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Securities Analyst Clint Fendley Joins NewBridge Group

October 17, 2013
CDFuneralNews

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Securities Analyst Clint Fendley Joins NewBridge Group

NewBridge Group, one of the nation’s leading succession planners to the funeral industry, is pleased to announce that Clint Fendley has joined the company as Senior Advisor.

For the past seven years, Fendley has been one of the leading security analysts covering the publicly traded funeral home companies and the industry as a whole.  Fendley’s work with Davenport & Co. and the accuracy of his research on the industry was recently recognized by Starmine/Thomson Reuters as he was designated the Top Stock Picker for 2013 for the Diversified Consumer Services area.  Fendley is also a Certified Public Accountant, having previously spent time working with PricerwaterhouseCoopers.

“The funeral industry is continuing to experience rapid change, and we work hard to ensure our clients are educated and have access to all opportunities that are available,” said Jeff Boutwell, President of NewBridge.  “Analysis of trends, access to funding, and understanding of the larger operational and financial landscape are all very important to us and to our clients. Clint brings a tremendous amount of financial experience and access to capital markets that will benefit all of our clients and especially our larger clients as we work with them to explore all their options.”

Fendley said his prior experience within financial services has allowed him to work closely with many leaders across the funeral and cemetery industries. “While our industry has not been immune to changing consumer preferences, I believe that the long-term prospects are very bright,” he said.  “I’m excited about the opportunity to continue working within the industry to help broaden the succession planning options for NewBridge’s clients and to maximize the valuations for their businesses.”

NewBridge Group serves clients throughout the United States from its home office in Atlanta and regional offices throughout the country.  The company offers succession planning, financial advisory, acquisition strategy and funding and appraisal services to family owned and regional funeral home groups.  Since 1997, NewBridge has accumulated a significant track record of helping buyers and sellers.  As a group, we have assisted in the sale of more than 400 businesses. Our success has resulted from first understanding our clients’ goals before tailoring services to fit their needs.