Tag Archives: REDW

wealth

REDW Stanley Financial Advisors earns accolade

REDW Stanley Financial Advisors LLC announced it has made the Financial Times magazine’s FT 300 Top Registered Investment Advisers list. REDW Stanley is the only New Mexico-based firm included in the list, and one of just a few in Arizona.

REDW Stanley is an SEC registered subsidiary of REDW LLC, one of the Southwest’s 10 largest certified public accounting and business consulting firms with its headquarters in Albuquerque and additional office in Phoenix.

The national recognition of REDW Stanley continues as earlier this month the firm also made CNBC’s list of the Top 100 Fee-Only Wealth Management Firms.

“The best judges of our qualities are always our clients.  However, to be recognized as a top firm by Financial Times magazine, and earlier this month by CNBC, is a tremendous honor to our talented team,” said Virginia Stanley, Principal and Head of REDW Stanley. To be the only New Mexico-based firm included on both lists makes it even more special, as we are proud to represent our community and our state among the nation’s best.”

The Financial Times identified its “300 Top Registered Investment Advisors” based on assets under management (AUM), asset growth, years the firm has existed, industry credentials of staff, SEC compliance record, and accessibility. Only independent Registered Investment Advisors practices whose institutional assets did not exceed 75 percent were considered.

Michael

REDW adds Michael Tobiason as practice leader

REDW LLC, one of the Southwest’s certified public accounting and business consulting firms, has added Michael  Tobiason, CPA, CVA as a Practice Leader – Valuation Services in the Business Valuation, Forensic and Litigation Services (BVFLS) Department. He will work in REDW’s Phoenix office.

Tobiason joins REDW after serving as a Shareholder and Director of the Consulting business unit at the Helena, Montana based CPA firm of Anderson ZurMuehlen, where he performed and oversaw business valuation and litigation support services as well as succession planning and strategic planning services.  He has extensive experience in developing business exit strategies, performing business price evaluations, evaluating tax implications and alternative transaction structures, and assisting with negotiations between buyers and sellers. Related to litigation issues, Tobiason has significant experience as an expert witness for plaintiffs and defendants in the areas of business and stock valuations, wrongful termination, personal injury, contract disputes, marital dissolution and business interruption.

Additionally, Tobiason brings to REDW a well-rounded understanding of the unique needs of clients within multiple industries. In his more than 25-year career, he has worked closely with financial institutions, manufacturing and wholesale/retail operations, retail auto dealerships, contractors, professional service organizations, oil and gas producers and high-tech service companies.

REDW provides business valuation and equipment appraisal services for gift and estate, succession planning, litigation and a wide variety of other purposes. REDW also provides forensic and litigation support services related to commercial damages, contract disputes, insurance claims, and fraud related matters.

“We are thrilled to add Mike’s business valuation expertise and experience as an expert witness to our talented team,” said Ed Street, REDW Principal and Head of the BVFLS Department.  “Our clients will greatly benefit from his skills and proficiency he will add to REDW’s Business Valuation, Forensic and Litigation Services team.”

“I have been in the CPA business for more than two decades and have long admired REDW’s reputation as a leading public accounting and consulting firm in the Southwest,” said Tobiason.  “I’m excited for the opportunity to join a fast-growing, highly respected Firm that offers the right combination of expertise, talent, resources and culture.”

“We take pride in attracting top talent from other regions that see REDW and the Southwest as an alternative to grow personally and professionally,” said Mike Allen, Senior Principal in REDW’s Phoenix office. “Adding Mike to our team is a big win for our clients and team members to provide strategic planning consultation services.  These strategic planning services have added tremendous value to our clients’ relationship with REDW as we continue to expand the ways we can help our clients become more successful.”

Actively involved, Tobiason is a member of the AICPA, Montana Society of CPAs, National Association of Certified Valuation Analysts, and was on the board of the Missoula Chamber of Commerce.  He has a Bachelor of Science in Business Accounting from Montana State University.

college_students

REDW commits $20K in scholarships for Native Americans

REDW LLC, one of the Southwest’s 10 largest public accounting and business consulting firms, announced it has made a financial commitment of $20,000 in scholarships to encourage undergraduate and graduate level Native American students pursue a degree in the field of accounting and finance.  The newly established scholarship has been named The REDW Native American Scholarship in Accounting and will be administered by the American Indian Graduate Center (AIGC), a national organization providing educational assistance to American Indian and Alaska Native college students throughout the United States.  The scholarship will be funded through an annual commitment of $5000 for the next four years. 

 “REDW and its individual employees have been vital supporters of AIGC for years, and we’re very grateful that the firm continually steps up to help Native American students and their communities as they have through this scholarship donation,” said Sam Deloria, AIGC Director.  “Since AIGC’s founding in 1969, we have awarded more than 16,000 scholarships in all fields of study, and we’re excited that thanks to REDW we’re now able to offer a scholarship to American Indian and Alaska Native graduate and undergraduate students who wish to help their communities through a career in accounting and finance.”

“Creating this scholarship through AIGC is important to REDW but has a special meaning to me personally,” said Corrine Wilson, an audit & consulting Principal in REDW’s Phoenix office and a member of the Ft. McDermitt Paiute-Shoshone Tribe of Nevada. “Our professionals regularly visit and work with tribal governments and their enterprises and understand first-hand how a scholarship given to someone wanting a career in accounting and finance can benefit not only the individual student, but the entire tribal community.” 

Through the AIGC scholarship, REDW is able to achieve three objectives: 1) encourage Native Americans to pursue a career in accounting and finance, 2) increase the pool of top talent from which to hire for the Firm’s tribal practice team, and 3) identify Native American students interested in participating in the Firm’s Internship Program. 

REDW has long supported AIGC through donations and the personal volunteerism of its employees. Additional information on AIGC scholarships can be viewed at: http://www.aigcs.org/highlights/aigc-scholarship-opportunities/

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.