The 2014 Nationwide Fastest-Growing Firms · 2014-12-15 · The Fastest-Growing Firms Over $15...
Transcript of The 2014 Nationwide Fastest-Growing Firms · 2014-12-15 · The Fastest-Growing Firms Over $15...
OCTOBER 2014 INSIDE PUBLIC ACCOUNTING / 7
COPYRIGHT ©2014 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT.
The 2014 Nationwide Fastest-Growing Firms
There are many ways to achieve growth, and firms around the country are looking for the
model that best fits their environment, practice mix and culture. Many firms choose to grow
by acquisition, and can quickly grow by 50%, 75%, or in rare cases, 100% in one year.
IPA chooses to recognize those firms that are growing organically – through solid business
development efforts, niche development, new service offerings and finding more services to
provide current clients. IPA
Fastest-Growing Firms Over $15 Million
The Fastest-Growing Firms Over $15 Million averaged 17% organic revenue growth last
year. As a group, their practice mix is made up of audit (36.5% of total net revenue), tax
(30.1% of total net revenue) and non-traditional services making up one-third of the total.
Significant service areas for these firms include computer consulting, wealth management
services, health care consulting, governmental consulting, payroll processing and fund
administration, to name a few. IPA
THE 2014 FASTEST-GROWING FIRMS OVER $15 MILLION
GROWTH RANK
FIRM / HEADQUARTERS 2014
NET REVENUE 2014
GROWTH
1 Reinsel Kuntz Lesher LLP / Lancaster, Pa. $45,205,179 21.8% 2 Frazier & Deeter LLC / Atlanta $52,983,000 20.1% 3 Alexander Aronson Finning & Co. PC / Westborough, Mass. $20,300,000 17.6% 4 BerryDunn / Portland, Maine $51,754,469 17.0% 5 Holthouse Carlin & Van Trigt LLP / Los Angeles $84,710,304 16.7% 6 Montgomery Coscia Greilich / Plano, Texas $33,540,000 16.0% 7 HW&Co. / Cleveland, Ohio $16,762,373 15.8% 8 O’Connor Davies LLP / Harrison, N.Y. $98,000,000 15.5% 9 Honkamp Krueger & Co. PC / Dubuque, Iowa $43,698,342 15.3% 10 Lutz / Omaha, Neb. $27,097,439 14.5%
Source: INSIDE Public Accounting
Copyright ©2014 The Platt Group / INSIDE Public Accounting / (317) 733-1920 / www.insidepublicaccounting.com
OCTOBER 2014 INSIDE PUBLIC ACCOUNTING / 8
COPYRIGHT ©2014 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT.
Fastest-Growing Firms $2 Million - $15 Million
The Fastest-Growing Firms $2 Million - $15 Million averaged 28% organic revenue growth
last year. As a group, their practice mix is made up of audit (47.1% of total net revenue), tax
(43.2% of total net revenue) and non-traditional services making up 9.7%. Three of these 10
firms report they have a business development director on staff, assisting with generating
these enviable growth rates. IPA
THE 2014 FASTEST-GROWING FIRMS $2 MILLION - $15 MILLION
GROWTH RANK
FIRM / HEADQUARTERS 2014
NET REVENUE 2014
GROWTH
1 DK Partners PC / Austin, Texas $3,794,084 50.0% 2 Richey May & Co. LLP* / Englewood, Colo. $10,221,153 37.5% 3 Moss Krusick & Associates LLC / Winter Park, Fla. $4,201,149 35.5% 4 Whaley Hammonds Tomasello PC / McDonough, Ga. $3,609,841 26.7% 5 Krost Baumgarten Kniss & Guerrero / Pasadena, Calif. $9,506,000 24.0% 5 Desroches Roth LLP / Houston $2,736,000 24.0% 7 Mowery & Schoenfeld LLC / Lincolnshire, Ill. $7,267,651 23.7% 8 SB & Company LLC / Hunt Valley, Md. $7,800,000 21.0% 9 Hughes Snell & Co. PA / Fort Myers, Fla. $3,812,386 19.0% 10 Larson & Company PC / Sandy, Utah $6,947,134 18.5%
Source: INSIDE Public Accounting
*Second consecutive year on the overall Fastest-Growing Firms List.
Copyright ©2014 The Platt Group / INSIDE Public Accounting / (317) 733-1920 / www.insidepublicaccounting.com
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