NEW YORK, Jan. 5, 2021 /PRNewswire-PRWeb/ -- PKF O'Connor Davies, LLP, one of the nation's largest accounting, tax, and advisory firms, announced today that Bonamassa, Maietta & Cartelli, LLP (BMC), a full-service public accounting firm in New York City, has joined the Firm. BMC brings three partners and a group of experienced professionals to PKF O'Connor Davies. This new partnership expands the Firm's expertise in the insurance sector along with other key practice areas and is part of a broader ongoing strategic growth initiative.
"This new partnership comes at the right time for the Firm as we look to deepen our insurance industry expertise and add additional resources in our hometown of New York City," said Kevin J. Keane, Managing Partner at PKF O'Connor Davies. "We welcome BMC to PKF O'Connor Davies and look forward to delivering greater results for clients as part of this new strategic partnership."
Established in 2000, BMC's services include audits, reviews and compilations of financial statements, preparation of tax returns, estate planning, and other management advisory services. It serves a wide range of industries and has developed a significant niche in providing auditing, accounting, and tax services to property and casualty insurance companies. It currently operates offices in Manhattan and Brooklyn.
"From our earliest conversations, it was clear that our firms share a deep commitment to understanding the business needs of our clients," said Lawrence F. Maietta, Managing Partner at BMC. "I look forward to seeing what we can accomplish as we join forces with the PKF O'Connor Davies team and offer valuable insight and impactful solutions for the organizations we serve in the insurance sector and beyond."
PKF O'Connor Davies has 16 offices in six states and continues to expand through organic growth and acquisitions on the East Coast. It has supported this growth with a strategic combination of promoting from within coupled with tactical external hires.
About PKF O'Connor Davies, LLP
PKF O'Connor Davies, LLP is a full-service certified public accounting and advisory firm with a long history of serving clients both domestically and internationally. With roots tracing to 1891, 16 offices in New York, New Jersey, Connecticut, Maryland, Florida and Rhode Island and more than 900 professionals led by over 100 partners, the Firm provides a complete range of accounting, auditing, tax and management advisory services.
PKF O'Connor Davies is a top-ranked firm according to Accounting Today's 2020 "Top 100 Firms" list, and the Firm is also recognized as a "Leader in Audit and Accounting," a "Pacesetter in Growth" and one of the "Top Firms in the Mid-Atlantic." In 2021 rankings, PKF O'Connor Davies was named one of Vault's Accounting 50, a ranking of the 50 best accounting employers to work for in North America, and ranked among the top 50 most prestigious accounting firms in America in a complementary Vault survey. The Firm is the 12th largest accounting firm in the New York Metropolitan area, according to Crain's New York Business, and the 10th top accounting firm in New Jersey according to NJBiz's 2019 rankings.
PKF O'Connor Davies is enrolled in the AICPA Peer Review Program and has central memberships in the Private Companies Practice Section (PCPS), the Employee Benefit Plan Audit Quality Center (EBPAQC), Government Audit Quality Center (GAQC) and Public Company Accounting Oversight Board (PCAOB).
By consistently delivering proactive, thorough and efficient service, PKF O'Connor Davies has built long-lasting, valuable relationships with its clients. Partners are closely involved in the day-to-day management of engagements, ensuring a high degree of client service and cost effectiveness. The Firm's seasoned professional staff members employ a team approach to all engagements to provide clients with the utmost quality and timely services aimed at helping them succeed. Continuity of staffing and attention to detail in all client engagements make the Firm stand out among its competitors.
PKF O'Connor Davies is the lead North American representative of the international association of PKF member firms. PKF International is a network of legally independent member firms providing accounting, tax, and business advisory services in over 400 locations in 150 countries around the world. With its tradition, experience and focus on the future, PKF O'Connor Davies is ready to help clients meet today's ever-changing economic conditions and manage the growing complexities of the regulatory environment. For more information, visit http://www.PKFOD.com.
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Kathleen O'Toole, PKF O'Connor Davies, 551-249-1730, [email protected]
SOURCE PKF O'Connor Davies