Who are We

Kohl Analytics Group (formally Kohl Advisory Group) was established in the mid-1990s as a one-of-a-kind boutique management consulting firm specializing in operational and profitability analytics for financial institutions. Our value is that clients who use us regularly experience a Return on Assets (ROA) over 15 Basis Points better than industry average. We enable clients to reach this level of profitability because our program is a one-of-a-kind service which allows us to collect an extensive variety of benchmark data to assess our client’s performance at an unparalleled level of detail. This, in turn, enables our clients to know exactly where to focus their process improvement efforts to achieve these extraordinary results.

The principals of the Kohl Analytic Group together have over 100 years experience in measuring, analyzing and explaining risk and profitability levels of lending and deposit products as well as balance sheet positions overall. Background and experience include the development of operational analytics, product profitability and Asset Liability Management (ALM) software, consultative assistance in managing balance sheet risk, assessment of product cost and profitability, and facilitating strategic planning processes.


Michael Kohl is President & CEO of the Kohl Analytics Group, which provides Assessment Services, Consultative Assistance and Workshops to financial institutions in product cost and profitability management. The firm promotes improvement in bottom line performance through balanced "product financial contribution" and the use of advanced analytical methodologies such as Activity-Based Costing (ABC).

Previously, as President/COO of Myers-Kohl Corporation (now c. Myers), Mr. Kohl conducted over 200 ALM seminars and interest rate risk evaluations. Throughout the 1980’s, as one of the original founders of Sendero Corporation and its Executive Vice President, he was responsible for overseeing the design of Sendero’s extensive line of ALM and profit planning models.

Mr. Kohl holds an MBA from Arizona State University and an undergraduate degree in Business with emphasis in Quantitative Analysis from the University of ND. A frequent speaker for trade organizations, Mr. Kohl has been published in various industry periodicals and has authored a booklet on Activity-Based Costing, entitled Improving Financial Performance with Activity-Based Costing and Product Profitability Management.


Marc Cooley is Executive Vice President & COO responsible for oversight and delivery of all of Kohl’s product profitability assessments as well as implementation, training and support of the accompanying product enhancement software.

Mr. Cooley has over 30 years of industry experience, working with banks and credit unions ranging in size from small community to multi-state regional institutions where he served as both practitioner and consultant with a strong focus on product development. For 12 years Mr. Cooley was employed by one of the largest Credit Unions in Arizona, where he filled various operational and management roles including that of CFO. Mr. Cooley holds a M.A. in Economics from Washington University in St. Louis and a B.S. in Mathematics from the University of Kansas.


Steve Wofford is Executive Vice President & CFO in charge of internal operations and becomes personally involved in many client engagements. Mr. Wofford has held numerous leadership positions at major corporations including Director of Research Analytics for Oracle’s Financial Services Applications group, Director of SAP’s Center of Excellence (COE) for Activity Based Costing, and Director of IBM’s COE for Business Intelligence, Analytics and Enterprise Performance Management. Prior to those positions he held numerous positions in banking within the investment management, structural profitability and asset liability management areas.

In addition, Mr. Wofford has lectured around the world on a variety of subjects including Strategy Execution, Enterprise Business Architecture, Enterprise Scale Performance Management as well as numerous financial services on specific topics such as asset/liability management, driver-based planning and customer, product and organizational profitability. Mr. Wofford holds both Masters and Bachelors Degrees in business finance from Washburn University.