Marks Paneth Launches New Cybersecurity Services

New York-based Marks Paneth (FY17 net revenue of $131.4 million) has launched a number of new cybersecurity and risk mitigation services to address clients’ data security issues. Services include incident response, cyber risk assessments, business recovery plans and compliance with payment card industry (PCI) and HIPAA regulations.

“We are passionate about helping our clients succeed and finding ways to keep their businesses moving forward,” says MP Harry Moehringer. “Providing cybersecurity support alongside our other advisory services makes it easier and more accessible for our clients to determine the best way to protect their sensitive data and reduce risks to their business continuity.”

Marks Paneth’s cybersecurity offerings are provided through a strategic alliance with Sylint Group, an internationally recognized cybersecurity and digital data forensics firm and one of only 15 firms in the U.S. accredited by the National Security Agency (NSA). The new suite of services also includes digital forensic, expert witness and private investigation services that aid in uncovering fraud and preparing for potential and pending litigation.

Bonadio Group Plans Expansion into Texas Market

Jeff Wexler

Pittsford, N.Y.-based The Bonadio Group (FY18 net revenue of $97.9 million) announced it is entering the Dallas-Fort Worth, Texas, market.

Bonadio is opening an office in Irving, Texas. The office will be led by Jeff Wexler, a Bonadio partner. He says the firm will be adding several new hires in the coming months to serve the firm’s Dallas-area clients.

“We have many clients with a presence in the Dallas-Fort Worth metroplex, so this office will not only better serve these existing clients but also allow us to build on this foundation and introduce our firm to a new client base,” Tom Bonadio, CEO of Bonadio Group, said in statement. “Our growth has historically been the result of a mix of high demand, solid strategy, and acquisition. Jeff’s leadership ensures this office will be a fit for our culture from day one.”

The firm’s focus in the Dallas-Fort Worth area will be private-equity firms and their portfolio companies, construction contractors, real-estate developers and manufacturers.

The Bonadio Group now has more than 750 employees.

Kerkering Barberio Offers International Tax Consulting in Tampa Office

Chris Corneroli

Sarasota, Fla.-based Kerkering, Barberio & Co. (FY17 net revenue of $16.7 million) has recently expanded its Tampa, Fla., office to include international tax consulting and advising. Christopher Corneroli will provide individual and business tax compliance and consulting to clients with international reporting requirements who are seeking to navigate the U.S. tax system.

The Kerkering Barberio international tax team offers consulting and advising to both U.S. citizens and residents who have financial assets and holdings in foreign countries, as well as non-U.S. residents who invest in the U.S. With the recent implementation of new laws under the Tax Cuts and Jobs Act of 2017, many potential pitfalls exist for U.S. citizens, residents and non-residents.

“A lot has changed with our country’s new tax laws, and it’s important to understand the tax implications faced by when making personal and business decisions,” says Corneroli.

Applied Artificial Intelligence Leader Joins Grant Thornton

JT Kostman Ph.D.

JT Kostman, Ph.D., an internationally recognized leader in cognitive computing, applied artificial intelligence and data strategy, has joined Chicago-based Grant Thornton (FY17 net revenue of $1.75 billion) as managing director of applied artificial intelligence.

In this new role, Kostman will lead the development and delivery of artificial intelligence, machine learning, IoT, blockchain, and advanced analytic solutions and services for the firm and Grant Thornton clients. He will be based in the firm’s Iselin, N.J., office.

Kostman is a data scientist, mathematician and psychologist renowned for his expertise in applied artificial intelligence and cognitive computing. He has served as chief data officer and a member of the executive committee for Time Inc., chief data scientist for Samsung, and chief data scientist and big data psychologist for Aptus Insights. In addition to his corporate experience, Kostman has served U.S. intelligence, security and defense agencies, including the CIA, FBI and Department of Homeland Security, as well as President Obama’s 2012 re-election campaign.

“Grant Thornton and I are like-minded in our views on the potential for artificial intelligence, machine learning, IoT, and robotics to improve operations and create new opportunities,” Kostman said in a statement. “We share a commitment to helping enterprises move past the hype and focus on how they can use these technologies to improve their businesses. It’s all about bottom-line outcomes.”

Dean Dorton Launches Wealth Management Practice

Lexington, Ky.-based Dean Dorton Allen Ford (FY17 net revenue of $30.8 million) has launched Dean Dorton Wealth Management.

Dean Dorton has provided public accounting services regionally, nationally and internationally for decades and now desires to serve their clients in an even more holistic manner by incorporating integrated wealth management services.

“Each of our clients’ personal and professional aspirations may be unique to them, but when it comes to their financial objectives, our clients share the same desire: to build and manage wealth throughout their lifetimes in order to achieve the goals they’ve set for themselves and their families,” says David Bundy, Dean Dorton President and CEO. “We are proud to bring wealth management expertise and resources to our current and future clients in order to bring clarity to their financial situations and to help them define their goals, make smart investment choices, plan for the future and, ultimately, pursue their most fulfilling life.”

As an independent, registered investment advisor based in Kentucky, Dean Dorton Wealth Management will offer a broad range of services including retirement planning, investment consulting, portfolio management and a host of other holistic financial planning services. In addition, the firm will deliver a tax-efficient approach to all of their services through collaboration with parent company Dean Dorton.

Dean Dorton Wealth Management will be led by David Parks, who has a long history with Dean Dorton. As a CPA, who is also accredited in business valuation, he has more than 30 years of experience in providing tax, business valuation and other financial consulting services to individuals and businesses in the region. Bundy, who manages Dean Dorton, will also serve as a senior advisor in the wealth management practice. Together, they will be responsible for serving clients and managing all aspects of operations, including support staff.

Dean Dorton Technology Launches Full-Service Cybersecurity Services

Gui Cozzi

Dean Dorton Technology, of Lexington, Ky.-based Dean Dorton Allen Ford (FY17 net revenue of $30.8 million), a provider of managed IT, software, hardware and cloud solutions, announces the launch of its cybersecurity practice.

Leading the practice is Gui Cozzi, who joins Dean Dorton Technology with more than 20 years of experience in cybersecurity. He has successfully implemented pragmatic and risk-based security programs to meet compliance with organizations’ security requirements. Gui leads a team responsible for delivering enterprise cybersecurity services and personally specializes in information security program development, implementation and assessment.

Prior to joining Dean Dorton, Cozzi served in various information security leadership roles, including implementing the security risk management program for one of the nation’s largest health systems, leading teams of cybersecurity consultants, and serving as chief information security officers for organizations in various industries.

As enterprise cybersecurity awareness continues to evolve, so do the layers of protection any business or nonprofit organization needs. From user awareness training to vendor management, Dean Dorton Technology’s new cybersecurity team helps clients regularly diagnose, manage and mitigate their cybersecurity risks, the firm says.

Jason Miller

Dean Dorton Technology’s team provides holistic solutions that can be scaled from small nonprofit organizations to large public companies.

“As cyberattacks become an everyday occurrence, it is essential organizations adapt their cyber-governance programs and take proactive steps to ensure they are compliant and protected across the board,” says Jason Miller, director of business consulting services. “Many security controls and systems are behind the scenes and until they are comprised organizations may not know if they are providing the level of protection they expect and at that point too much damage has already occurred.”

Janover LLC Launches Cannabis Industry Practice Group

Marsha P. Ellowitz

Garden City, N.Y.-based Janover LLC (FY17 net revenue of $30 million) announces that it has launched its cannabis industry practice group, headed by Marsha Ellowitz and Jason Hoffman, who have focused on this industry for over five years.

Janover works closely with their clients in the cannabis industry to properly structure business entities so that legal and tax advantages are optimized. The firm offers these clients a broad spectrum of traditional services, as well as, IRC Section 280E compliance and business valuation, which are critical for clients in the cannabis industry.

“We listened to our clients’ needs in the cannabis industry and determined that it was imperative to expand our offerings,” notes Mark Goodman, Janover’s MP.  “Our cannabis industry practice group builds value for our current clients, and will attract new clients within this evolving field.”

Berdon Names New CIO, Launches Berdon Technology Services and Digital Asset Advisory Practice

Clifford Forrester

Clifford Forrester

New York-based Berdon (FY17 net revenue of $121.1 million) has named Clifford Forrester as its CIO after serving as head of IT for a global law firm and the global IT and security manager for a top 100 law firm. The addition of Forrester is coupled with the firm’s formal launch of Berdon Technology Services and Digital Asset Advisory Practice.

“These key investments are the direct reflection of our commitment to offer more innovative and efficient solutions to our current and future clients in a context of unprecedented technological advancements that continue to change the face of business in all industries,” says MP Mark Bosswick.

Berdon Technology Services (BTS) advises businesses on a variety of IT-related matters, including cybersecurity custom programming, mobile application development, infrastructure build-outs, and more. In addition, it offers a host of IT support services, such as outsourced CTO and/or CIO, help desk services, disaster recovery and cloud computing, among other areas.

“As a business leader, I know first-hand how critical it is for organizations to have a solid and secure IT foundation,” says Bosswick. “BTS nicely complements our current array of client service offerings and further enhances our ability to help businesses achieve their strategic objectives.”

Berdon’s Digital Asset Advisory Practice, which is led by Evan Fox, focuses on providing tax and consulting services in the still-evolving cryptocurrency/digital asset arena, helping Berdon clients navigate the complex and often unsettled tax, accounting and technical aspects of digital assets.

“The addition of these new service lines allows us to grow with the continuously evolving needs of our clients by helping them plan for future changes and achieve their short and long-term objectives,” says COO Rebecca Goodman-Stephens.

EisnerAmper Launches Process, Risk and Technology Solutions

From compliance to technology to operational risk, company leadership is constantly identifying challenges in assessing, preventing and mitigating the evolving threats that confront their companies daily. That’s why New York-based EisnerAmper (FY18 net revenue of $360.7 million) has launched a suite of process, risk and technology solutions to connect a company’s operational, financial and technological departments.

EisnerAmper professionals offer the following services:

  • Internal audit and regulatory compliance – Increase the efficiency of active programs, modernize internal audit processes and procedures, and perform risk assessments to identify internal control gaps.
  • IT risk and cybersecurity – Methodically examine technology, operations, services, goals and objectives. Offer pragmatic solutions and an action plan to control risks surrounding security and privacy, financial processes and reporting, and business processes and compliance.
  • Digital solutions and process transformation – Assess current processes and identify technology integration opportunities including artificial intelligence, robotics process automation, service with software and other emerging technologies.

“Our process, risk and technology solutions professionals are far more than IT advisors,” says national practice leader Jerry Ravi. These industry experts will take a 360-degree view of a client’s risk-exposure points and provide a detailed roadmap to help them fortify and enhance their business and performance outcomes.”

Xero Acquires Hubdoc

Cloud accounting software maker Xero has announced that it has acquired Hubdoc.

“This means we’ll be able to accelerate delivering Xero’s vision for code-free accounting. We want to help accountants and bookkeepers focus their efforts on making sense of a small business’ financial data – not collecting it,” Xero announced.

Hubdoc is used to streamline administrative tasks such as financial document collection and data entry. Xero says the benefits to the combination are streamlined data capture, real-time financial data and organized and verified data.

The Hubdoc team will continue to operate on a stand-alone basis until the products are integrated. “Over the longer term, customers can expect to see a deeper, more powerful integration between the Xero and Hubdoc platforms. While we’re excited about this integration, it’s also important to note that Xero will always be an open ecosystem. That means that customers have the choice to use the apps that best meet their individual needs,” Xero says in a release.