Established Market Presence Ketel Thorstenson, LLP has a long-standing history since 1936 with a solid regional presence in Rapid City, Spearfish, SD, and Gillette, WY, indicating stability and strong local market engagement which can be leveraged for expanding client relationships.
Growth and Talent Acquisition Recent hires of new partners Carrie Christensen and Brady Larsen, along with multiple promotions within their managerial ranks, suggest an active growth strategy and focus on strengthening leadership, presenting opportunities to offer tailored solutions for talent management and leadership development.
Industry Specialization The firm’s focus on industries such as construction, hospitality, agricultural, and non-profit sectors implies a readiness to engage with vertical-specific financial and technology solutions that specifically address the needs of these high-growth areas.
Technological Adoption Utilizing tools like cloud-based platforms, LinkedIn insights, and digital communication services, Ketel Thorstenson demonstrates a commitment to modern technology, indicating potential for upselling advanced accounting software, cloud financial tools, and cybersecurity solutions.
Financial Strength With revenue estimates between $100M and $250M and a sizeable team of over 50 CPAs and partners, the firm is well-positioned to invest in premium technology, consultancy, and financial services, making them a valuable target for high-touch, comprehensive business solutions.