Weaver said Friday it has merged with Delong Consulting Services, a consultancy that offers compliance and risk management services to financial institutions, effective June 1.
The consultancy, founded in 1996 by Bill Delong, CPA, provides outsourced regulatory compliance, internal audit and information technology audit services to banking institutions throughout Texas. The Delong team’s focus includes asset and liability reviews, regulatory compliance, internal audit, Federal Deposit Insurance Corporation Improvement Act and Sarbanes-Oxley testing, along with Bank Secrecy Act and anti-money laundering reviews. The firm’s IT services focus on general control reviews and other IT-dependent regulatory reviews, including IT security and risk management.
“We are excited to have Bill and his staff join the Weaver team,” said Weaver managing partner and CEO Tommy Lawler in a statement. “They bring to the firm extensive experience working with banks and offer expanded expertise and services that we can provide to banks across Texas,” “This merger also supports our growth strategy in the financial services space.”
Delong will join Weaver as a partner. His team, including 11 staff members, will join the Weaver offices in Dallas and Fort Worth.
“Our clients will greatly benefit from the additional resources and depth of services that Weaver provides,” said Delong. “This merger better positions us to serve a growing number of banks across Texas. It will also allow us to continue building upon the long-term relationships we have with our current clients, and to provide them with the personal attention they have come to know and expect.”
Prior to establishing his own firm, Delong’s 40-year career included senior vice president and audit director positions at Team Bank and First Gibraltar Bank. His management responsibilities included financial, operational, compliance, trust and information system auditing, as well as management of numerous complex financial and operational projects. Delong also served as the assistant general auditor at Bank One Corporation, responsible for audits of subsidiary banks and non-IT subsidiaries. His professional memberships include the American Institute of CPAs and the Institute of Internal Auditors.
