Gumbiner Savett Acquires Katz Fram & Co.

Gumbiner Savett Inc. of Santa Monica, Calif., has acquired Katz Fram & Co., of Santa Monica, effective June 1. Katz Fram partner, Arnold Fram, comes to Gumbiner Savett as a principal and will spearhead the new business management practice. Katz Fram partner, Kurt Yamaguchi, also joins as a principal.

“We are excited to have the Katz Fram team join Gumbiner Savett,” says Rick Parent, managing director of Gumbiner Savett. “Katz Fram is highly respected in the area of business management, and we are pleased to be able to provide their expertise and this new service to Gumbiner Savett clients. Both Katz Fram and Gumbiner Savett are focused on providing customized solutions and excellent customer service, so we look forward to a smooth and seamless transition as we merge together.”

Headed by Arnold Fram, Katz Fram has served the Los Angeles community since it was established in 1972. The firm provides a full spectrum of tax, accounting and business management services to its roster of clients, with a special focus on serving clients in the entertainment industry. The firm is also experienced in providing services to a broad spectrum of industries, including construction and manufacturing, hospitality, real estate, professional services and wholesale distribution.

“We are thrilled to integrate our practice with Gumbiner Savett,” says Arnold Fram. “Gumbiner Savett’s reputation and breadth of services makes it a natural fit for our existing staff and clients.”

Arnold Fram is a counselor to a significant clientele in real estate, manufacturing, import and wholesale distribution, retail and professional services. He also works with many high net worth individuals in the entertainment industry providing accounting, tax, business management and financial planning services. He also works extensively in the areas of estate and gift planning, post-death planning, estate and trust accounting, estate and trust income, and estate tax compliance.

Yamaguchi is an experienced accounting and tax practitioner who works with clients in a wide variety of industries, including real estate, entertainment, hospitality and restaurants, non-profit organizations, manufacturing and distribution, apparel and professional service firms. Before joining Katz Fram, Kurt served as a partner at a Los Angeles tax practice.