Fred’s distinguished career as a banker, entrepreneur, and merchant trader provides him with a unique perspective and practical deal making skills that serves him well in his role as a business broker. Fred’s experiences have allowed him to gain insight to a wide spectrum of businesses and to develop the skills necessary to successfully transition business ownership. A disciple of management by objective and cash flow lending principles, Fred understands what makes the privately held concern viable over the long run, the pitfalls to be avoided and the true worth of a business.
Starting his career in domestic grain trading, he advised and executed trades on behalf of users, merchants and speculators with interests in the commodity futures and options markets. Fred managed the consumption and risk inherent to a major miller and sold the resultant by-product stream whose markets for these goods ranged from individuals to domestic conglomerates to exporters shipping worldwide. Fred became a member of the Chicago Board of Trade and designed software accounting and control systems for grain consumption/payment as well as options and futures risk management.
As the founder, owner, and manager of his own commodities transportation business, he developed an operation that served processors, manufacturers and exporters in a round the clock-no holidays operation. Fred understands the risks and rewards of operating a successful entrepreneurial enterprise.
As a banker at a multi-national institution, Charter One, Fred’s focus was on providing financing and sound fiscal management guidance to small and medium sized businesses. He handled both conventional and SBA financing for a broad range of clients.
Fred graduated from Purdue University in 1980. Fred studied economics with a focus on agriculture and business management.