All posts by vector

West Coast Environmental Chemical Corporation Engages with East Coast Vector for Accounting Advisory Services

Environmental Chemical Corporation (ECC) engaged with Vector Advisory, a boutique M&A and Accounting Advisory consultancy, for accounting advisory services to support a critical initiative. Brad Graham, CFO of Burlingame, CA-based ECC selected Vector based upon prior experience with Vector’s Managing Partner, Shelby Faubion.  “Even though Vector Advisory is located in Southeast Florida, I chose them to assist with this effort because the virtual working environment amid the COVID-19 pandemic really has brought down location barriers and simply put – I needed a partner I could depend on. Having previously worked with Shelby at a former company, I knew he could help my team in proactively managing the project and contributing where needed on key deliverables.”

The Great and Bad of 2020

The year 2020 was not what most of us had hoped for or expected. Many experienced financial hardships or worse – other personal losses that reset priorities and tested the stuff we are made of. Some businesses thrived, while others struggled to survive or closed down altogether. Business owners that were able to survive took steps that demonstrated compassion for their teams and innovation for their business. The innovation was represented in cost-cutting, cash management measures, and investment that added resilience for the business that will benefit them for years to come.

As one year closes out and another begins, I like to take a step back and think about relationships, personal development, and achievements for the year while setting related goals for the next. No doubt that 2020 was one of the most challenging years for millions. But let us not remember the year for what was lost versus what was gained. In tough times, we become stronger. What we saw in 2020 was that our businesses can also be stronger for these challenges.

For me, 2020 was a year in which relationships with family and friends were bolstered. Professionally, I experienced challenges and was rewarded for taking the leap to start Vector Advisory. I also felt fortunate to work virtually throughout the majority of 2020, allowing me to spend more time with my wife and 5-year-old daughter. The establishment of Vector also represented significant personal development as I invested personal time to create my new firm and challenged myself to leverage all I have learned to get the business off to a fast start.

How will you reflect on 2020? As you head into 2021, what will you take from what transpired in 2020 to make yourself, your team(s), and your business(es) more resilient? The time is now to define the transformative initiatives with measurable milestones that will guide your business to greater growth and greater profitability. So consider how you as a leader will optimize how you use your time in this next year. How you will invest in, develop, and challenge your team and your business to produce incredible result?  Commit to making 2021 the best year ever!

As you consider how you will address your most complex and transformative issues and initiatives in 2021, please consider making a call on our seasoned professionals at Vector Advisory. From M&A to financial process and control improvement to fractional and interim financial management – let us be a resource for you to manage through, navigate, and achieve your goals. Regardless of whether you engage us, we look forward to growing our relationship with you, being a sounding board for you as you define your vision, and generally being a resource for you and your business.

Vector Advisory Launches Providing “Big 4” Experience Priced for the Small- to Mid-Sized Business

A new boutique consulting firm launching today will provide action-oriented business advisory services to business owners and private equity or family office sponsors and their portfolio companies.

FORT LAUDERDALE, Fl (December 8, 2020) – Vector Advisory, a newly formed advisory services firm today announces its official launch to provide solutions that help drive successful outcomes for mergers and acquisitions (“M&A”) as well as services that optimize the office of the CFO. These services will be delivered by seasoned professionals with broad financial and operational experience in a manner that is highly collaborative, and relationship focused.

The goal of the firm is aimed at addressing the small- to mid-size company needs for top tier management consulting. Smaller businesses are often limited by resources and cannot access “Big 4” or other global consultancy talent that can help take their companies to the next level in terms of growth and profitability.

Vector Advisory was founded by Shelby Faubion, a career experienced business leader who has successfully led in industry positions for companies ranging from Fortune 1000 to start-ups. Faubion has also held leadership positions at “Big 4” firms including KPMG and PwC. For over 23 years, Faubion has delivered solutions in finance and accounting, M&A integration, interim financial management, internal audit as well as performance improvement services.

“Too often I have seen the smaller- to mid-sized businesses suffer through consulting engagements where they pay top-dollar and all they receive is an over-crowded PowerPoint presentation they need to interpret and implement themselves,” said Faubion. “As a boutique firm, we provide the most senior personnel and the highest levels of attentiveness at a price to stay engaged from project initiation through implementation and benefits realization.”

Key among Vector Advisory’s capabilities is its unique approach to its client relationships. They view themselves as an extension of the management team fitting into the culture. The approach is collaborative yet forward-looking, allowing for the ability to achieve bottom line and future growth aspirations.

Ron McCrummen, CFO at LDX Solutions stated “Having contracted with Shelby at one of my prior companies, I was impressed by his ability to quickly organize work and develop creative solutions collaboratively with my team and the broader organization. He is a true business partner throughout and I look forward to engaging him again at Vector Advisory.”

“Tangible results are a core value proposition of the firm. We only pursue projects where we can produce quantifiable outcomes. Our goal is transformative, helping you better understand your company and markets. When our engagement ends, you have the tools and wherewithal to excel on your own and the confidence to know that we are here for you when needed,” Faubion concluded.

With the announcement of the firm, Vector Advisory also has launched its online presence at www.vector-advisory.com.

About Vector Advisory

Founded in 2020, Vector Advisory is a boutique management consulting firm focusing on lower- and middle-market private equity and family office sponsors and their portfolio companies. The Company’s mission is to provide broad and affordable financial and operational advisory experience to small and middle market organizations aspiring to take their companies to the next level.

Headquartered in Fort Lauderdale, Florida, Vector Advisory focuses on supporting South Florida-based private equity and family office firms with successfully executing buy-and-build strategies. Vector Advisory provides buy-side and sell-side due diligence as well as post-closing services that optimize business value, including M&A integration, portfolio company onboarding, interim/fractional CFO, finance, and accounting process improvement and more. The Company boasts a deep bench of experience as the firm is led by alumni of some of the world’s top consulting firms, including the likes of KPMG and PwC.

For more information, visit www.vector-advisory.com or contact Shelby Faubion at sfaubion@vector-advisory.com or (954) 361-5126.

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