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Press Release

Thursday, February 16, 2017

Bernstein Business Management Group Joins Armanino


SAN RAMON, Calif. (February 16, 2017)Armanino LLP, the largest independent accounting and business consulting firm based in California, today announced that Bernstein Business Management Group is joining Armanino, effective March 1, 2017. The Woodland Hills, California-based group will operate as Armanino and will join the firm’s existing Business Management department. Both firms offer core Business Management services, including cash management & financial planning, banking, insurance coordination, bookkeeping, payroll, and tax planning & preparation for high net worth individuals and the entertainment industry.  

“Bernstein Business Management Group brings a wealth of experience working with high net worth individuals and professionals in the entertainment industry,” said Ken Coelho, partner-in-charge of Business Management at Armanino LLP. “The group’s talents, combined with Armanino’s deep technical know-how, will allow us to further deliver hands-on, personal service to our clients.”

Bernstein Business Management Group complements Armanino’s entertainment expertise and expands its Business Management practice into the San Fernando Valley. It will also expand Armanino’s network of trusted services providers, such as agents, attorneys and personal managers, with whom Armanino cooperates to manage all of its clients’ financial affairs. As a full-service accounting and consulting firm, Armanino brings additional audit, international tax, high-tech and deep consulting offerings to Bernstein Business Management Group’s clients.

“Joining Armanino has been a well thought out and strategic decision,” said Robert Bernstein of Bernstein Business Management Group. “We are excited to join such an innovative and comprehensive firm that shares our philosophy and approach to establishing authentic relationships with clients.”

Bob Bernstein will join Armanino as a partner, and he and his team will relocate to Armanino’s office in Woodland Hills, California at 21600 Oxnard Street. Clients will experience no disruption of services during the transition and will continue to work with the same team they have known and trusted for many years.

Armanino has been listed on Inside Public Accounting’s Best of the Best Managed Firms list for 14 out of the last 15 years, was named a Best of Accounting in Client Satisfaction 2016 by Inavero, nearly doubling the accounting industry average in Net Promoter Score, and is regularly featured in best places to work lists.

This transaction with Bernstein Business Management Group is scheduled to close on March 1, 2017, subject to customary closing conditions.

About ArmaninoLLP
Armanino LLP (www.armaninollp.com) is the largest independent accounting and business consulting firm based in California and one of the largest in the United States. Armanino provides an integrated set of audit, tax, business management, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business from start-up through rapid growth to the sale of a company. Armanino emphasizes smart technology; leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. Armanino extends its global services to more than 100 countries through its membership in Moore Stephens International Limited – one of the world's major accounting and consulting membership organizations. In addition to its core consulting and accounting practices, Armanino operates its division – AMF Media Group (www.amfmediagroup.com) a media and communications services agency. Its affiliates include Intersect Capital (www.intersectcapitalllc.com), an independent financial planning, wealth and lifestyle management firm, and The Brenner Group (www.thebrennergroup.com), an Armanino company dedicated to interim CFO and permanent placement services and a comprehensive suite of specialized financial and management services.