Business Details
39 Years
experience
Your Trusted Partner for Financial and Accounting Solutions
Bancor Water Systems was formally established in 1987, building upon over 35 years of practical experience in outsourced CFO work and accounting services for small to medium-sized businesses. Our firm specializes in alleviating the financial management burdens faced by business owners, allowing them to focus on strategic growth. We leverage cutting-edge technology to deliver comprehensive accounting solutions, including daily bill processing, online banking reconciliation, and secure client data access. Our services extend to financial planning, tax preparation, retirement strategies, and benefit program administration, tailored to meet the unique needs of each client. With a client-centric approach, we provide personalized plans that adapt to evolving life priorities, ensuring long-term financial stability.Our team of experienced CPAs and financial advisors combines technical expertise with strategic insight to minimize tax liabilities and optimize business performance. Headquartered in Pasadena, California, we serve businesses nationwide, prioritizing transparency, education, and proactive financial management. Our commitment to excellence is reflected in our ability to transform complex financial challenges into actionable, efficient solutions. Client testimonials highlight our responsiveness, strategic counsel, and measurable impact on tax savings and business growth. We pride ourselves on fostering long-term relationships built on trust, expertise, and mutual success.
Services
Financial Planning
Tax Preparation
Tax Planning
Accounting
Retirement Planning
Investment Management
Payroll Services
Benefit Program Administration
Strategic Planning
Business Consulting
Details
- Year established: 1987
Highlights and features
- We offer 35+ years of experience in outsourced accounting and financial consulting.
- Our team utilizes cutting-edge technology for real-time financial management and reporting.
- We provide personalized, adaptive financial plans tailored to individual client needs.
- Our strategic tax planning minimizes liabilities while maximizing long-term savings.
- We guarantee responsive, transparent communication with actionable financial insights.
What people say
Phenomenal assistance
Excellent counsel
Saved significant money
Strategic planning
Timely responses
Services
Financial Planning
Our financial planning services analyze asset and liability ratios to create customized strategies for wealth accumulation, retirement, and estate planning. We collaborate closely with clients to develop actionable roadmaps aligned with their long-term goals. By emphasizing transparency and ongoing support, we empower informed decision-making for sustained financial security.
Tax Preparation
We provide meticulous tax preparation for individuals and businesses using advanced software to ensure compliance with evolving regulations. Our team optimizes deductions and credits while minimizing liabilities through strategic planning. Specialized services for high-net-worth clients, medical professionals, and entertainment industry personnel ensure tailored solutions for complex financial scenarios.
Accounting
Our outsourced accounting solutions include daily transaction processing, bank reconciliation, and financial statement preparation. We implement cloud-based systems for real-time data access and generate profit-and-loss statements to guide business decisions. This service eliminates in-house accounting burdens while maintaining precise, audit-ready records for small to mid-sized enterprises.
Tax Planning
We develop proactive tax planning strategies to reduce liabilities through budgeting and profit preservation techniques. Our advisors create customized plans addressing individual and corporate tax challenges while ensuring compliance with IRS regulations. Regular consultations help clients adapt strategies to changing financial circumstances and legislative updates throughout the fiscal year.
Business Consulting
Our outsourced CFO services provide strategic financial leadership for businesses lacking in-house accounting teams. We offer budgeting, lending relationship development, and exit strategy planning while implementing cost-effective benefit programs. This service combines executive-level expertise with personalized support to improve operational efficiency and profitability for growing companies.
People
Douglas Huff
President
Douglas Huff, President of Bancor Water Systems, brings 22 years of executive financial management experience across diverse business sizes. He specializes in strategic tax planning, outsourced CFO services, and benefit program administration. His client-focused approach emphasizes transparency, education, and tailored financial solutions.
Questions
What accounting services do you offer for small businesses?
We provide outsourced accounting, payroll processing, financial statement preparation, and strategic tax planning tailored to small business needs.
How can you help reduce my tax liabilities?
Our team identifies applicable deductions, implements strategic tax planning, and utilizes advanced software to minimize liabilities while ensuring compliance.
Do you offer personalized financial planning?
Yes, we create customized financial plans addressing retirement, wealth accumulation, and estate planning based on individual goals.
What technology do you use for accounting services?
We employ cloud-based systems and QuickBooks integration for real-time financial management, secure data access, and automated reporting.
Are your services available outside Pasadena?
While based in Pasadena, we serve clients nationwide through our secure online platform and virtual consultation services.
How are your fees structured?
Monthly fees range from $850–$3,500 based on transaction volume, with customized pricing for tailored service packages.
