RKL Welcomes New Partner Barry M. Pelagatti to Firm Leadership
RKL LLP today announced that Barry M. Pelagatti, CPA, has joined the firm as a Partner. Based out of the firm’s Radnor office, Pelagatti will lead RKL’s Financial Services Industry Group.
“We’re proud to welcome Barry Pelagatti to the RKL leadership team,” said Edward W. Monborne, RKL CEO. “His reputation as a trusted advisor and business strategist for financial institutions in the Greater Philadelphia region will be a tremendous asset to RKL as we expand our capabilities to more comprehensively serve the financial services industry throughout our footprint.”
“With its entrepreneurial culture, team of talented professionals and innovative approach to professional services, it’s an exciting time to join RKL,” Pelagatti said. “I look forward to contributing value and industry insights to the firm’s expanded efforts to help financial institutions proactively manage evolving challenges like risk and regulatory compliance.”
Through its highly regarded credit union practice, RKL has long served the accounting and advisory needs of these financial institutions in Pennsylvania and neighboring states. The firm established a presence in the Greater Philadelphia region in October 2016 with the launch of Radnor-based RKL Risk Management LLC, which allows RKL to deliver internal audit, compliance and information technology audit services to a wider range of financial institutions.
Under Pelagatti’s leadership, RKL’s broadened focus on the financial services industry will allow the firm to deliver a robust spectrum of services to banks, credit unions and other institutions, ranging from traditional assurance and compliance requirements to cutting edge capabilities like cyber security and risk management. Pelagatti’s industry expertise and regional connections position RKL to not only grow its client base in the financial services realm but also to foster relationships across other industries in the Philadelphia area and beyond.
Pelagatti brings more than 20 years’ experience in public accounting to RKL. He has deep experience advising financial institutions on operational improvement and complex accounting and reporting matters, including mergers and acquisitions, SEC requirements and capital market transactions.
A member of the American Institute of Certified Public Accountants (AICPA), Pelagatti participates on the AICPA Depository and Lending Institutions Expert Panel. He also is a member of the Pennsylvania Institute of Certified Public Accountants, and is currently the chair of the PICPA Financial Institutions Training Committee.
Pelagatti is an active member of the New Jersey Bankers Association and the Pennsylvania Association of Community Bankers, and sits on the advisory board of the Financial Managers Society. He holds a B.S. in Accounting from St. Joseph’s University, and resides in West Grove, PA, with his wife and three daughters.