city's historic businesses and their enduring legacies, highlighting their contributions to Waterbury's rich history and culture.
Stay connected with the Waterbury business scene through engaging profiles, interviews, and success stories of local entrepreneurs and business owners. Gain valuable insights into industry trends, market updates, and investment opportunities in the region.
Bookmark our Business Page and sign up for our newsletter to stay informed about the latest happenings in Waterbury's business community. Keep up with the city's dynamic economic landscape and discover the diverse range of businesses that call Waterbury, CT home.