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20 Worcester Business Journal | Book of Lists 2024 | wbjournal.com F O C U S P R O F E S S I O N A L S E R V I C E S Largest accounting firms Ranked by number of local staff Firm Local staff/ total staff Local CPAs/ total CPAs Local offices/ total offices Managing partner(s) Year founded 1 AAFCPAs 50 Washington St., Westborough 01581 508-366-9100 • aafcpa.com 248 325 77 93 1 3 Carla M. McCall managing partner 1973 2 Stowe & Degon LLC 95A Turnpike Road, Westborough 01581 508-983-6700 • stowedegon.com 52 52 24 24 1 1 David C. Degon Michael D. Stowe co-managing partners 1997 3 S&G LLP 100 Front St., 16th Floor, Worcester 01608 508-757-3311 • sgllp.com 38 39 15 15 2 2 Matt Allison Terence Shepherd co-managing partners 1980 4 Greenberg, Rosenblatt, Kull & Bitsoli PC 306 Main St., Suite 400, Worcester 01608 508-791-0901 • grkb.com 34 34 20 20 1 1 Norman Bitsoli president 1921 5 Bollus Lynch LLP 89 Shrewsbury St., Worcester 01604 508-755-7107 • bolluslynch.com 32 32 12 12 1 1 Michael J. Bollus managing partner 1989 6 McLaren & Associates CPAs PC 385 South St., Shrewsbury 01545 508-842-0459 • dmclarencpa.com 25 25 2 2 1 2 David S. McLaren managing partner 2005 6 UHY Advisors (1) 14 W. Plain St., Wayland 01778 508-650-1122 • uhy-us.com 25 1,626 17 534 1 38 Michael Okenquist David Lorenzi office managing partners 1987 8 O'Connor, Maloney & Co. PC 1 Mercantile St., Suite 760, Worcester 01608 508-757-6391 • oconnormaloney.com 19 19 11 11 1 1 Steven A. Thebodo managing partner 1919 9 Alario & Associates PC 75 N. Main St., Leominster 01453 978-534-1999 • alariocpa.com 18 18 5 5 2 2 Robert C. Alario president 1954 10 CLA (CliftonLarsonAllen) (2) 100 Front St., Worcester 01608 508-713-6900 • claconnect.com 16 8,755 8 3,050 1 120 Trey Sturtevat managing principal office 1960 11 Spinelli CPA PC 146 W. Boylston Drive, Suite 302, Worcester 01606 508-365-6522 • spinellicpa.com 15 16 4 4 2 2 Karen J. Spinelli founder & CPA 2018 12 Cerrone Graham & Shepherd PC 370 Main St., Suite 750, Worcester 01608 508-754-8512 • cgscpas.com 13 13 4 4 1 1 Paul A. Cerrone managing partner 2013 12 Reagan & Co. PC 98 Adams St., Suite 101, Leominster 01453 978-534-4095 • reaganandcompany.com 13 13 6 6 1 1 Darlene M. Murphy president 1950 14 Bisceglia, Steiman & Fudeman LLP 339 Main St., Suite 110, Worcester 01608 508-799-2491 • bsfcpas.com 10 10 5 5 2 2 Robert H. Thompson managing partner 1997 15 Griffin & Co. PC One Cabot Road, Suite 260, Hudson 01749 508-752-8160 • griffincpas.com 9 9 4 4 1 1 David E. Griffin James E. Griffin Jr. co-managing partners 1947 15 Smith, Sullivan & Brown PC (3) 80 Flanders Road, Westborough 01581 508-871-7178 • ssbcpa.com 9 20 6 13 1 1 Juliana Caruso principal Linda M. Smith managing partner (4) 1993 17 Zack & Co. PC 5 Commonwealth Road, Natick 01760 508-651-1313 • cpatax.com 3 5 1 2 1 1 Michael Zack CPA 1993 Source: Each firm via survey as of Q1-Q2 2024. Notes: N/A=not available. Unable to confirm data by press time for Worcester's Jaffe, Yaffe & Feingold PC or Framingham's Sanchez and Santiago CPAs. CORRECTION: Chicago-based BDO USA LLC closed its Gardner office, which had been open since 1924. BDO reported 320 and 300 local staff members on WBJ's 2023 and 2022 surveys respectively. Upon closure of the Gardner office, it came to light that BDO had been reporting statewide employee counts as the local Central Mass. figure; the firm's Boston location is now the sole office statewide. (1) Paresky Flitt & Co. LLP was acquired by Connecticut-based UHY in January. (2) Provided statewide staff counts as the local Central Mass. figures on WBJ's 2023 survey, but corrected this oversight in 2024; Worcester is CLA's only office in Central Mass. (3) Data from WBJ's 2023 survey (4) Additional leadership includes partners Sandy Brown and Maureen Sullivan. -Compiled by: Stephanie R. Meagher, research@nebusinessmedia.com Paresky Flitt & Co., a certified public accounting firm based in Wayland, has been acquired by UHY, a national accounting firm headquartered in Connecticut. This move will allow UHY, which already operates in 10 North- east states including New York, Connecticut, and New Hampshire, to expand into the Massachusetts market, according to a press release issued by UHY on Jan. 8. Financial terms of the deal were not disclosed. Mike Okenquist and David Lorenzi, the managing partners of Paresky Flitt's Wayland office, will continue to serve in these roles. The company's 25 employees will stay on with UHY. "As we looked to enter Massachusetts, it was important to team up with a local firm that has values similar to UHY's. I knew when I met with David and Mike, as well as the leadership team at Paresky Flitt that there was a clear connection between our firms and our service philosophies," Michael Mahoney, northeast region managing director at UHY, said in the press release. "We are thrilled to now have a presence in Massachusetts with a reputable firm that takes client service as seriously as we do and is ranked as one of the largest accounting firms in Massachusetts." Paresky Flitt was founded in 1987 by Lee Paresky and Howard Flitt, according to the company's LinkedIn page. "We place a high value on building strong relationships with our clients and team members, just like UHY," Lorenzi said in the press release. "I am excited to be able to now deliver an even greater suite of services to our clients as a part of UHY." Founded in 1986, UHY employs more than 1,600 professionals in 36 U.S. offices. – Story by Eric Casey Wayland firm merges with national accounting business Paresky Flitt's offices