INDUSTRY NEWS
RESERVE ADVISORS Acquires Browning
Reserve Group
IN LATE DECEMBER, RESERVE ADVISORS, A LEADING PROVIDER OF CAPITAL PLANNING CONSULTING SERVICES, ANNOUNCED THE ACQUISITION OF BROWNING RESERVE GROUP (BRG). FOUNDED IN 1999, BRG IS THE TRUSTED PARTNER FOR MORE THAN 2,500 CLIENTS PRIMARILY IN CALIFORNIA AND NEVADA.
The acquisition brings together two of the industry’s most established firms at a time when community leaders face increasingly more external challenges that affect the well- being of their properties. Peter Hellman, CEO of Reserve Advisors, emphasized that “professional consulting services have become crucial in helping communities navigate these issues.” Hellman noted that the merger was driven by a mutual desire to offer exceptional guidance and support in an evolving landscape.
Robert Browning, PCAM, RS, RSS, and founder of BRG, has been providing reserve study and association consulting services for more than 35 years. Browning shared that “the acquisition provides increased value to our existing clients through an unparalleled combination of resources and industry expertise.” The strategic alignment allows both firms to support the evolving needs of their clients in a rapidly changing environment.
About Reserve Advisors
Founded in 1991, Reserve Advisors provides reserve study and capital planning consulting services for more than 18,000 community associations nationwide. The firms’ services encompass reserve studies, structural integrity reserve studies, property insurance appraisals, and energy consulting services. Reserve Advisors is headquartered in Milwaukee, Wisconsin, employing over 85 employees across 14 states. For more information visit
reserveadvisors.com.
About Browning Reserve Group
BRG specializes in reserve study and consulting services for common interest communities, governmental properties, park districts, and non-profits throughout the western United States. Browning will continue to lead BRG under its existing brand. For more information about Browning Reserve Group, visit
browningrg.com.
www.cai-illinois.org • 847.301.7505 | 51
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