Raich Ende Malter & Co. LLP (REM) and Stein deVisser & Mintz, P.C. announced today the merger of the two firms, effective November 1, 2016. The name of the combined firm will be Raich Ende Malter & Co. LLP.
“We are always looking to merge with accounting firms that are not only located in the New York metropolitan area, but also, and more importantly, complement or expand our current service offerings or the industries we serve,” noted Ellis Ende, Managing Partner of REM.
Cornelius V. Kilbane Jr., the Managing Partner of REM’s New York Office and the one who orchestrated the merger, said, “It is an honor to have Stein deVisser & Mintz join our firm. With its exemplary tax and consulting practice focused primarily on the needs of those high net worth individuals who fuel and drive our local New York economy, Stein deVisser & Mintz are our idea of a perfect fit.”
Keith J. deVisser, Managing Partner of Stein deVisser & Mintz, concurred. “Our merger with REM, a firm consistently ranked amongst the top regional accounting firms in the New York metropolitan area, will offer our clients with a larger menu of services and resources. The merger provides our clients with access to more specialized professionals who have a strong national and international reach. At the same time, it offers more opportunities to our employees. Indeed, for our clients and for us, the merger is nothing less than win-win.”
On a combined basis, revenues will exceed $60 million, and the firm will have approximately 50 partners and 200 employees, thereby making REM one of the top ten regional accounting firms in New York.
About Raich Ende Malter & Co. LLP
Raich Ende Malter (REM) is a regional accounting firm of distinction. Headquartered in New York City, it is consistently ranked one of the top 25 accounting firms in New York, one of the top 20 in the mid-Atlantic region, and one of the top 100 in the country. REM provides forward-thinking audit, tax, and business advisory services to over a dozen industry sectors. It serves businesses ranging from multigenerational family-run enterprises to publicly-traded companies, to organizations that serve the public good as not-for-profit organizations. REM has specialized practices in industries that are key to the economic makeup of New York City and its metropolitan region. These include real estate, financial services, manufacturing and distribution, and wealth management for high-net-worth individuals residing in New York. REM is an independent member of PrimeGlobal, a worldwide network of independent accounting and business advisory firms in 90 countries, with 13,000 professionals. The combined worldwide revenue of independent members firms is $2 billion.
About Stein deVisser & Mintz, P.C.
Founded in 1985, Stein deVisser & Mintz, P.C. is a full service accounting firm located in New York. Aside from providing assurance, tax, and business advisory services to privately-held businesses and not-for-profit organizations, it offers a full menu of financial, retirement, and estate planning services to high net worth and professional individuals, and to their families. As a boutique firm, it built its reputation by working closely with its clients to maximize financial goals and minimize liabilities.