Bernath & Rosenberg Company Profile

Background

Founded in 1986, Bernath & Rosenberg is a distinguished accounting and wealth management firm headquartered in New York City. With over 35 years of experience, the firm specializes in providing comprehensive financial services to business owners and affluent families, focusing on preserving, protecting, and growing their wealth across generations. Their mission is to understand the complete financial landscape of their clients' lives, offering tailored solutions that encompass accounting, tax, and wealth management services.

Key Strategic Focus

Bernath & Rosenberg's strategic focus lies in delivering holistic financial solutions that integrate accounting, tax, and wealth management services. They cater to a diverse clientele, including business owners, executives, pre-retirees, retirees, private clients, and not-for-profit organizations. The firm's core objectives include:

Wealth Management: Providing personalized financial planning, estate and legacy planning, retirement plan design, and family office services.

Accounting and Tax Services: Offering expert accounting, tax preparation, and advisory services tailored to each client's unique needs.

Client-Centric Approach: Understanding and addressing the specific financial challenges faced by their clients, ensuring customized and effective solutions.

Financials and Funding

As of April 2025, Bernath & Rosenberg's annual revenue is estimated to be between $10 million and $50 million. The firm employs approximately 57 professionals across three continents, including North America, Asia, and Europe. The firm's revenue per employee is estimated at $146,700. Specific details regarding funding history and capital utilization are not publicly disclosed.

Leadership Team

Bernath & Rosenberg's leadership team comprises experienced professionals dedicated to delivering personalized financial solutions:

Jim Bernath, CPA/PFS, CFP®: Founder & Partner Emeritus

Jacob Rosenberg, CPA/PFS, CFP®: Founder & Partner

Benjamin Berger, CPA: Partner

Joe Schuck, CPA: Partner

Aaron Katz, CPA: Partner

Chaya Kohn, CPA: Partner

Ted Stricker, CFP®: Partner

Chaim Gutwein, CPA: Partner

Nathan Wilamowsky, CPA: Partner

Judah Lifshitz, CPA: Partner

This team brings over three decades of experience, working closely with clients to develop customized tax strategies and financial solutions.

Competitor Profile

Market Insights and Dynamics

The accounting and wealth management industry is highly competitive, with numerous firms offering a range of financial services. The market is characterized by a demand for personalized and integrated financial solutions, particularly among business owners and high-net-worth individuals.

Competitor Analysis

Bernath & Rosenberg faces competition from several firms in the nonprofit sector, including:

Schoonover Boyer Associates

NSBN LLP

Friedberg Smith and Co PC

Lynch Malloy Marini LLP

Carlson Highland and Co LLP

James Knutzen and Associates CPA's PA

Long Chilton LLP

Hartmann Blackmon and Kilgore PC

Piercy Bowler Taylor and Kern

Mcabee Schwartz Halliday and Company

These competitors offer similar services, emphasizing the need for Bernath & Rosenberg to differentiate through personalized client service and comprehensive financial solutions.

Strategic Collaborations and Partnerships

Bernath & Rosenberg has established a strategic partnership with Cetera Financial Specialists LLC, a member of FINRA/SIPC. This collaboration enables the firm to offer a broader range of financial services, including securities and advisory services, thereby enhancing their wealth management capabilities.

Operational Insights

The firm's commitment to understanding the complete financial picture of their clients' lives allows them to offer tailored solutions that address specific challenges faced by business owners and affluent families. This client-centric approach, combined with their extensive experience, positions Bernath & Rosenberg as a trusted advisor in the accounting and wealth management industry.

Strategic Opportunities and Future Directions

Looking ahead, Bernath & Rosenberg aims to continue expanding their service offerings and client base by leveraging their expertise in accounting, tax, and wealth management. By maintaining a focus on personalized client service and staying abreast of industry trends, the firm is well-positioned to address the evolving financial needs of their clients and achieve sustained growth.