Secondary growth markets and key demographic metrics driving change
COVID-19, politics, and the suburban push
Over the past five years, prior to Covid-19, Census data shows that millennials are increasingly fleeing large cities and moving to suburbs as they marry and have kids. The consensus view is that this movement was primarily driven by the cost of housing and the quality of primary education. In a post-pandemic world, we expect to see that trend accelerate as new residents prioritize suburban growth markets that are more affordable, less tax-intensive and still have a high quality of life attached to them. For these same reasons, jobs are to follow. Large companies are not only thinking through the economics of the opportunity, which is to move a portion of its labor pool out of a gateway market - to a higher value location - where they will have more control of their environment, less worker density, and the ability to better insulate their employees.
Meet the hosts:
Brendan Walsh is a fintech entrepreneur and Wisconsin-Madison graduate, coming from the financial advising and the retirement industry in Chicago. Before joining Rocket Dollar, he consulted various fintech, crypto, and blockchain startups growing throughout his home city. Specializing in sales and customer service automation, operations, and partnership management, Brendan has a talent for recognizing opportunities in new markets and creating efficiencies to accelerate the speed of a fintech organization.
VP Business Developer & Investor Relations at Excelsior Capital. Jonathan's primary responsibilities include business development and investor relations. Prior to joining Capstone Banktech, he spent 14 years in New York City working as an investment advisor for Citigroup and HSBC Securities. Jonathan then transitioned into private equity, opening the New York office for SharesPost, a Silicon Valley based broker-dealer providing accredited investors with access to the venture capital asset class. Having covered multiple industries including wealth management, venture capital and real estate private equity, he enters fin tech bank sales with a proven track record of aligning decision makers and facilitating investment into alternative financing platforms. He has been a contributor to several civic organizations and is currently a member of the Phoenix Club of Nashville, a non-profit focused on underserved children in middle Tennessee. Jonathan has a B.A. in Government from Franklin & Marshall College.