BKD Adds Illinois Accounting FirmPosted: Updated:
A CPA and advisory firm with a strong presence in the state is joining forces with an Illinois accounting firm. Chicago-based Wolf & Company is set to become part of BKD LLP in November.
September 29, 2014
Indianapolis, Ind. -- Ted Dickman, CEO of national CPA and advisory firm BKD, LLP, is proud to announce that BKD and Chicago-based accounting firm Wolf & Company are joining forces. Wolf will officially become part of BKD on November 1, 2014.
"BKD and Wolf are an excellent fit for each other," Dickman said. "In addition to our cultural similarities, both firms focus on offering high-quality service to clients and rewarding career opportunities for our associates. This combination gives us a strong physical presence in the nation’s third-largest market, where we have been looking to get on the ground for several years."
Wolf is one of the Chicago metropolitan area's leading CPA and advisory firms, providing a range of services, including wealth management and personal financial planning, to more than 2,000 clients from locations in Oakbrook Terrace and downtown Chicago, Illinois. The addition brings about 140 personnel into the BKD team, including 18 partners. Wolf Managing Partner Russell Romanelli will join BKD as managing partner of BKD Chicago, which will primarily serve clients from its Oakbrook Terrace office.
"This is going to have huge benefits for Wolf, BKD and our clients," Romanelli said. "Together, our vast knowledge and resources will help us provide better service to an increasingly complex mix of clients."
BKD’s thought leadership spans many industries and service areas, including wealth management, private equity, corporate finance, business transition, international business, forensics, valuation and technology. Wolf serves many of the same industry niches as BKD, including health care, manufacturing, construction, financial services and not-for-profit.
By adding Wolf, BKD now has 34 offices in 15 states and $475 million in revenue. The firm’s approximately 2,250 personnel, including more than 260 partners, serve clients in all 50 states and internationally. BKD provides a wide range of assurance, tax and accounting outsourcing services. The firm also provides specialized consulting to numerous industries, including health care, financial institutions, insurance, manufacturing, distribution, construction, real estate and energy, along with not-for-profit organizations, governmental entities, colleges and universities.
BKD already serves more than 200 clients in the Chicago area and has one Illinois office in Decatur.
BKD, LLP, a national CPA and advisory firm, helps people and businesses realize their goals. Our 2,100 professionals, including approximately 250 partners, offer solutions for clients in all 50 states and internationally. BKD and its subsidiaries offer clients a variety of services, and we combine the insight and ideas of multiple disciplines to provide solutions in a wide range of industries. To learn more, visit bkd.com.
Praxity, AISBL, a global alliance of independent firms, enhances BKD’s ability to serve the dynamic needs of multinational clients. Praxity™ provides the gateway to tax, assurance and consulting services delivered by alliance firms committed to the highest standards required in international business.
Source: BKD LLP