Bernstein Business Management Group Joins Armanino

San Ramon, Calif.-based Armanino (FY15 net revenue of $164 million) has announced that Bernstein Business Management Group of Woodland Hills, Calif., is joining Armanino on March 1.

The group will operate as Armanino and will join the firm’s existing business management department. Both firms offer core business management services, including cash management and financial planning, banking, insurance coordination, bookkeeping, payroll, and tax planning and preparation for high-net-worth individuals and the entertainment industry.

“Bernstein Business Management Group brings a wealth of experience working with high-net-worth individuals and professionals in the entertainment industry,” says Ken Coelho, PIC of business management at Armanino LLP. “The group’s talents, combined with Armanino’s deep technical know-how, will allow us to further deliver hands-on, personal service to our clients.”

Bernstein Business Management Group complements Armanino’s entertainment expertise and expands its business management practice into the San Fernando Valley. It will also expand Armanino’s network of trusted services providers, such as agents, attorneys and personal managers, with whom Armanino cooperates to manage all of its clients’ financial affairs. As a full-service accounting and consulting firm, Armanino brings additional audit, international tax, high-tech and deep consulting offerings to Bernstein Business Management Group’s clients.

Bob Bernstein will join Armanino as a partner, and he and his team will relocate to Armanino’s office in Woodland Hills. Clients will continue to work with the same team they have known for many years.

This merger is one of several in the last few months. Armanino took on Lafayette, Calif.-based valuation experts, Financial Strategies Consulting Group and Travis Wolff of Dallas (FY15 net revenue of $20.8 million) on Jan. 1.

Armanino, ranked No. 25 on the IPA 100 list, has been listed on IPA’s Best of the Best Firms list for 14 of the last 15 years.