Franchise News Release: Columbia, MD - (Sep-15-2003)


Fiducial appoints investment industry veteran to lead the company's development of financial services products for the United States


Fiducial, an international provider of professional business outsourcing and Financial Services to small businesses and individuals, today announced that R. Sherman Jent, a 25-year investment industry veteran, has been appointed director of financial services for U.S. operations. Jent will focus on providing high-level financial strategies and developing new financial services to support the needs of thousands of Fiducial small business clients across the United States.

"Fiducial is in the business of helping small businesses grow and be profitable," said Yves Morard-Lacroix, company president. "Adding people like Sherman Jent to manage our team of expert advisors is just one more way Fiducial helps our clients run their businesses rather than having their businesses run them."

Throughout his career, Jent has worked for a range of financial services and investment banking firms where he was responsible for regulatory compliance guidance, institutional and retail securities sales and investment advisory services. He previously served as vice president for institutional and broker/dealer sales for McGinn, Smith & Co., one of the first full-service online investment banks, and as Director of Sales and Marketing for Westport Resources Investment Services, a brokerage firm offering financial planning, portfolio management and investment services.

In addition to financial services, Fiducial acts as a one-stop resource for small businesses needing legal, human resource, tax and payroll and other back-office services. Across the country, Fiducial has a network of more than 700 local offices serving more than 185,000 small businesses and individuals.

Jent will focus on expanding Fiducial's financial services to include insurance, mortgages and home equity loans. "Now that the economy is improving, many people are asking us about investments that will help secure their financial futures," said Jent. "Every day, my number one priority is to develop and provide Fiducial's network the best tools available to successfully guide their clients to reach their financial goals."

A native of Lafayette, Tennessee, Jent currently resides in Westport, Connecticut with his wife and children.

About Fiducial

Fiducial is an international provider of professional business outsourcing and financial planning services to small businesses and individuals. Established in France in 1970, the company is currently the ninth largest accounting firm in the U.S. and the thirteenth largest in the world. Fiducial entered the U.S. market in 1999 through a series of strategic acquisitions and now serves clients nationwide through a network of nearly 700 franchised and 20 company-owned offices.

Fiducial's professional services network, which has more than 6,500 employees worldwide serving over 185,000 clients, is supported by Fiducial Support Systems, which provides assistance in marketing, human resources, research and development, technical applications and services, and other business areas.

Privately held with assets of more than $450 million, the company's worldwide revenues by all operations exceed $1 billion, with U.S. revenues at $500 million per year. With global headquarters in Paris, France, Fiducial's U.S. headquarters is in New York City and it has a major technical and administrative support center in Columbia, Maryland.

Registered Representatives offer securities through NATIONAL PLANNING CORPORATION (NPC), NPC of America in FL and NY, Member NASD/SIPC. Fiducial and NPC are separate and unrelated companies.




 

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