Baker Tilly Virchow Krause (ranked #20) revenues increased from $44 million in 2012 to $301 million in 2013 thanks in part to its absorption of Holtz Rubinstein Reminick. Barry Garfield, regional managing partner at Baker Tilly and Chairman of ACG New York’s Long Island Network, said that New Yorkers rising fortunes are trickling into accounting. “More and more people are coming into a greater amount of wealth, and they’re thinking they need to get their house in order,” he said. Mr. Garfield credited the firm’s success to focusing on specialized practice areas. “The accountant who’s a generalist-that’s a provider of the past, he said. “You really need to demonstrate your expertise and knowledge.”
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