Box and Won Posted August 30, 2011 Share Posted August 30, 2011 We are doing okay in the financial services industry, but we have lost several headquarters from financial services companies and that is regrettable. We have also lost most of the analyst jobs in St. Louis (BACAP, most of the AG Edwards analysts, the Mercantile Trust analysts, etc.). Hammond was acquired by Mercer, AG Edw. was acquired by Wells, Boatmens was acquired by NationsBank, and on and on. There are fewer high level jobs in the industry as a result. So, compared to 15 years ago, there are fewer high level finance jobs, but probably more lower paying jobs. The one thing that is true about St. Louis is that we have WAY MORE brokers, RIAs, financial planners per capita than most cities - and, ironically, that drives compensation in the industry down for obvious reasons. A significant number of former Edwards analysts were picked up by Stifel, as were execs in public finance, investment banking and other fields. And now, Wells Fargo has added a pretty significant number of jobs in STL with more to come. Stifel's growth has been explosive, as has Scottrade's, and Edward Jones has steadily increased its headcount over the last 15 years or so. It will be interesting to see what happens with the new Edwards firm. Ideally, I'd like to see them move their HQ downtown when they become a big enough to be a self-clearing firm and start adding lots of back office jobs. It seems like banking is where we've really taken a hit. At least U.S. Bank has retained a large number of its employees from its Mercantile days. Bank of America has not been as kind to STL - I know from experience. Quote Link to comment Share on other sites More sharing options...
bk18 Posted August 30, 2011 Author Share Posted August 30, 2011 The Aquinas Institute was rehabbed by Rick Yackey, who owns the Del Taco and up until recently owned the Pevely building at Grand and Chouteau. Any word on Del Taco? Quote Link to comment Share on other sites More sharing options...
Box and Won Posted August 30, 2011 Share Posted August 30, 2011 Any word on Del Taco? Yackey says he's willing to work on a solution to retain the building while reconfiguring it to make it more attractive to potential retailers. Sounds promising. Quote Link to comment Share on other sites More sharing options...
bonwich Posted August 31, 2011 Share Posted August 31, 2011 The Aquinas Institute was rehabbed by Rick Yackey, who owns the Del Taco and up until recently owned the Pevely building at Grand and Chouteau. Along with Bill Bruce and Rick Zimmerman. Paric aka Paul McKee did the actual work. Quote Link to comment Share on other sites More sharing options...
joe_davola Posted August 31, 2011 Share Posted August 31, 2011 Yackey says he's willing to work on a solution to retain the building while reconfiguring it to make it more attractive to potential retailers. Sounds promising.Bk is upset. He wants it gone. Not good news for bk. Poor guy. Quote Link to comment Share on other sites More sharing options...
bk18 Posted August 31, 2011 Author Share Posted August 31, 2011 Bk is upset. He wants it gone. Not good news for bk. Poor guy. I am not opposed unless they fix that building up seriously and get a really good tenant (Pi or Kaldi's would be amazing). Quote Link to comment Share on other sites More sharing options...
BACKHANDtheRICAN Posted August 31, 2011 Share Posted August 31, 2011 I am not opposed unless they fix that building up seriously and get a really good tenant (Pi or Kaldi's would be amazing).There's a Pi in CWE and one going in downtown in 2012...doubt they want three within 10 miles of eachother. It isn't dominos, BK. Owned. Quote Link to comment Share on other sites More sharing options...
P.B. Posted August 31, 2011 Share Posted August 31, 2011 We are doing okay in the financial services industry, but we have lost several headquarters from financial services companies and that is regrettable. We have also lost most of the analyst jobs in St. Louis (BACAP, most of the AG Edwards analysts, the Mercantile Trust analysts, etc.). Hammond was acquired by Mercer, AG Edw. was acquired by Wells, Boatmens was acquired by NationsBank, and on and on. There are fewer high level jobs in the industry as a result. So, compared to 15 years ago, there are fewer high level finance jobs, but probably more lower paying jobs. The one thing that is true about St. Louis is that we have WAY MORE brokers, RIAs, financial planners per capita than most cities - and, ironically, that drives compensation in the industry down for obvious reasons. St. Louis has the second most licensed financial professionals in the US, only behind NYC. That comes from having 4 finacial firms headquarters here, not a surplus of brokers. We are obviously doing more then okay Quote Link to comment Share on other sites More sharing options...
bk18 Posted August 31, 2011 Author Share Posted August 31, 2011 There's a Pi in CWE and one going in downtown in 2012...doubt they want three within 10 miles of eachother. It isn't dominos, BK. Owned. BK owned? LOL Crack me up sometimes. "local pizza chain Pi confirmed last week that they're interested." Read more: http://www.stltoday.com/business/local/article_27e556b4-bff2-5c92-a8d0-68fb869ce9aa.html#ixzz1Wa90Kleb Lewis Reed, (@PresReed) president of the St. Louis Board of Alderman, tweeted the following: "I've been in talks w/ owners of @pistl about unique concept restaurant in Del Taco bldg on Grand. Exciting! Stay tuned." Read more: http://www.stltoday.com/news/local/columns/deb-peterson/article_75af5e4e-b235-11e0-b7f1-0019bb30f31a.html#ixzz1Wa9ObF3Y Quote Link to comment Share on other sites More sharing options...
Bobby Metzinger Posted August 31, 2011 Share Posted August 31, 2011 I wouldn't give a dime to Pi, especially after 2008. I don't go to the Royale either (for obvious reasons). The past two Dominos CEOs, Doyle and Monaghan, are staunch supporters of Operation Rescue, so my money stays with the Noid. HENRY Quote Link to comment Share on other sites More sharing options...
JMM28 Posted August 31, 2011 Share Posted August 31, 2011 BK owned? LOL Crack me up sometime Lewis Reed, (@PresReed) president of the St. Louis Board of Alderman, tweeted the following: "I've been in talks w/ owners of @pistl about unique concept restaurant in Del Taco bldg on Grand. Exciting! Stay tuned." I'd assume that means that the owner of Pi wants to open a newly branded restaurant. Unique concept restaurant wouldn't be a pizza place that is already located a mile away. Quote Link to comment Share on other sites More sharing options...
brianstl Posted August 31, 2011 Share Posted August 31, 2011 I wouldn't give a dime to Pi, especially after 2008. I don't go to the Royale either (for obvious reasons). I am sure this fact has caused them to cancel their plans to expand to Dallas. Quote Link to comment Share on other sites More sharing options...
Bobby Metzinger Posted August 31, 2011 Share Posted August 31, 2011 I am sure this fact has caused them to cancel their plans to expand to Dallas. Actually, there's a place up in Allen, Texas that's an STL-style Pizzeria and is poster-painted in Cardinals, Blues, Rams and Arch pictures. It's pretty good, but a haul from where I'm at in the city. It's more like CWP than Imo's. Quote Link to comment Share on other sites More sharing options...
slubilliken09 Posted August 31, 2011 Share Posted August 31, 2011 +1,000,000 for the clip. A winner is you. Quote Link to comment Share on other sites More sharing options...
bomble Posted September 1, 2011 Share Posted September 1, 2011 +1,000,000 for the clip. A winner is you. +1 for The Winner is You reference. Quote Link to comment Share on other sites More sharing options...
bk18 Posted September 15, 2011 Author Share Posted September 15, 2011 I am not opposed unless they fix that building up seriously and get a really good tenant (Pi or Kaldi's would be amazing). Ship saved! Looks like Kaldi's and some restaurant (probably from Pi pizza's owners) will be co-tenants of a reconstructed Del Taco Space Ship. http://www.stltoday.com/business/columns/building-blocks/article_e7521a04-df2c-11e0-b728-0019bb30f31a.html Quote Link to comment Share on other sites More sharing options...
ucan2 Posted September 15, 2011 Share Posted September 15, 2011 I would have thought Starbucks would be beating down SLU's and/or developer's door to have a store at that location. Traffic would have been an issue, but seems like a great spot. Quote Link to comment Share on other sites More sharing options...
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