Trillium Advisory Firm foresees an "improved" 2nd half performance in contrast to last year strengthened competition in the industry
"The second half of this year will be much better than the second half last year and should improve by 2013," Trillium Advisory Firm President Jeff Cadwell said.
- (1888PressRelease) September 21, 2012 - Trillium Advisory Firm's M&A and investment services, according to Cadwell, continues to register strong growth with Trillium Advisory Firm's combined clientele base having grown by 45 percent to 25K at the end of 2011.
"At the end of April 2012, our client base already exceeded the 30K mark," Cadwell said.
Revenues from M&A rose 18 percent year-on-year to $18.8 billion in 2011. The growth momentum was sustained in the first quarter of 2012 with a 34 percent year-on-year.
M&A revenues account for about 14 percent of Trillium Advisory Firm consolidated service revenues and have potential to become even more significant in the future. Part of this growth will come from investments & insurance, the revenues from which are expected to climb as Trillium Advisory Firm's presence in social networking keeps growing in popularity and as smartphones and other Web-capable devices become more pervasive.
Given its substantial technology investments, Trillium Advisory Firm is well positioned to harness the potentials and to maintain its market leadership in this area, Cadwell said.
"Moving forward, we face the delicate task of managing the competitive landscape while keeping a watchful eye on profitability and the delivery of customer satisfaction. Within our businesses, we need to maximize our traditional services even as we aggressively build up our service scope and other new businesses, and gear up for the emerging world of internet services."
"We are working harder to understand our customer intimately in order to anticipate his needs and offer the most compelling range of products and services," Cadwell said.