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ASBA’s Multi-Generational Member Companies: Keeping It All in the Family continued

ASBA’s Management is Family-Owned Too Here’s something you might not know: ASBA is managed by a family-owned business: Stringfellow Management Group, Inc. Fred Stringfellow founded the company with a partner in 2000 and created Stringfellow Management Group, Inc. in its current form in 2012. His son, Andrew, joined SMG in 2021 after working in finance for a few years after college.

“ASBA is partly responsible for Andrew joining SMG,” says Fred. “Andrew was attending an ASBA Winter Meeting in the Dominican Republic a few years ago as my guest, a few years after graduating from college. Several ASBA members asked Andrew during that trip if he had plans to work for SMG someday.”

Fred overheard some of these conversations during the meeting and had a heart-to-heart talk with Andrew later about whether he had an interest in joining the company. Andrew was ready and joined the company the following year when an opportunity presented itself with a new client.

And just as with ASBA’s member companies, Fred says there are inherent advantages, often personal, to working with family. “There’s something very gratifying about feeling like you’re building something that will be carried forward by another generation.”★