Finance Archives

Longer-term car loans gain popularity in Arizona

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When Tucson resident Valerie Vinyard purchased a new car in 2010, she expected to take out a five-year loan, but the dealership presented her with a longer financing option to reduce her monthly payments. Vinyard opted for a six-year car loan to reduce her payments to about $200 a month, which shaved off $50 to… Read More →

FEI president hopes to help Arizona chapter give back

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Adam Miller brought a broad range of experiences in finance, accounting, auditing, personnel, real estate, manufacturing and operational management to his role as president of the Arizona Chapter of Financial Executives International (FEI). Miller became CFO of Barron Lighting Group in 2010 and has helped the company achieve double-digit growth in the years since joining… Read More →

Silicon Valley’s Wasabi Ventures heads to Scottsdale

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Wasabi Ventures, an early stage venture capital firm, announced today the formal launch of its operations in Arizona. After a nine-month due diligence process, Arizona was selected as the most promising location for a new office by the bi-coastal firm that has existing offices in Silicon Valley, Greater Boston, and Baltimore. “We see great potential… Read More →

Karen Stepanski joins Baird as financial advisor

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Baird, an international, employee-owned wealth management, capital markets, private equity and asset management firm, announced today that it has added Karen Stepanski, CFP®, ADPA®, as Senior Vice President, Financial Advisor in its Scottsdale, Ariz., wealth management office. Stepanski brings more than 25 years of industry experience to Baird.   Stepanski began her career in the financial services industry… Read More →

Discover’s Phoenix facility has 250 job openings

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Discover, which operates several customer care centers across the country, has announced more than 250 open positions at its Phoenixl office. The hiring initiative will include customer care representatives, analyst positions and service support. Customer care center representatives will handle inbound calls, share features about Discover’s card options and provide helpful information to Discover’s cardmembers.… Read More →

WGM Associates hires Gary Williams as CFO

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WGM Associates, a Scottsdale-based information technology consulting, security and application development firm, has hired Gary Williams to fulfill the newly created role of Chief Financial Officer. Williams brings extensive executive financial and technology experience to WGM including two decades of finance and operational experience from the world’s largest technology firms as well as significant expertise… Read More →

How company culture can lead to fraud

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Unfortunately, fraud is something all businesses must think about and guard themselves from. According to Statistic Brain, seven percent of annual revenues are lost to employee theft or fraud and 33 percent of business’ bankruptcies are caused by employee theft. Fraud isn’t only a result of employee theft; it can also include misuse of accounts,… Read More →

Beacon Pointe Wealth Advisors expands in Arizona

Managing Receivables and Increasing Cash Flow

Beacon Pointe Wealth Advisors (BPWA), a comprehensive wealth advisory firm and national enterprise building partnership, recently welcomed four experienced advisors to its Scottsdale office. Brian Coughlan, MBA, Landen Lunsway, CFP®, Chris Palermo, CFA, CFP® and Andrew Reinhardt, CFP® officially joined the BPWA Arizona team as Partners and Managing Directors on Friday. The new team, which… Read More →

FEI Arizona honors CFO of the Year winners, finalists

Dennis Dahlen, senior vice president and CFO for Banner Health; Gary Dalke, CFO for Western Refining, Inc.; Lawrence Eisel, CFO of Total Transit; and Richard Skufza, executive vice president and CFO of LaneTerralever.

The Arizona Chapter of Financial Executives International (FEI) handed out its annual CFO of the Year Awards Thursday during a ceremony at the Camelback Inn in Scottsdale.   The CFO of the Year Awards are given to professionals for outstanding performance in their roles as corporate financial stewards. This program provides many benefits to the… Read More →

Steps to Streamline your Accounting Department

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Streamlining accounting departments can be a daunting task and more often than not the simplest approach is overlooked. However, keeping it simple is generally the best course of action to take when trimming the fat. In many accounting departments the day-in-day-out tasks were created a zillion years ago and have become a part of the… Read More →

AZ Big Media honors Most Influential Women

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They are the best business minds in Arizona. They are innovators, trailblazers and leaders of men. They are Az Business magazine’s Most Influential Women in Arizona Business for 2014, as selected by the editorial team at Az Business magazine and a panel of industry experts. The Most Influential Women were honored Thursday at a reception… Read More →

REDW ranked among U.S.’ biggest accounting firms

REDW Principal-in-charge of the Phoenix office Sandy Abalos

REDW LLC, one of the largest and most respected certified public accounting and business consulting firms in the Southwest with offices in Albuquerque and Phoenix, is pleased to announce that Inside Public Accounting (IPA) has named it the 115th largest U.S. Accounting firm in 2014, up from its ranking of 146 in 2013. IPA released… Read More →

Financial Experts Applaud Financial Literacy Law

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Arizona has joined 24 other states in passing Senate Bill 1449, which requires schools to teach financial literacy in a K-12 setting. It comes after a report from the Center for Financial Literacy, which gave Arizona a “B” for its efforts to improve financial literacy in high schools. “The new law has tremendous value in… Read More →

8 steps to successful payment collection

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Although the economy is improving, collections remains a daunting task for many companies. Recognizing the challenges and establishing necessary procedures can help to turn the situation around. All business owners want to reduce the number of late paying clients and to build stronger customer relationships. The question is, “How?” Despite all the high-tech solutions available… Read More →