Bob graduated from the University of North Carolina at Chapel Hill in 1969 with a degree in Business Administration with a concentration in accounting. After a few months with accounting firm, Ernst & Ernst in Raleigh, he joined the U.S. Navy as an officer for two years before rejoining Ernst & Ernst. In 1972 he started his own CPA firm in Raleigh. In 1978 he left Public Accounting and joined the financial services industry. In 1982 he started Raleigh Securities, Inc.