Company: About vcfo

Our goal is to make companies stronger. Our consultants work as trusted advisors to your team to solve the most complex business and operational issues through our integrated, complementary suite of services, proven methodologies and industry best practices. vcfo has supported more than 3,000 clients nationwide with finance, human resources, technology and recruiting needs, through our offices in Austin, Dallas, Denver, Houston and Seattle. Learn More

Our Core Values

When vcfo was founded in 1996, we modeled our business to offer fractional CFO services to clients who required financial advisors they could trust to guide them through major changes. We built a business based on integrity, honest communication, accountability and a dedication to taking exceptional care of our clients. Our service offerings have expanded significantly over the years, but our commitment to the values that shaped our success has never wavered. Read More

Corporate Philanthropy

vcfo makes giving back to our communities a priority. Many of our team members contribute their time and expertise by serving on committees and boards, and we support several organizations through financial donations and volunteer opportunities throughout the year, such as Heifer International, Ronald McDonald House, Junior Achievement, Entrepreneur’s Foundation Service Day, the Austin Children’s Shelter, The Miracle Foundation, Boy Scouts of America and the Companion Connection. Read More

With over a century of hands-on experience in finance, human resources and recruiting, vcfo's executive team understands the needs of companies large and small and is committed to addressing clients' needs at every stage of development and growth.

Ellen Wood


Ellen co-founded vcfo in Austin, Texas, in 1996 and serves as its CEO. Under Ellen's leadership, the company has expanded into new markets and added service offerings to meet the evolving needs of its clients. Over the past 20 years, vcfo has opened offices in Dallas, Denver, Houston and Seattle, and now offers a full suite of services, including finance, human resources, technology and recruiting. In addition to her corporate responsibilities, Ellen enjoyed a dual role at vcfo in the early years with field responsibilities as the Consulting CFO for clients such as Motive, Agere, Digital Motorworks, Ventix and Troux. She continues to actively engage with the Austin community, serving as a board member for many local organizations and providing mentorship to the next generation of business leaders. Ellen currently serves as the Chair-Elect for the Austin Chamber of Commerce.

Prior to founding vcfo, Ellen served as Executive Vice President and CFO at Capital Network System, Inc., a privately held international telecommunications company and one of the first internet players. Earlier in her career, she co-founded a telecommunications business and served as the Senior Financial Officer for two residential home builders: Hometown Builders and Block Watne Texas, Inc.

An active member of the Austin community, Ellen serves as Chairman of the Board for the University Federal Credit Union, an Advisory Board Member and past Treasurer of the Boy Scouts Capital Area Council, a Board member and Treasurer for The Entrepreneurs Foundation of Central Texas, a member of the Audit and Physician’s Compensation Committees for Seton Hospital, and a member of the Austin Area Research Organization (AARO). She is a past two-term Board member of the Greater Austin Chamber of Commerce and their past Vice Chair of Finance. She previously served as a Board member, Austin Chapter President and Statewide President of TeXchange.

Ellen is a graduate of The University of Texas at Austin and a certified Texas CPA.

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Darrell Tesmer

Chief Compliance Officer and Executive Vice President

Darrell joined vcfo in 1997 and serves as Chief Compliance Officer and Executive Vice President. Responsible for overseeing vcfo’s corporate HR and IT departments, Darrell is a member of vcfo’s Board of Directors and previously served both as VP of Finance and Administration and as a Consulting CFO.

Presently, Darrell is responsible for new corporate opportunities and strategic partnerships; management and negotiation of company contracts and agreements; corporate financial planning and reporting; cash, investment and treasury management; tax planning, administration and compliance; and corporate IT and Human Resources.

Darrell  is a member of vcfo’s Board of Directors and previously served as VP of Finance and Administration and as a Consulting CFO to a wide variety of vcfo clients, including those in the following industries and sectors: software, computer and device hardware, CAPCO, biotechnology, not-for profit entities such as family foundations, private schools and community foundations, fabless semi-conductor and technology and life science licensing businesses. Darrell also serves as Fund Manager for vcfo’s private equity fund and has consulted with several vcfo venture capital clients.

As a function of his COO duties, Darrell designed the company’s current back-office data processing and reporting systems. He is the system administrator of the company’s ERP systems and manager of the company’s intranet and employee portal technology. Darrell is an expert Excel user and has designed for clients numerous multi-period and multi-dimensional financial models, many successfully used to raise capital.

Prior to vcfo, Darrell was the Finance Manager of Amnex, Inc. where he assisted in the integration and transition of an acquired company, Capital Network System, Inc. Earlier in his career, Darrell was a Financial Analyst and Staff Accountant for The Clorox Company in Oakland, California.

Darrell received a BBA Degree in Finance and Honors Business and an MBA from the University of Texas at Austin. He currently serves as Texas State Treasurer of TeXchange and is a member of the Central Texas Regional Center for Innovation & Commercialization (RCIC).

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Mike Wilfley

Chief Operating Officer and Executive Vice President

Mike Wilfley serves as the Chief Operating Officer and Executive Vice President. With more than 25 years of proven executive success and experience, Mike has expertise in building strong teams designed to execute complex strategic and operational plans in a variety of fast-paced industries.

Mike has worked with executives and managed teams in a multitude of environments, including rapid growth, M&A and turnaround. He has extensive experience with evaluating capital structure alternatives to transition companies. Through helping officers develop success-based variable compensation structures, his clients have experienced an increase in employee retention. Working closely with outside partners, he has developed strong relationships with professionals, such as attorneys, accountants and risk managers, who help support executive teams across all industries.

Prior to joining vcfo, Mike held CFO positions with Durcon Incorporated, Dorsan Biofuels, Inc., Grande Communications/Thrifty Call and Littlefield Real Estate Company, among others.

Mike received his BBA in Accounting degree from the University of Texas in Austin. He is a CPA and CGMA.

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Kim Hughes

Vice President of Business Development

Kim Hughes is the Vice President of Business Development for vcfo. As an energetic planner with an entrepreneurial spirit, Kim enjoys executing projects in fast-paced environments and achieving results in quick-turnaround situations. Her background includes venture capital, financial services and data processing.

Kim prides herself on her ability to cultivate lucrative business, community and media relations that lead to increased firm recognition, as well as mutually-beneficial value and opportunities for all involved. During her 18 years of experience in the venture capital industry, she was responsible for all marketing initiatives and communications efforts. She also played an active role in providing marketing support, resources, and extensive press and community relations for the firm’s portfolio companies. Previously, Kim helped open the Austin office for TL Ventures and spent several years in various positions at Electronic Data Systems (acquired by HP). Kim supports vcfo across all markets, further strengthening vcfo as a go-to-resource for finance, human resources, technology and recruiting services. Prior to joining vcfo, Kim served as Director of Communications at Austin Ventures.

Kim once rappelled down 38 stories of the W Austin Hotel to raise awareness and funds to support the Make-A-Wish Foundation of Central Texas. She and her husband, Kyle, are native Texans and love to explore Big Bend country. Kim enjoys live music and has attended and managed one of the hospitality stage areas at the ACL Music Festival for 14 years.

Kim serves on the board of directors for the SIMS Foundation and is a founding member of the Strategic Communications Group at the National Venture Capital Association.

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Kim Flores

Vice President of Human Resources

Kim Flores is the VP of Human Resources, where she leads internal initiatives focused on culture, workforce alignment and the attraction and retention of vcfo staff. With more than 20 years of human resources experience, Kim has deep expertise across a variety of HR functions, including recruiting, performance management, compensation, employee relations and employee benefits.

Prior to joining vcfo, Kim was the Owner and Principal Consultant of Connect HR Consulting, LLC. Before forming Connect HR Consulting, she held HR roles at Green Mountain Energy Company, Pavilion Technologies, First National Bank of America, Industrial Metal Products Corporation and Kellogg Hotel & Conference Center.

Kim received her bachelor’s degree in communications from Michigan State University. She has served as a board member of Austin Human Resource Management Association (AHRMA) and is currently a member of the Society of Human Resource Management (SHRM) and is a certified Senior Professional in Human Resources (SPHR).

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Steven A. Cook

Managing Director, North Texas

Steven is the Managing Director of vcfo North Texas. With more than 40 years of experience, Steven has served as president, CEO, CFO and SVP for businesses in the energy, insurance, real estate development/management, consulting services and manufacturing industries. He has proven success and expertise providing strategic leadership and advisory services.

Most recently, Steven served as president of Cook CFOs, a well-known accounting outsourcing firm in the Dallas/Ft. Worth area that provides CFOs and COOs to small- and mid-sized businesses. Cook CFOs merged with vcfo in January 2016.

Through Cook CFOs, Steven served as CFO for a variety of businesses in the Dallas/Fort Worth area. Earlier in his career he served in Senior Vice President and finance positions with TIG Insurance Company, EQUICOR, CIGNA Healthplans, Trammell Crow Company. He started his career in public accounting with Touche Ross.

Steven speaks on topics such as management accounting and outsourcing. He has served on standing committees of the AICPA and on numerous boards of both for-profit and not-for-profit entities. Steven received a bachelor’s degree in economics from Claremont McKenna College and is a Certified Public Accountant.

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Cristina Silingardi

Managing Director, Austin

Cristina is the Managing Director of vcfo Austin. An accomplished professional within the financial services industry, Cristina has over 20 years of financial and operations leadership experience and 7 years of CFO Consulting experience with vcfo where she has helped to customize solutions for clients who needed finance, HR and technology solutions. Throughout her career, Cristina has had the opportunity to work with companies in various industries and lifecycles--from start-ups to high-growth and mature businesses. Cristina's work ethic has earned the respect of both her clients and her peers, and her mentorship and leadership capabilities are a great asset to vcfo.

Prior to joining vcfo, Cristina worked as an independent consultant as well as a CFO and Treasurer for HamaTech USA, Inc., and as a Corporate Controller for STEAG AG in Essen, Germany. Cristina's diverse experience has enabled vcfo to serve clients both stateside and globally abd she provides flawless service to her long-term clients while helping clients from start-ups to mid-growth. Cristina has worked closely with many international investors setting up companies in the U.S. and also with domestic companies expanding abroad through acquisitions or subsidiaries, acting as a close partner and contact point for shareholders, boards of directors, and other CEOs.

Cristina's clients at vcfo have ranged from HomeAway, SchooX, Phunware, Wind Energy, Transmission of Texas, Iccenlux Corp., T-Solar, Wastewater Solutions, Isolux Ingenieria LLC, Macheen, US Telehealth, and Portella and Magellan International School.

Cristina, who is fluent in English, German, conversational Spanish and Native Portuguese enjoys traveling throughout the U.S. and abroad for work and fun. She is also a board member of the Easter Seals of Central Texas.

Cristina holds a Bachelor's degree in Economics from the Universidade Estadual de Campinas in Brazil and a Master's degree in Accounting and Financial Management from DeVry University in Austin, Texas.

Cristina is a certified Texas CPA.

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Carter Freeman

Managing Director, Denver

Carter is the Managing Director for vcfo Denver.  An accomplished professional with over 25 years of senior-level financial and accounting experience, Carter has demonstrated an ability to embrace new situations, establish trust and develop a workable game plan. To produce results, Carter navigates his clients through their challenges by assessing a set of circumstances and “cutting to the chase.”

An accomplished professional with over 25 years of senior-level financial and accounting experience, Carter’s capabilities encompass negotiating ownership transition, leading and supporting capital raising efforts totaling over $100 million, participating in multiple acquisitions from both the buy- and sell-side, in addition to merging operations as acquirer and acquiree. Carter is also adept at establishing financial and operational accounting systems, managing finance and customer service personnel and leading technological conversions, such as computer software.

Having served as CFO, VP of Finance, Controller and Treasurer in his career, Carter has experience with venture capital-backed start-ups, internet-related firms, distribution and manufacturing and publicly traded multi-bank holding companies. Prior to vcfo, Carter held finance and accounting positions with Brain Matters, Bid4Vacations, Powerworx Online, TEC Direct and Integration Alliance Corporation. He began his career in public accounting with Coopers & Lybrand, a predecessor firm to PricewaterhouseCoopers.

Carter has a BS in Accounting from Montana State University and an MBA in Finance from the University of Colorado.

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Mike Scheaffer

Managing Director, Seattle

Mike is the Managing Director of vcfo Seattle. With more than 25 years of experience working with companies ranging from start-up to Fortune 100, Mike has tackled diverse and challenging opportunities to advance the business and grow professionally. Mike has also held consulting roles in the software, commercial airplane manufacturing, medical imaging, public relations and airline industries.

Prior to joining vcfo, Mike held positions with Alber Enterprises, Trinity Health Systems, Expro Group, Liberty Pacific Medical Imaging, Jefferson Wells, Wireless Services Corporation / Notable Technologies, Inc., Attachmate Corporation, Raima Corporation and Halliburton Company.

Mike received his bachelor’s degree in accounting from Oklahoma State University. He also maintains a current CPA license.

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Mike Prochaska

Director of Technology Solutions

Mike Prochaska serves as the Director of Technology Solutions. Mike has more than 20 years of experience and proven success transforming organizations by recommending, implementing and evaluating technology solutions. He has worked with domestic and global companies in all lifecycles, from start-ups to Fortune 500.

Mike’s diverse background includes turn-around CIO roles, technology strategy, program and project management, change management, application development, business management, IT management, internal audit, fraud investigation, operational auditing, business process improvement, cloud utilization, mobility deployment and a host of complex problem solving experiences.

Prior to joining vcfo Mike held positions with Duvera Consulting LLC;  AFGlobal Corporation; Facilitek Services; Sirius Solutions, LLLP; Cooper Industries, Ltd.; International Business Machines (IBM); and Soils and Foundation Engineers, Inc.

Mike received his bachelor’s degree in management from the University of Louisiana at Lafayette and earned his master’s degree in business administration from Louisiana State University with concentrations in information systems and internal audit. In addition, he has obtained multiple targeted certifications during his career: Certified in the Governance of Enterprise IT (CGEIT), Project Management Professional (PMP), (Certified Information Systems Auditor (CISA) and Certified Internal Auditor (CIA). Mike is also a member of the Project Management Institute (PMI), the Information Systems Audit and Control Association (ISACA) and the Institute of Internal Auditors (IIA).

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Mike Mackey

Regional Vice President, Houston

Mike joined vcfo in 2009 and serves as Regional Vice President for vcfo Houston, providing clients CFO-level support and guidance. Assisting clients at the strategic and operational level, he has diverse industry experience, including computer software, software as a service (SaaS), oil and gas, manufacturing, business process outsourcing (BPO), e-commerce (B2B and B2C), consulting and bio-technology.

Mike is known for his proven C-level executive skills effectively impacting companies’ growth potential. Through strategy analysis, business modeling and the establishment of appropriate operational, financial and administrative processes, Mike has successfully worked alongside company executives to realize their short- and long-term goals. Whether it is preparing to raise additional resources through debt, public and venture capital financing, positioning a company for successful liquidity, or fulfilling organizational needs within company objectives, Mike has the knowledge, experience and resources to help a company meet their requirements.

While with vcfo, Mike has assisted numerous clients at both the strategic and operational level, including an international medical device company experiencing rapid growth, a transportation company that needed to upgrade their financial infrastructure in terms of technology and processes and an oil and gas company preparing for public sale on the London exchange. Additionally, Mike executed strategic methods for a software company in preparation for its impending growth and guided a US-based start-up subsidiary of a multi-billion dollar European construction company with a sales pipeline exceeding $300 million.

Prior to joining vcfo, Mike held various C-level positions in companies with very successful funding and/or liquidity events such as Founder and Principal with Ascent Synergy Solutions, President, COO and Founder of Empyrean Benefit Solutions, CFO and EVP Finance and Administration for Synhrgy HR Technologies, CFO and EVP of Administration of both FastWEB and DA Consulting Group.

Mike has a Bachelor’s degree in Accounting from the University of Florida and a Masters in Accounting and MBA from the University of Central Florida.

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We are fortunate to have the following members of our advisory board.

Tommy Deavenport

Founder & SVP/Regional Manager, Square 1 Financial

Tommy co-founded vcfo with Ellen Wood in 1996 and currently serves as Square 1 Financial’s Regional Manager for the state of Texas, as well as the Midwest area. He was former Vice President of Finance and Operations for the Austin Ventures Accelerator Program and a Senior Vice President and Regional Manager of Imperial Bank's Emerging Growth Division. He was also a consultant with several companies in their earliest stages, including Vignette,, SMART Technologies, Zilliant and MessageOne.

Tommy serves on the Board of Directors for Breakthrough Austin and as a Finance Committee Advisor for Girlstart. He obtained his BBA in Accounting from Texas State University and is a Certified Public Accountant.

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Laura Kilcrease

Managing Director, Triton Ventures, LLC

Laura is the Founder and Managing Director of Triton Ventures, LLC, a venture capital fund investing in spinout and early-stage technology companies. With more than 25 years of hands-on experience in commercializing technology, Laura has a deep understanding of how to cultivate new opportunities to “grow businesses around businesses”, as well as how to deconstruct and reconstruct business models to achieve significant results.

As one of the key participants in changing the economic landscape of Central Texas into the high tech environment, Laura served as Executive Director of The University of Texas IC2 Institute’s Center for Commercialization and Enterprise. C2E developed commercialization strategies for universities, government laboratories and research consortia and R&D departments of major corporations.

An active member of the community, Laura has given her time and expertise to a number of nonprofit boards, including the Women’s Leadership Advisory Board of Harvard University’s Kennedy School of Government, the Beyster Institute, World Congress for Information Technology 2006 and the IC² Institute at The University of Texas at Austin, among many others.

Laura has often been recognized for her outstanding achievements and has received numerous honors and awards, including the Ernst & Young Entrepreneur of the Year Award, the Austin Business Journal’s Profiles in Power Award, and UT’s McCombs School of Business Women in Business Leadership Conference Trailblazer Award.

Born in London, Laura received her certification as a Chartered Management Accountant in the UK and an MBA from The University of Texas at Austin.

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Scott Killingsworth

CFO and VP of Corporate Development, Somnio Solutions

At Somnio Solutions, Scott is responsible for all financial functions, as well as guiding the organization as they expand into new markets and product offerings. Prior to joining Somnio, Scott worked for vcfo for eleven years, first as a CFO and later as its COO, where he had a variety of operational responsibilities, including IT operations, oversight of the Dallas and Houston markets, and the development of expansion markets.

Prior to joining vcfo, Scott was the CFO and VP of Operations for MYTECH Corporation, where he was responsible for accounting and finance, IT operations and the evaluation of business plans and acquisition proposals. Earlier in his career, Scott founded Balcones Technologies and worked as a Controller at High End Systems in Austin, Texas.

Scott received a Bachelor of Business Administration degree in Accounting from Stephen F. Austin State University. He is active in the Town & Country Optimists Club and is a YMCA volunteer.

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Greg Garrison

Staffing Leader, Google, Inc.

Greg leads engineering recruiting/sourcing efforts at Google’s headquarters in Mountain View, CA as well as Chicago and Austin. Prior to Google, Greg founded and served as CEO of Start-up Staffing, Inc., a company that was acquired and rebranded as vrecruiting by vcfo in 2007. In his role as President of vrecruiting, Greg was charged with reengineering internal recruiting as well as the integration and national expansion of recruiting services.

Prior to vrecruiting, Greg served as the SVP of Sales for TEN, selling recruiting services to such companies as Dun and Bradstreet, PepsiCo, Charles Schwab and Amazon. Earlier in his career, Greg recruited for Dell, AMD and a variety of technology start-ups.

Active in the Silicon Valley tech community, Greg has 17 years of experience in recruiting, outsourcing and offshoring. Greg received a B.S. in Corporate Communications from The University of Texas at Austin.

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Louise Tieman

Previous Practice Manager, Seattle

Louise joined vcfo in 2011 and was the Bankruptcy Practice Manager and a Consulting CFO for vcfo Seattle. She is a regionally known and highly experienced executive with proven expertise, providing financial consulting and interim management services to small- and mid-sized companies experiencing growth, in addition to working with organizations in restructuring and bankruptcy protection.

With over 25 years of senior-level financial and operational experience, Louise consulted for companies in the biotech, high-tech, distribution, manufacturing, construction, retail, agriculture, financial services and not-for-profit sectors. Louise has had leadership roles in the position of CEO, COO, CFO and Financial Advisor at organizations ranging in size from start-up to $50M revenue. She has expertise in identifying inadequate business processes and designing process improvements; preparing business plans and investor presentations to raise capital from banks and venture capital sources; pitching asset sale opportunities to strategic competitors or other identified prospects; preparing Chapter 11 filings, claims schedules and administering distributions to creditors; analyzing and renegotiating vendor, customer and labor contracts; asserting or defending against preference claims with proprietary modeling tool; and preparing financial statements/reports of public and private companies under the jurisdiction and supervision of the Bankruptcy Court.

Louise received her Certificate of Accounting from the University of Washington and her MBA in Finance from the Monterey Institute of International Studies.

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Tim Dahltorp

Chief Operating Officer, ECSTeam

Tim is COO of ECSTeam, a company that provides technology solutions to clients in the areas of custom software development, application architecture, workflow and process improvement, application integration and PMO services. Tim has over 19 years of operational and financial management experience as CEO or CFO of both public and private firms, ranging in size from $5 million to over $750 million in annual revenue.

Prior to joining ECSTeam, Tim served as Executive Vice President at vcfo. In this role, he was responsible for the overall operations of the Western region offices of Denver, Dallas, Seattle and Colorado Springs: building the team, providing client support and guidance and refining and extending the vcfo brand. Based in Denver, he also served as Managing Director of the Colorado offices.

Tim’s direct industry experience includes financial services, biotechnology, transportation, commercial real estate and entertainment. Tim also has extensive mergers and acquisitions experience, having led 25 purchase or sale transactions, as well as a broad capital markets background, raising over $1 billion in various debt and equity financings. Early in his career, he was a commercial lender for 10 years, providing financing for middle-market firms.

Tim has a BS in Finance from Drake University and an MBA from DePaul University.

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Liz Hocker

Liz joined vcfo in 2006 and worked in various roles from Sr. Consultant to Executive Vice President. In 2012, Liz was promoted to Managing Director of vhr, vcfo’s human resources consulting service line. She substantially redefined and expanded vcfo’s HR service offerings across its five geographic markets. Specifically, Liz hired and trained a team of HR consultants in four markets, designed new service offerings, developed key partner relationships, ensured consistent service delivery and made sure the practice aligned with vcfo’s core values. In 2014, Liz began overseeing the recruiting division as well, and was subsequently promoted to Executive Vice President and appointed to the vcfo Executive Committee.

In recent years, the divisions have worked with over 200 companies, representing approximately 70,000 employees, which were positively impacted through the strong people oriented initiatives vcfo has delivered. 

Liz has over 20 years of experience in operations and HR management, enabling companies to achieve better bottom line results through streamlined processes, workforce alignment, talent acquisition, compliance and organizational change.

Throughout her career, Liz has had the opportunity to work with companies in such industries as software, high tech, manufacturing, eCommerce, entertainment, telecommunications, healthcare, construction, transportation, energy, financial services, public relations, life sciences and hospitality.

Prior to vcfo, Liz was with Green Mountain Energy Company, JP Morgan Chase and Arthur Andersen LLP. She has worked with companies ranging in size from start-ups to large international organizations and has worked in offices throughout Asia, North America and Europe.

Liz received her BA in Organizational Communication from St. Edward's University. Currently, Liz is a member of the Ronald McDonald House Community Advisory Council and the Junior Achievement Board of Directors. She served as the 2006 Vice President of Diversity and as an Executive Committee member for the Austin Human Resources Management Association (AHRMA).

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Bob Bintliff

Bob joined vcfo in in August 2011 and was Managing Director for the north Texas practice. He is a seasoned operating and financial executive and consultant whose experience ranges from Big-4 audit partner to public company CFO to consulting practice leader. He has served clients across diverse industries, including energy and utilities, financial services, healthcare, manufacturing, high tech, distribution and consumer and business services.

As a 5th generation Texan, Bob has spent his entire business career in Texas and has a deep understanding of the Dallas/Fort Worth and north Texas business community. Our clients benefit from his strong leadership and expertise, as well as his extensive network within the professional community. He is currently a member of Financial Executives International, The Association for Corporate Growth, Texas Society of CPAs and Rotary Club.

Bob holds a BBA in Accounting from Texas Christian University, where he was a National Merit Scholar and is an alumnus of the Sigma Chi fraternity. Bob is a CPA and has authored seminar materials and conducted speaking engagements for several professional associations and organizations.

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Over the years, we have worked with many service providers to support our clients. Because we pride ourselves on operating independently, our partner relationships are not exclusive, and we maintain a ‘no-fee referral’ policy. If you would like to partner with us, please contact Katie Brown at or the vcfo office nearest you.