David Fearheller, Principal
Fearheller Advisors
David formed Fearheller Advisors after nearly three decades of experience working as a Certified Public Accountant with Ernst and Young, and as an investment banker with firms such as Morgan Stanley raising capital for a wide variety of businesses and non-profit organizations. He has held positions as CFO and Controller for a variety of business entities.
After obtaining his MBA in finance and accounting, he began his career in public accounting working in both the audit and consulting divisions, and also gained experience in the tax division preparing corporate and personal tax returns. His clients included companies such as the former McDonnell Douglas Company (now part of the Boeing Company), Elkay Manufacturing Company (one of the country’s largest plumbing fixture manufacturers) and the Hyatt Corporation, as well as many small and medium sized companies.
David then transitioned into investment banking where he directed a variety of capital funding projects, that included the development of nearly $1 billion of publicly offered real estate and oil and gas partnerships, both public and private equity and debt offerings, along with advisory services for mergers and business combinations, plus a variety of other financial advisory services. His work also encompassed pioneering efforts in the development of over $1.5 billion in financing for several of the nation’s prominent hospitals.
This experience led him to co-found a nationwide personnel staffing company, that grew to 14 offices nationwide within its’ first 12 months of operations, and to an annualized revenue run rate of $20 million where he served as COO/CFO, providing financial services personnel to such clients as Bank of America, Wells Fargo Bank, Citibank, Goldman Sachs, Cushman and Wakefield, Americredit, and other major U.S. corporations.
Subsequent to disposing of his interest in Discovery Staffing, he decided to follow his passion around raising capital and serving in financial management positions such as CFO and Controller for a $30 million nationwide nurse staffing company, a $70 million green homebuilder, a $5 million multi-site EBT medical imaging company, and a $2 million telecom company, among others.
EDUCATION SUMMARY
- CPA in Illinois and Texas with Ernst & Young, with roles as auditor, management consultant, and tax preparer
- MBA, University of Wisconsin; BBA, Southern Methodist University
- Member, American Institute of CPAs and the Association for Corporate Growth
- Registered Investment Advisor, licensed in California
- A QuickBooks Pro Advisor and familiar with a variety of other accounting software programs.
- Financial reports, profitability metrics, and ratio analysis
- Journal and general ledger entries
- Monthly and annual financial statements
- Basic accounting transactions as necessary
- Job cost and cost coding structures
- Payroll management, including multiple locations
- Management of insurance and legal matters
- Payroll, property tax, and federal and state income tax returns
- Analysis of accounting software and internal controls
- Management of human resources and benefits administration
- Integration of company wide information technology services
David has been an active athlete having been a nationally ranked tennis player who also won a gold medal in the international Maccabean Games. He was a high school All American basketball player, which won him a four-year scholarship to Southern Methodist University. He then received an academic assistantship into the MBA program at the University of Wisconsin. David brings the same expert skill and determination from his sports and education experience to all of his business endeavors.
BASIC SERVICES CURRENTLY OFFERED
David is a true manager of financial and accounting functions or systems, with a hands-on style and a deep understanding of basic business transactions, gross margin structure, and operating expense analysis. He is also able to bring his extensive experience in strategic planning, forecasting, and business plan development to his clients, with a proven ability to meet the needs of start-up to small and medium-sized companies for part-time and interim CFO/Controller services.
Specifically these services can often include:
Strategic financial planning and preparation of business plans for both operational and capital raising purposes
CURRENT CLIENTS
- Distributor of hot/cold display cases for retail food chains such as Whole Foods Market
- Manufacturer and distributor of wine industry alternative products and services
- Manufacturer/distributor of hot/cold therapeutic wraps for the body to retailers such as Walgreens and Relax the Back
- Manufacturer’s Rep. for evaporative cooling and energy recovery HVAC systems.
- Manufacturer of coated blankets for effective protection of runners for marathons, road races, spectator events, outdoor activities, medical/EMS, and survival/emergency situations
- Computerized training and consulting services business
- Pre-packaged food products company selling to wholesale and retail businesses