Elaine Bedel appointed as President of the IEDC

Elaine Bedel appointed as President of the IEDC

Elaine Bedel appointed as President of the IEDC

Posted by:    |    Monday, January 9, 2017 09:37 am

We are pleased to announce that Elaine Bedel, owner of Bedel Financial Consulting, Inc., has been named president of the Indiana Economic Development Corporation (IEDC) by Governor Eric Holcomb.(Read the Press Release)

"Elaine's bold leadership and extensive experience as the owner of her own financial consulting company will be great assets to promote Indiana's positive business climate and jobs magnet reputation," said Governor Holcomb.

Elaine will replace Jim Schellinger, who will serve as Indiana’s Secretary of Commerce. "I look forward to working with Elaine to ensure that Indiana remains a state that works, supporting the growth of Hoosier businesses and attracting new companies to Indiana," said Schellinger. "Elaine's firsthand experience as a business owner and her considerable leadership in the private sector will make her a tremendous asset to the IEDC and to businesses across Indiana, strengthening the state's economic momentum and propelling Indiana to the next level."

Elaine released a statement to BFC’s clients to announce her new position with the IEDC and to clarify her continuing role with Bedel Financial.  

Great Loss Avoided

Great Loss Avoided

Many individuals have sizeable positions in their employers’ stock. While our crystal ball is not always clear about how a certain stock may perform, we go into great detail with our clients about the potential impacts that owning a large position can have with their long-term financial security. For example, by discussing our concern with a client, they may decide not only to reduce their holding but eliminate the holding completely, especially if they no longer have a current correlation with the company. By removing the large dependency upon a single company, the client would not longer need to be concerned with the chance that the company could announce devastating news, plummeting the stock price and jeopardizing their situation. Obviously, timing is imperative but it does go to prove that a big difference can be made by having a simple conversation about risks and financial security.

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