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March 31, 2010

Baker Tilly adds Florida firm

Baker Tilly International has admitted large US firm Morrison, Brown, Argiz & Farra (MBAF), which is based in Miami, South Florida.

MBAF has 29 partners, more than 200 CPAs and in 2008 reported annual fee income of $59m.

The firm provides a full range of services, including audit, tax and accounting, litigation support, business valuation and technology consulting.

MBAF is strong in niche sectors including auto motor dealership, community banks, broker dealerships, healthcare, IT consulting and non-profits.

“We are the largest Florida independent firm, not including the Big Four,” MBAF managing partner Tony Argiz said.

Argiz said that in terms of the number of CPAs, MBAF is larger than all firms apart from Deloitte in South Florida.

MBAF, previously a member of CPAmerica and Leading Edge Alliance, said a big selling point to join Baker Tilly International was the connection it would gain with Baker Tilly International member firms in South and Central America.

“It made us open our eyes with the gateway into the Americas, so we thought it was the perfect situation and perfect fit to join the network at this point in time,” Argiz said.

“Being in Miami, we have a huge international presence but I think that with an organisation such as Baker Tilly International it will provide us an even bigger international footprint.

“[As a result of joining Baker Tilly International] I expect to provide outward referral work but I think the inward work might be even greater, primarily because of our location as a gateway to Latin America.”

Argiz said Baker Tilly International was particularly interested in the fact that about 50% of MBAF staff are bilingual and in some cases trilingual.

Argiz said the firm has plans to double in turnover but in a measured way.

Baker Tilly International’s US member firms reported combined revenue of $1.33bn in the year to 31 December 2009. The network of independent firms has about 5,600 professionals in nearly 100 offices in the country.

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