Reflects the firm’s evolution from traditional CPA firm to professional services leader
PRESS RELEASE
LANCASTER, PA (November 1, 2016) – Reinsel Kuntz Lesher LLP (RKL), Certified Public Accountants and Consultants, today announced that it has adopted the legal identity of RKL LLP, effective November 1, 2016. Already widely referenced and recognized as RKL in the marketplace, the firm formalized the RKL name as it continues to pursue geographic growth and diversification.
“The RKL brand represents the future of the firm. Over the years, the RKL name has become synonymous with innovation, outside-the-box thinking and cutting edge capabilities, and we plan to continue to build and expand that reputation through our entrepreneurial approach and instinct for emerging demand,” said RKL CEO Edward W. Monborne.
In the 11 years since the firm’s founding, the firm has earned regional and national recognition for its exceptional growth. Since 2005, RKL has doubled its workforce, achieved average annual growth in double digits, launched four specialized subsidiaries, expanded its presence coast-to-coast and earned national accolades from Accounting Today, Inside Public Accounting and other industry media.
“We are incredibly proud of our history and of the people who have made this firm who are today. I truly believe the best days for this firm are yet to come, and I look forward to working alongside our talented and dedicated team to write the next chapter in the firm’s history as RKL,” Monborne said.
The legal name change underscores the significant growth and innovation taking place at RKL. As the challenges facing its clients increase in complexity, RKL has strategically expanded its capabilities and expertise in areas like operational process improvement, transaction advisory services, software implementation and networking, state and local taxation and HR consulting.
Most recently, RKL positioned itself as a leading provider of risk management services for financial institutions, banks and credit unions in the Mid-Atlantic with its October 1 acquisition of Radnor, Pennsylvania-based GTM Risk Management, now known as RKL Risk Management. Focused on helping financial services organizations reduce risk, RKL Risk Management offers internal audit, compliance and information technology audit services, all of which complement RKL’s existing risk management practice.
The official name change to RKL LLP also brings the firm into consistency with its portfolio of four subsidiaries: RKL Wealth Management, an investment advisory firm; RKL eSolutions, an IT consulting firm; RKL Capital Advisors, an investment banking firm; and RKL Risk Management.
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