Banking

There’s no shortage of information in the marketplace. Our clients don’t lack insights into their past and current business scenarios. More and more of them are actively pursuing relationships with firms that can help them to be proactive about looking forward. They have recognized that anticipatory insights are absolutely necessary for generating a strong opportunity pipeline as well as to predict (and prevent) problems. HORNE is that partner for many of our clients.

By nature, business owners are goal setters and innovators. They embrace the challenge to turn vision into reality. As your business grows locally, you might begin to think about expanding to another state as the next step. Whether that move is imminent or is part of a long-term goal, preparing for it requires that you think back and reassess the steps you took when you first started your business.

Regardless of the economic climate, most people consider ways to improve their retirement savings, whether through individual investments or a retirement plan provided by their employer. In a climate challenged by talent shortages and economic uncertainties such as we’ve seen over the past few years, many employers also look for ways to attract, retain, and motivate quality people.

Not unlike retailers, banks are challenged to provide a quality, consistent customer experience in their locations and online. Analysts have said that we’re in the Age of the Consumer, and that is apparent – people want to feel like their bank knows them, understands what they want and need, and helps to fulfill those wants and needs from any channel they choose. They want personalization, both with regard to the relationship they have with their bank, and in the product/service mix they are offered.

If you’re planning to expand your financial institution into another city or state, whether through location based expansion or an M&A approach, proper planning is important. Building a plan before you embark on expansion can help to ensure the success of your growth, secure your compliance, and keep you from costly penalties.