#23. Duff & Phelps

REVENUE GROWTH: 55%

HQ: New York, N.Y.

Duff & Phelps is a global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, disputes and investigations, cyber security, claims administration and regulatory issues. The firm works with clients across diverse sectors on matters of good governance and transparency. We recently spoke to firm CEO Jacob Silverman about the firm's growth.

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

Silverman: Over the last decade, we have evolved from a primarily corporate finance and valuation advisory business into a diversified, global market leader. Organic growth, service line expansion, tuck-in acquisitions, as well as selective transformational acquisitions have enabled us to extend our service offerings, diversify our revenue streams and expand geographically.

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

Silverman: We have always been well-positioned to operate in periods of distress and have proven our ability to weather the changes brought by 2020 to date.

Consulting: How would you describe your firm's outlook for 2021? Where do you see the most opportunities?

Silverman: The coronavirus pandemic brought a number of headwinds and tailwinds; however, we're incredibly well-positioned to grow in 2021 and beyond. We believe there are favorable long-term global trends that support strong revenue and profit growth in the industry segments in which we operate.

Consulting: What would you say are your firm's biggest challenges in 2021?

Silverman: Our talent is the heart of what we do, and our priority is ensuring they are connected, supported and growing even during these challenging times.

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

Silverman: It's an incredible honor for our employees and clients because it's a testament to their efforts and commitment to our firm's success.

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