BPM LLP, one of the 50 largest public accounting and advisory firms in the US, and Gumbiner Savett Inc., an accounting and consulting firm headquartered in Santa Monica, have announced a new merger, effective July 1, 2021.
The Gumbiner Savett merger will further expand BPM’s reach in Southern California with a new office in a significant Los Angeles metro area.
Existing Gumbiner Savett clients will reportedly benefit from access to BPM’s global reach as well as the “variety and depth of knowledge” manifested by its growing base of 800-plus professionals.
Gumbiner Savett’s Santa Monica office will be rebranded under the BPM name, joining the list of the firm’s existing locations across California as well in Eugene, Oregon, and Bellevue, Washington.
The announcement follows a series of recent expansions for BPM. Last year, the firm combined with Irvine-based Warnick, Maestras & Maroney (WMM) Accountancy Corporation as well as Long Beach-based full-service CPA firm Rossi LLP.
Jim Wallace, BPM’s CEO, said: “Gumbiner Savett is an established, respected member of the Los Angeles County’s business community whose mission and values mirror our own.
“This strategic business combination strengthens our competitiveness in the marketplace and will be a key driver of growth for our firm as we expand in Southern California. We look forward to achieving new heights of opportunity for both our clients and colleagues under our newly combined firm.”
Rick Parent, managing director of Gumbiner Savet, said: “This combination with BPM will allow us to serve our clients even better through enhanced resources and capabilities, including many new specialty services. We are excited to share this news with our clients and continue to find new ways to support and grow their businesses.”