A leading construction industry management consultant and investment banking firm is expanding its architectural focus. FMI, of Raleigh, North Carolina, purchased Advanced Management Institute (AMI), of Napa, California, in February, allowing it to target the architecture clients that AMI has traditionally served. 

The 55-year-old FMI has chiefly served contractors, but the growth of design/build has created a larger pool of architects and engineers who could benefit from its services, says Hank Harris, FMI’s president and CEO. “We think it’s going to be a great combination for the industry,” he adds.