Comprehensive Market Research Report: Topel Forman LLC and Competitor Analysis
Company Overview
Topel Forman LLC is an esteemed certified public accounting firm with significant operations in both Chicago and Denver. It offers a wide array of services, including attest, accounting, tax, advisory, and consulting services. The firm is distinguished in the industry for its commitment to integrity, trust, and excellence. It has achieved notable industry recognition, being named an Inside Public Accounting Top 200 firm and identified as a regional leader by AccountingToday. The firm reports an annual revenue of $28.5 million.
Recent Developments and Achievements
Topel Forman LLC has been consistently recognized as one of the best firms to work for, showcasing its commitment to workplace culture and employee satisfaction. On January 1, 2025, the firm announced the historic addition of four new partners, indicative of its growth and expanding talent pool. Additionally, the firm is advancing its Chicago operations by investing $750,000 in office expansion, reflecting its aspiration to enhance service delivery.
Key Personnel
Leadership Team
- David Levine
- Role: Managing Partner
- Experience: With more than 25 years in tax consulting and 20 years at Topel Forman, his leadership is well-regarded in industry discussions and top publications.
- Contact: dlevine@topelforman.com
- Brad Levandoski
- Role: Chief Operating Officer
- Experience: Bringing over two decades of expertise in financial advisory, he joined the firm in 2021 and has been instrumental in strategic expansion efforts.
- Contact: blevandoski@topelforman.com | +1 312 642-0006
Office Locations
- Chicago Office: 500 N. Michigan Avenue, Suite 1700, Chicago, Illinois 60611
(Phone: 312-642-0006)
- Denver Office: 55 Madison Street, Suite 650, Denver, Colorado 80206
(Phone: 720-588-4707)
Culture and Community Engagement
The firm is renowned for nurturing a culture that intertwines flexibility and excellence, fostering a collaborative environment. Emphasizing trust and proactive personal attention aligns with its long-standing client relations. Topel Forman actively participates in community initiatives, extending its impact beyond traditional business boundaries.
Notable Clients and Industries Served
Topel Forman caters to a diverse client base, including individuals, family-run enterprises, and corporations, offering tailored financial solutions effective across varying industries. This versatile service suite supports the firm's proactive strategy in keeping pace with the dynamic financial landscape.
Competitive Analysis
Topel Forman LLC operates in a competitive landscape featuring firms with specialized services tailored to unique clients' needs.
Primary Competitors
1. The MB Group LLC
- Founded: 2005
- Location: Plano, Texas
- Services Offered: CPA services with a focus on finance function optimization and strategic planning.
- Target Market: Business owners, families, and stakeholders.
- Proposition: Superior client engagement and proactive tax strategy.
- Website: [mbgcpa.com](https://www.mbgcpa.com)
2. Warady & Davis LLP
- Founded: 1949
- Location: Deerfield, Illinois
- Client Revenue Base: $0 to $750 million annually
- Services Offered: Audit, accounting, tax, consulting for privately-held firms and individuals.
- Achievements: Celebrating a legacy of 75 years.
- Website: [waradydavis.com](https://waradydavis.com)
3. Finley & Cook
- Founded: 1947
- Location: Shawnee, Oklahoma
- Unique Focus: Services for Tribal Nations and gaming sectors.
- Ownership Highlight: Significant Native ownership, enhancing tribal industry expertise.
- Website: [finley-cook.com](https://www.finley-cook.com)
4. Legacy Professionals LLP
- Founded: 2003
- Locations: Chicago, Minnesota, Indiana
- Specialization: Audit and tax for employee benefit plans, labor organizations, and nonprofits.
- Website: [legacycpas.com](https://www.legacycpas.com)
5. Ostrow Reisin Berk & Abrams, Ltd. (ORBA)
- Founded: 1977
- Location: Chicago, Illinois
- Service Offering: Full-service accounting and consulting services with complex transaction advisory.
- Positioning: Top 20 public accounting firms in Chicago.
- Website: [orba.com](https://www.orba.com)
Technological and Market Insights
The competitive environment features entities offering specialized, sector-specific financial solutions. This underscores the importance of personalized engagement and strategic client relationships, which are critical for differentiation and securing market position. Topel Forman LLC competes by leveraging its reputation and service excellence against peers known for long-standing client loyalty and specialized knowledge areas.
