Technology, Regulatory Compliance, Operations and M&A.
RLR to Expand Footprint
RLR Management Consulting has announced our intent to expand our footprint geographically. Although RLR has been engaged by clients throughout the U.S, the emphasis has been on the western part of the country over the past twenty five (25) or so years. RLR has worked with or in approximately 90% of the Community Banks in California and roughly 70% of Community Banks in the western states. We have strategically concentrated on this market and we have achieved record revenue and earnings the past two years.
However, in looking at the market footprint, it has become apparent that fewer and fewer banks remain viable clients in California and the west, due to consolidation, and in some cases, elimination of the community banks. In the past, RLR has worked with clients in the mid-western and eastern region, including Puerto Rico, and internationally in Xaimen China, Hong Kong and Korea.
We are actively pursuing new opportunities as well as strategically looking to hire consulting professionals outside of our traditional geography. Additionally our current consulting professionals were thrilled with this news and are eager to fill opportunities as they develop.
Our first engagement on the East Coast was recently acquired, and we look forward to many, many more. It is RLR’s plan to offer our full suite of consulting services throughout the country, which includes Technology, Operational Services, Regulatory Compliance, Mergers and Acquisitions, Audit and Related Services, and DeNovo Banking. Please join us and help get the word out!