It's Your Business: Apple iPhone 5 madness begins at 8 a.m. Friday in Collier, Lee

The new Apple iPhone 5 is displayed Wednesday, Sept. 12, 2012, following the introduction of new products in San Francisco. The iPhone 5 is a blend of beauty, utility and versatility. (AP Photo/Eric Risberg)

The new Apple iPhone 5 is displayed Wednesday, Sept. 12, 2012, following the introduction of new products in San Francisco. The iPhone 5 is a blend of beauty, utility and versatility. (AP Photo/Eric Risberg)

Dave Osborn

Dave Osborn

The Apple iPhone 5 goes on sale Friday.

Apple stores at Waterside Shops in Naples and Coconut Point in Estero will open earlier than normal, at 8 a.m. The earliest you can get in line at the Waterside store is 6 a.m.

At Coconut Point, 7 a.m. is the earliest to line up, said Tara Beauchesne, Coconut Point marketing director.

"There's no overnight parking," she said.

The phones available at the Apple stores will be "first-come, first-served," so no one will need to preorder or reserve one.

Likewise, Verizon, Sprint and AT&T stores — which also open at 8 a.m. Friday — will carry iPhone 5s for purchase.

"It wouldn't surprise me if the inventory is sold out fairly soon," said Ed Gilhuly, a Verizon spokesman based in Miami.

More information is at apple.com/retail/iphone, verizonwireless.com/iphone, att.com/iphone and sprint.com/iphone.

Moran named top adviser in magazine

Thomas Moran, founding member of the Moran Edwards Asset Management Group of Wells Fargo Advisors, has been named to the "Top 100 Wirehouse Advisors" list in the September issue of Registered Rep Magazine.

Registered Rep's annual list reflects the top eligible financial advisers in the United States ranked by assets under management effective June 30. He is a graduate of the University of Colorado.

Moran Edwards Asset Management Group is at 5801 Pelican Bay Blvd., Suite 200, Naples. More information: 239-254-2200 or www.MoranEdwards.com

First National Bank of Gulf Coast OKs reorganization

First National Bank of the Gulf Coast shareholders this week approved a reorganization agreement to become a subsidiary of TGR Financial Inc.

They announced the agreement during a special meeting at the bank's headquarters, 3560 Kraft Road, Naples.

Under the plan of share exchange, each share of First National Bank of the Gulf Coast will be exchanged for one share of TGR Financial Inc., and each shareholder of First National Bank of the Gulf Coast will become a shareholder of TGR Financial Inc.

The move will allow more flexibility to expand into other markets in Florida, said Gary L. Tice, chairman and CEO.

First National Bank of the Gulf Coast has five full-service offices and approximately $570 million in assets. More information: 239-348-8000 or 877-763-0244 or www.fnbofgc.com

__ Connect with Dave Osborn on Facebook and Pinterest at Ndn-Dave Osborn and on Twitter at NDN_dosborn.

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