Richey May vs TSP Consulting Services

What the rubric says

Richey May and TSP Consulting Services are both scored in Advisory & Consulting. Richey May carries an overall of 4, TSP Consulting Services an overall of 2. The widest gap between them is Functionality and depth, at 2.4 of a point. That axis measures whether it handles the messy loans and not just the clean file. Richey May takes it, 4.5 to 2.1.

Where the five axes separate

On Functionality and depth the record favours Richey May, 4.5 against 2.1. On Production impact the record favours Richey May, 4.4 against 2.3. On Adoption and support the record favours Richey May, 4.4 against 2.3. On Integrations and ecosystem the record favours Richey May, 3.2 against 1.6. On Return on spend the record favours Richey May, 3.7 against 2.3.

In Advisory & Consulting the rubric weights Integrations and ecosystem heaviest, at 30 percent. That is why the two overalls sit where they do.

How the weights turn axes into a score

Production impact carries 25 percent of the Advisory & Consulting score. It measures whether the tool moves volume, pull-through or cycle time. Functionality and depth carries 25 percent of the Advisory & Consulting score. It measures whether it handles the messy loans and not just the clean file. Integrations and ecosystem carries 30 percent of the Advisory & Consulting score. It measures how well it reaches the rest of the stack. Adoption and support carries 10 percent of the Advisory & Consulting score. It measures whether the team adopts it and gets unstuck. Return on spend carries 10 percent of the Advisory & Consulting score. It measures what the spend returns, which is not the same as being cheap.

Pricing posture

Richey May does not publish pricing. Its listed model is quote only, fee structure not published. TSP Consulting Services does not publish pricing. Its listed model is quote only, fee structure not published.

Deployment and who each one targets

Segment focus for Richey May: Independent mortgage banks of all sizes. Segment focus for TSP Consulting Services: Lenders implementing or administering an LOS. The two entries name different buyers.

What each record credits

Richey May: Over 600 employees and 50 partners, the deepest bench here. Richey May: Lender compensation survey and peer benchmarking data. Richey May: Audit, tax, technology and cyber under one firm cuts coordination cost. Richey May: CPA independence rules impose real constraints on attest clients. TSP Consulting Services: Genuine high-touch LOS administration, API and SDK capability. TSP Consulting Services: Twenty-five years in the market. TSP Consulting Services: Deep specific knowledge of the platforms they partner.

What each record holds against them

Richey May: Sells SOC audits to the same vendors lenders ask it to evaluate. Richey May: Analytics offering rides on one named vendor platform. Richey May: Private equity backed since 2025, which changes incentives. Richey May: Owns acquired technology businesses, so it sits partly on the vendor side. TSP Consulting Services: Markets systems selection while holding formal partner status with two LOS vendors. TSP Consulting Services: No disclosure or independence statement published. TSP Consulting Services: Team size listed at between two and nine people. TSP Consulting Services: No proprietary data or benchmarking.

Which one fits which shop

Best fit for Richey May: Lenders wanting one firm across audit, tax and technology. Best fit for TSP Consulting Services: High-touch Encompass or Mortgage Cadence administration.

What each entry concludes

Richey May: Richey May has a large bench, and the broadest service range. Richey May: That is both the appeal and the problem. Richey May: It sells technology advisory to lenders while selling SOC audits to the vendor population. Richey May: Its analytics product is built on a single named technology partner. Richey May: It publishes lender guidance on using SOC reports for vendor management. TSP Consulting Services: TSP has real technical depth in LOS administration and development, delivered by a very small team. TSP Consulting Services: The problem for a buyer is the pairing. TSP Consulting Services: TSP markets a systems selection service while holding formal partner status with at least two LOS vendors. TSP Consulting Services: Those platforms would be candidates in any such selection. TSP Consulting Services: No disclosure statement accompanies it.

The short answer

Richey May finishes ahead on the published rubric, 4 to 2. The margin comes mostly from Functionality and depth. Same rubric, same weights, no sponsorships.