CTM CPAs & Business Advisors Joins Forces with Withum
CTM CPAs & Business Advisors (CTM), a public accounting, tax, and business consulting firm, has officially joined its practices with WithumSmith+Brown, PC (Withum), a well-known CPA and advisory firm. This significant collaboration aims to reinforce Withum's presence in the Midwest while providing CTM's clients with richer resources and services.
A New Chapter for CTM CPAs
As part of this partnership, CTM's four partners and a dedicated team of nearly 50 professionals will continue operating from their existing location. The merger promises to optimize the quality of service that CTM's clients have come to expect over the years.
Strengthening Service Offerings
CTM has built its reputation on extraordinary client service and establishing long-lasting relationships. With the merger, the firm intends to amplify these strengths under the larger umbrella of Withum, enhancing their capabilities to support clients' success and growth.
Leadership Perspectives on the Merger
Steven Edelheit, Managing Partner of CTM, expressed enthusiasm for the partnership, stating, "We are very eager to become part of the Withum team. Our client promise has always been to build lasting relationships through exceptional client service to help them reach their goals. Joining forces with Withum will offer our valued clients and dedicated staff more opportunities to thrive and achieve success under the Withum brand." He acknowledges the enhanced prospects this merger creates not only for clients but also for the CTM team.
Exciting Growth Opportunities
Withum's Managing Partner and CEO, Pat Walsh, CPA, shares a similarly positive outlook on the merger. He commented, "Uniting our firms grows our portfolio of franchise clients as CTM's team brings additional depth of service and expertise in this area. Together, we share a people-first mentality with a vision of providing best-in-class solutions through a dynamic approach to problem-solving for our clients' growth and success." This sentiment highlights a unified commitment to exceptional service delivery across all client interactions.
Industry Strengths Enhanced by the Merger
The merger not only strengthens Withum’s franchise practice but also enhances its capabilities across various industries such as restaurants, professional services, real estate, construction, and more. This strategic alignment leads to a broader and more robust suite of accounting, tax, and advisory services focused on meeting clients' diverse needs in a constantly evolving market.
About Withum
Established in 1974, Withum is a nationally recognized public accounting firm that offers advisory, tax, and audit services across local and global spectrums. Based in Princeton, NJ, Withum has established a significant presence in major financial centers throughout the United States. The firm is an independent member of HLB International, a global network of independent advisory and accounting firms, which allows it to serve clients with expertise and reliability.
About CTM CPAs & Business Advisors
CTM CPAs & Business Advisors has dedicated over 50 years to delivering a comprehensive array of accounting, tax, and consulting services. Their experience spans across financial statement preparation, tax planning, business valuations, and much more. CTM prides itself on integrating innovative tax strategies and insights to help clients navigate their financial journeys toward achieving their objectives.
Frequently Asked Questions
What are the main benefits of CTM joining Withum?
The merger allows CTM to deliver enhanced resources and services to their clients while maintaining their commitment to exceptional client service.
How will the merger impact CTM's current team members?
CTM's team members will remain in their current roles and office, gaining access to broader opportunities and resources through Withum.
What industries will benefit from this partnership?
The partnership will strengthen services in several industries, including restaurants, real estate, and professional services, among others.
How did the firms decide to merge?
The decision was based on a shared vision for enhancing client services and aligning expertise in franchise practices, allowing for growth in service offerings.
What should clients expect from this partnership?
Clients can expect enhanced service delivery and an expanded range of solutions tailored to meet diverse financial and business needs.
