Charlotte Observer on Ascendo’s new office move

14Nov, 2014

Charlotte Observer on Ascendo’s new office move

Staffing firm says banking biz growth created need for bigger offices

By Deon Roberts

Staffing company Ascendo Resources has relocated its Charlotte operation to a larger office, a move the company says was largely driven by growth in its banking business.

The company has moved out of the SouthPark Towers office complex, where it has been since entering the Charlotte market last year, to the Rotunda Building, which is also in SouthPark. The Rotunda Building is at 4201 Congress St.

Although it’s a move of only about 400 yards, it gives Ascendo more space. The company said it has gone from 500 square feet at SouthPark Towers to now 2,500 square feet in the Rotunda Building.

A ribbon-cutting for the new office was held last week.

The move follows Ascendo’s addition earlier this year of a financial services division to its Charlotte operation. The company said it added the financial services division to meet rising demand for risk and compliance positions in Charlotte’s financial sector.

Nationwide, demand for risk and compliance positions in banking has been growing, in large part because of new regulations created in the wake of the financial crisis.

Since entering the Charlotte market, Ascendo’s overall Charlotte operation has grown to seven recruiters, Ascendo said. It says it plans to hire 13 additional people for its Charlotte operation over the next year to meet growing demand to place employees in a variety of industries.

Here’s an excerpt from the company’s press release about the new office:

From its new location, Ascendo will focus on placing temporary and permanent candidates throughout several specialized industries. The company’s new office was specifically designed to fit its unique culture and is strategically located within the SouthPark business district of Charlotte, which is home to some of the city’s biggest companies including Coca-Cola and Wells Fargo. Ascendo is actively looking to grow and expand its staff and is looking to hire more sales associates with experience within its targeted industries.

“Charlotte’s strong business climate makes it one of most attractive places for both job seekers and major corporations, so we’re excited to have a more permanent location that reflects our corporate identity,” said Rick Ferretti, managing director and head of Ascendo’s Charlotte office. “Since we began our operations here, we have leveraged our strong industry knowledge to make many great connections for our clients while ensuring a seamless hiring process.”