SNL Financial to open a Richmond area office in Henrico County

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To accommodate a growing Richmond work force, SNL Financial plans to open an office July 15 in the Innsbrook area in Henrico County. The new 7,000-square-foot space off East Shore Drive will house 30 employees who reside in Richmond but currently commute to the Charlottesville-based information publishing firm.  The company plans to continue expanding its Richmond employee base with selective hires in information technology, sales, account management and industry expert positions.

Tom Corbitt, SNL’s chief administrative officer, said in a statement that nearly 40 percent of the company’s new hires over the past 12 to 18 months have come from the Richmond area. “It’s a key talent pipeline for us that will help sustain our continued double-digit revenue growth in the foreseeable future,” he said.

SNL provides corporate, financial, market and M&A data to more than 3,300 public companies and 50,000 private companies in the banking, financial services, insurance, real estate, energy and media and communications industries. 

It was named one of the fastest-growing companies in the country by Inc. magazine for the last two years. SNL posted more than $100 million in revenue during 2009 and has averaged more than 20 percent in annual revenue growth since 2003. Worldwide, it employs more than 1,300 people, with about 400 of them located in Central Virginia.

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