Bill is the founder and CEO of McDermott Financial Solutions. After three decades working for both national and community banks, Bill uses his expert knowledge to assist closely held companies with growing their business, finding financing, and resolving problem loan negotiations.
Bill is passionate about educating business owners about pertinent topics in the banking and finance arena. He currently serves on the KSU Entrepreneurship Center Executive Advisory Council and is the Treasurer for CEO Netweavers and a member of the Atlanta Executive Forum. His past experiences include speaking at the SE Accounting Show, GSCPA chapters, Vistage groups and Chamber of Commerce groups. He previously served on the board of Gwinnett Habitat for Humanity.
Bill is a graduate of Wake Forest University in Winston-Salem, NC. He and his wife, Martha, have called Atlanta home for nearly 40 years. They have two daughters, Meredith and Elizabeth. Outside of work, he enjoys teaching Sunday school, traveling and gardening.
Phillip joined McDermott Financial Solutions in November 2015 as a Principal Consultant after a 30-year career in commercial banking with both national and community banks. Phillip leverages his knowledge and experience to provide expert coaching to help his clients navigate the ever-changing financial market, improve cash flow, establish working capital and grow their business. Additionally, Phillip has been active in Exit Planning to assist the growing number of baby boomers as they prepare for the final phase of their involvement in their businesses.
Phillip is a graduate of Concord University in Athens, WV. He and his wife, Paula, have lived in Duluth for the past 26 years and are part-time residents of St. Augustine, FL. Their son, Matt, is a CPA at a large firm in Atlanta. Phillip is active in his church, and has served as the past president of the Rotary Club of Duluth and Gwinnett Habitat for Humanity. He is a graduate of Leadership Gwinnett and Leadership North Fulton. In his spare time, he is an avid sailor and enjoys hiking and biking.
If you spend more time working in the business instead of working on the business, it’s time to make a change. Let the profitability coaches at McDermott Financial Solutions show you which levers to pull to drive profitability forward. With nearly a century of combined business management and commercial banking expertise, we’ll help you find and fix what’s holding you back and get you on your way to growth and profitability.
We would love to talk with you about your company – how it is functioning currently and where you would like to take it. We are confident that we can help you create or refine your financial plans, and coach you through the steps needed to realize your goals.
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