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Stock Yards Bancorp Promotes Shannon Budnick to Executive Vice President, Director of Wealth Management & Trust Group, Effective January 3, 2024

August 18, 2023

Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that Kathy C. Thompson will retire from her position as Senior Executive VP, Director of …

Market Outlook: Q3 2023

July 25, 2023 Wealth management

by John M. Fidler Cormac McCarthy, acknowledged by many as America’s greatest living novelist, passed away last month at the age of 89. McCarthy served as a Trustee of the Sante Fe Institute, a New Mexico think-tank dedicated to the inter-disciplinary study of complexity science, along with investment luminaries Bill Miller, Bill Gurley, …

Advisor Spotlight: Chris Billings

July 25, 2023 Wealth management

We’d like to give a warm welcome to our newest Investment Advisor Manager, Chris Billings. We sat down with Chris to learn a little bit more about him after he joined the team.  Q: Share a little about your day-to-day work and how you approach client relationships. A: Managing investments for a family is a very rewarding …

Financial Planning for Our Baby Boomers

July 25, 2023 Wealth management

by Jason Hamilton, CFP® Many of our baby boomers (71.6 million) are seeing retirement on the horizon, if they are not there already. With this exciting new chapter, retirement brings a range of emotions – excitement, relief, sadness, joy – But it can also be very overwhelming. It’s important not to lose sight of the control you can still …

Q3 2023 Advisor Insights: Simple Solutions for High-Interest Rates

July 25, 2023 Wealth management

by Keith Blakely, CFA Money Market Funds are yielding 5%. A 10 Year US Treasury Note is yielding just shy of 4%. Thirty-year mortgage rates have floated around 7% in 2023. This is quite the turnaround over the past 18 months. Interest rates are now as high as we have seen since the mid-2000s – not quite to levels that we witnessed …