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Lane Report | Kentucky Business & Economic News

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LEXINGTON, Ky. — Lexington-based MCF Advisors has acquired Wealth Planning Corp. (“WPC”), a Cincinnati-based wealth management firm overseeing $617 million in assets under management.

The acquisition marks registered investment adviser MCF’s expansion in the Greater Cinc...


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Bardstown, KY – Wilson & Muir Bank & Trust Company, a privately owned community bank with more than 160 years of service, has hired Matt Shelton as Vice President, Loan Officer in its Elizabethtown office.

Shelton brings 15 years of banking experience, along with an additional 10 years in real estate. In his new role, he will focus on both business and personal...


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PIKEVILLE, KENTUCKY: Mark A. Gooch, Chairman, President and CEO of Community Trust Bancorp, Inc., is pleased to announce that Tracy A. Wesley has been promoted to the position of EVP, Chief Internal Audit and Risk Officer of Community Trust Bancorp, Inc.

Ms. Wesley’s responsibilities include oversight and management of the enterprise-wide risk management program, inter...


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The Kentucky Capitol building is undergoing an extensive three-year renovation.

FRANKFORT, Ky. — State Sen. Brandon Smith, R-Hazard, chair of the Natural Resource and Energy Committee, has filed priority legislation that would expand the utility regulating Public Service Commission from three to five voting members and increase PSC staffing that overees Kentu...


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LOUISVILLE, Ky. — Waterfront Botanical Gardens (WBG) has entered the final stretch in funding its next phase of development thanks in large part to a $500,000 grant from the James Graham Brown Foundation.

This pivotal investment has been earmarked for Phase 2A of the Gardens’ Master Plan, accelerating momentum towards completing the highly anti...


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