LOUISVILLE, Kentucky, Sept. 12, 2022 (GLOBE NEWSWIRE) — ProfessionalBank Austin will be part of FORVIS, a prime 10 accounting and advisory agency, by way of an asset acquisition efficient Oct. 1. The transfer bolsters the services FORVIS presents shoppers within the financial services business.
ProfessionalBank Austin is a nationally revered supplier of training, mortgage assessment, regulatory compliance, asset/legal responsibility and rate of interest threat administration, and capital advisory services to financial establishments.
The agency has places of work in Nashville, Tennessee; Louisville, Kentucky; and Toledo, Ohio, and annual revenues of roughly $20 million. More than 50 professionals will be part of FORVIS within the merger.
With roots courting to 1967, ProfessionalBank Austin was shaped in 2017 following the merger of Professional Bank Services, headquartered in Louisville, and Austin Associates, headquartered in Toledo. This geographic footprint enhances FORVIS’ current presence within the area, which incorporates seven places of work in Kentucky, Tennessee and Ohio.
“ProBank Austin is a trusted advisor to the financial services industry that truly prioritizes client service,” mentioned Jerry Henderson, regional managing associate, advisory services with FORVIS. “With this addition, FORVIS will augment the strength of existing service lines such as regulatory compliance, loan review, internal audit and investment banking while also expanding our capabilities in the areas of education services and financial management.”
“Joining FORVIS is a step forward for us,” mentioned Chris Hargrove, CEO of ProfessionalBank Austin. “This move will broaden and deepen our offerings with greater resources for our clients and enhanced career opportunities for our team members. We have been in conversation with FORVIS leaders over the past year and are thrilled to see this come to fruition.”
For extra info, go to forvis.com/industries/financial-services.
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About FORVIS
FORVIS, LLP ranks among the many nation’s Top 10 skilled services companies. Created by the merger of equals of BKD, LLP and Dixon Hughes Goodman, LLP (DHG), FORVIS is pushed by the dedication to make use of our ahead imaginative and prescient to ship Unmatched Client Experiences™ . FORVIS is constructed upon the sturdy legacies of BKD and DHG, which is mirrored in a reputation comprised from associate initials that represents our distinctive concentrate on getting ready our shoppers for what’s subsequent. With greater than 5,500 devoted professionals who serve shoppers in all 50 states, in addition to throughout the globe, FORVIS presents complete assurance, tax, advisory and wealth administration services. Visit forvis.com for added info.
