Financial Management Archives

Creditsafe opens sales center in Phoenix

credit

Creditsafe, the world’s most-used supplier of company credit reports, announced today that it has opened a sales center in the greater-Phoenix area. The office will allow the fast-growing company to better serve customers in the western United States. Located at 1400 E. Southern Ave. in Tempe, the 9,500-square-foot office can accommodate up to 150 employees.… 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 →

Arizona Women Confident They Can Manage Finances

debit

A new study released today by BMO Private Bank has found that 88 percent of women in Arizona are confident in their ability to manage their finances if something were to happen to their spouse. The study found that, in the event of divorce or the death or the incapacitation of their spouse: Seventy-seven percent… Read More →

Holiday shopping identity theft prevention tips

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With the holidays quickly approaching, consumers across the country look to the internet and their favorite stores to pick up the hottest gift items. Investment professional Megan E. Koopman provides guidance on how to safeguard your finances during the peak season of identity theft. “The threat of credit card fraud looms heavily at this time… Read More →

BMO Private Bank Boosts AZ Senior Staff

A Guide to Applying for a Bank Loan

BMO Private Bank announced new senior staff additions and promotions at the wealth management firm’s Arizona offices, which serve high-net-worth individuals, family-owned businesses, endowments and foundations throughout the Western United States. • Ashley Ober is now serving as managing director of the greater Phoenix market, overseeing strategic development and delivery of wealth management services provided… Read More →

REDW, Comerica Host Succession Planning Seminar

hand over of house keys

Research shows that 70% of family businesses will not make it to the second generation, and that 90% will not make it to the third.  Yet most family and privately held businesses do not have a leadership and capital succession plan in place. REDWLLC, one of the largest and most respected certified public accounting and… Read More →

First job: Miller Russell Christina Burroughs

Christina Burroughs
PHOTO BY: Shavon Rose

As managing partner at Miller Russell Associates, a leading Phoenix-based investment and wealth management advisor, Christina Burroughs works with client families on investment planning, strategic multi-generational planning, and philanthropy. But her work life wasn’t always so sophisticated. Az Business: What was your first job?  Christina Burroughs: At 14, I was eager to work and was eligible for… 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 →

SagePoint Financial builds recruiting team

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Phoenix-based SagePoint Financial, Inc., one of the leading independent broker-dealers in the nation, has named Genevieve Hodges-Sisco, Senior Vice-President of Recruiting. She will focus on recruiting individual financial advisors and groups to the broker-dealer. Additionally, Nathan Akers has been named Vice-President, Recruiting, assisting Hodges-Sisco in the firm’s recruiting activities. “We are committed to recruiting talented… Read More →

Financial Experts Applaud Financial Literacy Law

money-talks

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 →

Medicaid Expansion Helps Hospitals’ Financial Health

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Now that the debate over Medicaid expansion and restoration is over and the issue has moved from the political arena to the medical arena, hospitals are already starting to see an impact. “Our self-pay has been declining since Medicaid expansion took effect,” said David Covert, chief operating officer, Western Division, IASIS Healthcare, and CEO for… Read More →

8 steps to successful payment collection

equal pay

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 →

Dos and Don’ts when Paying for College

college graduates

Back to school specials are about to take over our shopping experiences once again, but for many high school students, this is also the time to start shopping for college. It takes more than clipping out a coupon to make sure you get a good deal. To many, it can seem so intimidating that many… Read More →

Most High-Net Worth Arizonans Enjoy Hobby Investing

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BMO Private Bank today released the results of a study on high-net worth Arizonans (those with at least $1 million in investable assets) and hobby (or passion) investing. The study, the fifth and last in a series by BMO Private Bank examining trends among the affluent, found that half of the state’s wealthy engage in… Read More →