Fortune 500 financial services company was seeking to diversify its operations through the establishment of a new regional operation center for over 700 employees.
Needed to hire Series 7 financial advisors who consult with clients on life planning, insurance, and investments.
Needed a location that offered the optimal balance of skilled labor, market scalability, the overall cost of doing business, real estate, and economic incentives.
The Solution
Developed employee profiles for each business unit based on skill-sets, educational attainment, licenses requirement, and industry experience.
Filtered 930 communities based on a complex process to identify 8 metro areas meeting the general criteria for the project.
Conducted a comprehensive analysis to identify 2 finalist metro areas for on-site due diligence and negotiations.
The Result
Identified the optimal metro area after extensive tours of the finalist locations.
Conducted in-depth submarket analysis of the metro area to identify the optimal geography within the metro area to locate.
Secured a 100,000-square-foot facility on the busiest transportation corridor for maximum exposure.
Negotiated a cash grant of a $1.25 million economic incentive package.
