Advanced Reserve Solutions, Inc.

The Colorado Division of Advanced Reserve Solutions, Inc. was started in 2009 by Richard Hirschman.  Richard has many years of experience in the financial industry, as well as the construction industry.  It was his passion in these areas that lead him to open ARS, Inc. in Colorado.

Richard is very active within the HOA community.  He served as the Chairman of the Programs & Education Committee for the Rocky Mountain Chapter of Community Associations Institute (CAI) during 2013 and 2014, and is still an active member of the committee.  Richard regularly meets with community managers and Boards of Directors to review reserve analyses and implement sound financial strategies.

Richard graduated from California Polytechnic University with a Bachelor of Science degree and was a member of both the cross country and track teams.  In his spare time, he enjoys running, biking, hiking and spending time with his family.

“My goal is to continue to create awareness for the importance of having a current reserve analysis for every community, and to assist in the development and implementation of their reserve analysis.” – Richard Hirschman

After trying ARS when they first came to town, I quickly discovered that their Reserve Study format is probably one of the best we’ve ever seen.  Board members find it extremely easy to read and the detail always provides us everything we need for budgeting.  ARS has definitely become our ‘go to’ Reservist!

– Garry Schaffer
Principal
Client Preference Realty & Management

“I’ve employed Mr. Hirschman to research and prepare numerous Reserve Fund studies for our managed HOA’s. His reporting and methodology is thorough, accurate and easy to understand. The ARS process creates a very functional long range planning tool for our clients’ capital projects. The periodic updates also help make the forecast budgeting more effective when projecting capital costs. These reports have really helped our clients accurately project their costs and help avoid special assessments or even over funding.”

– Mike Magliocchetti
President and General Manager
Key To The Rockies

“I highly recommend Richard Hirschman to any HOA wishing to establish an appropriate reserve plan for the first time.  Richard very much helped us to achieve a thorough and reasonable plan. He was very responsive to our need to develop a realistic timetable to achieve a strong reserve position. He did an excellent job helping us educate our homeowners at the Annual Meeting on why we needed a reserve plan and how to understand what it said.”

– Jere Paulmeno
President, Parkside South HOA