Middle market guides in a rocky recovery

UHY Advisors NY Inc.  is teaming with CFO Alliance, a global community of senior financial leaders, to address the needs of middle market company executives seeking innovative ways to support corporate decision-making amid unsettled market conditions.

UHY officials in a press release said the new partnership provides a national, collaborative platform for finance leaders and experts to openly discuss, debate and dissect critical opportunities.

“Uncertainty in the markets has impacted our nation”™s recovery,” said Michael Mahoney, managing director of UHY Advisors”™ New York metropolitan area, which includes the accounting and business consultant”™s White Plains office. “We”™ve seen momentum tempered by pull-back in the middle market, and we believe this partnership is one way that UHY Advisors NY can do its part to fuel improved confidence and performance within this economically vital sector.”

Nick Araco Jr., president and CEO of CFO Alliance, said the partnership “can address the aura of caution among middle market executives by providing a vehicle for thoughtful discussion, the type of exchange that can serve as an inspiration and validation of viable ideas in the areas of investing, hiring, finance and operations.”

Using both online and offline technologies, CFO Alliance brings together more than 3,000 CFOs, vice presidents of finance, accounting and finance directors and other established senior financial leaders and executives for bimonthly roundtables in 13 U.S. markets via live-streaming, dial-in and video conferencing. Discussions are posted online for future reference.

Mahoney said UHY, which serves middle market companies, is “creating a think-tank environment specifically for this sector that has such an oversized impact on Main Street.” He said UHY and CFO Alliance will work with the Fordham Business School and other academic leaders on the roundtables.

Middle market executives who want to participate in the UHY-sponsored CFO Alliance forums can get more information by visiting TheCFOAlliance.org.