Contact Information: Contact: William H. Thompson Communications Coordinator Advisory Services International, Inc. 925.946.1353 E-mail: URL: www.AdvisoryServicesIntl.com
Advisory Services International, Inc. Launches Risk Management Services
Firm's Seasoned Executives See Risk Management as Financial Industry's Greatest Peril
| Source: Advisory Services International, Inc.
INDIAN HARBOUR BEACH, FL--(Marketwire - February 25, 2009) - Founded in 1997 when financial
institutions were less in the spotlight, Advisory Services, Inc. focused on
helping clients throughout the world understand and implement sound banking
principles. Today, the firm with "International" added to its name is
specifically focused on risk management techniques and all that accompanies
this now-demonstrated critical element of the financial industry.
Evident in today's news, risk management -- or the lack of it -- is
impacting the future, even for institutions previously deemed the most
stable. Advisory Services International (ASI) -- with more than 100
cumulative years of financial expertise within its team -- believes the
time is now for financial executives to take action to bring risk
management practices under control.
J.B. Woods, president of ASI, discusses the firm's new direction. "We have
looked at our industry and concluded that the proven ways of finance were
eroded by a gallop into today's changed lending environment. In the past
year, the financial industry's rush to assume larger amounts of risk, and
the speed with which the industry assumed that risk, have brought
challenges that were simply unanticipated. The result has already been
catastrophic for some banks, and more banks will follow unless their course
is corrected."
Woods and his team, seasoned veterans with global experience, provide
clients a heightened vantage point seldom achieved alone. ASI, using a
three-phased approach, first tells its clients where they stand. If clients
want to move forward, ASI next helps them design programs and tools. The
third phase involves coaching and training to help ensure a smooth
implementation.
"We have helped financial firms in the U.S., and other nations such as
Russia, Thailand, Indonesia, Mexico, Turkey, and Venezuela. One can't
transit such diverse cultures and systems without gaining a heightened
appreciation for core values that translate across every financial border,"
explains Woods. "We are unique in this regard."
The firm recently enhanced its web site to reflect its focus on risk
management, with articles of interest for financial industry professionals.
About Advisory Services International, Inc.
ASI headquarters are located in Florida with principal team members in four
other states. The firm can be reached by phone at +1 707 208 6128 or via
its web site: www.AdvisoryServicesIntl.com.