BDO USA Merges with Charles A. Barragato & Company

Chicago-based BDO USA (FY15 net revenue of $1.05 billion) announced it has entered into an agreement to expand its metro New York practice through the addition of 38 staff, including six partners, from New York-based Charles A. Barragato & Company LLP (CAB).

The firm has been a member of the BDO Alliance USA since 2009. It has a diversified client base with significant strength in high-net-worth individuals, family offices, entertainers, health care providers and real estate investors and developers.

“I look forward to welcoming all of the partners and staff formerly with CAB to BDO. This is an important addition, as it provides greater critical mass in the important New York metropolitan market, while also increasing our representation of clientele in the high-net-worth and family office space,” says Wayne Berson, CEO of BDO USA.

Chuck Barragato, MP at CAB, has more than 35 years of experience in public accounting. He will succeed Randy Schwartzman as the OMP for BDO USA’s Long Island tax practice. Barragato will also take on a leadership role in developing the private client services practice in the Northeast region. Current BDO partner, John Kyriakides, will continue to serve as the OMP for the Long Island assurance practice.

Going forward, BDO plans to consolidate its CAB personnel into its existing New York metropolitan offices.