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Big Shoes Marcum LLP | Accountants and Advisors | New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California and Florida Certified Public Accountants
Big Shoes

Big Shoes

Today is not your average Friday at Marcum. At 4:00 pm this afternoon, Marcum will be ringing the closing bell at the Nasdaq MarketSite. It's an honor in recognition of the 2016 Marcum MicroCap Conference, which will take place next week on Wednesday and Thursday at the Grand Hyatt Hotel in New York City. Nasdaq is one of our conference sponsors this year, which is a great fit, since the event is dedicated to providing a forum for companies with less than $500 million in market capitalization to network with the investment community. The ceremonial bell ringing at the Nasdaq exchange will be streamed live; if you're interested, you can watch it on YouTube.

When I stop to consider how far the Marcum MicroCap Conference has come in the five years since my partner, David Bukzin, who heads up our SEC Services practice, first scribbled his idea on a napkin, it reminds me of the power of a good idea and the resolve to make it happen. Two thousand people and counting are registered to attend next week, including company executives, investors, investment bankers, analysts and others from every corner of the microcap marketplace.

I won't recount the whole history of the event here, as quite a few of you have heard it before. For anyone who hasn't, you might find it interesting to visit the event website to get a sense of the magnitude of what David and Marcum's SEC Services Practice group have managed to pull off. It's really pretty impressive.

This year for the first time we are going to two full days. Alongside the 150 or so companies presenting their investment stories, there will be panels led by industry experts on a whole host of topics, ranging from The Current Environment for Raising Capital in the Public Markets to Opportunities and Challenges of Investing in Cannabis Companies, to name just two. Investors will have the opportunity to sit down one-on-one with management teams from presenting companies, and of course there will be lots of networking going on, not to mention socializing at the kick-off cocktail party on May 31, followed by the gala reception on June 1.

One of the highlights of the conference every year is our keynote speaker. We've been pretty fortunate in attracting some top name people in past years, and this year is no exception. On Day One, we will have Harvey Pitt, the former chairman of the Securities & Exchange Commission ("Navigating the Challenges of the Microcap Public Markets"). On Day 2, Newt Gingrich, former Speaker of the U.S. House of Representatives (who is rumored to be on Donald's very short list for the Veep spot), will be our headliner ("The Global Perspective: Intelligence and Insight on World Events"). They follow in footsteps left by some pretty big shoes. Last year, Dick Fuld, the former CEO of Lehman Brothers, chose the Marcum MicroCap Conference as the place to make his first public remarks since the investment bank's demise. In 2014, Rudy Giuliani, NYC's former mayor, graced us with his perspective on the world according to Rudy Giuliani. As neither of this year's speakers is known to be shy or retiring, I'm quite certain we will be treated to another memorable experience.

Given everything that's going on in the markets and the world right now, the 2016 Marcum MicroCap Conference has the makings of another sure-fire success. I congratulate David and everyone at our Firm who has been part of producing this major undertaking, and for setting the bar so high. I'm proud to be on your team.

On another note, today is the unofficial start of summer and the beginning of the Memorial Day weekend. Let us all pay tribute to those men and women who have made the ultimate sacrifice in service to our nation. We are truly blessed to live in the best country in the world, and I cannot thank enough those whose calling has been to preserve and protect this great land.

Have a wonderful weekend, everybody.


The Best Laid Plans Marcum LLP | Accountants and Advisors | New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California and Florida Certified Public Accountants
The Best Laid Plans

The Best Laid Plans

This Sunday afternoon at 3pm, all of Marcum's 200 or so partners will gather in South Florida for our annual strategic planning retreat. We will spend just about 3 full days, until noon on Wednesday, in meetings and team-building sessions with the goal of rolling out our vision and strategy for Marcum's future to our leadership team. And this is not the first time we're doing it.

I became Marcum's managing partner in 1990, when we were known as Marcum & Kliegman and were less than 30 people. Beginning that year and every year since, our leadership group has taken the time to break away from the office and away from the daily grind of "getting it done" to plan for our company's future. As my friend Jay Nisberg likes to say, "There's nothing like seeing a good plan come together."

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Rite of Passage Marcum LLP | Accountants and Advisors | New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California and Florida Certified Public Accountants
Rite of Passage

Rite of Passage

Yesterday I was on the 7am Amtrak Acela from New York City to Washington DC. I know what many of you are thinking, but the answer is no, I wasn't there to mediate the meeting between House Speaker Paul Ryan and presumptive Republican presidential nominee Donald Trump (although I would have loved to be a fly on the wall for that get together). The reason for my trip was that Leo Weiner, my second child, graduated from the George Washington University School of Business. For those of you who've been in the same or similar position, you know there's nothing like seeing your child graduate from college. It brings back 21 years of memories from when they were infants, toddlers, little boys or girls, the teenage years, driving, and if we're lucky enough, their leaving home to attend college, with the hope (or expectation) that this is the beginning of life as an independent adult.

Fortunately, Leo is one of the lucky ones who graduated with a job waiting for him. He'll begin work on June 1 as a commercial banker with TD Bank, where he interned for two summers while attending GW. And even with a job, until the point he actually was offered and accepted the job a few months ago, going through the process of getting that first job with your soon-to-be-graduating child is not without stress. I know there are many of you who've been there and done that.

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Mother's Day Moment Marcum LLP | Accountants and Advisors | New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Pennsylvania, California and Florida Certified Public Accountants
Mother's Day Moment

Mother's Day Moment

This week had me traveling to South Florida for Wednesday and Thursday. My 9:30am flight on Wednesday out of JFK in NY left the gate 1-1/2 hours late and arrived at the gate in West Pam Beach 2-1/2 hours behind schedule. How does the delay grow by one hour, you may be asking? Simple: when we landed, in the middle of a torrential downpour, with thunder and lightning in the distance, the ground crew was not able (either by FAA or Union regulations) to help our aircraft the final few yards to our ultimate destination so we could deplane. So there we sat until the storm passed. So much for me getting to attend our Florida region meeting that I traveled down for. From what I've been told it was a tremendous success. Sorry I missed it.

Yesterday I flew back to NY from West Palm. What I didn't realize when I booked this trip was my return to NY would be at the beginning of the Mother's Day weekend. I was on a totally sold out JetBlue flight with the longest wheelchair parade I've ever seen boarding a commercial airliner. What was more amazing was the recovery many of the wheelchair bound passengers experienced during the flight. If there were 20 wheelchairs boarding the plane, enough miracles occurred in flight to only need seven wheelchairs when we arrived at LaGuardia. It must be the blue JetBlue chips that did it.

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The opinions expressed in this column are solely those of Jeffrey M. Weiner and do not represent those of Marcum LLP, its partners or its employees.

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