The Financial Executives Networking Group
The Power of Networking. The Power of Friendships.

The FENG Family Businesses S.I.G.

Next Meeting

No upcoming meetings.

About the Family Businesses S.I.G.

The Family Business SIG has 3,652 members and is comprised of senior level executives, CFOs, controllers, family office managers, CPAs, various other professionals and outside advisors.

We endeavor to have monthly conference calls or networking meetings with guest speakers in the NY metro area. The meetings cover themes of interest to privately held companies, family businesses, entrepreneurs, private equity firms, venture capitalists and other private businesses types. Themes cover the role of:

- Risk management and insurance solutions
- Compliance & corporate governance
- Treasury/asset-liability management
- Taxation and legislative issues
- Qualified retirement plans; pensions, 401-K, IRA
- Human resource management
- Investment management
- Role of boards in privately held companies
- Buy/sell agreements and key man insurance
- New trends/issues impacting privately held companies

Typically meetings are held every 30-45 days based on venue and speaker availability. The purpose is to inform, engage audience, and create a meaningful Q&A and good interaction between speakers and audience with a pre-post card exchange/greeting with speakers and members of audience thus increasing interaction and networking for all involved. We encourage FENG members to get involved and contribute with ideas, speakers, venue selection or other suggestions as needed. The speakers are "experts" in their respective areas of interest and we try to attract an audience with knowledge, expertise and strong interest in theme discussed but meetings are open to all FENG members on a first come, first serve basis.

In addition, the Family Business SIG may have a business card/meet and greet event on a sporadic basis thus allowing FENG members to meet each other, network and exchange views with other professionals in an unstructured, relaxed setting. In addition to helping FENG members network with each other and guest speakers of interest, we aim to educate and inform all banking SIG members on new trends that shape privately held businesses on a day to day basis.

S.I.G. Leadership

Keith Langworthy
(973) 912-7787
Morgan Stanley Smith Barney
Financial Advisor; 150 JFK Parkway, Short Hills, NJ 07078
Tim Anglim
(732) 319-6502
Tim is founder and president of YesCFO (, a provider of chief financial officers and operating executives that serve in interim roles with organizations, especially those in crisis or experiencing rapid change. YesCFO provides exceptionally qualified people who add immediate value in solving the client’s problems. By providing on-demand talent, YesCFO provides the most cost-effective solution to companies that are experiencing rapid change or an unstable environment – whether that is a financial crisis, industry paradigm shift, or growth opportunity.

Just prior to forming YesCFO, Tim was chief financial officer of Marotta Controls, Inc., a global supplier to the defense, space and commercial aerospace sectors. In this crisis management situation, he turned around the Company’s critical liquidity situation and stabilized vendor relationships to enable continued production, then addressed pricing issues and led successful negotiations on a new credit facility. These, and other operating improvements, led to a successful turnaround for the business.

Prior to this, Tim was chief financial officer of Vira Manufacturing, Inc., a leading provider of store fixtures and wall systems for retailers. There he stemmed a severe cash flow situation and positioned the organization for recovery from a severe industry downturn. Tim was also chief financial officer of the MAC Group, consisting of Amrod Corporation, a $300 million continuous cast copper rod manufacturer and MAC Products, Inc., a $20 million manufacturer of electrical power transmission products. Tim previously was chief financial officer at Hoke, Inc., a family-owned manufacturer of valves and fittings, and Victory Group, a packaging manufacturer, where he uncovered a $2.5 million fraud scheme, the partial recovery of which allowed the company to successfully exit chapter 11. He was vice president, finance, at American Metal Moulding, where he co-managed a pre-packaged bankruptcy filing and was appointed by the court to wind down the affairs of the remaining bankruptcy estate. Earlier in his career he was controller, accounting manager, cost accounting manager, and cost analyst for several divisions of North American Philips.

Tim is co-author of “A/R: It’s an Asset – Most of the time”, published by the New Jersey Society of CPAs. His work has been featured in “Accounting Firms Mine Growing Niche in Forensics” in Accounting Today; in US News and World Report’s “Careers to Count On: Forensic Accounting: Sherlock Holmes meet Enron”; and in “The Case of the Shrinking Margins” published in Financial Fraud.

Tim earned his M.B.A. in finance from Hofstra University School of Business and a B.S. in accounting from New York Institute of Technology. He is a Certified Public Accountant (CPA) and a Certified Management Accountant (CMA) and a member of the American Institute of Certified Public Accountants, the New Jersey Society of Certified Public Accountants, the Institute of Management Accountants and the Association for Corporate Growth(ACG). He is a member of Financial Executives International (FEI), for which he is a past president of the New Jersey Chapter and is currently active at the national level.


Warning: Illegal string offset 'level' in /home/fengdev/public_html/includes/advertisers.php on line 117

Warning: Illegal string offset 'level' in /home/fengdev/public_html/includes/advertisers.php on line 117

Warning: Illegal string offset 'level' in /home/fengdev/public_html/includes/advertisers.php on line 117

Warning: Illegal string offset 'level' in /home/fengdev/public_html/includes/advertisers.php on line 117