Wolf & Company Expands Bank and Credit Union Advisory Capabilities With Strategic Acquisition

BOSTON--(BUSINESS WIRE)--Wolf & Company, P.C., a nationally recognized accounting and consulting firm, today announced a strategic acquisition of The Kafafian Group, Inc., a Pennsylvania-based bank consulting group with an emphasis on strategic planning, performance measurement, and operations consulting. Both firms will unite under the Wolf & Company brand, creating a more comprehensive advisory platform for financial institutions navigating rapid industry change and helping banks and credit unions address rising regulatory complexity, technology disruption, and margin pressure through a single, integrated advisory partner.

For 25 years, The Kafafian Group has provided consulting services for over 500 financial institutions in 40+ states with asset sizes up to $100 billion. From management and financial advisory to profit and process improvement, experts within The Kafafian Group enable clients to solve challenges and take advantage of opportunities in a rapidly changing economic environment.

“The Kafafian Group’s mission melds perfectly with the ethos of Wolf & Company’s Financial Institution practice,” said Gerald R. Gagne, CEO and President of Wolf & Company. “Together, we’ll continue to address the challenges of this highly regulated sector and provide clarity and confidence for banks and credit unions, even as the world around us evolves.”

“We were drawn to Wolf & Company because we see value for our clients in having a dedicated advisor offering a comprehensive range of services,” said Jeffrey P. Marsico, President of The Kafafian Group. “Wolf & Company’s core tenets – stability and growth – will elevate financial institutions’ ability to navigate the unique opportunities that lie before this industry today. Digital asset and AI adoption, cybersecurity services, assurance, tax... our clients will now have access to experienced experts in all these areas and more.”

Wolf & Company’s strategic acquisition of The Kafafian Group demonstrates how top firms are reacting to the changing needs of the industry. One advisor with deep knowledge at an institutional level will better serve clients with holistic solutions. This also sets the foundation for long-term, stable client-advisor relationships. These two firms – now united as one – are uniquely positioned to serve financial institutions thanks to a combined 140 years of experience across advisory, assurance, and tax.

“We are proud, grateful, and incredibly humbled by The Kafafian Group's achievements, and by combining with Wolf & Company, there is only more to come,” said Robert E. Kafafian, Chairman and CEO. “Not only have we worked with hundreds of financial institutions to capitalize on the opportunities ahead, but we’ve passed the knowledge and learnings of each interaction down to the future leaders of our firm. Our clients can be confident that the advisors they know and trust will continue to guide them. And for our team, this combination opens new doors for leadership and professional growth, ensuring our legacy of service and expertise endures well into the future.”

Kafafian will remain in a senior role and continue working with clients, and Gagne will continue to serve as CEO of Wolf & Company for the duration of his elected term.

As regulations shift and technology evolves, banks and credit unions continue to find value in trusted advisors. Proven knowledge of the industry is required, and a deep understanding of the individual institution itself is paramount. With this strategic acquisition, clients can form long-standing relationships and make decisions with confidence.

Together, The Kafafian Group and Wolf & Company are the advisor and employer of choice.

About The Kafafian Group, Inc.

The Kafafian Group, Inc. is a finance, strategy, and operations consulting firm with one goal in mind: helping financial institutions perform better. A long history of insight combined with a team of financial institution executives, The Kafafian Group offers diverse experiences. The firm solves challenges and takes advantage of opportunities within the rapidly changing financial services industry and economic environment. Learn more at www.kafafiangroup.com.

About Wolf & Company, P.C.

Wolf & Company, P.C. is a top 70 national advisory, assurance, and tax firm with several industry-focused practices. For 115 years, the firm’s Financial Institutions practice has guided banks and credit unions through complex regulatory landscapes and economic changes. With a foundation built on integrity and deep industry expertise, Wolf & Company provides tailored solutions designed to help clients confidently navigate what’s next. Learn more at www.wolfandco.com.