Porter Keadle Moore has strengthened its risk advisory and regulatory compliance practice with the addition of Credit & Compliance Financial Resources Inc., based in Fayetteville, Ga.
C&C specializes in credit review, due diligence, consumer compliance reviews, and consulting services to the banking industry. “Regulatory compliance is a critical issue for the community banks and other financial institutions we represent, and we are expanding our offering strategically,” said PKM managing partner Phil Moore.
C&C founders Sarah Draut and Bill Pitt will join PKM as partners. “Adding Sarah and Bill to the team gives us additional strength to best serve our clients, while giving their clients a wider array of services.”
Draut and Pitt noted that PKM’s integrity and quality were among the factors that made the move attractive. The merger improves efficiency by streamlining back office and IT functions. More importantly, PKM offers additional services such as fair lending and CRA reviews, as well as auditing, IT and expanded risk management services to C&C’s long-term clients.
“The regulatory environment and expectations have increased dramatically in the past five years,” Draut said. “PKM is taking what we do to a whole different level. It was the perfect match.”
PKM, which has offices in Downtown Atlanta and Sandy Springs, has grown by more than 10 percent in the last six months. C&C makes the second addition for PKM this year. In February, the firm merged in Holbrook Hicks and Associates, adding six people including partner Veronica Hicks.
Accounting Today has named PKM as one of the nation’s Best Accounting Firms to Work For. In addition, the Center for Generational Kinetics and Best Companies Group named PKM one of 2015’s Best Places to Work for Millennials.
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