Roth&Co is pleased to announce the acquisition of E.C. Ortiz & Co., LLP, an accounting and financial services firm based in Chicago, Illinois, with 45 accounting professionals and over 40 years of experience.

The deal expands Roth&Co’s regional reach to the Midwest, and broadens their service capabilities to include governmental entities among a variety of deep financial specialties. As of July 1st, 2020, E.C. Ortiz will operate under the Roth&Co brand.

The acquisition increases Roth&Co’s headcount to 14 partners and over 160 accounting professionals, with offices now in New York, New Jersey, Illinois and Israel. Roth&Co is the recipient of Inside Public Accounting’s Fastest Growing Firm award in 2019.

Both Roth&Co and E.C. Ortiz carry a respectable legacy of accounting and financial services, with Roth&Co founded in 1978, and Ortiz in 1974. Roth&Co was founded by Abraham Roth to service the accounting needs of local businesses and the nonprofit community. In the decades that followed, Roth&Co expanded to serve growing organizations across the Northeast and the U.S. at large, becoming a full-service solution with departments dedicated to taxation, assurance and advisory services.

The new addition to Roth&Co’s portfolio of businesses provides a strong foothold in the Midwest and adds a slate of real estate, healthcare and government entities to their already robust client base.

“E.C. Ortiz’s sterling reputation, local relationships and specialized services make them the perfect partner for our continuous expansion,” says Zacharia Waxler, co-managing partner of Roth&Co. “The acquisition allows us to continue to innovate and grow with our client community. It’s a win-win both for us, and for our clients,” he continued. “Roth&Co’s resources have just expanded exponentially, while client experience, relationship management and fee structures remain unchanged.”

Ortiz brings extensive experience in federal and state compliance, healthcare compliance and financial audits. “We couldn’t be more excited to join the Roth&Co family,” says Ortiz founder Ed Ortiz, who remains on board as one of the partners of the Illinois location. “We share the Roth&Co commitment to excellent, relationship-based financial services, and see the immediate value in combining resources for the benefit of our teams, clients and communities.”

Explore the site to see how your business can take advantage of our expanded suite of financial services.

Roth&Co is honored to once again to be listed on Inside Public Accounting’s annual ranking of the top 300 accounting firms in the country. Inside Public Accounting is a highly regarded independent publication, which produces one of the most comprehensive benchmarking reports in the industry. Roth&Co has been listed as one of the top 300 firms three years in a row, and they have steadily moved up the ranks to become one of the most respected and valued firms in their class.

When asked about the continued growth and success of Roth&Co, Co-Managing Partner Zacharia Waxler replied “Here at Roth&Co, we have always believed that the success of our firm is tied to the success of the community.” He continued, “We therefore take enormous pride in the dozens of community members we employ and the hundreds of local businesses that we have guided towards success.”

Much of Roth&Co’s steady growth can be attributed to their attention to the community, and them working to actively satisfy the needs of its members. From sponsoring community events and conferences to hosting public workshops and seminars, Roth&Co makes it a priority to provide the people of the community with the services that they need.

In this vein, Roth&Co has recently begun offering outsourced CFO services, ideal for businesses that need a CFO, but do not have the resources to maintain one in-house. They also provide not-for-profit compliance services, for schools to ensure that they are meeting all government regulations and standards. Their robust tax resolution services for businesses and individuals help with IRS negotiations, lien removals, and government tax audits. They are also ever expanding the Advisory Services that they offer, to include supplying formal business valuations, litigation support, due diligence, and quality of earnings reports, among their wide breadth of other services.

In their own words, Roth&Co “has been carefully guiding businesses through the complicated maze of the financial world,” and for over 40 years they’ve continually looked for ways to provide additional resources for its clients and community members.

Roth&Co was founded in 1978 by Abe Roth, with a vision of building a firm on a set of values designed not just to create a better future for its clients and employees, but to positively impact our community and the world around us. Over four decades later, Roth&Co now has four locations, relationships that span more than four decades, and over 100 specialized employees ready to serve as trusted guides through the complicated maze of the financial world. For more information or to speak with a professional, visit www.rothcocpa.com or call 718-236-1600

Roth&Co is proud to announce the launch of its new Outsourced CFO Services, which provides a full suite of CFO services managed by an experienced and knowledgeable Controller.

Roth & Company prides itself on providing the personalized services of a boutique firm, combined with the experience and expertise of a large organization, and through this new addition, clients will be better equipped to achieve their desired results and reach their business and financial goals.  

As part of Roth&Co’s Outsourced CFO Services, a CFO/Controller will work directly with the business, in order to review the accuracy of their financial statements, assist in creating and implementing internal controls and policies and procedures, help them with financial planning, and manage the financial risk of their businesses.

Yona Strimber has joined the Roth&Co team as the lead Controller for this new service. Mr. Strimber has experience managing large client bases within many industries and providing tax and accounting consulting.

“While we are always focused on the numbers, when it comes to taking care of our clients and their businesses, we don’t believe in putting a cap on that,” said Zacharia Waxler, Co-Managing Partner. He continued, “It’s difficult to find someone with the necessary skills who also exhibits the enthusiasm we look for in our team members. When we met Yona though, it was clear that he had the experience and attitude to help our clients grow”.

Carefully guiding businesses through the financial world for over 40 years, Roth & Company continually looks for ways to provide additional resources for its clients, and is excited to offer Outsourced CFO Services to its new and existing clients.

Roth & Company LLP, who this year celebrated 40 years as a top-tier accounting firm, announced the appointments of Rachel Stein and Hershy Donath as new partners to the firm.

As of 2019, Mrs. Stein will be promoted from Senior Manager, the position she currently holds in the firm’s Brooklyn office. Mr. Donath will be transitioning to Partner in Roth&Co’s Lakewood location. He comes from Ernst and Young, where he’s been operating as Executive Director in the firm’s audit practice.

Speaking on behalf of the firm’s existing Partners, Co-Managing Partner Mr. Zacharia Waxler says, ‘we constantly seek to acknowledge the dedication of our team members and reward them when appropriate. We are delighted to promote Rachel to Partner in the firm. She has been a valuable asset to Roth&Co over the last ten years, and continues to demonstrate an outstanding commitment to the firm’s growth and values, as well as consistently excelling in her work with clients.’

Mr. Waxler continues, ‘Hershy is a talented accountant with extensive experience, we are excited to have him on board, and look forward to his future contributions positively impacting the firm and our clients.’

About Rachel
Mrs. Stein is a skilled accountant with extensive experience advising a variety of real estate, hospitality and wholesale distribution clients. She has developed close relationships with leading real estate owners and investors, and has been instrumental in generating effective solutions to critical tax issues in real estate transactions.
Rachel is also the firm’s expert advisor for foreign investors seeking to invest in the US, skillfully guiding them through the complexities of US tax compliance. She is proficient in coordinating US tax laws with foreign tax laws to create an optimal worldwide tax approach. In her role as partner, Rachel will continue to grow this area of the firm, working to extend the expertise and services clients will receive.

About Hershy
Mr. Donath is an accomplished accountant with 15 years of public accounting experience. He has most recently been working with large publicly traded REITs and privately held Real Estate Funds. Hershy also has valuable experience across a variety of industries, including, hospitality, media and entertainment, consumer products and alternative energy.

At Ernst and Young, Hershy was a member of the Northeast Region Quality Network, responsible for audit teams across the region. Hershy advised engagement teams on audit methodology and supported quality initiatives in response to the Public Accounting Oversight Board and internal quality reviews.

When asked about joining Roth&Co, Mr. Donath says, ‘I look forward to bringing big firm know-how, experience, and quality to the intimate setting of a community-based firm, providing our clients with the best of both worlds.’

About Roth & Company LLP
Roth & Company was established over 40 years ago in Brooklyn, New York by Mr. Abraham Roth. The firm has since expanded to four locations, with relationships that span more than four decades, and over one hundred fifty specialized employees serving as trusted guides through the financial world.

Roth & Company is proud to be a purpose driven company, providing the personalized services of a small firm with the expertise of a large organization. The firm operates according to its ethos ‘Beyond Business,’ implementing practices that maximize benefit over profit, and putting people before the bottom line.
For more information or to speak with an expert, visit www.rothcocpa.com or call 718-236-1600.