Officers & Directors
Meet the Leadership Behind Arizona’s Most Trusted Business Brokers
Dr. Fernando Acosta
President
First Choice Business Brokers Phoenix
Dr. Fernando Acosta, President of AZBBA, leads with both business and academic excellence. As a senior broker with First Choice Business Brokers Phoenix, he specializes in valuations, M&A, and ethical deal-making. Holding a Doctorate in Management and multiple business degrees, he is dedicated to elevating Arizona business brokerage standards.
Nolan Baum, CBI
Vice President
B3 Business Brokers
Nolan Baum, Vice President of AZBBA, is a Certified Business Intermediary (CBI), Accredited Senior Business Broker, and founder of B3 Business Brokers in Phoenix. He specializes in representing business owners through the sale of their companies, including valuation, preparation, marketing, buyer qualification, negotiation, deal structuring, and closing. Nolan previously served as Chairman of AZBBA’s Education Committee and is a two-time AZBBA Outstanding Producer Award recipient and an IBBA Chairman’s Circle honoree.
Bonnie Jessen
Secretary
Wells Fargo Bank, N.A
Bonnie Jessen, Secretary of AZBBA, is a Senior Business Lending Advisor with Wells Fargo Bank. She brings extensive experience in SBA and business acquisition financing and has been an active contributor to Arizona’s business brokerage community. Bonnie supports AZBBA’s leadership and board administration while helping business owners and buyers navigate financing options for business acquisitions.
Tim Collins
Treasurer & Affiliate Chair
American Momentum Bank
Tim Collins serves as Treasurer and Affiliate Chair for AZBBA, representing American Momentum Bank. With decades of experience in business banking and finance, Tim supports Arizona business brokers and their clients with tailored lending solutions, financial insight, and a collaborative approach that promotes local economic growth.
Philip Handke
Board Member
Transworld Business Advisors
Philip Handke, CFA, CM&AP, is a Business Broker and M&A Advisor with Transworld Business Advisors Phoenix, where he works with business owners and buyers through business sales, acquisitions, valuations, negotiations, and transaction structuring. Philip also helps lead AZBBA’s educational programming and speaker development for Arizona’s business brokerage community.
Ryan Armstrong
Board Member
Transworld Business Advisors
Ryan Armstrong is a board member of AZBBA and a trusted advisor with Transworld Business Advisors. With years of experience helping business owners navigate complex sales and acquisitions, Ryan is dedicated to supporting Arizona’s broker community through education, collaboration, and integrity in every transaction.
Standing Committees
Membership
Committee:
Jason Dougher
(Membership Chair)
Social
Committee:
Jenn Armstrong
(Social Chair)
Membership
Committee:
(Communication Chair)
Education
Committee:
Philip Handke
(Education Chair)
Listings
Committee:
Dan Foley
(Listing Chair)
Leading with Integrity, Experience, & Service
AZBBA was founded to bring structure, professionalism, and ethical leadership to an evolving industry. By setting clear ethical and educational standards, AZBBA raises the bar for everyone involved in Arizona’s business brokerage market.
Building a Stronger Future for Arizona Business Brokerage
AZBBA’s Officers and Directors lead with purpose: advancing ethics, education, and cooperation among all Arizona business brokers. We invite you to be part of this mission to raise the bar for business brokerage, support Arizona entrepreneurs, and shape a stronger future together.