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Press Releases: 2017

Marks Paneth LLP Adds Depth to its Private Client Group

July 6, 2016

Accounting firm continues adding expertise with addition of New York-based Kranz and Company LLP 

New York, NY (July 6, 2016) – Leading accounting, tax and advisory firm, Marks Paneth LLP, announced today that the personnel of New York-based Kranz & Company LLP joined the firm, effective July 1, 2016. The addition brings thirteen new professionals to the firm – deepening its talent base across the high-net-worth and corporate tax practices.

Since 1973, Kranz & Company has provided high-net-worth, corporate tax and family office services to its diverse client base – which includes high-net-worth and self-employed individuals, privately-held businesses, private foundations, and trusts and estates.

“We are delighted about bringing on Kranz & Company’s talent. Our combined client base will benefit tremendously from our depth of expertise,” said Steven Eliach, Principal-in-Charge of the firm’s Tax Services. “The combination also serves as a testament to one of the key pillars of our firm’s strategic vision: being the best, not necessarily the biggest, in our primary markets – and this addition to our Private Client Group certainly moves us forward on that front.”

Diane Kranz, Managing Partner of Kranz & Company LLP, stated, “Marks Paneth’s proven commitment to excellence in client service, their genuine devotion to the community and their dedication to professional development align perfectly with Kranz & Company’s values. This combination of forces guarantees continuity of service for our clients and professionals – and we will always be there to support their needs.”

For more information, please contact John McKenna of ICR, Inc. at (203) 682-8252 or john.mckenna@icrinc.com.

About Marks Paneth LLP

Marks Paneth LLP is an accounting firm with more than 600 people, including over 80 partners and principals. The firm provides public and private businesses with a full range of auditing, accounting, tax, consulting, trade remediation and valuation services as well as litigation and financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high-net-worth individuals and their families, as well as a wide range of services for international, real estate, hospitality, media, entertainment, nonprofit and government services clients.  The firm has a strong track record supporting emerging growth companies, entrepreneurs, business owners and investors as they navigate the business life cycle. The firm's subsidiary, Tailored Technologies, LLC, provides information technology consulting services.

In addition, Marks Paneth’s membership in Morison KSi Ltd., a leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world. Marks Paneth, whose origins date back to 1907, is the 34th largest accounting firm in the nation and the 8th largest in the mid-Atlantic region. In addition, readers of the New York Law Journal rank Marks Paneth as one of the area's top three forensic accounting firms for the sixth year in a row.

Marks Paneth is headquartered in New York City, with additional offices in New York, New Jersey, Pennsylvania and Washington, DC. For more information, please visit markspaneth.com.

 

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