(196 Total References)
The Miller Group, Professionals
RUDY R. MILLER
Chairman, President & Chief Executive Officer
Mr. Miller is Chairman, President and Chief Executive Officer of Miller Capital Corporation, an affiliated company of The Miller Group ("MILLER"), which was established in 1972.
Expanding on the broad field of services provided by the affiliated companies, Mr. Miller was Founder and Chairman of the Board of Miller Capital Markets, a FINRA member investment banking firm, from 2006 through 2012.
has 35+ years of executive-level experience owning, operating and advising corporations, from large NYSE
listed public companies to emerging-growth private companies.
extensive operating and advisory experience provides clients with a comprehensive understanding into the challenges of successfully navigating a business through varying economic climates.
expertise includes securing clients over $4.6 billion in public and private capital, and debt financing; structuring, negotiating and closing numerous mergers and acquisitions; and providing other related strategic/financial value-added services.
has an accomplished track record of assisting management teams and ownership groups in increasing the value of their organization and the realization of their efforts through significant liquidity events.
In addition, his firm, MILLER, was Title Sponsor and Mr. Miller served as a member of the selection committee for Invest Southwest Venture Capital Conference from 2006 through 2011, a premier capital conference in Arizona and the Southwest that connects the region's most promising ventures with knowledgeable investors.
An entrepreneur, Mr. Miller founded Miller Technology & Communications Corporation (MTCC), which he successfully grew into a leading regional provider of technology training services.
The company was selected by INC.
Magazine as one of the fastest 100 growing small public companies in America.
As CEO, Mr. Miller led MTCC through a series of private and public financings and exited the business through the sale of its assets to ITT Educational Services, a NYSE listed national leader of technology training services.
Mr. Miller was instrumental in assisting America West Airlines development from a business plan to an operating airline, participating as an early stage investor/advisor regarding the company's initial public offering and serving as a Board Member from 1982 through 1986.
In 1986, Mr. Miller departed to found StatesWest Airlines, where he served as Chairman, President and Chief Executive Officer.
tenure, Mr. Miller
successfully secured over $135 million in public and private capital for StatesWest Airlines
that operated as a USAir Express regional airline and exited the business in 1993, thereafter focusing all of his
time on MILLER entities.
Mr. Miller has served as a board member for a dozen public and private companies including Jacor Communications, Inc. (NASDAQ), Comprehensive Care Corporation (NYSE) America West Airlines, Inc. (NYSE), and Global Entertainment Corporation (AMEX).
He also served as Vice Chairman-Finance of The Ritz-Carlton Magazine® published by SCG, Inc.
familiarity with the dynamics of negotiating with, presenting to and governance issues affecting the Board of Directors and key shareholder groups provides clients with valuable insight and experience.
Serving his home state of Arizona, Mr. Miller was appointed by state government officials, including the Governor and the Attorney General of Arizona, serving as Chairman of the Arizona State Board of Private Post-Secondary Education and as a board member for the peace officers memorial.
has been a featured speaker on numerous occasions at various colleges and universities.
Serving as Chairman or President for community service organizations, Mr. Miller's philanthropic endeavors include support for the non-profit arts community and athletic foundations.
In 2008, Mr. Miller
instituted the annual Rudy R. Miller Business - Finance Scholarship in support of Arizona
State University, in particular the W. P. Carey School of Business
, and to encourage and recognize academic excellence in outstanding students.
His active involvement at the University also included having served as a member of ASU's Dean's Council of 100, a national group of prominent business executives invited by the Dean to play a leadership role in shaping the future of the W.P. Carey School of Business.
He previously served over 20 years as a certified arbitrator for the NASD (now known as FINRA), having been appointed to the program by the Board of Governors.
was selected by President Ronald R. Reagan to serve as a member of a Presidential Task Force.
He is a former member of the Institute of Management Consultants, Inc.
received an honorable discharge from the United States Army
as a Noncommissioned Officer.
Mr. Miller earned his Bachelors and Masters of Business Administration degrees from Pacific Western University.
The Miller Group, Client Testimonials
In my role as Chairman of ServRx and related entities, I have had the opportunity to work directly with The Miller Group's CEO, Rudy Miller, since 2014.
The Board retained his firm as strategic business advisor in part because Rudy has a proven track record in working with high-growth middle market entrepreneurial companies.
He truly appreciates the opportunities and challenges facing expanding businesses.
His business experience as an entrepreneur, public company CEO, and board member of a number of public companies has been a huge benefit in helping our company and its aggressive operating management team work through numerous business complexities.
He played a critical role assisting us with our bank credit facility as well as locating a full time CFO for the company.
He is a direct-results oriented advisor that comprehends the difficult decisions that need to be made by the board.
His legal, accounting-finance and operational experience is a tremendous asset to our company and our management team as we continue to grow ServRx.
Rudy and his team have earned our board's respect and we have re-engaged his firm for the next two years to continue to assist the company in meeting its growth plan.
Rudy Miller, CEO of The Miller Group ("MILLER") guided us through our initial public offering, introduced us to Wall Street and the subsequent divestiture of a major operating division, obtaining a value well beyond anything we initially envisioned.
MILLER's advice and assistance were invaluable to us in completing these transactions.
team are professional with great loyalty serving their clients.
We have retained MILLER
since 1996 and they have been an important investor/shareholder for the past 20 years.
From 1996 through the 2006 acquisition of Capital Title by NYSE listed LandAmerica Financial Group, Inc., Rudy Miller was our trusted advisor and a major shareholder through the MILLER firm.
effective capital formation strategy and M&A support services helped our company grow from a range of $2.5 million to $380.2 million in annual revenue.
Their ability to efficiently secure capital and support our acquisition program on our behalf allowed us to focus on operations that significantly increased the value of our company.
We relied on their expertise as we completed the LandAmerica transaction where they secured a premium that benefited all shareholders.
has been retained by my investment firm, Head Management, LLC
since 2007 regarding consulting and financial assignments.
We have also been a co-investor with MILLER
in numerous venture capital and private equity investments.
I've worked with numerous consultants and advisors on multiple transactions, including some with the biggest names in the media industry, and my experience with MILLER
was a great learning experience for myself and our team, and was unmatched on a number of very important fronts: innovative fee structure, service excellence and intuition.
We always felt our deal was MILLER's biggest priority, even though they were working on transactions much bigger and more complex than ours.
The guidance we received on when to fold 'em and when to hold 'em was spot on - every prediction MILLER
made about the seller's next move was correct, and that saved us 15-20 percent on the purchase price.
I have been on both sides of a transaction with Rudy Miller; I have observed him as a public company CEO, board member and as a consultant.
Let me tell you one thing...you want the MILLER team on your side of the deal.
MILLER has served as a business and financial consultant to a number of public companies where I have served as President and CEO.
Rudy's Wall Street experience coupled with his
business expertise is a big plus for MILLER's clients.
What separates MILLER
is the dedication to understanding our business and advocating for the needs of our stakeholders.
personal attention to me and my senior management team, and his
active participation in our board meetings over the years has been great for Telgian
because of his
direct assistance with our banking relationships has been terrific as well.
prioritizes the long-term needs of a business: whether it's right to complete a deal now or in the future.
Because of the advocacy model of MILLER
and I have become good friends over the years.
A needed and trusted friend who understands my business, who will call me out when I believe my own press clippings and support me when times get tough.
is fortunate to have Rudy
deeply involved in our business as a trusted advisor.
The Miller Group, Invest Southwest Title Sponsor
Rudy R. Miller, Chairman, President & Chief Executive Officer of the Miller Group served on the conference's Executive Committee and Selection Panel, in addition to performing various speaking engagements during the events.
The Miller Group, The Valley's Best Investment Firm
Our senior staff will have an opportunity to work directly with Rudy R. Miller, founder of TMG, to jointly execute a plan to add private sector clients to our current impressive list of government agencies.
Plus, TMG will assist us in developing joint venture opportunities with potential private company partners."
Rudy R. Miller, Chairman, President and Chief Executive Officer of TMG, said, "Our firm is pleased to have been selected by VPSI for this assignment and we are excited to bring our firm's knowledge and experience to the company.
Rudy Miller, CEO of The Miller Group, Has Made a Positive Impact on Our Company with His Strategic Advice
"In my role as Chairman of ServRx and related entities, I have had the opportunity to work directly with The Miller Group's CEO, Rudy Miller, since 2014.
The Board retained his
firm as strategic business advisor in part because Rudy
has a proven track record in working with high-growth middle market entrepreneurial companies.
truly appreciates the opportunities and challenges facing expanding businesses.
business experience as an entrepreneur, public company CEO, and board member of a number of public companies has been a huge benefit in helping our company and its aggressive operating management team work through numerous business complexities.
played a critical role assisting us with our bank credit facility as well as locating a full time CFO for the company.
is a direct-results oriented advisor that comprehends the difficult decisions that need to be made by the board.
legal, accounting-finance and operational experience is a tremendous asset to our company and our management team as we continue to grow ServRx
team have earned our board's respect and we have re-engaged his
firm for the next two years to continue to assist the company in meeting its growth plan."
Rudy Miller of The Miller Group Discusses Oil Prices, the U.S. and China Stock Markets with Sequence Media Financial Network
The financial markets entered 2016 in a tumultuous state.
January 15th was an especially painful day that saw plummeting stocks and the fall of oil prices to below $30 per barrel.
Additional concern has been raised by the Chinese stock market's struggle.
The Miller Group's CEO, Rudy Miller, a frequent guest on Sequence Media Financial Network and Legal Broadcast Network, discusses the current situation and shares his thoughts about what he expects this year.
suggests that there are companies with strong balance sheets, good equity-to-debt ratio, strong cash positions and solid projected cash flow for 2016.
Furthermore, there are sound moves to be made in specific equities.
For example, while biotech companies have taken a beating, airline companies are doing extremely well.
affirms, "They've got the biggest cash flow they've had in history."
also explains that with an upcoming three-day weekend, a number of investors want liquidity rather than positions.
Miller mentions several financial institutions, in particular JP Morgan, as exemplifying what one would want to see in a bank's performance.
is also benefiting from the recent rate increase.
As well, banks are cutting costs and increasing the use of technology, resulting in better bottom lines.
The overall industry, Miller
suggests, is in good shape compared to where it was during the 2008 market crash.
However, banks that have a high percentage of energy loans in their portfolios will experience some challenges.
In considering the international picture, Miller
predicts that China will continue to have a slower growth rate, perhaps in the 4-6% range.
Political events, both at home
and abroad, will cause stock market reactions.
As to the energy field, Miller
suggests that conditions will trend up over the next year or two.
Smaller oil companies with balance sheet issues will either end up as part of bigger companies or go bankrupt.
In summary, Miller
does not anticipate a recession in the U.S.
expects job growth to continue to be steady.
The overall U.S. economy will be solid and stronger than any other economy in the world.
does not expect the Fed to increases rates until May, and notes that Wall Street
has projected four rate increases going into 2016.
offers the possibility that there will be three rate increases at a very measured rate until the economy approaches a 2% rate of inflation.
Rudy R. Miller, CEO of The Miller Group and Miller Capital Corporation in Scottsdale, AZ, weighed in shortly after the report with his thoughts on the numbers showing that non-farm payrolls rose to a seasonally adjusted 271,000 in October according to the US Labor Department.
Miller, who is a regular commentator on the SMG Financial Network, discussed the issue of the long awaited rate hike, which he believes the Fed should have acted upon in September.
also critiqued China's market crash during the late summer and the current improvement of the Chinese stock exchange.
discusses in this video the outlook over the short-term based on macro trends as well as an overall glimpse at the US economy as it heads to year end and into a vital election year cycle.
Mr. Miller, Chairman, President and CEO of the affiliated group of Miller entities, originated the scholarship in 2008 to express his and his firm's support of Arizona State University, in particular the W. P. Carey School of Business, and to encourage and recognize academic excellence by outstanding students.
Rudy R. Miller
commented, "Our firm had a difficult time selecting our scholarship recipient this year due to the exceptional quality of applicants.
We decided to select two outstanding students as co-recipients for our 2015 award.
These two applicants stood out to me not only for their academic achievements, but also for their efforts outside of the university.
We are honored to assist both recipients financially and with future individual mentoring and guidance by me."
Thomas Bates, Department of Finance Chair and Associate Professor of the ASU W.P. Carey School of Business, said, "In selecting David and Stephen as this year's recipients of the Rudy R. Miller Business - Finance Scholarship, Rudy and his team have recognized two of the most deserving students currently enrolled in W. P. Carey School of Business.
I want to thank Rudy Miller
for his continued recognition and financial support of academically accomplished student leaders like David and Stephen."
The Miller Group's CEO, Rudy R. Miller, returns to LBN for an update on economic developments and an explanation of what he sees for the months ahead in this report.
says that several things occurred on the 28th to cause the drop in prices, including things that had started last week.
says that, while he
essentially agrees with Icahn's facts, he
does not believe that we are in "that bubble environment.
As for real estate sales, Miller
still thinks the country is in a good position, although there was some discouraging news from the National Association of Realtors index
Pending home sales decreased by 1.4% in August.
The Dallas Fed numbers remained negative for the ninth consecutive month.
Much of that weakness is in the oil sector.
says that his
firm's clients are reporting encouraging job figures.
One client reports an increase in job slots that can't be filled.
firm is seeing that employment opportunities are improving and wages are increasing, a good sign.
As to China and its economic woes, Miller
does not expect China to see better days until 2017.
also says that, in his
opinion, China does not affect our stock market as much as people may think.
China is not a big buyer of our products and services (.06% of sales are to China).
Added to all of these things was the political drama in the House of Representatives
, with John Boehner resigning as Speaker of the House.
opines that Boehner will work with his
fellow Republicans and with Democrats to assure that the government is not shut down this year.
There was also a U.N. meeting on the 28th that included Putin's announcement of a more formalized Russian arrangement with Iran and Iraq.
There is also the relationship between Syria and Russia.
Added to all of the above, says Miller
, were problems in the bond market where major pricing deals couldn't be concluded.
Put all of it together and you have the stock market on the 28th.
believes that the Federal Reserve
has some responsibility for what happened.
In Miller's August report on LBN, he
noted that the S&P Index was down 10% over the last sixty days.
says the Fed "made a huge mistake" by not increasing interest rates in September, as had been expected by many observers.
now believes that th