New York Accounting Firms Strengthen Presence
In a strategic move to expand its foreign client base, increase its international profile and provide clients with access to legal and accounting firms around the globe, Prager and Fenton LLP, an 11-partner New York City CPA firm, has joined MSI Legal & Accounting Network Worldwide (MSI). The firm will represent the clients of member firms in 95 countries when accounting and tax services are needed in the New York City territory.
Bob Bandman, a partner in the firm, says: “We expect our MSI membership to help us not only retain the business of clients needing representation in states and countries where we don’t have offices, but also to develop business opportunities through other members’ client bases whenever they need to do business in New York City.”
Prager and Fenton LLP has a history going back some 80 years, and provides auditing, tax (domestic & international), and business management services to a wide cross section of industry sectors, including entertainment and intellectual property, real estate, not for profit, and service related businesses.
Also joining MSI in New York State is Giambalvo Kilgannon & Giammarese CPA PC, a Long Island accounting and tax services firm. Located in Babylon, the firm serves clients doing business not only in Long Island, but in some 30 states and a number of international markets including Mexico, Switzerland, Germany and China.
This dual presence in New York State enables MSI to provide the clients of member firms with access to two strong CPA firms whose geographic locations and range of services perfectly complement one another. James Hickey, MSI’s Development Manager, says: “These two firms, coupled with our Newark, NJ headquartered law member McCarter & English, LLP and our Saddle Brook, NJ based accounting member Rotenberg Meril Solomon Bertiger & Guttilla PC, give MSI a very strong presence in the New York/Newark business marketplace. As MSI consolidates its position in the North American and wider global marketplace, its law and accounting members can provide clients with a seamless service wherever their needs require.”
These recent appointments bolster MSI’s presence in North America, and increase the number of member firms to 52 in the United States alone, with over 2,000 professional staff members.