Well, it's official, ParenteBeard is no more. The merger was effective October 1, and Baker Tilly has wasted no time slapping their logo all over Internet real estate that once belonged to ParenteBeard. We haven't heard any further grumblings of layoffs or general discontent, but if you know something we don't, you know what to […]
Back in June, we learned that Baker Tilly was in merger talks with ParenteBeard. Unlike certain accounting firms in merger talks that shall remain nameless, it seems at least on the Parente side there was nothing to hide. Who wouldn't want to be proud to be the 12th largest accounting firm in the country post-merger? […]
Yes, Baker Tilly. We believe in equal opportunity kvetching when it comes to public accounting employees and their pay. We received this tip in the tip box late yesterday: Ratings and promotions have been announced for Baker Tilly, at least in the Greater Wisconsin region. Compensation talks shouldn't be far behind. Now, because ParenteBeard is […]
We were tipped to this about two weeks ago but unfortunately our tipster failed to include an email address or any details that we could confirm (THANKS A LOT, GUY). Now, we could have just run it but that would go against our journalistic sensibilities, so we sat on it until we could get to […]
ParenteBeard, the largest accounting firm based in Philadelphia with nearly 1,000 partners and staff in 19 offices in Pa., N.J., and N.Y., laid off 22 employees on June 2, including 6 from its Philadelphia-South Jersey region, the rest spread around the firm's network of central Pennsylvania, New York and North Jersey offices. Separately, Albert Miller, […]
This is quite the impressive move by Bravo Delta Oscar. The firm issued this press release earlier today: BDO USA, LLP, one of the nation’s leading professional service organizations, today announced an expansion of its financial institutions practice through the addition of 12 partners and as many as 97 employees formerly with the banking practice […]
Joe DiStefano has nice scoop over at PhillyDeals about twelve ParenteBeard partners packing it in — sounds like it was unexpected — and taking their services over to Bravo Delta Oscar: According to industry sources, Richard T. Farrell from the firm's Philadelphia office, Alan Molin from its Clark, New Jersey office, and other audit partners […]
ParenteBeard, the 23rd largest CPA firm on the whole damn planet, issued the following press release earlier this month. This holiday season, ParenteBeard, a top 25 U.S. accounting firm, is helping to balance the books of what would be the largest nonprofit in the world: Santa, Inc. […] ParenteBeard began its audit of Santa, Inc. […]
We know you’ve been anticipating the new name of the merged firm of Parente Randolph and Beard Miller like it was the most recent offspring of Bragelina and we’re happy to report that the two Pennsylvania firms have finally made their decision.
The new firm, which was officially born on October 1st, will be known as ParenteBeard, LLC. Sadly, we were pulling for simply “Beard”, if for no other reason, in honor of Ken Lewis’s sporting of facial hair to work, but what the hell do we know about naming firms? Web CPA quotes their reasoning:
“We selected the name ParenteBeard after considering the collective strengths and attributes of both firms and the significance of this combination,” said [CEO, Bob] Ciaruffoli in a statement. “Our new name honors our histories, while positioning the union as one firm, ParenteBeard.”
Still not convinced about the choice but maybe we don’t know the whole story. Perhaps there’s a serious case of pogonophobia among the top brass. If you’ve got better suggestions for the new firm’s name or discuss your own fear of beards, chinstrap or otherwise, discuss in the comments.
Parente Randolph and Beard Miller Merge into ParenteBeard [Web CPA]