East Coast Firm Moves into Los Angeles

A Maryland-based accounting firm is continuing its westward expansion with the addition of an office in the Los Angeles (LA) area that will focus on commercial real estate clients.

Reznick Group, CP, of Bethesda, said it plans to hire 20-25 staff for its new office in Century City. The new office brings the company’s total locations to eight, with two in California. Reznick opened its first West Coast practice in Sacramento in 2003.

Reznick Group, established in 1977, says it currently employs about 1,000 people. Inside Public Accounting ranks it No. 17 in the U.S. in size. The new office adds to the firm’s presence in the Mid-Atlantic, Atlanta and Chicago.

CPA Scott Farb was hired to manage the LA office. He is responsible for building the business in Southern California, as well as Reznick’s commercial real estate practice, the company says. While the office is new, the firm is no stranger to LA, the firm says.

"We have been serving clients in California for almost 30 years and are excited to expand our physical presence in the state under Scott's leadership," said Firm Managing Principal Kenneth E. Baggett. "Opening an office in Los Angeles will help us better serve our Southern California clients and better position ourselves in that market."

Farb has experience with closely-held public and private real estate companies, and has served public, private and institutional real estate clients. Prior to joining Reznick Group, Farb was in charge of Gumbiner Savett Inc.'s National Real Estate Group. He had been a senior partner at Kenneth Leventhal & Company prior to the merger with Ernst & Young in 1995.

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Jul 16
Hand off work to others with finesse and success. Kristen Rampe, CPA will share how to ensure delegated work is properly handled from start to finish in this content-rich one hour webinar.
Jul 17
This webcast will cover the preparation of the statement of cash flows and focus on accounting and disclosure policies for other important issues described below.
Jul 23
We can’t deny a great divide exists between the expectations and workplace needs of Baby Boomers and Millennials. To create thriving organizational performance, we need to shift the way in which we groom future leaders.
Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.