Tag Archives: REDW

hand over of house keys

REDW, Comerica Host Succession Planning Seminar

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 business consulting firms in the Southwest, is teaming up with Comerica Bank to host a series of complimentary seminars designed to provide practical guidance and answers to many tough questions about succession planning that business owners need to face.

The first session of the series will be held Thursday, October 30, 2014 at the Royal Palms Resort and Spa. Speakers Sandy Abalos, CPA and Principal in Charge of REDW’s Phoenix office, and Joe Maturo of Rivers & Moorehead PLLC will address the key roadblocks to successful planning and create a framework in which business owners and top leaders can effectively turn talk into action.

“Many business owners are so focused on day-to-day operations that they often neglect to think about planning for their future. It is totally understandable, but very risky,” said Christina Roderick, Senior Manager in REDW’s Phoenix Tax Department. “Our goal is to help business owners understand those risks and what proactive steps they can take to make succession planning not only a top priority but also an evolving, dynamic and productive process.”

“This seminar series will provide business owners with the opportunity to learn about various succession plans and show them what steps they can put in place now to maximize the value of their business in the future,” added Kevin Draper, Vice President, Relationship Manager, Comerica Bank.

Session topics will include:

• The top 5 myths about succession planning
• The risks of delaying succession planning
• The options available for structuring a plan
• Critical elements of succession planning, and how to apply them to your organization

For details or to reserve your seat, email Christine Egter or call her at 602-730-1150.

taxes

REDW Among Fastest-Growing Accounting Firms

REDW LLC, one of the largest and most respected certified public accounting and business consulting firms in the Southwest, announced that AccountingToday.com named the company the fourth fastest-growing accounting firm in the U.S. during 2013. REDW was also recognized as the fifth largest accounting firm in the southwestern United States.

AccountingToday.com , is a leading provider of online business news for the tax and accounting community. The ranking follows Albuquerque-based REDW’s merger with Phoenix based firms Abalos & Associates PLLC, and Miller, Allen & Co., P.C. in late 2012. The combined firm, showed a 33.52% growth in 2013 with revenues of $26.45 million.

“Our Phoenix operations continue to grow following the successful mergers to create one great team of like-minded professionals,” said Sandy Abalos, Principal-in-Charge of the Phoenix office.. “Year one of the merger we focused on a seamless transition into a single entity, and with that overwhelmingly successful effort we expect even stronger benefits in 2014 as we focus on strategic organic growth and increased efficiencies between our Phoenix and Albuquerque offices.”

“REDW’s growth into Phoenix catapulted us to being ranked the fifth largest accounting firm in the southwestern United States and the fourth fastest growing accounting firm in the entire United States,” said Ron Rivera, REDW’s Managing Principal. “The talented team in Phoenix and the synergies and opportunities that the Phoenix office provides REDW as a whole will benefit our ability to continue our organic growth and will serve as a growth model as we look to expand into new markets. Ultimately, our growth is all about our clients as we strive to ensure we maintain the level of forward-thinking business advice that our clients expect from us to meet and exceed their ever-evolving needs.

The AccountingToday.com ranking is based on the percentage increase in income- not dollar amounts- to determine which firms experienced the greatest growth. To view the AccountingToday.com rankings, click here.