Fishbein & Co. PC has announced a merger with the corporate practice division of HJ Financial Group. The merger is expected to be completed in January 2006.
Terms were not disclosed.
Fishbein & Co., which lists seven shareholders on its Web site, has been providing public accounting services for over 50 years in the Delaware Valley region, as well as maintaining national and international clients. HJ Financial, located in Plymouth Meeting, Pa., is a leading CPA firm specializing in wealth management for high-net-worth individuals, families and corporate executives.
"The merger fits into Fishbein's growth strategy," said Fishbein president Alan Cohen, in a statement. "The combination will add significant breadth to the services we can provide to our respective client bases."
Jay Heller, founder and chief executive of HJ Financial, said that he expects the merger to bring a new depth of tax knowledge to his firm's wealth management practice. The plans are for the merger to increase the level of financial and tax planning services available to the combined firms' clients. Both firms seek to increase their ability to help clients reach their personal, financial and business goals by combining their resources and capabilities.
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