Financial Services
The financial services industry continues to diversify, but competition and more complex vendor relationships make determining business strategy more complicated.
Financial Services
Daniel I. Altschul
CPA
Partner
Christine Anderson
CPA, CITP, CGMA
Managing Partner – Growth Strategies
Cecilia Angat
CPA
Partner
Nirav Badani
CPA
Partner
Jason C. Barnes
CPA
Partner
John Basile
CPA
Partner
Adam Bullock
CPA
Partner
Sommer Cannon
MBA, CPA
Director
Zachary Carr
CPA
Director
Paul Daddio
CFA, ASA
Director
Mon Du
CPA
Director
Brad E. Elmer
Managing Director
Christine M. Fenske
CPA
Managing Partner
Bradley Fisher
Director
William Grady
J.D., CLU®, CFP®
Director
Gary Grush
CPA, MST
Partner
Rick Guillen
CPA
Partner
Mark Herzinger
Principal
Kenneth N. Hugendubler
CPA
Partner
Robena Jafari
J.D.
Partner
Kimberly Jin
CPA
Partner
Matthew O'Rourke
CPA
Partner
Kristi Oates
CPA
Partner
Bridget Quinn
CPA
Partner
John Romano
CPA, CIA, CFE, CITP, CSM
Partner
Kevin Schalk
CPA
Partner
Larry Smetana
CPA
Partner Emeritus
Christopher J. Tait
MBA, CISA, CCSK, CFSA, CCSFP
Principal
Keith Troutman
CPA, MBA
Partner
Frank J. Walker
CPA, CFF, CVA
Partner
Lauri Webster
CPA
Director
Michael J. Windham
PMP
Director
William F. Wolf
CPA, CFF, CFE, MBA
Partner Emeritus
Jonathan Zeigler
CPA, CITP
Partner
How can you move your organization toward the future you envision? Work with professionals who understand your financial services company and will talk with you about your challenges to help you find the right solution.
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. We are extremely pleased with their work.Craig Campbell, Chief Administrative and Risk Officer, WPS Health Solutions, Wisconsin Physicians Service Insurance Corp.
Asset management sector
- Broker-dealers
- Family office/high net worth family owners
- Funds of funds
- General partnerships and their principals
- Health and welfare funds
- Hedge funds
- Institutional investors
- Management companies
- Pension funds
- Private equity firms and funds
- Real estate investment funds and holding companies
- Real estate investment trusts (REITs)
- Registered investment advisors (RIAs)
- Securities exchanges
- Venture capital firms
Depository and lending sector
- Commercial banks
- Community banks
- Credit unions
- Fintechs
- Mortgage brokers
- Nontraditional lenders
- Savings institutions
- Student loan organizations
Insurance sector
- Health plans
- InsurTechs
- Life insurance
- Medical/professional liability
- Mutual insurance companies
- Property and casualty insurance
- Reinsurance
- State insurance regulators
- Insurance agencies and brokers
Our solutions
The financial services industry continues to diversify, but competition and more complex vendor relationships make determining business strategy more complicated.
Have confidence in our ability to assist your organization in attaining your goals because of our experience providing solutions for business needs.
Grow your business
- Agent talent strategies
- Analytics, dashboarding and business intelligence
- Board and audit committee advisory
- Buy-side and sell-side advisory
- Capital raising solutions
- CFO advisory services
- Cost segregation studies
- Customer experience enhancement
- Demutualization consulting
- Employee stock ownership (ESOP) valuations
- Fund formation and structuring
- Go-to-market roadmap development and implementation
- Growth strategy assessment and alignment
- Market assessment
- Merger and acquisition tax structuring
- Payment transformation
- Product and service innovation and launch effectiveness
- Risk optimization
- Strategic advisory
- Structure review
- Structured finance support
- Tax credits and incentives
- Transaction advisory, due diligence, structuring and capital formation
Optimize resources
- Agile internal auditing
- Benchmarking studies
- Board and department level training
- Change management
- Cost containment strategies
- Data analytics and business intelligence
- Executive search
- Federal, multi-state and local tax planning and compliance
- Financial modeling and decision support
- Financial ratios
- HR consulting and benefits administration
- Internal audit
- IT operations management
- Management company staff requirements and back office structuring
- Outsourced and co-sourced accounting and internal audit services
- Resource optimization
- Robotic process automation (RPA)
- Strategic planning facilitation
- Sub chapter S planning
- Tax credits and incentives
- Vendor management services
- Workforce and talent management
Manage risk and compliance
- Assessments of internal controls
- Business continuity planning/disaster recovery
- CFPB and other consumer finance compliance assessments
- Complex commercial dispute support
- Compliance reviews
- Comprehensive risk assessment framework
- Credit and operational risk consulting
- Cyber policy and program development, risk assessment and consulting
- Cyber risk insurance analysis
- Data privacy assessment, design and implementation
- Enterprise risk management and ORSA assessments
- FDICIA assistance
- Fraud and forensics
- HIPAA security assessments
- Infrastructure stability
- Internal audit co-sourcing and outsourcing
- Litigation support
- Loan reviews and collateral reviews
- Major claims forensics
- Market conduct investigations
- NYS DFS cyber readiness and compliance
- Payment card industry (PCI) compliance
- Pricing and rate analysis
- Regulation AB assessments and compliance
- Regulatory compliance:
– Anti-Money Laundering (AML)
– FINRA Rule 3310
– Gramm-Leach-Bliley Act
– Bank Secrecy Act (BSA)/Foreign Corrupt Practices Act (FCPA)
– RESPA/Regulation Z/Dodd Frank
– USA Patriot Act - Review of reserves
- Risk or economic capital modeling
- Sarbanes-Oxley (SOX) compliance and implementation assistance
- Securitization due diligence
- Security assessment (external/internal)
- State risk-focused insurance examinations
- Third party data center reviews
- Trust department reviews
Gain assurance
- ALLL/CECL (current expected credit loss) model validation
- Actuarial due diligence and review of fair value reserves
- Agreed upon procedures (AUP) reports
- Attest audit and examination opinions
- Audits of onshore and offshore funds
- Certification of loss reserves
- Corporate and intangible asset valuations
- Corporate governance annual disclosure assistance
- Due diligence
- Employee benefit plan audits
- Fairness opinions
- Federal, multistate and international tax
- Fraud and investigations
- GIPS® verifications
- Information systems examinations
- Investor liquidity requirements
- IRS practice and procedures
- Management company operating cash requirements
- Management fee and incentive allocation structure
- Model Audit Rule (MAR) implementation assistance
- Model validation
- Operational and compliance attestation
- Preparation of fund, management company, general partner and principals tax returns, and K1s
- Processes and controls documentation and testing
- Quality assurance review (QAR)
- Reinsurance consulting
- REIT quarterly and annual testing
- Risk assessment and planning
- Securities and Exchange Commission (SEC) filings
- SOC 1, SOC 2 and SOC 3 reporting services
- State nexus consulting
- Valuations
- Verification of performance results
Case studies
Our services
Cybersecurity
Proactively protect and address your cybersecurity and information technology (IT) risks.
Data Solutions
Capturing, understanding and leveraging the data that matters most and bringing it into focus is no trivial matter. Rely on our experience to drive your business forward.
Sales, Marketing & Service
Customers have more choices, seem to be less loyal and at times are only concerned with price and availability. Just working harder doesn't generate the kind of growth that it may have in the past
Tax
Contributing to clients’ success by accelerating tax deductions, increasing tax credits, reducing cash taxes and mitigating risks
Related industries
Asset Management
Be efficient, compliant and transformative with the right operational strategies for your goals, and the right asset management industry advisors to help get you there.
Banking & Capital Markets
Baker Tilly banking practice leaders collaborate with a wide range of financial services companies on financial statement, internal audit and advisory services.
Insurance
Navigating the ever-changing insurance industry while also meeting compliance requirements and staying ahead of quickly developing technology can be overwhelming. Chart your legacy and reach your financial and operational goals: Your journey starts here.
Private Equity & Portfolio Companies
From private equity firms and their portfolio companies to family office, Baker Tilly leverages industry knowledge and operational experience to offer clients value from the fund level down through the entire portfolio.
Community Banks
Faced with changing regulatory requirements, intense technology disruption and an accelerated M&A environment, community banks need specialized financial and operational solutions tailored to their size.
Consumer Lending
Baker Tilly lending industry professionals collaborate with mortgage, student loan, automotive and other lending organizations to enhance analytics and process governance.
Credit Unions
Baker Tilly financial institutions practice leaders work with credit unions to help them enhance member experience, deliver on their mission and grow their institution.
Health Plans
Helping health plans bring all the pieces together to find the right solutions for you.
Insurtech
Insurtech’s rapidly evolving environment means innovation is both your best growth opportunity and your biggest competitor. Work with a team that can help you win your race.
On a scale of 1-10, I would give a 15. I always recommend Baker Tilly to our joint venture partners.Vice president of private equity firm
Our clients
Good people, good communicators and balanced in their approach.Private equity fund client