Wipfli, a top 20 advisory and accounting firm, announced today it has acquired Sheshunoff Consulting + Solutions’ risk management and loan review services divisions.
The transaction adds 70 new members to Wipfli’s existing risk management and loan review services team, bringing the firm’s total practice size to more than 210 associates.
The Sheshunoff team will bring to Wipfli its proven experience in risk management and loan review services for the financial services industry. They have deep experience bringing outsourced solutions to financial institutions throughout the Northeast.
Wipfli offers Sheshunoff clients the benefits of expanded services that help businesses improve operational performance, transform their digital capabilities, optimize finances, meet compliance regulations and drive decisions with data and analytics. The combination enhances Wipfli’s services and national footprint.
“We’re so glad to have these two divisions of Sheshunoff as part of Wipfli,” said Bob Cedergren, head of Wipfli's risk advisory services practice. “Their deep experience helping financial institutions reduce risk and drive financial improvement makes them an excellent fit for our firm. The strength of our combined teams’ capabilities demonstrates our commitment to serve financial services clients as they navigate uncertainties in the regulatory and economic landscape.”
Sheshunoff brings more than 150 clients to Wipfli’s 900-client financial institutions practice.
“We are looking forward to Sheshunoff joining our firm,” said Kurt Gresens, Wipfli's managing partner. “Their strong reputation and business approach in financial services will be a great fit at Wipfli. Their deep bench in risk management and loan review services will help us connect with a broader client base, enabling us to introduce a larger range of consulting services including digital, cybersecurity, cloud computing and outsourced accounting services. Working together, we’ll be well-positioned to support them.”
Sheshunoff is based in Connecticut with a large client base in the Northeast. The transaction adds more than 70 associates to Wipfli's workforce of approximately 3,200, and more than 150 new clients.