Wednesday, August 28, 2019

Notes From All Over, Part 3 -- August 28, 2019

Regular readers know how much I've been talking about the DFW metroplex. Another little pearl, there are now five major financial centers all co-located just to the west of us:
  • Fidelity
  • Schwab
  • Ameritrade
  • Edward Jones, and, 
  • now a fifth.
This is huge.

I don't know when they moved in. Maybe several years ago, but I never noticed them until now, when lumped in with the other four. The Schwab complex is getting all the attention right now. Original plan was for a complex for 3,000 employees (mostly IT), but while building the complex, plans increased to 5,000 employees. Some now suggest we could see 7,000 at the Schwab complex.

A hint: the fifth one used to have its headquarters in in the northeast? Now moved to Roanoke, TX, area.

The graphic:


The fifth financial center to join the group in the Roanoke, TX, area: Mercedes-Benz Financial Services.

From Fortune, January 8, 2015:
Mercedes-Benz’s U.S. headquarters will pull up stakes from outside of New York City, where it’s been for half a century, and relocate to a new building in Atlanta— mirroring recent moves southward by other foreign automakers in the U.S. In Paris, the French automaker Peugeot SA said it was closing its headquarters in the city and moving to the suburbs in a move to cut costs.
Last year, Toyota’s U.S. sales headquarters said it was closing its Torrance, Calif., offices and reopening in Plano, Texas.

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