It is with heavy hearts that we announce the passing of one of Manning Elliott's founding fathers, Rick Watts. Rick passed away on February, 16, 2019.
Rick retired in 1999, just prior to the merger of Manning Jamison with Elliott, Tulk, Pryce & Anderson to form what we know today as Manning Elliott LLP.
Rick was the "accountants' accountant". He oversaw the firm's finances and many of the systems and procedures that he implemented, some of which are still in place today at the firm. He was an early adopter of technology. For many years Rick oversaw the operations of Manning Jamison's data processing division, MJ Data Services. Rick was one of the first people in the firm to use what we referred to as a "luggable" computer. A "luggable" was literally a computer packaged as a (heavy) suitcase, a forerunner of today's laptop. Rick was also one of the first to realize that most accounting or tax analyses were nothing more than a spreadsheet.
Rick loved life; he always had a smile on his face. He was passionate about golf - he used to play at least once a week, every week of the year. Many years Rick would leave for Las Vegas on May 1 to enjoy an after-tax golf getaway with his buddies. He was also known to enjoy a glass of wine and a good steak.
Rick was well liked and respected by both his colleagues and his clients. He had many long-term clients, some of whom are still with the firm today. He provided them with many years of sound business advice, but in addition to that, he was genuinely their friend.
Our thoughts and condolences go to Rick's children Suzanne and Nicholas, their extended family, and his many friends.