Buddy Newton came from a military family that moved here when he was a teenager. He graduated from UCCS in 2008 and went to work soon thereafter for Stockman Kast Ryan + Co., where he now is a CPA and supervising senior tax consultant. He also volunteers for the El Paso County Sheriff’s Office.
What brought you to Colorado Springs?
My father was in the Army, and we moved every three to four years. I was born in Stuttgart, Germany, while my father was stationed there in 1985. I have lived in Germany, Kansas, Wisconsin and Colorado. My family moved to Colorado Springs in 2000 and I have been here ever since. I enjoy the culture of Colorado Springs and plan on retiring here. I serve as a reserve deputy with the El Paso County Sheriff’s Office as my way of giving back to the community I love.
As a supervising senior tax consultant, what do you do?
I prepare and review the more complex tax returns, and I supervise other staff accountants to ensure their success and growth in the firm. By supervising younger staff members, I also act as a coach to help them decide where they want to grow in the areas of tax expertise and help them become involved community members. I participate in Rising Professionals, along with other young professionals from our firm.
Who are your clients?
My specialties include automotive dealers, construction, not-for-profits and various types of trusts.
What advice would you give your clients about their businesses with regard to accounting?
A CPA can benefit them and their business in more ways than simply preparing their tax return. We like to consider that we are a part of their team — asking them the questions that need be asked and listening carefully to the answers so that we can help them prepare for their future. That may be thinking through the benefits of setting up a trust, looking at retirement, structuring their business differently, or informing them of advantages in doing things a little bit differently. We can also help them find additional advisers they can trust when needs arise.
What challenges and opportunities do young professionals face in Colorado Springs?
Young professionals in the Colorado Springs area are facing an era where businesses want professionals who have both experience and education. The education is a necessity, but getting the experience takes time and that becomes the barrier for growth. Today’s young professionals want results and they want them now. The key to real success, I think, is taking the opportunity of gaining experience and using the extra time to build one’s skill set before trying to win the race. A good expression would be from the famous story, “The Tortoise and the Hare”: Slow and steady wins the race.
What attracted you to work in accounting?
I’ve always enjoyed working with numbers. I also enjoy the fact that although our industry has specific guidelines and regulations, each client and scenario is unique, and finding the correct answer is not always obvious or simple. As our industry continues to grow and change, it allows me to do the same. Helping clients and future clients understand the changing tax system and helping them grow in ways that sustain their future brings me great satisfaction.
Tell us about your family.
I’m happily married to my wife, Brandy, and we have a 19-month old baby girl named Brooklyn. We also have three Boston terriers, which is almost like having another three kids! My wife works for the Transportation Security Administration as a security officer and has been there for six years now. Both sets of our parents live here and are within 15 minutes of us, which is great because they can babysit and be involved in the life of our daughter.