Independent Financial Guidance for Government Initiatives


August 10th, 2011

Acacia Financial Group Announces Third Key Leadership Hire This Month; Industry veteran Carol Howarth joins Acacia’s Alaska office

MARLTON, NJ—May 23, 2011— Acacia Financial Group, Inc., one of the nation’s largest and fastest growing public financial advisory firms, has added another senior-level professional in the wake of the recent acquisition of a peer firm.  Carol Howarth joins Phoebe Selden and Debbie Schnebel as the third key employee of the acquired firm to spurn the new ownership in the past week, electing instead to join Acacia.

It was announced that Chicago-based Scott Balice had been acquired on May 16th.  The following day, Selden and Schnebel were introduced as the newest members of the Acacia team.  That honor now goes to Howarth, who has spent the past two decades amassing an impressive career in corporate, consulting, and academic roles.  Her financial industry experience includes higher education, energy, consumer products, industrial electronics, financial services, life sciences, paper and packaging, wholesale distribution, Internet, and online information.

With this newest addition to its management team, Acacia has added yet another seasoned resource to a group that is youthful yet skilled and accomplished.  All three recent hires previously held leadership positions with Scott Balice, a major player in the public finance space in the Midwest and throughout the country.

Acacia, an independent, women-owned financial advisory firm with state, city, and local government clients across the U.S., says the trio immediately strengthens its national presence, subject matter expertise, and reputation.

“When we learned about the changes taking place at Balice, we identified three individuals that we wanted,” said Kim Whelan, Acacia co-president.  “Adding Carol makes us three for three.  It was a tremendous opportunity, and we couldn’t be more thrilled about how everything played out in the last week.  It bodes extremely well for the future of our firm, as well as our current and future clients.”

Howarth will join Schnebel in Acacia’s new western office in Anchorage, Alaska.  Selden is operating out of the company’s Chicago office.  Acacia is headquartered in Marlton, New Jersey, just outside Philadelphia.  The firm also has locations in Montclair, New Jersey, serving the New York metro area, as well as in Columbus, Ohio.

Acacia ranks second in New Jersey and eleventh in the U.S. among financial advisers, based on public finance transactions over the past year.

About Acacia Financial Group, Inc.

Acacia is an independent Financial Advisor exclusively dedicated to the needs of government entities.  Headquartered in Marlton, NJ, the firm helps vital public initiatives succeed by effectively raising money to fund significant community projects—construction of schools and hospitals, roadway and utility improvements, waste solutions, and innovative green initiatives.  The company was formed by professionals who share deep industry knowledge and experience, as well as a bold vision for infusing a human touch into the arena of public finance.  This approach ensures senior-level analysis and advice, providing clients with exceptional strategic and quantitative insight, along with compassion and respect for policy concerns unique to the public sector.  On the strength of its unique brand of savvy, thoughtful financial guidance, Acacia continues to grow and earn recognition on local, regional, and national levels.


To speak to an Acacia Professional, please call
our main office at 856-234-2266.