PKF O’Connor Davies Admits Andriola as Partner

Michael Andriola

Michael Andriola

New York-based PKF O’Connor Davies LLP (FY17 net revenue of $160 million) announced that it has hired Michael Andriola. Andriola will serve as an engagement partner, planning and overseeing client engagements, including financial analysis and reporting, auditing, internal controls, budgeting and strategic planning.

“We were impressed with Mike’s experience and commitment to delivering better results for the clients he serves,” says Kevin Keane, MP. “His knowledge will be an asset to the Firm, and we welcome him to his new leadership role on the PKF O’Connor Davies team.”

With more than 15 years of accounting, auditing and business advisory experience on the executive level, Andriola will serve as engagement partner, for clients in industries including construction, not-for-profit and governmental entities.

“Throughout my career, my focus has always been on helping clients assess their financial health through rigorous audits and operational analyses that ultimately help them run their businesses better,” says Andriola. “I look forward to sharing what I’ve learned and collaborating with the respected team at PKF O’Connor Davies.”

Marcum Search Launches Executive Compensation Division

Marcum Search LLC, the executive recruiting and temporary staffing affiliate of accounting and advisory firm New York-based Marcum LLP (FY17 net revenue of $469.5 million), launched a new division dedicated to executive compensation services for businesses and nonprofit organizations. The division will be led by industry veteran Bruce Overton, who joins the firm as VP.

“Our new Executive Compensation Division is an extension of our core search practice. Our focus is on helping clients manage a fundamental aspect of their human capital operation to ensure it is on target with their business goals and optimizes performance productivity,” says Richard Paris, president of Marcum Search.

“Our strength is in assisting clients with total reward strategies that deliver on their business plan. We cover all of the essential compensation considerations pertaining to the C-suite and the executive Board,” says Overton.

Services include the core areas of establishing the right levels of base and incentive compensation, outside director compensation, executive compensation, Board Compensation Committee advisory services, performance management and the development of total reward strategies.

Moss Adams Names New National Practice Leader and PICs

Gabe Nachand

Gabe Nachand

Seattle-based Moss Adams (FY17 net revenue of $577 million) announced a new national practice leader and three PICS.

“We’re fortunate to have so many capable leaders within the firm who are willing and eager to help further our goals for growth and continued excellent client service,” says Chris Schmidt, chairman and CEO of Moss Adams.

Mark Thoma

Mark Thoma

Gabe Nachand was selected as the national practice leader for the financial institutions practice. He joined Moss Adams in 1995 and has been a partner in the financial services practice since 2005. Nachand works exclusively with financial services companies, many of which are SEC reporting companies. He specializes in enterprise risk management implementation and evaluation as well as technical accounting matters such as allowance methodologies, CECL implementation, acquisition accounting and mortgage operations.

Craig Sanders

Craig Sanders

Mark Thoma was named as the PIC of the Tacoma, Wash., office. Thoma has been with Moss Adams since 1997 and focuses on providing accounting and business advisory services to owner-managed entities with an emphasis on clients in construction, real estate and professional services industries.

Craig Sanders was named PIC of the financial services consulting practice. Sanders has been providing audit and IT security services since 1999 and joined Moss Adams in 2016 as a partner following the firm’s combination with Contineo. Sanders works with clients in the financial services industry to implement core business solutions, internet banking and cash management platforms, business continuity and disaster recovery planning and programs, GLBA compliance and telecommunications and delivery systems.

Brad Smith

Brad Smith

Brad Smith was named PIC of the Eugene, Ore., office. Smith has been with Moss Adams for 18 years. He specializes in working with manufacturing and consumer products companies, ranging from early-stage start-up companies to multinational, privately held entities.

Loeb & Troper Joins BKD

Springfield, Mo.-based BKD LLP (FY18 net revenue of $594.6 million) announced that Loeb & Troper LLP of New York, will join the firm effective July 15.

“We want to extend a warm welcome to our new BKD team members,” says Ted Dickman, CEO. “Loeb & Troper’s commitment to client service will help us achieve our mutual goals as we move forward. In addition, their location in New York City—America’s financial capital—gives us greater access as a firm to key areas of our strategic growth, such as the private equity and capital markets.”

Loeb & Troper—which specializes in audit and consulting services for the health care, managed care, special needs, not-for-profit and education industries—will join BKD’s approximately 2,650 personnel and 280 partners. Their specializations match BKD’s strengths well, as both have a strong focus in health care.

“We are pleased to enter the New York City market with the talented Loeb & Troper team,” says BKD East Region MP Rob Pruitt. “They have been very successful building deep industry expertise by serving the health care and not-for-profit markets. We are excited to leverage the strong foundation they have been building since 1919.”

Loeb & Troper’s staff will stay at their current location on 655 Third Avenue, and the office will be led by BKD MP Ryan Reiff.

EisnerAmper Forms Real Estate Private Equity Group

New York-based EisnerAmper LLP (FY18 net revenue of $360.7 million) announced that it has formed a real estate private equity group.

Based in EisnerAmper’s New York office, partner Lisa Knee will be the national leader of the real estate private equity group. Assisting Knee will be partner Todd Hankin, who will lead the West Coast real estate private equity practice from the firm’s San Francisco office; and partner Maureen Blair, based in the New York office, who will lead the East Coast real estate private equity practice.

Combining the deep expertise of our financial services and real estate industry groups, this new group will be responsible for the delivery of private equity real estate services to clients as well as initiatives to maximize growth in this emerging sector.

Amato Named PIC of Professional Standards Group at Marks Paneth

Michele Amato

Michele Amato

New York-based Marks Paneth LLP (FY17 net revenue of $131.4 million) has announced that Michele Amato has been named PIC of the professional standards group. In this role, Amato will oversee the firm’s compliance with, and implementation of, accounting, auditing and attestation standards, independence and ethics requirements, and quality control standards set forth by leading industry authorities and regulatory agencies.

Previously, Amato served as a director in the professional standards group at Marks Paneth. Prior to joining the firm, she held leadership roles in the audit and quality control departments of other regional and national accounting firms.

“Michele’s extensive experience and intimate knowledge of the regulatory landscape are essential to maintaining our firm’s stringent levels of professionalism,” says Michael McNee, PIC of attest services. “Her oversight of vital quality control functions will be an invaluable asset to both Marks Paneth and every client who places their trust in us.”

Amato is based in Marks Paneth’s New York headquarters, overseeing the quality control, risk management, independence and ethical standards of all office locations.

Citrin Cooperman Admits New Partners

New York-based Citrin Cooperman (FY17 net revenue of $244 million) announced that it has admitted eight directors to partner or principal, effective July 1.

“On behalf of the partners and principals of Citrin Cooperman, I want to congratulate our newest partners and principals,” says Joel Cooperman, CEO of Citrin Cooperman. “We are proud to promote these hard-working, accomplished individuals and we look forward to their continued contribution to our firm’s success. Citrin Cooperman has promoted over 60 people to partner over the past six years, and it is a tribute to them and to our outstanding training and the culture of entrepreneurship and dedication to client service that permeates all of our offices.”

The newly admitted partners and principals include:

  • Kenneth Burstiner, partner, New York
  • Anthony Cilibrasi, partner, White Plains, N.Y.
  • Michael Crawley, partner, Providence, R.I.
  • Brian Lomasky, partner, New York
  • Corey Smith, partner, Providence
  • Blake Spina, partner, White Plains
  • Thomas Walsh, principal, New York
  • Jennifer Sklar-Romano, principal, New York

BDO USA Acquires SWC Technology Partners

Chicago-based BDO USA LLP (FY18 net revenue of $1.5 billion) has completed an expansion of its advisory services practice through the acquisition of Oak Brook, Ill.-based SWC Technology Partners LLC, a provider of IT solutions to middle market businesses throughout the Midwest. SWC has provided clients with technology solutions that optimize productivity, strengthen customer relationships, enhance data sharing and drive profitability for more than 30 years. The transaction brings nine principals and 215 total staff to BDO’s advisory practice.

“We are extremely pleased to add the impressive resources of SWC Technology Partners to our advisory services practice,” says Jay Duke, National MP for advisory services at BDO. “Like BDO, SWC has been a valued business advisor to middle market businesses for many years, providing technology solutions that match the needs of midmarket organizations. In adding SWC, which has more than 400 clients, we’ve added a well-established, regional player that we can build into a market leading national platform.”

SWC specializes in the technology solutions that match the needs of midmarket organizations, including managed services, data analytics, cloud computing and custom application development. This encompasses infrastructure solutions such as unified communications, enterprise networking, directory services and network security; and software solutions including Microsoft Office 365, business intelligence, mobile and CRM development.

“For the last 35 years, we’ve helped leading middle market companies innovate, transform and grow by harnessing information technology to meet their business needs,” says Bob Knott, BDO principal and president of SWC. “By joining BDO, a leading national brand with expansive global resources, we will have a wider platform and more delivery channels to continue building upon our success.”

Bob Knott, Adam Ferguson, Aaron Bianchetta, Ben Brock, Bob Compere, Susie Cummings, Michael Lee, Ric Opal and Aaron Selle are the new principals joining BDO from SWC. SWC Technology Partners will operate as a wholly-owned subsidiary of BDO USA, with all current personnel operating from their existing office in Oak Brook and satellite office in Indianapolis.

Schenck to Move into New Building in Wauwatosa

Appleton, Wis.-based Schenck SC (FY17 net revenue of $80.3 million) announced that it will move into a new office in Wauwatosa, Wis.

“With this move, we’ll be centrally located in the Milwaukee metro area and easily accessible to clients,” says Terry Strittmater, managing shareholder of Schenck’s Milwaukee office. “In addition, the new space will be large enough to accommodate our existing Brookfield and Milwaukee offices, with plenty of room for growth.”

Schenck SC merged in Winter Kloman Moter & Repp on July 1, and currently has three offices in the greater Milwaukee market.

“Our growth has better positioned us to support our clients,” says Daniel Young, president of Schenck. “As a combined team nearly 700 strong, we’ll provide enhanced resources to our clients in the greater Milwaukee area and beyond.”

Groundbreaking is slated for Aug., with building completion expected in June 2019.

WithumSmith+Brown Announces Formation of Digital Currency and Blockchain Technology Services Group

Princeton, N.J.-based WithumSmith+Brown PC (FY18 net revenue of $207.6 million) has announced the formation of a digital currency and blockchain technology services group to address the unique challenges posed by digital assets, cryptocurrencies and blockchain technology. As an extension of the firm’s technology services group, the team provides a deep level of expertise to a diverse client base involved with and entering into today’s new alternative asset class.

“Blockchain technology and the rising use and influence of digital assets/tokens are not a passing trend, they are becoming part of the fabric of our technology community and the possibilities of their impact and disruptions across all industries are unlimited. We are embarking into a new era that can permanently and dramatically change how we do business,” says Chris DeMayo, partner and team leader of the new group. “Cryptocurrencies and blockchain technology pose highly unique challenges, from technology to accounting and regulatory issues – all of which our experienced, forward-thinking team is uniquely prepared to address on a client-by-client, industry-by-industry basis.”

Led by DeMayo, the digital currency and blockchain technology services group is made up of a team of 12 experts including thought-leaders Deep Gujral, principal; Carl Scheuten, partner; Joe Murray, manager; and Ryan Babiak, partner among others. The firm also is a member of, or accredited by, several prominent industry groups including the Accounting Blockchain Coalition, established to foster best practices in navigating accounting issues related to digital assets, and the Wall Street Blockchain Alliance.