Executives of Joele Frank Launch New Firm with Deals Reporter

Several executives from the PR firm Joele Frank, Wilkinson Brimmer Katcher, along with Bloomberg's Ed Hammond, are leaving to start their own firm called Collected Strategies. The creation of new communications firms specializing in advising companies on corporate crises has been driven by the increased demand for counsel on acquisitions, activist investors, and ongoing corporate activity. This trend is fueled by the elevated scrutiny of Wall Street's activities and the strong profit margins in the industry. Joele Frank is one of the last independent firms in this space.