Tuesday, July 28, 2009
TROY MICHIGAN – Doeren Mayhew, Troy-based public accounting and management consulting firm, announces the formation of a new venture, Doeren Mayhew Financial Advisors LLC (DMFA).
DMFA combines the resources and experience of Doeren Mayhew’s accounting and consulting professionals with the financial advisory and brokerage expertise of The Southwick Group, formerly of Morgan Stanley Smith Barney.
Donald P. Southwick, President and CEO of DMFA, is a former national bank President and CEO, founder of a nationally chartered trust bank, and is currently one of 20 members of FINRA’s CE Council. FINRA’s CE Council is comprised of industry members from broker-dealers, representing a broad cross section of industry firms and representatives from Self-Regulatory Organizations.
DMFA is uniquely structured with access to the inventory and platforms of a wide array of independent investment providers. “The competitive sale or purchase of securities is preferable to a single firm’s inventory and proprietary product approach,” says Southwick. “High net worth individuals and families, institutions, municipalities/governments, and employee benefit plans are DMFA’s focused areas of interest,” he stated.
“The key for our clients is our ability to access multiple investment channels through Doeren Mayhew Financial Advisors. Our wealth advisors will never be required to push proprietary products,” said Mark Crawford, Managing Director of Doeren Mayhew. “The creation of DMFA, LLC substantially increases our depth of experience and expertise in the financial planning and advisory arena, and improves our ability to offer clients a full breadth of professional services all from one source.”
Doeren Mayhew, known internationally as Moore Stephens Doeren Mayhew, is the ninth largest firm in southeastern Michigan, with a staff of 220 including 33 directors. Doeren Mayhew is an independent firm associated with Moore Stephens International Limited, one of the world's major accounting and consulting associations consisting of 366 independent firms with 647 representative offices and some 21,244 people across 98 countries. Doeren Mayhew is the only Michigan-based certified public accounting and consulting firm to have ever attained Inside Public Accounting’s“Best of the Best” rating, signifying our status as one of the nation’s 50 best firms. This is an honor we are proud to have received for the past 14 years, including 12 years in the top 25.
Founded in 1932, Doeren Mayhew recently celebrated its 77th anniversary and has grown to become nationally and internationally recognized as trusted business advisors to thousands of individuals and businesses throughout North America and around the world. Doeren Mayhew represents manufacturers, contractors and builders, retailers, wholesalers, distributors, auto dealers, financial institutions, municipalities, school districts, and non-profit organizations, with a full range of accounting, audit, tax, merger and acquisition, financial, and consulting services.
DMFA offers securities through NRP Financial, Inc. Member FINRA/SIPC. Advisory services provided by NRP Advisors, Inc.