The Salt Lake City office of financial consultancy Embark has expanded its Utah presence and announced plans to add 50 new positions within the next year. 

Embark’s Utah operation is headed by Mike Romney, a former Utah startup CEO, and Sam Sorensen, who’s relocating to Utah from another Embark office.

“We’re excited for this next step in our growth. Since arriving in Salt Lake City, we have provided essential services to help Utah-based companies thrive and grow amidst the current financial uncertainty. These new jobs will draw from the rich and diverse talent pool,” said Romney.

“Embark is excited to bring new jobs, investment and opportunity to help the local and state economy here in Utah,” said Clancy Fossum, company president. “We’re also deeply proud of our ability to not only avoid layoffs in this economic environment but also add jobs at this sustained pace. This is an important market with a flourishing business sector which has been long neglected by other major financial service companies. We look forward to collaborating with the business sector here and helping the community continue to grow.” 

Embark has additional offices in Dallas, Houston and Austin, Texas; Denver; Tulsa, Oklahoma; and Phoenix.