J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
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Michael Jacoby, CTP, joined J.S. Held in October of 2023 as part of J.S. Held's acquisition of Phoenix Management Services. In leading J.S. Held’s Strategic Advisory Group, Michael brings extensive experience in operations, turnaround management, restructuring, and M&A. Throughout his career, he has served in advisory capacities as well as an independent director, Chief Restructuring Officer (CRO), and interim manager for more than 400 Phoenix Management Services clients in various industries.
He has also been instrumental in assisting numerous clients with their financing and divestiture needs. Specific areas of expertise for Michael include crisis management, business strategy, cash flow management, control, and forecasting; workflow and project management; business wind-downs; customer service improvement; inventory management; business and collateral valuations; and sales/marketing reinvigoration.
Prior to joining Phoenix Management Services, Michael worked for PNC Bank in Philadelphia, managing a $500 million commercial loan portfolio. He was recruited by senior management to spearhead a newly created unit responsible for restructuring complex transactions with substandard risk classifications.
In May 2025, Michael was recognized as an "Icon" by ABF Journal among their Legends & Leaders, honoring him as an industry leader and long-standing figure with enduring influence in asset-based lending and factoring.
Michael earned a B.S. in Economics from The Wharton School of Finance, a B.A. from the University of Pennsylvania, and an M.B.A. in Finance from Temple University.
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