New Growth Advisors has been providing proven turnaround consulting, interim CFO and management support and fiduciary services for hundreds of clients in more than a dozen states for two decades, and we welcome the chance to work with you too.
Whether your business faltering, or is among the lucky few that is growing quickly but in need of strategic direction, having a team of seasoned professionals who understand how to rapidly and successfully triage any situation, ask the right questions and build a corps of experienced advisors to create and carry out a solid plan, can make all the difference between profitability and bankruptcy.
From helping emerging businesses realize their full potential to developing and implementing a strategy for regrowth during a times of crisis, CEO, Sumner (Sonny) Saeks, understands that each situation is unique and must be treated as such. He has the sound judgement, sensitivity and rare ability to create a sense of calm, especially in crisis situations when management’s emotions can be high.
With an extensive background in banking, corporate management and corporate renewal, Sonny has a highly successful track record as a Turnaround Professional, providing consulting services to companies with annual revenues ranging from $5 million to more than $1 billion. As an Interim Manager, he has run corporations ranging in size from $65 million to $250 million, and has the proven ability to tackle event the toughest of situations. His expertise and broad hands-on experience gives him the edge when it comes to helping businesses of all sizes thrive and grow.
Sonny holds a Masters of Business Administration from the University of Chicago Booth School of Business, and an undergraduate degree in Chemical Engineering from The Ohio State University. He has the distinction of being the only Certified Turnaround Professional (CTP) in Greater Cincinnati, and is just one of two in the region to hold this prestigious designation, a highly valued and objective measure of a turnaround professional’s experience, knowledge, and integrity required to conduct corporate renewal work. Sonny is also known for his engaging and informative presentations and workshops on of topics related to Corporate Renewal and Crisis Management.
As a CTP, Sonny is recognized as possessing a proven track record and years of experience in working with companies that are in financial crisis. To attain the certification candidates must have held positions such as CEO, Chief Restructuring Officer, Turnaround Team Leader, Receiver or Interim Manager. Additionally, each CTP professional must have acquired several years of turnaround experience demonstrating substantial knowledge of the legal, financial, and management aspects of a turnaround.
Sonny is the immediate Past President of the Tristate Association for Corporate Renewal, and holds an Ohio Real Estate license. He is a member of the Turnaround Management Association and the American Management Association. He has taught business courses at the University of Cincinnati and formerly taught MBA courses at the Lake Forest Graduate School of Management in Lake Forest and Schaumberg, Illinois. He is also a member of Cincinnati Public Radio’s WVXU Finance Committee. In his free time, Sonny is also a Personal Talking Print Reader for the Cincinnati Association for the Blind.
Meet Our Team
Pamela SaeksVice President
Stan DurstIT Service
Justin RueInformation Technology Support
Sumner (Sonny) has a vast knowledge of numerous business types. His abilities to identify areas of business improvement are unmatched. He focus to detail, professionalism ,and depth of contacts will help any struggling business to return to profitablity very quickly. I strongly recommend his services.
President and CEO at Banner Metals Group
Sonny developed a detailed, comprehensive turnaround plan which was critical to the outcome of the case.
Managing Director at Linkage Capital Management, LLC
Sonny is both colleague and service provider for our company ... he is outstanding in business critical areas, specifically: cash flow management, financial analysis, short and long term strategic planning, and vendor communications. He has a hands-on business consulting style that motivates every manager across the company to better service our customers. Sonny's attitude exudes a "let's get it done now" style ... however his decisions and process to implement change are always well thought through. I highly recommend Sonny Saeks to manage any facet of company growth or restructure.
President at Plank & Hide Co.
- Advantage Bank
- The Bank of Kentucky
- Fifth Third Bank
- First Financial Bank
- FirstMerit Bank
- Huntington National Bank
- MainSource Bank
- Park National Bank
- PNC Bank
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