ANDY TERRY, Ph.D
Senior Consultant
Phone: 501-952-0530
Click here to contact The VMP Group via e-mail
BACKGROUND SUMMARY:
Ten plus years of executive level experience in Accounting and Finance in addition to more than fifteen years teaching in Finance at the undergraduate and graduate levels in an accredited University. Experience includes a background in Accounting at the CPA level, Corporate Controller, Research Analyst, and Business Valuation analysis, and multiple other finance and accounting skill sets. Significant experience includes:
Business Valuation Cost of capital/Rate of Return Analysis
Economic Costs and Damages
Financial Statement Analysis
Portfolio Analysis
Financial Planning
Hedging Strategies
Teaching university-level Finance courses
WORK EXPERIENCE:
University of Arkansas at Little Rock – 1/05 – present – Associate Professor of Finance
University of Arkansas at Little Rock – 1/02 to 12/04 – Whitbeck-Beyer Chair of Insurance and Financial Services; Associate Professor of Finance
University of Arkansas at Little Rock, 10/96 to 12/01 - Associate Professor of Finance and Chairman, Department of Economics & Finance.
University of Arkansas at Little Rock, 1/90 to 10/96 – Assistant/Associate Professor of Finance
University of Michigan, 8/85 to 12/89 - Research assistant and teaching assistant.
Stephens Inc., 3/85 to 8/85 - Accounting Consultant.
Lasater & Co., 3/84 to 3/85 - Vice President and Controller.
Peat Marwick (Now KPMG), 7/78 to 3/84 - Audit manager in firm's Little Rock office.
PROFESSIONAL ASSOCIATIONS:
• Arkansas Society of CPA's
• Financial Planning Association, Arkansas
• Financial Management Association
• Academy of Financial Services
EDUCATION:
University of Michigan - Ph.D. in Finance May 1990, Masters of Arts degree in Economics 1989.
University of Arkansas at Little Rock – Fall 1984 – night class calculus/statistics.
Tulane University - Attended graduate program in economics on full fellowship in fall of 1980. Left to rejoin Peat Marwick.
Hendrix College - Graduated Cum Laude with a Bachelor of Arts in Business and Economics in May 1978.
OTHER PROFESSIONAL DEVELOPMENT:
American Society of Appraisers - Business Valuation: Business Valuation Seminar, Levels I, II, III and IV.
Certified Public Accountant (CPA); certified in Arkansas.
Chartered Financial Analyst (CFA); 2006
CONSULTING:
Business Valuation
Examples:
• Anesthesiologist Practice
• Auto Care Company (sale)
• Baldridge - FLP valuation
• Franke's Cafeterias
• Farmer’s Equipment Co.
Rate of Return / Cost of Capital
Examples:
• 2004 - Allen, B., Usury
• 1998 - Allen, B., Usury and Reg. Z disclosure violations
• 1996-97 - Shumaker Public Service (Water Utility)
• AP&L (assisted rate of return filing)
• Alltel (project cost of capital)
Economic Damages
Examples:
• 2006 –Roland v. Morg. Stan./DW, Investment Suitability, Churning
• 2005 – Arkansas Securities Dept, Investment Suitability
• 2003 – Arkansas Auto Auction, hot checks
• 1999 - Met Life - potential damages due to fraud
• 1996 - Forgecraft - business interruption damages
Personal Damages
Examples:
• 2005 – Hill v. Con Agra, wrongful termination
• 2003 - Hope - Allen personal injury
• 2000 - Norman – lost wages, age discrimination
• 2000 - Munson – Lunsford, wrongful death
• 1997 - Banks - Sexual discrimination
SEMINARS & TRAINING:
• Weyerhauser - Personal investment and portfolio planning
• Maverick Transportation - financial statement analysis
• Frost & Co. - corporate financial planning
SELECT PUBLICATIONS:
• Terry, A. and Vibhakar, A., A Comparative Analysis of the CFA and CFP Designations, forthcoming, Journal of Financial Education. Fall 2006
• Terry, A., Smith, R., and Vibhakar, A., Increasingly Global: Combining an International Business Degree with a Post-Degree Designation, Journal of Teaching in International Business, Vol 18, Issue 1, pp 53-72, 2006.
• Terry, A. and Goolsby, B., Section 529 Plans as Retirement Accounts, Financial Services Review, Vol 12(4) Winter 2003
• Terry, Andy., Student Performance in the Introductory Finance Course, Journal of Financial Education, Fall/Winter 2002.
• Terry, A., et al., Plain Talk: The Future of Little Rock's Public Schools, UALR Published Book, February, 1997
• Goosen, K.R., P. Foote, and Terry, A., Increasing the Effectiveness of Performance Evaluation Through the Design and Development of Realistic Finance Algorithms, Developments in Business Simulation and Experiential Exercises, Vol. 21, San Diego, 1994.