The Bonadio Group Launches New Consulting and Advisory Practice to Help Clients Drive Optimum Performance

The Bonadio Group Launches New Consulting and Advisory Practice to  

Help Clients Drive Optimum Performance  

Bonadio Advisory offers clients a comprehensive suite of consulting services   

Rochester, N.Y., February 22, 2022 – Nationally ranked Top 50 accounting firm The Bonadio Group has rebranded its consulting and advisory practices as Bonadio Advisory to better assist clients with improving operational performance, mitigating risk and achieving their business goals. With a diverse team of dedicated professionals, Bonadio Advisory provides consulting services to public and private businesses, non-profit agencies, healthcare organizations and government entities across the country.     

“With businesses and organizations facing increasingly complex demands in all facets of their operations, our purpose is to provide actionable insights and tailored strategies that help clients achieve their business objectives,” said Michael Parrinello, Partner and Practice Leader of Bonadio Advisory. “We are continuing to invest in services and talent to provide our clients with access to top-tier consulting across numerous industries in New York State and beyond.”   

Bonadio Strategic Advisory (BSA), the strategy consulting group within Bonadio Advisory, previously launched in 2020. This group is comprised of experts who provide C-level executives with focused insights using advanced data analytics, operational assessments and collaborative consulting with management and boards of governance. BSA’s tools and processes drive profitability, increase efficiencies, mitigate risk and improve operational performance. BSA experts specialize in working toward both short and long-term business goals through the design and deployment of their management consulting services.     

“Organizations of all types strive to optimize their operations but don’t always know what steps to take to get there,” said Timothy Ball, executive vice president and Team Leader of BSA. “Through our operational assessments and data analysis tools, we are able to project clients on a growth trajectory by driving growth, improving profitability, increasing efficiencies and mitigating risks, all critical elements in improving profitability.”    

New to the BSA division is Gerald Archibald, who co-founded The Bonadio Group’s Healthcare/Tax-Exempt Practice. He brings more than 40 years-of category experience to BSA’s healthcare and tax-exempt clients.    

Other consulting practices of Bonadio Advisory include:  

·       Investment Banking/Transaction Advisory,which providesexpertise and services related to executing middle-market M&A transactions;  

·       Business Valuation and Succession Planning for individuals, estates and businesses;  

·       Fraud and Forensics, which helps clients discover, investigate and prevent fraud;   

·       FoxPointe Solutions, which provides full service cyber risk management services;   

·       Compliance Solutions, which assesses compliance programs from HIPAA to corporate compliance; and  

·       Transportation Advisory Services, which has served over 550 school district clients in 22 states. 

Jeffrey Lewis, who leads the newly branded Investment Banking and Transaction Advisory team, is excited about the centralized focus on consulting services within the firm.    

“We have always provided clients with a fully integrated approach that brings specific expertise to each engagement. But now, with the launch of Bonadio Advisory, our collective disciplines will be housed under one roof for better visibility and awareness,” said Lewis. “As it relates to Investment Banking and Transaction Advisory, the ability to bring experienced tax professionals to each engagement is a significant differentiator. We are thrilled to be part of the new Bonadio Advisory initiative and know that it will add significant value to our client relationships.”    

To learn more about The Bonadio Group and Bonadio Advisory, please visit: www.bonadio.com. 

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About The Bonadio Group: 

Founded in 1978, The Bonadio Group is a nationally ranked Top 50 CPA firm offering accounting, tax, and consulting services to clients of all sizes. The Firm’s professionals deliver practical, proactive, and innovative solutions to help clients reach their financial, compliance, management, and personal goals. The Bonadio Group is the largest independent provider of accounting, tax, and consulting services in upstate New York—with offices in Albany, Batavia, Buffalo, East Aurora, Rochester, Syracuse, and Utica. The Bonadio Group also has offices in New York City, Rutland, Vt., and Dallas. For more information, visit www.bonadio.com.