Open for Business: Fervent Wealth Management LLC

Fervent Wealth Management LLC
Springfield-based financial advisory firm Fervent Wealth Management LLC moved June 8 to larger accommodations following the purchase of a building formerly used as a Mercy clinic. Fervent Wealth Management closed March 25 on its purchase of 2730 Ee. Sunshine St., said Richard Baker, the firm’s CEO and executive wealth adviser. Baker declined to disclose the building purchase price, or the relocation and renovation costs, but said his firm is initially occupying 6,500 square feet of the roughly 11,000-square-foot facility. It was a short move for the firm, which previously operated in 2,000 square feet at 2760 E. Sunshine St., Baker said. Fervent Wealth Management has expanded its staff to seven from the five it employed in late March, he said, adding expectations are to hire more employees within the next two years. While declining to disclose figures, he said Fervent Wealth Management has averaged 44% annual revenue growth since its opening in December 2021.
Phone: 417-444-6777
Web: FerventWM.com

OakStar Bank
A May 21 ribbon-cutting ceremony with the Bolivar Area Chamber of Commerce marked opening day of the newest branch for OakStar Bank. The branch at 2000 S. Springfield Ave. is the second one in Bolivar for the banking company. The other Bolivar location is less than 2 miles away at 340 S. Springfield Ave. Mandi Reed, senior copywriter with OakStar Bank, said the new branch is 11,146 square feet over two stories and includes a full suite of services, including checking and savings accounts for consumers and businesses, digital banking access and mortgage lending. Officials declined to disclose startup costs. Rhodes Construction Co. LLC served as general contractor, and Baron Design & Associates LLC was architect for the project. Reed said 20 employees work at the branch led by Kelly Parson, executive vice president and regional bank president; Kim Segui, vice president and regional retail manager; and Madison King, branch manager. Other than Bolivar, OakStar Bank also has local branches in Springfield, Buffalo, Nixa and Urbana.
Phone: 417-327-4480
Web: OakStarBank.com

7 Brew Coffee
The newest 7 Brew Coffee shop in the Queen City at 2734 N. Kansas Expressway was the site of a July 6 ribbon-cutting ceremony with the Springfield Area Chamber of Commerce. Officials with area franchisee Brew Crew LLC said the event for the 510-square-foot coffee stand included a nearly $11,100 donation to local nonprofit HOPE Foundation. The organization, whose name stands for Helping Overcome Pediatric Emergencies, offers financial and emotional support for families. The new 7 Brew, near the Kansas Expressway and Interstate 44 intersection, employs over 70, said Joe Rafferty, chief operating officer with company franchisee Brew Crew LLC. It’s the 11th 7 Brew in the Springfield area for the Arkansas-based franchisee, he said, adding it operates over 140 stands in 11 states. According to its website, 7 Brew now has 817 locations in 38 states. The shop has dual drive-thru lanes with a menu including iced and hot coffee, shakes, smoothies, energy drinks, teas, Italian sodas and lemonades. Prices range $3-$9. 
Web: 7Brew.com