Today we’d like to introduce you to Chuck Anderson, C.P.A.
So, before we jump into specific questions about the business, why don’t you give us some details about you and your story.
I grew up in Des Plaines, Illinois, a suburban of Chicago, going to school at Northern Illinois University where I got my B. S. in Accounting. I was the oldest of six children and close to my Irish family during the 50’s and 60’s up to today. In fact, I was born in Londonderry, Northern Ireland during WWII landing in New York on St Patrick’s day. True story. War Bride Act of 1946
Tired of the cold winter weather and hot humid summer I longed for a change. Loving the Beach Boys music, and having served in the United States Marine Corp reserves during Vietnam War, I decided to go to graduate school and was accepted at the University of So. California. California was calling me as it has for so many from the Midwest over the years.
I loaded everything I owned, including my typewriter, and drove out to California in my 1967 Jaguar XKE via the old Route 66.
Graduate school was good for me so I was hired as a Management consultant at Price Waterhouse Cooper in downtown Los Angeles.
I left public accounting after five years and held various senior level management positions including 11 years at the Director of Internal Audit for Standard Brands Paint Company. I took the risk of starting the audit function at Standard Brands and was successful. My first real test after school.
This job allowed me to buy my first home and the first condominiums built in Manhattan Beach in 1976.
I received a tip years earlier from a Marine friend of mine who I met in Chicago bar who told me if you decide to stay in California after school look at a small community along the coast called Manhattan Beach. Timing in real estate is everything. I could not afford to buy the home I live in now.
Corporate American was not for me because I wanted to be my own boss, did not like the politics, I wanted to be my own boss and in control of my time and efforts. Being married in 1983 with a family, and mortgage how was I going to strike out on my own. By now I was a C.P.A. with a strong audit background but 45 years old. How could I do it.
Well the answer came to me when I decided to use the equity in my home, with my wife support to purchase my first accounting firm from a lady that wanted to go into a different line of business. One purchase lead to three others of various sizes all with clients in the South Bay. Today I have now been on my own for 28 years and if anything, wish I had done it earlier. I love my work and have no intention of retiring because I love to travel and giving back. I believe you live longer if you keep your mind keen. I have been in 47 different countries which has not only allowed me to help the less fortunate but give me a greater appreciation of the great country of the United States that I love so much. Our liberty and freedom is unparalleled.
From whom much is given much is expected. In honor of my father, mother and my Catholic upbringing I have devoted my life to help the less fortunate. My volunteer charity work has included 10 years on Museum of Science and Industry Advisory Board, 11 years in Catholic Big Brothers and 28 years this past August in Rotary. I was the District Governor of Rotary in Los Angeles in 2008-09 and Man of The Year in Redondo Beach in 2004. I have been on nine international humanitarian trips.
Something unexpected is going to happen almost every day so you have to learn how you are going to react. It makes all the difference. Be thankful for what God has given you and never, ever give up.
Overall, has it been relatively smooth? If not, what were some of the struggles along the way?
I have three wonderful children but my second son Kevin was not only not born on St Patrick Day but on March 16th with both down syndrome and autism. Enormous strain on family. His brother and sister have been great. The state has helped place him in a home near us now that he is 30.
In order to provide the right support for my clients, I had to become a Certified Financial Planner (CFP).
I went back to school at the age of 52 becoming a CFP in 1998 at the age of 54.
My wife had breast cancer at an advanced stage. Doctor said that without drugs on the market today at that time she would have died 3-4 year earlier.
How to raise family, my business and all the volunteer work while paying the bills.
We’d love to hear more about your business.
I am one of the few CPAs in the South Bay that is not only a CPA, but a Certified Financial Planner, Life Insurance Agent with 3 security licenses 6,7 and 62.
I am a small full-service firm that specialized in new start of businesses as a QuickBooks Advisor
We have very direct, honest approach to advice that clients seem to appreciate.
We quickly come up with solutions at a low cost to clients.
My background is so extensive that we really can be a one stop for clients with all of our contacts with other professionals.
If you had to go back in time and start over, would you have done anything differently?
I would have gone into business earlier and spent more time expanding the financial planning end of my business.
- I charge $175 per hour for my time that I prorate-Don’t nickel and dime clients.
- Two senior accountants in office are billed at $75 per hour.
- Website: www.chuckandersonaccounting.com
- Phone: 310-374-8832
- Email: firstname.lastname@example.org