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Mike Pocrnich Appointed Finance Manager at Element Financial Advisory, Bringing Two Decades of Non-Profit Accounting and Financial Expertise

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5 months ago

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Canton, Michigan, 9th October 2024, ZEX PR WIRE, Element Financial Advisory is thrilled to announce the appointment of Mike Pocrnich as Finance Manager. With more than two decades of experience specializing in non-profit accounting, auditing, and financial analysis, Pocrnich’s extensive background promises to enhance the firm’s offerings, particularly in the areas of financial strategy and regulatory compliance.

Pocrnich, a Minneapolis native, holds a BA in Accounting from St. John’s University and has earned a reputation for his expertise in managing complex financial operations. Known for his proficiency in ERP and CRM systems, including those within the Microsoft suite, Pocrnich has played a pivotal role in managing audits, financial reporting, and forecasting for non-profit organizations and government entities.

Mark Anderson, CEO of Element Financial Advisory, welcomed the new hire: “Mike’s wealth of experience and distinctive skill set are invaluable additions to our team. His proven expertise in financial forecasting, grant management, and client relations aligns perfectly with our goal of delivering exceptional financial advisory services. We are delighted to welcome Mike and anticipate the significant impact he will make.”

A Proven Leader in Non-Profit Financial Management

Pocrnich began his career at CliftonLarsonAllen as a Senior Auditor, where he made significant contributions to the auditing field, focusing on strengthening internal controls and mentoring junior staff. His understanding of non-profit financial systems and state and federal grant administration has been a hallmark of his career. In his previous role as Controller at Beltz, Kes, Darling & Associates (now BerganKDV), Pocrnich demonstrated his leadership by overseeing annual audits and financial reporting processes while supporting clients with crucial financial insights.

Throughout his career, Pocrnich has demonstrated a unique ability to streamline financial operations and ensure compliance with accounting standards such as GAAP, FASB, and GASB. His capacity to communicate complex financial data clearly and effectively has made him a trusted advisor for senior leadership and stakeholders.

At Element Financial Advisory, Pocrnich’s role will focus on delivering CFO and Controller services, specifically to governmental and non-profit organizations. His in-depth knowledge of financial forecasting, grant management, and compliance will strengthen the firm’s capability to guide clients through an increasingly complex financial landscape.

“I am excited to join Element Financial Advisory at such a pivotal time for the firm,” said Pocrnich. “With the growing demands on financial institutions and non-profits to navigate stringent regulations and ensure financial sustainability, I look forward to leveraging my expertise to help our clients thrive.”

Commitment to Sustainability: Integrating ESG into Financial Strategy

In today’s evolving financial climate, Environmental, Social, and Governance (ESG) considerations are reshaping business practices. Mike Pocrnich’s experience positions him to help Element Financial Advisory clients integrate ESG factors into their financial strategies, a critical focus as industries increasingly prioritize sustainability.

The demand for sustainable investments is growing, with financial institutions exploring ESG-focused products like green bonds and socially responsible mutual funds. Pocrnich will be instrumental in helping clients navigate this shift, advising on climate-risk management and incorporating ESG considerations into risk management frameworks.

“Mike’s ability to align financial strategies with sustainable business practices enhances our commitment to delivering forward-thinking solutions,” said Mark Anderson. “His knowledge of ESG integration will benefit our clients as they seek to balance financial performance with environmental and social responsibility.”

Navigating an Evolving Financial Landscape

The financial industry is in a period of rapid change, driven by technological advancements and evolving regulations. Mike Pocrnich’s appointment comes at a time when traditional financial institutions face increased competition from fintech startups and the growing trend of open banking. His expertise will play a critical role in helping Element Financial Advisory’s clients adapt to these industry shifts.

The collaboration between traditional financial institutions and fintech companies is reshaping the industry, creating new opportunities for enhanced customer experiences through digital solutions. With Pocrnich’s experience in financial software and technology, Element Financial Advisory will be well-equipped to offer cutting-edge services that leverage these advancements.

Addressing 2024’s Regulatory Challenges

Pocrnich’s experience in regulatory compliance is especially timely, as financial institutions face heightened scrutiny in 2024. His in-depth knowledge of risk management, liquidity strategies, and compliance with updated regulatory guidelines will support Element Financial Advisory’s efforts to help clients stay ahead of industry changes.

Among the key areas of regulatory focus this year are:

  • Liquidity and Interest Rate Risk: Financial institutions are under pressure to manage liquidity amidst volatile market conditions. Pocrnich’s expertise in financial forecasting and strategic planning will help clients develop contingency funding plans to mitigate risk.
  • Third-Party Risk Management: Institutions are required to maintain robust risk management programs when working with third parties. Pocrnich’s experience will guide organizations in aligning their risk management strategies with compliance requirements.
  • Cybersecurity and Operational Resilience: As the financial sector increasingly relies on digital solutions, cybersecurity remains a critical area of concern. Pocrnich’s ability to implement strong risk management strategies will ensure that clients can respond effectively to cyber threats while maintaining operational resilience.
  • Crypto and Digital Asset Regulation: The emerging regulation of digital assets presents both risks and opportunities. Pocrnich’s knowledge of crypto markets will support clients in balancing innovation with regulatory safeguards.

“In navigating today’s financial landscape, we are committed to helping our clients address regulatory challenges while positioning themselves for future success,” Pocrnich added.

About Mike Pocrnich

Mike Pocrnich is an accomplished accounting professional with over 20 years of experience in non-profit accounting, financial analysis, and auditing. He holds a BA in Accounting from St. John’s University and has extensive expertise in financial forecasting, grant management, and compliance with GAAP, FASB, and GASB standards. Pocrnich’s background includes senior roles at CliftonLarsonAllen and Beltz, Kes, Darling & Associates. He now serves as Finance Manager at Element Financial Advisory, providing CFO and Controller services to a diverse client base.

About Element Financial Advisory

Element Financial Advisory is a premier financial services firm located in Minneapolis, MN, offering comprehensive CFO and Controller services to government entities, non-profit organizations, and businesses of all sizes. With a commitment to delivering personalized, strategic financial solutions, Element Financial Advisory helps its clients navigate complex financial landscapes and achieve sustainable success.

For more information about Mike Pocrnich and Element Financial Advisory, please visit www.elementfinancial.com & https://mikepocrnich.com/

 

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Press Release

SageMaster Sets a New Standard in Trading Education

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27 minutes ago

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February 24, 2025

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SageMaster delivers AI-driven insights for crypto, forex, and indices markets while ensuring user control. Built for transparency and compliance, it provides clear, reliable data. With a strong focus on education, SageMaster empowers individuals to navigate markets confidently and responsibly.

Anguilla, 17th Feb 2025, Grand Newswire – SageMaster is at the forefront of financial education, offering a transformative learning experience that remains outside the scope of securities regulation. By maintaining a singular focus on education and skill development, it continues to serve as a trusted resource in financial learning – free from the regulatory constraints of investment platforms. 

Why Choose SageMaster? 

Unlike platforms that focus on investment promises, SageMaster prioritizes education and analysis. It provides: 

  • . Advanced analytical tools for in-depth market insights 
  • . Comprehensive educational resources tailored for all skill levels 
  • . Intuitive data visualization to simplify complex market movements 
  • . Community-driven insights to foster collaboration and learning  

 

Empowering Traders at Every Level 

Designed for both novice and experienced traders, SageMaster provides a comprehensive suite of tools to support learning, strategy development, and market analysis.  

Whether aiming to build, test, and refine trading strategies or connect with a like-minded community, SageMaster offers a complete ecosystem for success. 

Personalized Learning: A Unique Pathway 

SageMaster emphasizes customized education. Everyone engages with the platform at their own pace, tailoring their learning journey to their unique goals. This approach differentiates it from financial enterprises structured around pooled investments. 

Beyond the Basics: A Commitment to Excellence 

Transparency at the Core 

SageMaster operates with absolute clarity regarding its role as an educational partner. The platform includes comprehensive disclaimers and user agreements that clearly outline its educational focus and the scope of its services. 

Innovation in Financial Education 

SageMaster is not a trading platform—it is a cutting-edge educational tool designed to equip traders with the knowledge needed to navigate financial markets. By focusing exclusively on education, a clear separation from investment-related activities is maintained. 

Leading with Integrity 

A strong commitment to maintaining the highest standards of regulatory compliance is at the forefront of SageMaster’s operations, ensuring continual advancement in financial education. 

Understanding SageMaster: Education First 

SageMaster is an educational and analytical tool – not a platform for executing trades. This distinction keeps it outside the realm of securities regulation, as illustrated by the Howey Test, which determines whether a transaction qualifies as a security under U.S. law. The test considers whether there is: 

  • . An investment of money 
  • . In a common enterprise 
  • . With an expectation of profit primarily derived from the efforts of others 
  •  

If these criteria are met, securities regulations apply. However, SageMaster operates solely as an educational platform, ensuring that users are building knowledge, not making investments. 

Looking Ahead 

Unlike investment platforms, SageMaster does not promise or promote financial returns. Instead, it focuses on delivering high-quality education that enables traders to develop financial acumen. Success is derived from applying the insights gained through the platform – not from external guarantees.  

The mission of SageMaster remains clear: to provide knowledge and tools that enable informed financial decision-making with confidence. 

About SageMaster 

SageMaster is designed to make trading in crypto, forex, and indices more accessible and informed. Using advanced AI, it simplifies complex market data and provides insights that guide analytical decisions. Whether at the beginning of a trading journey or possessing years of experience, SageMaster offers features that support strategic navigation of financial markets. 

By focusing on education rather than trade execution, SageMaster ensures that individuals remain in control of their learning journey, making more thoughtful and strategic decisions in the ever-evolving financial landscape. 

For more information, please visit: 

Website: sagemaster.io   

Telegram: t.me/sagemasterofficial  

X (Twitter): x.com/SageMaster_io  

Instagram: www.instagram.com/sagemaster_/  

Youtube: youtube.com/@sagemaster2801 

Disclaimer: This is an educational platform and does not support any form of trading. It does not intend to provide any financial, securities, derivatives, investment, legal or tax advisory. Kindly consult with licensed professionals for such advisory as this platform is not authorized to do the same. The platform or information providers on this platform shall not be responsible for any loss; they also do not guarantee any income from it. This platform shall only be used for educational and demo practice purposes. We do not provide any warranty for the content provided on this platform and shall not be liable for any damages, loss or any other legal consequences. 

Media Contact

Organization: Techhost Worldwide Inc

Contact
Person: Support Team

Website:

HOME

Email:

support@sagemaster.io

Country:Anguilla

The post SageMaster Sets a New Standard in Trading Education appeared first on
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Press Release

Towerstone Accountants Launches Inheritance Tax Advisory Service Amid Upcoming Pension Tax Changes

Published

2 hours ago

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February 24, 2025

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Bedford, United Kingdom – Towerstone Accountants has announced the launch of a specialized Inheritance Tax Advisory Service to help individuals navigate the significant upcoming changes to pension taxation. With new rules set to take effect in 2027, unspent pension funds will become subject to Inheritance Tax (IHT) at 40%, potentially impacting thousands of families.

Proactive Planning for Changing Tax Rules

For years, pensions have served as a tax-efficient way to pass down wealth. However, under the revised regulations, any remaining pension funds at the time of death will be included in the deceased’s estate, making them subject to IHT.

“Many individuals have structured their financial plans around the assumption that pensions are outside the IHT net,” said Christina Odgers, Managing Director at Towerstone Accountants. “This change requires a proactive approach, and our new Inheritance Tax Advisory Service is designed to help clients safeguard their wealth.”

Tailored Strategies for Tax Efficiency

Towerstone Accountants’ Inheritance Tax Advisory Service will provide personalized strategies, including:

  • Optimized Pension Withdrawals – Advising clients on the most tax-efficient ways to draw down their pension while reducing their estate’s taxable value.
  • Early Gifting Plans – Helping clients leverage HMRC’s tax-free gifting rules, ensuring funds reach their loved ones instead of being lost to tax.
  • Alternative Investment Planning – Exploring tax-efficient investment options, such as Business Relief-qualifying assets, to protect wealth from IHT.
  • Estate Structuring & Trusts – Assisting clients in setting up trusts and maximizing available allowances for spouses, civil partners, and charities.

Helping Clients Stay Ahead of HMRC

With the 2027 deadline fast approaching, Towerstone Accountants urges individuals to review their estate plans now.

“Waiting until the last minute could mean losing a significant portion of your inheritance to tax,” said Laura Stevenson, Estate Planning Expert. “Our team is ready to help clients develop robust tax strategies tailored to their needs.”

Book a Consultation Today

Towerstone Accountants is now offering free initial consultations for individuals concerned about the upcoming IHT changes. To learn more or schedule an appointment, visit https://www.towerstone.co.uk/ or contact the estate planning team directly.

About Towerstone Accountants

Towerstone Accountants is a leading advisory firm specializing in tax planning, wealth management, and estate strategies. With a team of experts dedicated to minimizing tax liabilities and preserving family wealth, Towerstone provides tailored financial solutions for individuals and businesses alike.

Media Contact:
Name: Christina Odgers
Organization: Towerstone Accountants Ltd
Phone: +44 
Email: Christina@towerstone.co.uk
Website: https://www.towerstone.co.uk/
City: Bedford
Country: United Kingdom

Media Contact

Organization: Towerstone Accountants Ltd

Contact Person: Christina Odgers

Website: https://www.towerstone.co.uk/

Email: Christina@towerstone.co.uk

Contact Number: +441234889034

Country: United Kingdom

Release Id: 24022524177

The post Towerstone Accountants Launches Inheritance Tax Advisory Service Amid Upcoming Pension Tax Changes appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Wojciech Podobas Exits Kaonavi Stake Through Podobas Global Investments Following $335M Tender Offer

Published

2 hours ago

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February 24, 2025

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Voytek Podobas, founder of Podobas Global Investments, has exited his 6% stake in Kaonavi, Inc. (4435.T), a Tokyo Stock Exchange-listed SaaS company, after Carlyle Group’s Keystone Investment Holdings L.P.’s tender offer valued at over JPY 50 billion (approximately USD 335 million).

TOKYO, JAPAN, 24th Feb 2025 — Kaonavi, Inc. (TSE: 4435), a leading SaaS provider specializing in talent management systems, announced a tender offer by Keystone Investment Holdings L.P., an affiliate of The Carlyle Group. The transaction, valued at approximately JPY 52.28 billion (USD 335 million), marks a strategic move to privatize the company, enabling long-term growth and innovation.

 

Kaonavi, founded in 2008, provides a cloud-based platform designed to centralize and optimize corporate personnel information, supporting businesses in enhancing employee engagement and productivity. The company went public on the Tokyo Stock Exchange Mothers Market in March 2019 before transitioning to the Growth Market in 2022.

The tender offer, launched on February 14, 2025, and was priced at JPY 4,380 per share, representing a premium of 120.65% over the closing price on February 13, 2025 . The offer also included stock acquisition rights, aligning with the goal of making Kaonavi a wholly owned subsidiary of Keystone Investment Holdings L.P..

Within the transaction, Voytek Podobas (Wojciech Jakub Podobas), founder of Podobas Global Investments, exited his 6% ownership stake, valued at over JPY 3 billion (USD 20 million). His investment exemplified strategic backing of Kaonavi’s growth trajectory and reflects a successful exit from a startup-stage investment as the company embarks on its next phase under private ownership.

With the support of The Carlyle Group’s global resources and expertise, Kaonavi aims to accelerate product development, expand its multi-product offerings, and strengthen its market presence in Japan and beyond. The transaction marks a significant success for the entire Kaonavi team, highlighting their achievements and growth in the HR technology sector.

Media Contact

Organization: Podobas Global Investments

Contact Person: Maya Synowiec

Website: https://www.podobas.global/

Email: office@podobas.global

City: Dubai

Country: United Arab Emirates

Release Id: 24022524266

The post Wojciech Podobas Exits Kaonavi Stake Through Podobas Global Investments Following $335M Tender Offer appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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