Chicago, IL – BDO USA, LLP, one of the nation’s leading accounting and consulting firms, today announced an expansion of its South Florida practice through the addition of just over 100 staff, including 14 partners, from Goldstein Schechter Koch (GSK). Founded in 1949, GSK provides a full range of accounting, tax and wealth advisory services to a client base of public and private middle market businesses, nonprofits and high net worth individuals.
The firm, which has offices in Coral Gables and Fort Lauderdale, has significant strength in the nonprofit, pension plan, real estate, restaurant, distribution, and insurance industries. GSK has been a member of BDO Alliance USA since 2004. Combined with BDO’s existing offices in Lakeland, Miami, Orlando, Tampa, West Palm Beach and Winter Haven, BDO will have more than 300 professionals serving Florida clients. The combination of BDO and GSK is subject to customary closing conditions and is expected to be completed prior to the conclusion of Q3.
The transaction also includes the services currently offered by GSK Wealth Advisors, a fee-based registered investment advisory firm that provides clients with customized portfolio management solutions and tax sensitive investment strategies.
“I want to welcome the GSK partners and staff to BDO. This combination greatly increases our critical mass in the important South Florida market and adds significant resources to our growing wealth advisory practice,” said Wayne Berson, CEO of BDO USA. “Through our previous Alliance relationship, we have a history of collaboration on client work and business development with our new partners and staff. This familiarity will be extremely valuable as we integrate the GSK practice with BDO.”
“As members of the BDO Alliance USA, we have enjoyed working alongside BDO partners and staff for many years. BDO has a very compatible service philosophy that will make our transition into the firm as seamless as possible,” said Sanford B. Horwitz, CEO of GSK.
“We’ve established a long history of creating strong relationships with emerging businesses and entrepreneurial individuals. By combining with BDO we will build on that tradition by bringing our clients a wider array of solutions, broader industry experience, and the full coverage of BDO’s global network. BDO has a very similar culture to our own and the firm’s reputation as a favorable workplace also fits well with our focus on our people, who will now have access to many more opportunities to pursue career growth,” said Vince Carrodeguas, COO of GSK.
Upon completion of the transaction, all GSK professionals will continue to serve their loyal clientele with the added resources of BDO. South Florida is an international community and BDO brings extensive global resources.
BDO will maintain all of the current BDO and GSK office locations in South Florida (contact information below). –
More information here
by Jerry Walsh
Compliments of BDO USA, LLP – a member of the EACCNY