The financial services industry is a diverse ecosystem of organizations, each with distinct business models, regulatory requirements and operational priorities. Baker Tilly's dedicated financial services practice brings together specialized experience across the sector, working alongside clients to deliver practical, integrated advisory, tax, and assurance services.
Who we serve
Serving financial services organizations with deep industry experience and specialized technical knowledge.
Financial institutions
Specialized accounting, tax, compliance and advisory solutions for banks, lenders and capital markets organizations
- Community banks
- Credit unions
- Farm credit institutions
- Fintechs and payment companies
- Foreign-owned banks operating in the U.S.
- Mortgage lenders and servicers
- Nonbank and alternative lenders
- Regional banks
- Savings and loan institutions
- SEC-registered banks
- Trust and fiduciary services groups
Asset management
Helping funds, investment managers and investors achieve growth through tailored advisory, tax and audit services.
- Broker-dealers
- Family offices
- Funds of funds
- Hedge funds
- High net worth investors
- Institutional investors
- Private equity firms and funds
- Real estate funds
- Real estate investment trusts (REITs)
- Registered investment advisers (RIAs)
- Venture capital firms
Insurance
Supporting insurers with risk, regulatory and operational solutions in a rapidly evolving market landscape.
- Captive insurance companies
- Health plans and payers
- Insurtechs
- Insurance agencies
- Insurance brokers and aggregators
- Life insurers
- Managing general agents (MGAs)/Managing general underwriters (MGUs)
- Mutual insurance companies
- Property and casualty (P&C) insurers
- Reinsurance providers
- Specialty insurers
- State insurance regulators
Fintech
Supporting fintechs from startup to maturity with financial, operational, compliance and growth-focused solutions.
- Blockchain and digital asset firms
- Digital banking platforms and neobanks
- Financial infrastructure and embedded finance providers
- Insurtechs
- Lending platforms and marketplace lenders
- Payments companies
- Regtech and compliance technology companies
- Financial services software providers
- Wealthtech, digital advisory platforms and personal finance management
Specialty finance
Helping specialty finance organizations navigate lending complexity, compliance demands and strategic growth.
- Accounts receivable management companies
- Asset-based lending
- Commercial finance companies
- Consumer finance companies
- Debt buying
- Digital asset companies
- Factoring companies
- Leasing companies
- Mortgage lenders
- Mortgage servicers
- Nonbank and alternative lenders
- Private credit firms
They are more than consultants. The Baker Tilly team raised the quality of our internal audit and risk management functions and helped us through the change management required to ensure success.Chief Administrative and Risk Officer, financial services client
How we support
Baker Tilly works alongside financial services organizations to deliver solutions informed by deep industry experience and an understanding of the business models that shape the industry. Our professionals combine specialized technical knowledge with practical insight to help clients make informed decisions, strengthen operational performance and build resilient organizations positioned for what's next.
Transactions, strategy and growth
Supporting financial services organizations through growth initiatives, transactions and strategic business planning.
- Board and audit committee advisory
- Buy-side and sell-side advisory
- Capital raising and structured finance support
- CFO advisory services
- Merger and acquisition strategy and tax structuring
- Strategic advisory and market assessments
- Transaction advisory, due diligence and capital formation
- Valuation and fairness opinion services
Operational strategy and financial performance
Helping organizations strengthen operational performance through managed services, finance transformation, process optimization and technology-enabled solutions.
- AI strategy and governance
- Data analytics, dashboarding and business intelligence
- Digital, cloud and technology advisory
- Financial modeling and decision support
- Fund administration and back-office support
- HR consulting and benefits administration
- Managed services and operational support
- Outsourced and co-sourced accounting and internal audit services
- Robotic process automation (RPA)
- Strategic planning and change management advisory
- Workforce and talent management
Governance, risk and regulatory compliance
Helping organizations address regulatory requirements and strengthen governance and enterprise risk frameworks.
- Bank Secrecy Act (BSA)/Anti-money laundering (AML)/ USA PATRIOT Act compliance
- CFPB and consumer finance compliance assessments
- Credit risk management and loan review
- Enterprise risk management
- FDICIA assistance and internal control assessments
- Fraud and forensics services
- OFAC and sanctions compliance
- Regulatory compliance and risk assessments
- Sarbanes-Oxley (SOX) compliance and implementation assistance
Internal audit, cybersecurity and technology risk
Providing services designed to support operational resilience, oversight and internal control environments.
Assurance and financial reporting
Providing independent insight into financial reporting, operational effectiveness and regulatory reporting requirements.
- Audits of onshore and offshore funds
- CECL model validation and reporting support
- Corporate governance and reporting assistance
- Employee benefit plan audits
- Financial statement audit
- Fund and investor reporting support
- Public company audits, SEC filings and regulatory reporting
- SOC 1, SOC 2 and SOC 3 reporting services
Tax compliance and advisory
Providing tax planning, structuring and compliance services tailored to financial services organizations and investment structures.
- Federal, state and local tax and international tax compliance
- Financial services tax credits and incentives
- Investment partnership, private equity and fund taxation
- REIT tax strategy and compliance
- State nexus consulting
- Tax advocacy and controversy services
- Tax technology and automation
- Transfer pricing
- Trust and fiduciary tax services
- Unclaimed property consulting
Featured content
Baker Tilly Announces Agreement to Acquire Anchin; New York City to Become Firm Headquarters
Baker Tilly, a leading advisory, tax and assurance firm, today announced it has entered into an agreement to acquire Anchin, Block & Anchin LLP (Anchin).
2026 Private Funds Update
Asset management industry update, private funds update webinar, investment funds market outlook, private equity and investment fund trends, asset management industry M&A update and valuation trends, tax developments for private funds
From AI capability to AI impact: Operationalizing AI in financial institutions
Explore how financial institutions can move AI from pilots to production with stronger data governance, architecture, oversight, and change management.
Updated Interagency Guidance on Model Risk Management (SR 26-2)
Learn how SR 26-2 updates model risk management guidance for financial institutions, including governance and validation.
Enhanced enterprise risk management and strategic decision-making
Enhanced ERM and strategic risk management by Baker Tilly and the IAF enables timely risk assessments, collaboration with internal audit and technology.
From transformation to operating advantage
Mid‑market leaders can strengthen operations with seven managed‑services actions that address complexity, talent shortages, supply‑chain changes and rising regulatory demands.
We work with a lot of firms, and it’s usually not this easy to get all the benefits we were promised. Your team has been most accommodating and efficient, while sharing a number of quality insights along the way.Executive Vice President and General Auditor, financial services client
By the numbers
Supporting financial services organizations with insight, scale and specialized expertise.
Featured case studies
Financial services association
Financial services provider
Financial services company
Registered investment advisor (RIA)
Global management consulting firm
Financial services company
Financial services lender
Explore our services for fintechs
Baker Tilly is dedicated to supporting your fintech throughout its entire life cycle, from startup to maturity. Explore our tailored services designed to meet your fintech's specific needs and help you navigate industry challenges. Our team can assist your company with comprehensive audits, financial reporting, platform development, regulatory compliance and tax strategy optimization.
Outsourcing for Asset Management
Empower your business with Baker Tilly’s tailored financial and operational support for registered investment advisers (RIAs) encompassing fund administration services, accounting, tax, valuation, HR administration and AML compliance. With our versatile team leading the way, you can focus on driving financial growth, operational efficiencies and streamlining back-office functions.
Baker Tilly researched and produced a report for us that has quickly become an influential think piece, which is driving discussions about strategy.Chief Operating Officer, internal audit client
Frequently asked questions (FAQ)
What types of financial services organizations does Baker Tilly serve?
Baker Tilly works with a broad range of financial services organizations, including banks, credit unions, asset managers, RIAs, fintechs, specialty finance companies, insurers, private funds and trust and fiduciary organizations. Our team supports organizations across varying growth stages, operating models and regulatory environments. If you have questions about your specific type of organization, please fill out a contact us form and give us background on your organization and what you are looking for.
Does Baker Tilly provide outsourced accounting and managed services support?
Yes. Baker Tilly provides managed services, back-office support, fund administration, outsourced accounting, operational support and co-sourced solutions tailored to the needs of financial services organizations of all sizes. Our team helps organizations strengthen operational efficiency, streamline back-office functions and support finance and compliance operations.
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How does Baker Tilly support regulatory compliance and risk management?
Baker Tilly provides risk advisory and regulatory compliance services designed to help financial services organizations address evolving regulatory requirements and strengthen governance frameworks. Our services include internal audit, AML and financial crimes compliance, enterprise risk management, cybersecurity advisory, model risk management, FDICIA support and consumer finance compliance assessments.
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Does Baker Tilly work with RIAs, private funds and investment managers?
Yes. Baker Tilly works with registered investment advisers (RIAs), hedge funds, private equity firms, venture capital firms, family offices and other investment management organizations. Our team provides advisory, tax, audit, fund administration and operational support services tailored to the investment management industry.
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What technology and digital transformation services does Baker Tilly provide for financial services organizations?
Baker Tilly helps financial services organizations modernize operations and address evolving technology needs through AI strategy and governance, cloud and digital advisory, data analytics, automation, cybersecurity and operational transformation services. Our team supports organizations seeking to improve efficiency, strengthen controls and enhance decision-making capabilities.
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- Digital solutions
- Application development
- Artificial intelligence
- Business Information systems
- Cloud services
- Data analytics
- Digital strategy
- Enterprise systems
- Equity compensation processes and systems
- Intelligent process automation
- Technology alliances
- Financial institution leverages generative AI to automate compliance testing
Can Baker Tilly support both strategic advisory and day-to-day operational needs?
Yes. Baker Tilly provides integrated advisory, tax and assurance services that support both long-term strategic priorities and day-to-day operational needs. Our team works with financial services organizations across transactions, operational performance, compliance, reporting and managed services functions.
Does Baker Tilly provide co-sourced and outsourced support models?
Yes. Baker Tilly offers flexible co-sourced and outsourced support models across accounting, internal audit, compliance, finance and operational functions. We work alongside internal teams to provide scalable support tailored to organizational needs and resource requirements.
What experience does Baker Tilly have serving financial services organizations?
Baker Tilly serves more than 9,000 financial services clients nationwide through a team of more than 700 professionals dedicated to the financial services industry. Our experience spans banking, asset management, fintech, specialty finance, insurance and trust and fiduciary services.
How can I connect with a Baker Tilly financial services specialist?
You can connect with a Baker Tilly financial services specialist by contacting us or reaching out through one of our industry or service pages. Our team will connect you with professionals aligned to your organization’s industry sector, operational needs and business priorities. If you are looking to get in touch with a specific individual, you can either submit the form and name who you are looking to get in touch with or find their bio page on our site and submit a form there.
How do I submit an RFP or request for proposal?
Organizations interested in submitting an RFP or requesting additional information can contact our financial services team through the contact form. Baker Tilly works with financial services organizations across advisory, tax, assurance, risk, compliance and managed services engagements
Does Baker Tilly provide tax advisory and compliance services for financial services organizations?
Yes. Baker Tilly provides tax planning, structuring and compliance services tailored to financial services organizations, including banks, investment managers, private funds, RIAs, REITs and specialty finance companies. Our team supports organizations across federal, state, local and international tax compliance, tax technology, transaction structuring and specialty tax matters.
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- Financial services tax credits and incentives
- Credits and incentives
- Federal tax
- Individual income tax planning and compliance
- International tax
- Research and development credits
- State and local tax
- Tax advocacy and controversy services
- Tax evolution and automation
- Transfer pricing
- Unclaimed property
- Value-added tax
Can Baker Tilly work alongside our internal teams?
Yes. Baker Tilly offers flexible co-sourced and outsourced support models designed to complement internal teams and existing operational structures. Our professionals work alongside financial services organizations across accounting, internal audit, compliance, finance, risk and operational functions to provide scalable support tailored to organizational needs, resource constraints and strategic priorities.
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