O’Connor Davies Administration, a subsidiary of New York-based accounting and consulting firm O’Connor Davies LLP, has merged with VBK+CO, a global administration firm headquartered in Geneva, Switzerland.
Earlier this month, O’Connor Davies rebranded itself as PKF O’Connor Davies, as it became the lead North American firm in the PKF International network of accounting firms (see O’Connor Davies Rebrands as PKF O’Connor Davies). The firm’s expansion to Switzerland will add a combined 70 years of experience in the family office and alternatives space to PKF O’Connor Davies financial services team.
“I am very excited about our new opportunities with VBK+CO,” said O’Connor Davies Administration CEO Marc L. Rinaldi, partner-in-charge of O’Connor Davies Financial Services, in a statement. “We have created a truly global accounting, administration and advisory firm with unequaled experience and professionals in family offices, alternative assets, innovation and scalable shared resources. Together we are in a unique position to serve the complex accounting, administration, tax and compliance needs of institutional investors including family offices, private foundations and endowments and private funds seeking another alternative.”
PKF O’Connor Davies ranked 30th on Accounting Today’s 2015 list of the Top 100 Firms, with $107.5 million in annual revenue. The firm has done a number of other mergers since last year. Last month, O’Connor Davies merged in Flackman Goodman & Potter, a New Jersey-based firm, and last November it added Stanley Marks & Company in Newburgh, N.Y. (see O’Connor Davies Merges in Flackman, Goodman & Potter and O’Connor Davies Merges in Stanley Marks). Last May, the firm added McEnerney, Brady & Co., in Livingston, N.J. (see O'Connor Davies Merges in McEnerney, Brady & Co.) and last January it acquired Daniel J. McMahon Company in Chappaqua, N,Y. (see O'Connor Davies Acquires Daniel J. McMahon Company).
“We believe that joining forces with PKF O’Connor Davies brings together two partners that understand the constant changes in the industry and its complicated and evolving regulatory framework,” said Anuschka Cova, director of international business development of VBK+CO. “Both of us are completely aligned in our view that our clients are our greatest partners. We understand that each client wants tailored solutions instead of a one-solution-fits-all approach. Our new affiliation allows us to add expertise in other product lines so that we can continue to add value to our clients, while keeping our current expertise in each area intact.”
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access