Overview
Armanino is recognized as one of the top 25 independent accounting and business consulting firms in the United States, serving a broad range of clients from privately held companies to public entities and nonprofit organizations. With a national footprint, Armanino provides both traditional and nontraditional accounting and business consulting services, aiming to deliver expertise and value with a strong commitment to innovation.
Leadership and Team
Executive Team
- Matt Armanino, Chief Executive Officer and Managing Partner, oversees growth and infrastructure improvements, leading strategies to address client needs with an emphasis on open communication to drive overall growth.
- John Kogan, Chief Financial Officer (CFO) of Armanino Advisory LLC, integrates strategic approaches to enhance financial operations and client satisfaction.
- Tom Mescall, Chief Growth Officer, leads the Growth and Innovation Office, handling Business Development, Marketing, Industry, and Client Management.
Services and Solutions
Armanino provides a comprehensive suite of services:
- Audit and Assurance: Specializing in audit, SOC, cybersecurity, data privacy, and contract compliance, focusing on reducing client risk.
- Tax and Consulting: Tailored services for navigating complex regulatory environments.
- Outsourcing and Advisory: Business Management, CFO Consulting, Strategy and Transformation, and Technical Accounting services to support business goals.
- Digital Transformation: The DataVue platform is utilized to elevate digital strategies and ensure competitiveness.
Industry Specialization
Armanino brings extensive experience across several industries:
- Cannabis, Consumer Business, Education
- Financial Services, Healthcare, Insurance
- Manufacturing, Technology, Real Estate
- Nonprofit and Professional Services
Culture and Values
Certified as a B Corporation, Armanino leverages business practices to positively impact society and the environment. The firm strives for a balance between profit and purpose while championing inclusive and sustainable business practices, demonstrating commitment through community service and a robust corporate social responsibility framework.
Recent Developments and Achievements
Named multiple times to INSIDE Public Accounting's Best of the Best list, Armanino's recent minority investment from Further Global Capital Management underscores its strategic expansion and heightened capabilities. Fiscal year 2023 saw Armanino achieve net revenue of $640.4 million.
Contact and Engagement
Armanino maintains a significant online presence for engaging stakeholders and clients via platforms that offer insights on accounting best practices, regulatory updates, and industry developments. Major offices are located in San Francisco, Los Angeles, New York City, and San Jose.
Competitors
Primary Competitors
1. PwC: A global leader with offices in 149 countries and over 370,000 employees, PwC ranks second among the Big Four, providing assurance, tax, and advisory services with 2024 revenues of $55.4 billion.
2. KPMG: Operating in 143 countries with approximately 273,000 professionals, KPMG offers audit, tax, and advisory services, focusing on public services, finance, and healthcare sectors.
3. Ernst & Young (EY): Employing about 400,000, EY aims to create a better working world through a wide range of services, also investing in AI with its EY.ai platform.
4. Deloitte: The largest professional services network with US revenues of $33 billion in 2024, offering broad audit, tax, consulting, risk, and financial advisory services.
Alternative Competitors
- Crowe
- Burr Pilger Mayer
- Sikich
Insights
Market Position: Armanino competes predominantly with the Big Four accounting firms, emphasizing fast-response audit services tailored to small and mid-cap companies. While lacking the global design of its larger rivals, it capitalizes on agility and specialized services.
Cultural Standing: Leading in Overall Culture Score, Armanino offers a dynamic work environment that draws both talent and clients seeking personalized services.
Focus & Strategy: To stand out against competitors like PwC, KPMG, EY, and Deloitte, Armanino prioritizes expertise, client responsiveness, and a supportive workplace culture, facilitating an edge in nurturing client relationships that larger firms might not as easily replicate.
