Darien-based Start U Up offers services to Fairfield County businesses
Jeffrey Glick, CPA, announces Start U Up, LLC, has resumed offering CFO, compliance and HR services to start-up and emerging hedge and private equity fund managers as well as operating companies in Fairfield County and Southern Connecticut.
Start U Up, which specializes in helping start-up/emerging companies get off the ground, provides services on a "fractionated" or part-time basis to organizations that have not yet reached the scale to be able to afford a full-time CFO, but whose strategy, structure and growth potential require one on at least a part-time basis. Start U Up's current clients include a sovereign wealth manager, a hedge fund, a private equity fund, the treasury department of a global beverage manufacturer, an all-natural/chia enriched cookie manufacturer, a men's skin care company and others.
After founding Start U Up in 2004 and running it through 2008, Glick went on to accept a full-time CFO position at one of his clients, an investment management firm in Greenwich. Since February, Glick has concentrated on rebuilding Start U Up's client base and his team.
"Start up companies are an important source of economic growth in Southern Connecticut," Glick said. "But how well they do in their first 12 to 18 months of life is a key factor in their future success."
Start U Up currently has strategic alliances with other service providers to help when the specific task is beyond its core competencies. These include, but are not limited to, IT, legal, banking, fund administration, prime brokerage, insurance and public relations.
"I pride myself on maintaining a deep network of superior professionals to provide my clients with the needed specialists on a timely basis," Glick said. "We act as a true CFO for our clients. For each service, we bring in two to three professionals to present and make proposals to the client. Start U Up does not accept referral fees or any form of compensation from referred service providers. It is critical to operate conflict free with service providers and our clients. The client is always first."
In addition to financial management, Start U Up advises clients on infrastructure, technology and personnel issues as well as complex compliance issues like the impact of the Dodd-Frank Act.
More InformationFact box
As a result of Dodd-Frank, many investment managers will be required to register as a "Registered Investment Advisor" with the SEC for the first time. By early 2012, most investment managers who manage in excess of $150 million must register for the first time. This process is time consuming and most managers do not have the technical expertise to register using internal resources,
"Well-run businesses need to use all their resources as effectively as possible," Glick said. "And being able to leverage the experience of Start U Up is one way to do that."
Glick is a Certified Public Account with 20 years of experience as CFO in boutique trading and investment management firms. The firms traded commodities and publicly traded securities and invested in private securities.
Start U UP, LLC is based in Darien and serves Fairfield, New Haven, Westchester Counties and New York City.
Email www.startuup.net or call 203-253-5754 for more information.