ABOUT

Charlotte Consultant Services
 

Here at CCS we view your business thru an investors eyes so we can maximize its value by optimizing profits.  Further we look at business owners financial planning needs in its entirety via planning integration for both the business and the individual.   Afterall a business owners personal income is from the business owned so why should the financial planning be separated?  We believe CCS is the only provider to integrate business & personal financial planning.  Further we also incorporate our assumptions on the economy in the planning process we believe is also unique.

We believe the financials of a company tells a story so let us write one for your company to maximize its value.

 
Charlotte Consultant Services

CCS services are grounded and focused on growing valuations & profits of the businesses we serve.   We do this in various ways either through our bookkeeping services or planning services.  We are NOT accounting focused but investment focused utilizing over 25 years of investing experience in pubic companies and applying it to small business.  Typical accountants/bookkeepers cost you money while we aim to make you money by unlocking your firm's value.

 

In addition to basic bookkeeping services, CCS delivers Exit & Financial Planning and Valuation Enhancement services. We develop valuation & exit plans focused of developing Key Performance Indicators (KPIs) that drive the value behind a business so that it can be increased. Part of the plan is to stream line a businesses financial management system so it can better planned & managed. We focus on the core of an Exit Plan:  determining and improving the underlying value of a business.  An Exit Plan's success is largely determined if the plan achieves an owner's financial goals.  Those goals can only be met if the valuation of the business meets those goals.

Valuation Enhancement.  This is achieved via increasing profitability which in turn leads to higher valuation.    We do extensive research on what the key drivers of a firm's value and formulate custom Key Profitability Indicators (KPIs) for the overall firm and/or division/operating unit/product line.  We then use these KPI's to more efficiently allocating business resources so value/profit can be increased.  These resources include: 1) MONEY; 2) TIME; 3) CAPITAL; 4) ASSETS; 5) LABOR; 6) MARKETING.  We do this via delivering a Valuation Plan to achieve the outcome of increasing the value businesses.

Our goal with every client is to return our fees thru higher profitability within the term of contract.  We have done this 100% of the time usually within hours of reviewing a client's situation.  

Although we can and often do deliver bookkeeping services we also work with your existing accountant & bookkeeper to restructure the books to better align to profits by capturing the necessary data.

Exit & Financial Planning.  Post creating a Valuation Plan, the next phase of planning is deciding what to do after the value of a business is improved.  A business owner needs to create a Exit Plan as part of an overall Financial Plan.  Should the business be sold today or tomorrow & to whom.  How will that impact an owners overall financial picture?  Should an owner invest the higher cash flow in the business or outside of it. Thus, why we look at business owners overall financial planning picture on how the business value & cash flow impacts finances today & tomorrow.  Through our affiliate company Brecken Capital Advisors, LLC (BCA) we are uniquely positioned to analyze a business owners overall financial picture increasing the likelihood of achieving financial goals in their business & personal lives.  We believe CCS & BCA combined offer a seamless way to manage all of a business owners finances whether within or outside the business.  

We believe the financials of a company tells a story so let us write one for your company to maximize its value.

We strive to return the majority of our fees via higher profits for the businesses we serve within 12 months. That's how we hold ourselves accountable to delivering client value & our promise.'s

Who would you trust in improving your valuation an investor or accountant?
BCA Logo Gold.PNG
We have 3 decades of  Wall Street experience focused on valuations and what's driving it.  We analyzed hundreds of companies/ industries financially, strategically and competitively. The most critical part of an Exit Plan is determining & improving your companies valuation.
Our goal at CCS is to deliver at least our fees charged in higher profits within 12 months. 
Leonard Brecken

Email:  lbrecken@charlotteconsultantservices.com

Phone: 917-701-5231

After nearly 30 years as portfolio manager, institutional investor & financial analyst evaluating the value & profit of investing in public companies, CCS was founded.  The services offered by CCS are based on this experience as we aim to improve business profits & value.  We also apply this experience to small business owners business & personal financial planning as a Financial Advisor.

Leonard Brecken has appeared in many media outlets demonstrating his expertise in combining Accounting, Finance & Economics skills (many appear on below).

In the 1990's Mr. Brecken rose thru the ranks at Oppenheimer & Co conducting equity research on large publicly traded technology companies for institutional equity funds reaching Senior Vice President.  One of the primary roles was to maintain detailed financial models for the companies under coverage, analyze earnings reports and evaluate the merits of a company's valuation.  Part of the research process was to interact with senior management.

In the late 1990's, he became the Senior Technology Analyst at Feirstein Capital one of the largest hedge funds ($1 Billion under management at its peak).  During the 3 years he generated over $150 million in capital gains for the fund thru analytical research & recommendations. 

By the early 2000's he founded his own hedge fund where he acted as the trader, research analyst and portfolio manager of the fund when he frequently made media appearances on various topics.

 

After moving to Charlotte in 2016 he became a Financial Advisor at Waddell & Reed and then WealthPlan Financial Group specializing in the planning needs for business owners.   

How Financial Statement Analysis Was Applied

Over Mr. Brecken's career he has made many media appearances demonstrating how he has applied the same financial statement analysis used in improving profits for business owners.

1)  In 2011, Mr. Brecken made several appearances on CNBC & Fast         Money when he exposed what he deemed Netflix's aggressive           accounting for acquired content as well as significant                           discrepancies between operating cash flow & earnings.  Further,         warned of a significant slowdown in domestic subscribers which         ultimately led to the stock falling by 80%.   Use the following links       to see his appearances:

2)  In 1998, as an equity analyst he exposed accounting irregularities at Avid Technology resulting in the resignation of the CFO.  Rising Property Plant & Equipment was a result of the company moving inventory of product into that account masking a slowdown in the overall business.  The stock fell 50% as a result.  The article appeared in the WSJ.

3)  In 2015/2016, as a Hedge Fund manager at Brecken Capital LLC,         Mr. Brecken wrote over 40 articles across various media as well as       being interviewed by Financial Myth Busters on the general                 economy as well as the oil markets.  He correctly, predicted oil's         fair value price of $60 a share and that oil at $25 was                             unsustainable.   Further the perceived oil imbalances were                   generally being exaggerated in the media.  This was                             discovered thru conversations with executive management with         various energy company's, extensive analysis of  financial                     statements of energy company's and listening to earnings                   conference calls.  His various articles  appear below:

  • Black Facebook Icon
  • Black LinkedIn Icon
About our Founder
Need more details? Contact us

We are here to assist. Contact us by phone, email or via our Social Media channels.

© 2018 by Charlotte Consultant Services

  • Black Facebook Icon
  • Black LinkedIn Icon