Business briefs for August 2nd

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Black Chamber announces new building opening

The Beaufort County Black Chamber of Commerce (BCBCC) invites the public to the grand opening and ribbon cutting ceremony of the BCBCC Multiplex at 10 a.m. on Aug. 24. The Education, Business and Entertainment Support Center is located at 711 Bladen Street.

The public also is invited to register for the “Empowerment: Small Business and Chamber Businesses Workshop,” which will be hosted at the Multiplex from 9 a.m. to 12:30 p.m. on Aug. 25. The workshop registration fee is $125 ($150 after Aug. 10). Lunch is included at 12:30 p.m. An economic enfranchisement tour follows from 2-4 p.m.

Contact the BCBCC at 843-986-1102 to register for the workshop.

Cunningham named on Forbes List

Local Merrill Lynch financial advisor Patrick Cunningham has been recognized on Forbes’ 2018 “America’s Top Next-Generation Wealth Advisors” list, published on July 25. In all, 247 Merrill Lynch advisors are included on this year’s list, the most of any firm. Cunningham was one of only five that made the list in the state of South Carolina.

“We believe Patrick exemplifies what it means to be a leader in the wealth management space,” said Kathleen Delong, Southeast Coastal Market Executive. 

Advisors considered for this ranking were born in 1980 or later with a minimum of four years’ relevant experience. These advisors have built their own practices and lead their teams; joined teams and are viewed as future leadership; or a combination of both. The ranking algorithm is based on qualitative measures, such as telephone and in-person interviews, client retention, industry experience, credentials, review of compliance records, firm nominations, and quantitative criteria, such as assets under management and revenue generated for their firms. Investment performance is not a criteria because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of SHOOK Research, LLC and not representative nor indicative of any one client’s experience, future performance, or investment outcome. Neither Forbes nor SHOOK Research receives compensation in exchange for placement on the ranking. 

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