NEW YORK--(BUSINESS WIRE)--Mitchell & Titus (www.mitchelltitus.com), the nation’s largest minority-controlled accounting firm, has entered into the Chicago market. Effective February 1, 2009, Hill Taylor LLC, one of the oldest and most respected minority accounting firms in Chicago, merged its practice into Mitchell & Titus.
Hill Taylor has served the Chicago market for over 35 years under the direction of its founder and chairman, James “Jim” Hill, Jr., and partner Kenneth Yu. Jim has stated that Mitchell & Titus’ reputation for quality, client service and staff development was the core reason he concluded that Mitchell & Titus was the right organization with which to merge.
Bert N. Mitchell, founder and chairman of Mitchell & Titus, has maintained a close professional relationship with Jim for almost 40 years. Over the years, they have discussed the possibility of combining their practices. After Mitchell & Titus became a member firm of Ernst & Young Global Limited (EYG) in 2006, Bert and Jim began to accelerate their discussions, leading to the merger.
“The Hill Taylor merger will allow Mitchell & Titus to continue to expand its geographic reach and serve the needs of national clients,” said Mitchell & Titus CEO Anthony S. Kendall. “Hill Taylor has developed a significant practice in the government, not-for-profit, and employee benefits arenas over the last 35 years and we are delighted that Jim Hill, his partner, Kenneth Yu, and their staff have joined the Mitchell & Titus family.”
This was Mitchell & Titus’ second merger in the last four years. In 2005, Mitchell & Titus merged with Frye, Williams & Company, a New Jersey-based firm. As a result of the current merger, Mitchell & Titus now has offices in New York, Rutherford (NJ), Philadelphia, Baltimore, Washington, D.C., and Chicago.
Jim Hill, who will be serving as Mitchell & Titus’ Chicago office managing partner added, “Mitchell & Titus’ vast knowledge and resources on the East Coast combined with a Chicago presence now gives us the resources necessary to expand our services to present and future clients.”
About Mitchell & Titus LLP
Mitchell & Titus LLP is a regional firm that has provided assurance, tax, transaction support, and advisory services for over 35 years. Notably, it is the largest minority-controlled accounting firm in the United States. With 16 partners and 175 people, the firm provides services to Fortune 1000 companies, entrepreneurial enterprises, not-for-profit organizations, financial services firms, government entities, and high net-worth individuals. The firm has offices in New York, Rutherford (NJ), Philadelphia, Baltimore, Washington, D.C. and Chicago.
In 2006, Mitchell & Titus became a member firm of Ernst & Young Global Limited. Mitchell & Titus has the distinction of being one of the few member firms of Ernst & Young Global to maintain its ownership and brand name. However, as a member firm of Ernst & Young Global, Mitchell & Titus follows its quality, risk management and independence procedures as well as having access to leading technological resources and the collective knowledge base of other member firms around the world. The firm was recognized in 2007 with a Practice Innovation Award from Practical Accountant magazine for becoming a member firm of Ernst & Young Global.
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