Empower Your Journey with Expert Insight in Finance, Economics, and Public Policy

Our consultants deliver independent, data-driven insight to support complex financial and economic decision-making.

Erebor LLC Core Services
Municipal Revenue Forecasting & Financial Projections
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Multi-year revenue forecasting for municipalities and public agencies
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Scenario modeling for tax policy changes, economic shocks, and growth assumptions
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General fund, gross receipts tax (GRT), property tax, and fee-based revenue analysis
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Budget sustainability and long-term fiscal outlooks
Economic Policy & Wage Analysis
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Minimum wage and living-wage policy analysis
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Fiscal impact modeling for wage ordinances and labor standards
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Distributional and equity-focused economic analysis
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Policy benchmarking across peer cities and states
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Decision-support analysis for elected officials and stakeholders
Public-Sector Financial & Economic Consulting
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Economic development strategy and impact analysis
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Cost–benefit and return-on-investment (ROI) assessments
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Workforce and labor market analysis
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Program evaluation and performance measurement
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Data-driven policy design and evaluation
Investment & Portfolio Consulting
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Portfolio analysis and risk assessment for institutional and public funds
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Asset allocation review and scenario stress testing
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Long-term investment strategy and governance support
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Advisory services for boards, trustees, and oversight bodies
Data Analysis, Modeling, & Decision Support
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Custom economic and financial modeling
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Scenario planning and sensitivity analysis
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Clear, decision-ready dashboards and visualizations
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Translation of complex data into accessible, actionable insights
Stakeholder Communication & Technical Briefings
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Preparation of technical memos, policy briefs, and staff reports
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Presentations for governing bodies, boards, and public meetings
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Support for public-facing communication of complex financial findings
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Independent, defensible analysis for contentious policy environments
Who We Are


Dr. Reilly S. White, PhD, is Principal and CEO of Erebor, LLC. Dr. White is the Associate Dean of Teaching and Learning and a tenured full Professor of Finance at the University of New Mexico Anderson School of Management. Dr. White is also Director for the $6.0 Million student-run UNM Regent’s Portfolio, and leads a series of financial literacy projects in the community. In addition to serving on the Board of Trustees of the $19 Billion New Mexico Educational Retirement Board, Dr. White serves as Treasurer of the Board of the Cancer Support Community Los Angeles, and Chair of Voz Collegiate Preparatory School.
In addition to his Ph.D. in Finance from the University of Connecticut, Dr. White graduated summa cum laude from the University of Massachusetts-Dartmouth with a degree in Finance. Dr. White has published twenty-three articles in finance and financial technology in the last few years. Since 2020, Dr. White has been interviewed over 500 times by local and national media outlets on various economic and financial topics.​
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At Erebor, we provide independent, data-driven analysis to support complex financial, economic, and policy decisions. Our work focuses on helping public-sector institutions, nonprofits, and mission-driven organizations understand tradeoffs, evaluate options, and act with clarity in environments shaped by uncertainty, constraint, and competing priorities.
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We combine rigorous quantitative analysis with practical, real-world insight—translating data into decisions that are credible, defensible, and grounded in institutional realities.
Francis Nichol, MBA is the Senior Consulting Strategist at Erebor, LLC. He brings extensive experience from the New Mexico State Treasurer’s Office and has supported high-impact consulting work on public-sector finance and policy. His work includes contributing to the analysis and development of Santa Fe’s landmark living-wage ordinance, as well as conducting financial and economic data analysis for municipalities across the region.​
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Client Feedback
Emily
Emily Smith
The personal attention we received was phenomenal, making us feel valued and supported.
Marcus
Marcus Lee
We appreciate the transparency and professionalism demonstrated throughout our collaboration.
Sandra
Sandra Jones
Their insights proved invaluable in navigating complex financial landscapes.