What Newbold Advisors, LLC does

Newbold Advisors, LLC is a U.S. management consulting firm founded in April 2006 in Washington, D.C. and now headquartered in Clearwater, Florida. The firm specializes in business and technology consulting and staffing for the mortgage banking industry, with additional practices serving credit unions, life sciences, and consumer retail organizations. Its core delivery model is practitioner-led consulting combined with insourced staffing (consultants placed at client sites), supported by contract, contract-to-hire, direct hire, and executive search capabilities. Six service lines are marketed: Mortgage Services, Credit Union & CUSO Consulting (including the TECH2MARKET sub-brand), Business Consulting, Technology Consulting, Cloud Migration, and Staffing Solutions.

Revenue is generated on a project-based, quote-based professional services model across these lines. Service delivery historically scaled to 900 deployed professionals by late 2012 and now operates with 251-500 employees (per firmographic data), supported by offices in Clearwater (headquarters), Dallas (large operations support facilities), and a legacy Washington, D.C. presence. The firm is privately held by its three founding partners (Terry Couto, Dan Reiman, Tim Gaven) and named equity partners, with no external venture or private equity capital disclosed; it has been self-funded throughout its 20-year history.

The firm's customer base is concentrated in U.S. enterprise financial services, including named relationships with Fannie Mae, Countrywide Financial (historical), the largest U.S. banks, GSEs, and large non-bank mortgage servicers. Strategic technology partnerships extend its delivery footprint, including Mesh Auditor for compliance automation, Messagepoint for customer communications management, Ellie Mae (ICE) Encompass for LOS implementations, and FSI Outsourcing for offshore delivery. Recent leadership additions (CEO Jason Bohrer, returning November 2025; Managing Director Jeff Wise, April 2024) and a 2025 partnership with Qredible signal a renewed offensive into compliance-heavy and adjacent regulated verticals.

Name

Newbold Advisors, LLC

Legal name

Newbold Advisors, LLC

Website

https://newboldadvisors.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

Newbold Advisors is a U.S. management consulting and staffing firm serving primarily the mortgage banking industry, with additional credit union, life sciences, and consumer retail practices. It delivers practitioner-led consulting, technology and cloud services, and insourced staffing to enterprise financial institutions nationwide.

Ownership category

akta.pro rank

Product category

Management Consulting (Financial Services & Mortgage)

NAICS

Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Financial Management & Performance Improvement Consulting (BPAHACAF)

Keywords

• Mortgage consulting services
• Technology consulting
• Credit union consulting
• Staffing solutions
• Cloud migration services

Headquarters

HQ city

Clearwater

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Services Consulting: Newbold provides business and technology consulting services including mortgage services, credit union consulting, business consulting, technology consulting, and cloud migration. Services are delivered through consultant deployments at client sites and project-based engagements.
2. Staffing Solutions: The company generates revenue through staffing solutions including contract staffing, contract-to-hire, direct hire placements, and executive search services. Staffing services span financial services, consumer retail, and life sciences industries, with a focus on both business and IT roles.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Newbold Advisors provides business and technology consulting and staffing solutions to the mortgage banking, financial services, credit union, life sciences, and consumer retail industries. Its portfolio spans six service lines: Mortgage Services (LOS implementations, servicing system conversions, GSE approvals, compliance and audit readiness), Credit Union & CUSO Consulting (including the TECH2MARKET program), Business Consulting (strategy, risk, program/project management), Technology Consulting (digital transformation, legacy modernization, banking/FinTech), Cloud Migration, and Staffing Solutions (contract, contract-to-hire, direct hire, executive search).

Product overview

Newbold Advisors is a consulting and professional services company offering business and technology consulting and staffing solutions to the financial services, life sciences, and consumer retail industries. The company provides a portfolio of six interconnected service lines: Mortgage Services (consulting for originations, servicing, LOS implementation, and compliance), Credit Union & CUSO Consulting (via TECH2MARKET program for technology adoption), Business Consulting (strategy, risk management, project management), Technology Consulting (digital transformation, legacy modernization, FinTech solutions), Cloud Migration (cloud strategy, migration, and security), and Staffing Solutions (surge staffing, talent on-demand, direct hire). The core value proposition is deploying qualified business and technology professionals to achieve tangible results for mortgage lenders, servicers, banks, credit unions, and fintech companies.

Differentiator

Problem solved

Functional benefit

Brands

• TECH2MARKET: Newbold's TECH2MARKET program delivers expert-driven solutions for credit unions and CUSOs, including painless tech launches, core processing power, rapid digital transformation, and efficiency and futureproofing services.

Products and services

• Mortgage Services Consulting services for mortgage lenders, servicers, and capital markets participants covering operational efficiency, profitability maximization, LOS implementation, servicing system conversions, GSE/Ginnie Mae approvals, compliance and audit readiness, M&A strategy, and business/technology staffing. Target buyers are banks, GSEs, mortgage lenders, and non-bank servicers.
• Credit Union & CUSO Consulting (TECH2MARKET) Strategic consulting for credit unions and CUSOs covering technology integration, regulatory compliance, operational efficiency, and member experience enhancement, delivered through the TECH2MARKET program. Target buyers are credit unions and CUSOs navigating tighter regulations, cyber threats, and digital member expectations.
• Business Consulting Strategic business consulting including strategy development, current state assessment, future state development, project identification and roadmap, roadmap and investment planning, program and project management, and enterprise risk management. Designed for executives seeking actionable strategy and board-ready investment plans.
• Technology Consulting IT and technology consulting covering digital transformation, legacy system modernization, and Banking/FinTech solutions. Services include strategic planning, IT-business alignment, digital risk management, and technology implementation support, applied within mortgage LOS and servicing platforms.
• Cloud Migration Cloud migration services covering strategy roadmap development, planning and execution, application migration, cloud adoption framework development, cloud architecture, data management, and cloud security implementation, supporting legacy-to-cloud transitions.
• Staffing Solutions Talent acquisition and staffing services including surge staffing for high-volume needs, talent on demand with team augmentation and temp-to-perm options, contract, contract-to-hire, direct hire, and executive search across financial services, technology, and life sciences.

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• QrediblecoreStrategic or Co-development Partner · 29 April 2025Strategic partnership with Qredible, a compliance-based digital registry and transaction platform for cannabis and hemp industries. Combined offerings include compliance program development, technology optimization, operational excellence, and risk management. Partnership supports MSOs, cultivators, manufacturers, distributors, and retailers with comprehensive compliance solutions.
• Messagepoint Inc.coreTechnology or Integration · 11 July 2023Strategic partnership where Newbold serves as referral partner for Messagepoint's customer communications management (CCM) solution. Newbold introduces Messagepoint to mortgage servicing clients looking to improve borrower communications operations. Messagepoint provides AI-powered content hub for automating content creation, accelerating deployment, and ensuring compliance with version control and audits.
• Mesh AuditorcoreTechnology or IntegrationMesh Auditor partnership provides automated compliance with real-time monitoring of 1,000+ mortgage servicing regulations. The partnership offers automated testing of every loan against federal and state regulations daily, catching issues before escalation, with detailed insights by loan type and delinquency status. Newbold provides expert support for rapid issue resolution alongside Mesh's technology.
• FSI OutsourcingminorChannel Partner/ Reseller/ DistributorFSI Outsourcing partnership provides access to Zambian offshore workforce for mortgage operations. Offers 30-40% cost savings compared to traditional offshore providers, with 98% talent retention rates. Newbold provides strategic staffing expertise for engaging high-performance Zambian teams.

Scale indicators4 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• SolomonEdwards: U.S.-based professional services firm focused on financial services consulting and staffing across banking, mortgage, and capital markets; comparable to Newbold in terms of sub-industry focus, consulting + staffing model, and senior talent from large banks and GSEs.
• Slalom: Management and technology consulting firm with a strong financial services practice covering banking, mortgage, and fintech clients; comparable to Newbold in business model (project-based consulting, technology transformation, cloud), though typically larger in scale.
• West Monroe Partners: Management and technology consulting firm serving U.S. banks, lenders, and financial services firms across digital transformation, core systems, M&A, and operations; closely comparable to Newbold's technology consulting, LOS/loan platform work, and target customer base.
• Sagence (Sagent / 4th Story): Boutique consulting and mortgage technology services firm serving U.S. lenders and servicers; directly comparable in mortgage industry specialization, system conversion projects, and project-based consulting delivery.
• First Annapolis Consulting: Specialized consulting firm focused on payments, mortgage, and consumer financial services; comparable niche specialization and advisory-style engagements for lenders and servicers.
• Capco: Global management and technology consultancy dedicated to financial services including banking, mortgage, and capital markets; comparable in mortgage/banking advisory focus and senior practitioner-led model.

Broad incumbents

• Deloitte Consulting: Global Big Four advisory firm with a large U.S. mortgage and banking practice covering digital transformation, risk/regulatory, and core systems; competes with Newbold on larger LOS and servicing platform transformation projects.
• Accenture: Global professional services firm with substantial financial services and mortgage technology practices; competes for large-scale digital transformation, cloud migration, and core banking/mortgage platform work.
• ICF International: Public professional services firm providing IT and management consulting to financial services, public sector, and health clients; comparable breadth of consulting practice and digital/legacy modernization services.
• Sutherland Global Services: Large-scale business process and consulting services provider serving mortgage, banking, and financial services with both onshore and offshore delivery; comparable consulting + staffing / outsourced delivery model to Newbold's insourcing practice.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/newbold-advisors

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Newbold Advisors, LLC