Our Founder

Timothy (Ted) Wellings Jr.

Formerly a Peat, Marwick, Mitchell & Co. manager and a senior accountant with Touche, Ross and Co., Mr. Wellings had many years of experience in all aspects of management, finance, business administration, consulting, income tax advice, financial planning, litigation services and public accounting.

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Mr. Wellings resigned from Peat, Marwick, Mitchell & Co. on December 31, 1973 to establish his own practice, Wellings & Co. in Menlo Park, California. He was a partner of Wellings & Co. from 1973-2012 and provided services in all areas of firm expertise, with particular emphasis on complex real estate planning, business goodwill valuations, estate planning and administration, and financial planning. He served as an expert witness in matters requiring litigation.

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Ted Wellings had an MBA degree from American University (Washington, D.C.) and a B.S. degree from the U.S. Naval Academy. He was a past president of the Peninsula CPA Association, a former director of the Peninsula Chapter of the CA Society of Certified Public Accountants and a former director of the Palo Alto Financial Planning Forum. He also served 17 years as a publicly elected member of the governing board of the Sequoia Union High School District of San Mateo County, California.

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In June 2012, Mr. Wellings retired from Wellings & Co. at the age of 86. Ted passed away on January 5, 2013. Ted and Peggy Wellings were married for over 58 years and the lives they shared together were filled with love, adventures, tears and laughter. Their three children, Bruce, Cindy and Tim the III blessed them with nine grandchildren and two great-grandchildren.