ALM First Company Profile

Background

Founded in 1995, ALM First is a Dallas, Texas-based financial advisory firm specializing in providing unbiased, commission-free, fee-based services to financial institutions across the United States. With approximately $70 billion in investments under management, the firm partners with over 300 banks and credit unions, offering expertise in asset-liability management, investment management, and hedging and derivatives services.

Key Strategic Focus

ALM First's strategic focus centers on delivering comprehensive financial advisory services tailored to the unique needs of depository institutions. The firm's core objectives include optimizing financial performance, managing risk, and enhancing capital efficiency for its clients. By leveraging advanced financial modeling and analytics, ALM First specializes in asset-liability management, investment portfolio management, and strategic balance sheet optimization. The primary market targeted by ALM First comprises banks and credit unions seeking expert guidance to navigate complex financial landscapes.

Financials and Funding

As of January 2025, ALM First reported an estimated annual revenue of $15 million, with a workforce of approximately 149 employees. The firm's revenue per employee is estimated at $143,000. Specific details regarding funding history and notable investors are not publicly disclosed.

Technological Platform and Innovation

ALM First employs a suite of advanced technologies to enhance its service offerings:

Event Management: Utilizes Cvent for organizing and managing client events and seminars.

JavaScript Libraries: Incorporates Underscore.js and script.aculo.us to enhance web application functionality.

Online Banking Solutions: Leverages nCino to provide clients with advanced online banking capabilities.

Project Management: Employs ClickUp for internal project management and collaboration.

Web Analytics: Utilizes Google Analytics to monitor and analyze website traffic and user engagement.

Leadership Team

ALM First's leadership comprises experienced professionals dedicated to guiding the firm's strategic direction:

Emily Hollis, CFA – Chief Executive Officer: As a co-founder, Emily has been instrumental in establishing ALM First's reputation for unbiased financial advisory services.

R. D. – Chief Technology Officer: Oversees the firm's technological infrastructure and innovation initiatives.

A. C. – Partner: Contributes to strategic planning and client relationship management.

L. B. – President: Leads the firm's operational strategies and business development efforts.

T. M. – Partner: Focuses on expanding the firm's market presence and service offerings.

Leadership Changes

In January 2020, Jason Haley was promoted to Chief Investment Officer, reflecting the firm's commitment to internal leadership development.

Competitor Profile

Market Insights and Dynamics

The financial advisory sector serving banks and credit unions is characterized by a competitive landscape with firms offering a range of services from asset management to strategic consulting. The market is driven by the need for institutions to navigate regulatory complexities, manage risk, and optimize financial performance.

Competitor Analysis

Key competitors include:

Informa: Provides event and academic research solutions, offering insights that can influence financial strategies.

International Personal Finance: Specializes in home credit and digital loans, serving a broad customer base across Europe and Mexico.

GF Inbursa: Offers a range of financial products and services to individuals and businesses, with a significant presence in Mexico.

Provident Financial: A longstanding provider of personal credit products in the UK, focusing on the non-standard lending market.

Strategic Collaborations and Partnerships

ALM First has engaged in strategic partnerships to enhance its service offerings:

DDJ Myers, Ltd: In 2022, ALM First partnered with DDJ Myers to provide expanded educational opportunities and solutions aimed at optimizing both human and financial performance for clients.

Detalus Acquisition: In 2020, ALM First acquired the institutional fixed income line of business from Detalus, broadening its financial service offerings.

Operational Insights

ALM First differentiates itself through its commitment to unbiased, commission-free advisory services, focusing exclusively on the needs of depository institutions. The firm's deep expertise in asset-liability management and investment strategies positions it as a trusted partner in the financial services industry.

Strategic Opportunities and Future Directions

Looking ahead, ALM First aims to expand its technological capabilities and service offerings to address the evolving needs of financial institutions. By leveraging data analytics and innovative financial modeling, the firm seeks to provide clients with actionable insights and strategies to enhance their financial performance.