Financial services research provider RFi Group has merged its advisory and consultancy divisions and launched an office in Melbourne.
The merged units will operate under the brand name RFi Consulting, as the firm increases focus on research consultancy.
The merged entity will be led by RFi Group co-founder Alan Shields and will be based in the Melbourne office.
“Given the increasing synergies between the bespoke project work undertaken by RFi Advisory and RFi Consulting, now is an ideal time for us to merge the divisions. I am looking forward to leading an area where I see real value for our clients and over the coming months will be building out the team to meet demand, as well as uncovering some exciting new projects,” Shields stated.
RFi Group CEO Charles Green added: “From a global perspective, this merger will allow us to better streamline our capabilities and continue to provide actionable insights, strategic recommendations and excellent client service to our consulting clients.”
In addition, RFi Consulting former managing director Lance Blockley has departed from the business to join as senior advisor for New York’s analytic advisory and technology solutions provider Novantas.