Park Place Infiniti Sponsors Smiles for Survivors; Governor Approves Solar Tax Incentives

Park Place Infiniti Sponsors Smiles for Survivors Park Place Infiniti is sponsoring the fourth annual Blow Out Breast Cancer event, presented by the Smiles for Survivors foundation and Square Colour Salon and Spa. [Read More…] Governor’s Office of Energy Approves Solar Tax Incentives Highlighting its commitment to renewable energy in Nevada, the Governor’s Office of Energy… [More…]

McDonald’s and Lexus of Las Vegas Present the HeART of Giving Gala Benefiting Ronald McDonald House Charities of Greater L.V.

Rock ‘n Roll Gala Will Honor Lotus Broadcasting  LAS VEGAS – The McDonald’s Owner-Operators  of Greater Las Vegas and Lexus of Las Vegas are pleased to present the HeART of Giving Gala celebrating 16 years of  service to families in need through Ronald McDonald House Charities of Greater L.V.   This rock ‘n roll inspired event will… [More…]

Home Prices Up 24 Percent

Home prices in Southern Nevada are continuing to rise. The median price of existing homes for December is up 24 percent from the same time last year, according to statistics recently released by the Greater Las Vegas Association of Realtors (GLVAR). “Local homeowners should be happy with the strong appreciation we’ve seen over the past… [More…]

Non-Residential Real Estate Holdings Down, Residential Up Among Affluent Nevadans

Holdings in non-residential real estate have given way to more residential investments among affluent Nevadans in recent decades. However, this trend may change according to the 12th edition of the “High Net Worth Report” by The Private Bank by Nevada State Bank. Currently, close to 19 percent of households in the top 10 percent of… [More…]

High-Income Households Face Uncertain Impacts from Healthcare Changes

Wealthy Nevadans are not exempt from healthcare uncertainty in the face of the Patient Protection and Affordable Care Act. This is according to the 11th installment of the “High Net Worth Report” released by The Private Bank by Nevada State Bank. One major impact will be a 0.9 percent increase in payroll taxes for those making $200,000 or… [More…]

LVGEA Sets Budget at $5.4 Million

The Las Vegas Global Economic Alliance (LVGEA) Executive Committee voted unanimously to endorse a $5.4 million budget. The budget will fund the alliance’s strategy in developing the economies in the Las Vegas valley, as well as Boulder City and Mesquite. The strategy includes “imperatives” to lead economic development efforts in the region and promote Southern… [More…]

Nevada Ranks 22nd in Percentage of High-Income Households

Nevada’s share of high-income households ranks 22nd nationally. This is according to the May edition of the “High Net Worth Report” from The Private Bank by Nevada State Bank.  The report found that Nevada’s share of households reporting incomes in excess of $200,000 annually (3.61 percent) was significantly lower than the national average (4.49 percent).  However,… [More…]

Report from The Private Bank by Nevada State Bank offers insight about affluent Nevadans

The May edition of the "High Net Worth Report" focuses on the concentration of high-income and high net worth households throughout the United States.

The Private Bank by Nevada State Bank releases research on lower percentage of high-income households in Nevada               LAS VEGAS – The Private Bank by Nevada State Bank released the sixth of its “High Net Worth Report” briefings today. The May edition focuses on the concentration of high-income households throughout the United… [More…]

The Private Bank by Nevada State Bank releases research on how the FICA holiday expiration is affecting Nevadans

The Private Bank by Nevada State Bank released the fifth of its High Net Worth reports today. The research report prepared by local market research firm Applied Analysis found that the state of Nevada has slightly more equitable income distribution than the nation as a whole; however, when it comes to the expiration of the… [More…]

The effects of federal tax policy changes on Nevada’s high-income households

Nevada Business Press Releases for March 6th

The Private Bank by Nevada State Bank releases research on the effects of federal tax policy changes on Nevada’s high-income households The Private Bank by Nevada State Bank released the fifth of its High Net Worth briefings today. The research prepared by local market research firm Applied Analysis estimated that recent changes in federal tax… [More…]

The Private Bank by Nevada State Bank releases research on charitable giving by wealthiest Nevadans

Nevada Press Releases for December 28th

LAS VEGAS – Nevadans with a net worth of more than $1 million make up only 0.2 percent of the state’s population but account for more than 27 percent of its reported charitable contributions, according to a report from The Private Bank by Nevada State Bank. The third in the bank’s series of monthly reports… [More…]