49 > MorganFranklin Consulting

REVENUE GROWTH: 25%

HQ: McLean, Va.

MorganFranklin Consulting is a management advisory firm that works with leading businesses and government to address complex transformational finance, technology and business objectives. Chris Mann, Managing Partner and CEO of MorganFranklin, sat down with Consulting to discuss the firm's financial performance and outlook. 

Consulting: What were the main factors that contributed to your firm's exceptional growth?

Mann: Our firm experienced growth across all of our existing and new geographies due to increasing demand for our services. That demand was driven largely by the dynamic regulatory environment, an active M&A market and the continuous evolution of technology in driving business. In addition, our relentless focus on being a trusted advisor to our clients has led to virtually 100 percent client retention and significant growth at many of our accounts, while we also built new client relationships at a rapid pace.

Consulting: How is this year shaping up for your firm?

Mann: This has been a monumental year. In late July, the firm was acquired by Vaco to become Vaco's global consulting platform. We are now part of a global professional services organization enabling increased scale to serve our clients, support our people and accelerate our growth as a premier global consulting brand. This transaction also puts us in position to bring our methodology based transformational solutions to Vaco's vast client base as we collectively offer our collective clients seamless access to an end-to-end professional services solution.

Consulting: How would you describe your firm's outlook for 2020?

Mann: We are incredibly optimistic about our future. We see tremendous opportunity to accelerate our levers for growth, particularly related to geographic expansion, service enhancement and industry focus and specialization. The breadth of services we are bringing to support organizations through business, finance and technology transformation initiatives will continue to lead our path to growth. We are also highly energized by the momentum that our union with Vaco provides us from a growth perspective.

Consulting: What are your firm's biggest challenges in 2020?

Mann: The most important challenge for us in 2020 will be continually building awareness across Vaco regarding the value that MorganFranklin can bring to their clients. Vaco has an incredibly entrepreneurial culture, and it will be important for us to educate our new partners on how we can help them grow the footprint inside their outstanding client base. In addition, we will need to continue to recruit new talent, particularly as we focus on geographic expansion, and retain our great people in a tight labor market.

Consulting: What does being named a Fastest Growing Firm mean to your firm, employees and clients?

Mann: What has always set us apart is the passion, experience and collaboration that our people bring to helping solve complex transformational challenges for our clients. We believe in our mission of delivering peace of mind to clients as we solve those challenges for them. With a vision of becoming a global platform for solving those challenges, this honor means we are delivering on both our mission and our vision.

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