Office address: 205 N. Michigan Ave., 28th Floor, Chicago, IL 60601
Website: bakertilly.com
Year established: 1931
Company type: financial services
Employees: 11,500 (projected US headcount after Moss Adams merger)
Expertise: asset management, private equity, real estate investment, manufacturing and industrials, food and beverage, consumer and retail, middle‑market businesses, family offices and private wealth, institutional investors and endowments
Parent company: Baker Tilly International
Key people: Jeffrey Ferro (CEO), Shante George (CoS), Michael Herman (chief digital and information officer), Shane Lloyd (chief inclusion officer), Fred Massanova (chief growth officer), Theresa Meiners (chief risk officer), John Steger (chief marketing officer)
Financing status: private equity‑backed
Baker Tilly US is a Chicago‑based advisory, tax and assurance firm serving middle‑market clients. With about 70 US offices, it reported $1.8 billion in revenue in 2024. Globally, the company has more than 700 offices across 143 markets and ranks among the biggest international networks.
In 1931, in Waterloo, Wisconsin, the firm took shape during the Great Depression. Ed Virchow built the practice by auditing Midwestern canning companies that kept grocery shelves stocked nationwide.
Those early audit engagements taught the firm how to support businesses under pressure and change. Over time, the Wisconsin practice expanded beyond local work and set its sights on a national stage.
Through the following decades, Baker Tilly combined with more than 50 firms to extend its footprint. That steady stream of combinations helped build coast‑to‑coast coverage and stronger sector knowledge across the US.
The US firm also joined Baker Tilly International, one of the world's largest accounting and advisory networks. In 2019, the global network introduced a new logo and the slogan "Now, for tomorrow" to signal a sharper shared identity.
Recent years have brought a faster pace of change for clients, from policy shifts to new regulations. Elections around the world in 2024 are expected to drive fresh legislation and fresh tax rules in 2025.
The firm tends to be busiest when clients are adjusting to these kinds of policy changes. That outlook shapes Baker Tilly's plans, as teams prepare to guide businesses through trade measures, tax reforms and other complex updates.
Baker Tilly offers deal, fund and wealth services tailored to middle‑market investors and owners:
Beyond these offerings, Baker Tilly works across assurance, consulting, digital solutions and risk advisory for US clients. The firm also draws on its international network to support cross-border deals and global investors.
According to Baker Tilly, culture means people feel seen, heard, valued and connected at work. Its values are:
The firm also describes a dynamic, flexible workplace focused on growth and connection. Baker Tilly provides its staff with these benefits:
Baker Tilly says that its diversity, inclusion and belonging approach are built into business decisions and everyday practices firmwide. Signature initiatives and team member networks, created by employees around shared identities and interests, also give people structured spaces to connect and learn.
Jeff Ferro leads as CEO of Baker Tilly. He previously served as president of ParenteBeard and directed its 2014 merger and integration with Baker Tilly. Ferro has about 40 years of industry experience and often speaks to professional and academic groups on accounting and leadership.
Baker Tilly has leadership team that directs strategy, growth and culture across the US firm:
These are the leadership team as of late 2025, ahead of the Moss Adams merger. Several of these roles will have new appointments and expanded responsibilities as the combined firm's 2026 structure takes effect.
By 2026, the company will have completed a merger with Moss Adams to form the sixth‑largest US advisory CPA firm. The combined firm will have broader industry coverage and more locations to support middle‑market clients. Backing from Hellman & Friedman and Valeas Capital Partners will give Baker Tilly capital to hire people and build new services.
With this new merger comes new senior leadership, as the company sets a refreshed team for 2026. The firm will appoint experts to roles such as North American managing principal and COO, CFO and other senior posts to focus on clients and markets. By organizing leaders around strategy, operations, people, risk and technology, the firm aims for faster decisions and more consistent client service.
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