Runci Group LLC, a leading provider of advisory, brokerage and portfolio management services to buyers and sellers of distressed consumer and commercial receivables, announced that James Fournier has joined the firm as Director of Client Services. Fournier, formerly with Windham Professionals, brings 24 years of ARM industry experience to Runci Group.
Runci Group founder and President, Christopher Runci said, “Jim’s broad range of experience in the receivables industry and solid reputation made this decision a simple one. Jim will help us continue in our efforts to be the provider of choice for advisory, brokerage and portfolio management services to participants in the distressed receivables market.”
Fournier adds “I am very much looking forward to being part of the Runci Group team. In recent years, there has been a growing demand for portfolio management services from debt buyers and creditors. Challenging economic conditions and increased regulation and compliance burdens, are bringing drastic changes to our industry. Managing those challenges effectively on a daily basis is becoming increasingly difficult. Debt buyers, creditors and investors need the additional resources to protect their assets. Being an integral part of that process is exciting to me.”
With a national network of vetted collection agencies and attorneys, Runci Group is able to provide a comprehensive collection strategy for all types of purchased debt. Runci Group is committed to providing each of their clients with the expertise, the solutions and the results needed to achieve success. Adding another 24 years of operational and client services experience to the team, has helped to ensure that Runci Group, LLC remains a frontrunner in the portfolio management arena.
Runci Group provides Advisory, Brokerage and Portfolio Management services to buyers and sellers of distressed receivables throughout North America. The firm specializes in implementing end-to-end sales solutions and full portfolio administration and performance management for debt owners. Since its inception in 2005, Runci Group has advised clients in sales transactions involving more 7 million non-performing and charged-off accounts and manages more than 5 million accounts with a face value in excess of $1.5 billion through its international agency and attorney network.
James Fournier can be reached at at (401) 383-9600 x204. Additional information on the company is available at www.RunciGroup.com.