We exist because a 200-page report sat unread on a CFO's desk.
That was the moment our founder decided the consulting industry had a transparency problem — that mid-market companies deserved advisors who delivered clarity, not volume. So she built a firm that solves it. Five years later, six core service lines, 42 companies served, and $14.2 million in documented savings say the thesis holds.
From One Desk to 42 Clients: A Timeline
Nadia Foxworth files incorporation papers for Foxworth Consulting Ltd. from a shared office on 108 Avenue in Surrey. One desk. One laptop. One thesis: mid-market companies are overpaying for banking services, and nobody on their side of the table has the data to prove it. Her first move is to build the benchmarking methodology that would become the foundation of every fee benchmarking engagement the firm delivers today.
A pandemic arrives. Conventional wisdom says don't start a consulting firm during a global crisis. Nadia's nonprofit background kicks in — she spent a decade stretching shoestring budgets at organizations where every dollar had to justify its existence. She outworks the uncertainty, building the firm's proprietary data models remotely while reaching out to CFOs who suddenly have time to question what their banks are charging them.
Five retained clients. Five companies that are now paying less for banking services and understanding more about their own financial infrastructure. The first Banking Relationship Audit identifies $87,000 in annual overpayment for a logistics company in the Fraser Valley. Revenue: enough to hire.
Derek Tsang joins from eleven years in commercial banking at CIBC and TD. For the first time, the firm has someone who's sat on both sides of the table — who knows how commercial lending desks evaluate credit risk, price products, and make internal approval decisions. The credit facility advisory practice launches, and the firm's ability to benchmark term sheets against real market data jumps dramatically.
Priya Sandhu arrives from corporate treasury at Finning International. Her background in cash flow forecasting models, bank account architecture, and payment systems optimization fills a gap the firm's clients have been asking about. Treasury and cash management design becomes a formal service line. Client count reaches twelve. The firm moves from Nadia's shared office to a dedicated space at 14365 108 Avenue — the same address it occupies today.
Nineteen clients. The firm's first engagement over $100,000 — a full banking restructuring for a $93M agri-foods company that recovered $600,000+ in facility value across a three-year syndicated term. Marcus Riel joins from Scotiabank's product team, bringing six years of experience in how commercial deposit and lending products are priced internally. The combined bank-side experience on the team reaches 23 years.
Angela Chen joins to manage client engagements, bringing financial operations experience from Ritchie Bros. Auctioneers. Quarterly education workshops launch at the Surrey office — topics like "Reading Your Account Analysis Statement" and "Covenant Math for Non-Accountants" — open to all current and past clients at no charge. The firm begins serving Alberta clients alongside its BC base, with Derek leading on-site engagement periods in Calgary and Edmonton.
Tom Berezowski joins as Research & Data Associate, strengthening the firm's benchmarking data infrastructure and covenant tracking capabilities. $14.2 million in cumulative documented savings for clients. 42 companies served across 16 distinct industries. 97% client retention rate. The Banking Foundations program launches for growth-stage companies with $2M–$15M in revenue. The doubters are quiet now.
Three Things That Set Us Apart
Origin: "We Were Born From a Billing Dispute"
In late 2019, Nadia Foxworth was eight months into a consulting engagement with a national advisory firm, embedded inside a mid-sized logistics company in the Fraser Valley that was hemorrhaging cash through misaligned banking structures. She'd identified $340,000 in annual savings within the first six weeks. The advisory firm stretched the engagement to nine months. They layered in additional workstreams. They produced a 200-page deliverable the client's CFO never finished reading. The invoice kept climbing. The client's confusion deepened.
Most companies build origin stories around inspiration. Ours starts with frustration. Nadia's thesis was simple: mid-market companies across British Columbia were overpaying for banking services, underusing the products available to them, and getting generic advice from bankers incentivized to sell — not to optimize. She would sit on the client's side of the table and teach them to see what the banks see. That thesis became the founding principle behind every service we deliver today — from forensic banking audits to credit facility negotiations.
Methodology: "We Work Ourselves Out of a Job"
Every engagement includes an educational component. Not as an afterthought. As a deliverable. We walk clients through the reasoning, the math, and the trade-offs so the client's internal team can maintain the improvements long after the engagement ends. Our quarterly education workshops — topics like "Reading Your Account Analysis Statement" and "Covenant Math for Non-Accountants" — are open to all current and past clients at no charge. We also publish free tools, templates, and articles in our resource library because formed clients make better decisions.
Most consulting firms maximize dependency. We engineer obsolescence. A perfect engagement ends with a client who understands their own banking well enough to negotiate their next facility renewal without us. That's not charity — it's reputation. Those clients send referrals. They come back when the problem changes. They trust us precisely because we didn't try to make them need us forever. Our 97% client retention rate proves the model: companies return not because they're locked in, but because they trust the advice.
Culture: "Scrappy, Independent, Unreasonably Thorough"
We earn fees from clients, never from banks. No referral arrangements, no placement commissions, no soft-dollar relationships. The advice is unencumbered. This independence is central to everything we do — and it's why our pricing structure is fixed-fee with no success fees tied to savings identified. When we tell you your bank is overcharging by $87,000, that number is the truth, not a figure inflated to boost our own invoice. We know the BC and Alberta mid-market — the industries, the banking relationships, the regional commercial lending appetites, the credit union landscape. A national advisory firm parachuting in from Toronto cannot match that granularity.
Every deliverable passes through three rounds of review before it reaches a client. Nadia reviews all credit facility recommendations personally. Derek cross-checks all fee benchmarking analyses against his internal pricing models built from a decade-plus inside commercial banks. Marcus validates product economics against his Scotiabank-era knowledge of how those products are actually priced internally. If we tell you your bank's advance rate is below market, it's because we've verified it against comparable data from real engagements across 42 companies and 16 industries — not industry surveys or generic databases.
Why Clients Stay — And What Our Team Says Back
"I understood every line of the term sheet because Priya made sure I did."
Priya Sandhu responds: "Dale had banked at the same credit union for 18 years. He didn't need someone to tell him his business — he needed someone to translate banking into language that respected his intelligence. We spent two full sessions on the borrowing base calculation alone. By the end, he was asking questions about advance rate benchmarking that most CFOs I've worked with never think to ask. That's the goal of every knowledge transfer session — the client walks away fluent, not just informed."
"Their fee was a fraction of the recovered value. Most consultants want you to keep calling."
Angela Chen responds: "Samara's team was sharp but had zero banking infrastructure — they were a $8.5M company running on the same chequing account they'd opened at launch. We built the entire Banking Foundations package in 28 days — account hierarchy, banking partner selection, cash flow forecasting framework, payment controls — and trained their finance manager so they wouldn't need us for the day-to-day. That's the engagement I'm proudest of — we made ourselves unnecessary. Her finance manager now independently manages all bank reporting and handled their next facility discussion without us."
Six People. 23 Years of Bank-Side Experience. Zero Bank Commissions.
Nadia Foxworth, CPA, CMA
Founder & Principal ConsultantFormer senior consultant at Deloitte's financial advisory practice in Vancouver, where she spent a decade advising on corporate restructuring and financial operations before founding the firm in January 2020. BComm from Simon Fraser University. Sits on the Surrey Board of Trade's finance committee. Reviews every credit facility recommendation personally before it reaches a client. Completed the BMO Vancouver Marathon twice — applies the same relentlessness to banking audits. Built the firm's benchmarking methodology from scratch during the first year of operations.
Derek Tsang, MBA, CFA
Senior Banking StrategistEleven years in commercial banking at CIBC and TD, where he evaluated credit risk on the commercial lending desk and managed a portfolio of mid-market relationships. MBA from UBC's Sauder School of Business. Knows how commercial lending desks evaluate credit risk, price products, and make internal approval decisions — because he used to sit at one. Leads all Alberta engagements and typically heads breach response situations, drawing on his bank-side experience managing covenant situations from the lender's perspective. Coaches his daughter's U-12 soccer team in North Delta.
Priya Sandhu, CPA
Treasury & Cash Management ConsultantCorporate treasury background at Finning International and Ledcor Group, where she managed cash operations across multi-location industrial businesses. Specializes in cash flow forecasting models, bank account architecture, zero-balance account configurations, and payment systems optimization. Leads all treasury and cash management design engagements. CPA through CPA British Columbia. Dedicated snowboarder who spends most winter weekends at Whistler — and brings the same precision to optimizing earnings credit rates as she does to carving groomers.
Marcus Riel
Banking Product AnalystSix years at Scotiabank developing and pricing commercial deposit and lending products for mid-market clients. Understands the internal economics of banking products — how they're priced, where margin is built in, where commitment fees have flexibility, and where clients have leverage that most relationship managers won't volunteer. Cross-checks all fee benchmarking analyses against his internal pricing models. Documents his West Coast seafood experiments on a personal cooking blog — his smoked salmon gets nearly as many compliments as his fee analysis matrices.
Angela Chen, CPA
Client Engagement ManagerManages onboarding, project timelines, and client communications — the person who makes sure every engagement stays on track and every deliverable hits its deadline. Previously in financial operations at Ritchie Bros. Auctioneers, where she managed complex multi-stakeholder financial processes. Coordinates the firm's quarterly client education workshops and led the 28-day Banking Foundations engagement for Beacon Digital Media. Volunteers with Junior Achievement BC, teaching financial literacy to high school students in Surrey.
Tom Berezowski
Research & Data AssociateJoined in 2025 to strengthen the firm's benchmarking data infrastructure and analytical capabilities. Maintains the anonymized, aggregated data sets from 42 client engagements that power every fee comparison and term sheet benchmarking analysis the firm produces. Builds and maintains the covenant compliance dashboards and forward-looking scenario models that clients like Harmon & Grove Development now use for independent quarterly monitoring. Background in quantitative finance and data analytics. The newest member of the team — and the one who ensures every number we cite is verified against real engagement data, not industry surveys.
Schedule Your Banking Relationship Review Or call (778) 546-4467 to speak with our team directly"We built this firm on a bet: that you can run a profitable consulting company while actively trying to make your clients need you less. Five years in, the revenue chart says we were right. The 97% retention rate says clients agree. And the $14.2 million in documented savings says mid-market companies across BC and Alberta were right to trust a different kind of advisor."
— Nadia Foxworth, Founder