Anchin, Block & Anchin LLP

Anchin, Block & Anchin LLP Company Profile

Max, Max & David

Anchin, Block & Anchin is named for its three founders-Max Anchin, Max Block and David Anchin-who formed the firm in 1923. Today it's no longer just a local family business; it has three offices in the state of New York, including headquarters in Midtown Manhattan. Its 53 partners and 400-plus staffers are backed by Anchin's affiliation with HLB International, a worldwide network of independent accounting and advisory firms. HLB member firms can be found in over 100 countries, and include 440 offices, 1,750 partners and 13,400 employees.

Anchin's clients are privately-held businesses and high-net-worth individuals that call on the firm for financial statement preparation, audits, tax planning and compliance services, risk management, economic development and tax incentive services, management and succession advisory services, merger and acquisition services, wealth management, litigation support, forensic accounting and valuation services. The firm's industry specialty groups include apparel, textile, diamonds and jewelry; architecture and engineering; law firms; construction; financial services; food and beverage; manufacturing and distribution; insurance; real estate; nonprofit organizations; technology services; and trusts and estates.

According to analysis by Public Accounting Report, Anchin is one of the fastest-growing accounting firms in the country. And Anchin ranked No. 27 on INSIDE Public Accounting and Accounting Today's 2008 lists of America's largest CPA firms.

Behrman gets on board

In January 2008, Anchin announced its merger with H.J. Behrman, a New York City-based firm with a history reaching back to 1910. The deal added 26 accounting and tax professionals to Anchin's Manhattan office; upon closing, the H.J. Behrman name ceased to exist, and the combined firm rolled on under the Anchin moniker. Howard Krams, Louis Levy and Neal Klinger (Behrman's managing partners) agreed to join Anchin as partners. Frank Schettino, Anchin's managing partner, lauded Behrman's "reputation in the New York area" in a press release at the time of the deal, and noted that its expertise in the real estate industry "reinforces our position as the go-to real estate accounting and tax firm."

Diversifying services

Another expansion came in April 2008 when Anchin formed a strategic alliance with RFR International, bringing RFR founder Jeremiah Schnee on board as managing partner of a new business called ABA/RFR Business Advisory Services. Schnee's consulting business served middle market and multinational corporations, including Northrop Grumman, Pfizer, Allstate and Colgate Palmolive.


The ABA/RFR practice will work with privately held companies in the New York-metro area, offering operational improvement plans; strategic planning; new customer acquisition, brand, marketing and sales planning; human resources and organizational assessments; talent acquisition; and M&A advisory. Because clients who sign on for ABA/RFR services may also benefit from Anchin's core accounting and tax services, the new business has the potential to boost revenues in other areas of the firm.

Order in the court!

Thomas K. Lee, a prominent litigation support expert, joined Anchin's litigation support, forensics and valuation services group as a director in July 2008. Lee came to the firm after 15 years at Navigant Consulting, where he conducted financial investigations and advised clients and attorneys on financial dispute issues. Before that, Lee worked in Coopers & Lybrand's disputes and investigations practice.

The litigation, forensics and valuation services group is led by partner Stephen Shulman, a CPA and qualified expert in the New York Supreme Court and Federal Court.

You'll never get lost again

With all the growth that's been going on, Anchin's Manhattan headquarters now occupies seven floors, up from six in 2007. In addition to renting more space, the firm has been making some in-house improvements. According to a 2008 WebCPA article, Anchin has revamped its intranet in order to promote staff interaction and to help keep the small-firm feeling alive. When employees log in, they receive updates about firm developments, technical issues and staff news. There's also a daily list of all firm members who are celebrating their birthdays and a link to send birthday greetings via email.

Twice best

Anchin was one of just 60 firms to receive Accounting Today's 2008 Best Accounting Firms to Work For honor in October 2008. The first annual award program was created by The Accountants Media Group, which publishes Accounting Today, Practical Accountant, WebCPA and other titles. Firms were ranked in three categories (small, midsized and large), based on employee headcount; Anchin was among the 15 companies in the large category. The rigorous ranking process involved an evaluation of each firm's workplace policies, practices and demographics, plus employee surveys.

Also in 2008, the Society for Human Resources Management-the world's largest professional association devoted to human resource management issues-dubbed Anchin a Best Place to Work in New York.


The founding fathers

Each year the New York State Society of CPAs (NYSSCPA) presents the Max Block Distinguished Article Award to three authors whose work has appeared in The CPA Journal. Awards are given in three categories: technical analysis, policy analysis and informed comment. The late Block, a member of the NYSSCPA Hall of Fame, served as managing editor of the NYSSCPA Journal (which was later renamed The CPA Journal) from 1958 to 1972. The Max Block Award was established in 1975 to honor his contributions to the profession and the publication.

David Anchin, another firm co-founder, is remembered by the David C. Anchin Center for the Advancement of Teaching at the University of South Florida. (Anchin resided in Sarasota for many years after retiring from his firm.) The center that bears his name is dedicated to improving schools and promoting educational reform, causes that were always close to Anchin's heart. Anchin, one of five children in a Russian immigrant family, went to great lengths to obtain his own education. He worked before and after classes during high school in order to help support his family, and he earned advanced degrees from Fordham, New York University, and the City College of New York by working days and attending classes at night.

News and analysis

Anchin clients, and anyone with Internet access, can stay up to date on the firm's research, analysis and insight thanks to its many publications. The Anchin Advantage examines a range of general accounting and business topics, including family business management, fraud detection, energy efficiency and tax news. Construction Digest and Food and Beverage News address industry-specific issues. And The Long Island Advantage and The Westchester Advantage are aimed at companies doing business in those areas.

GETTING HIRED

Be the best

Insiders say Anchin is "very selective at each level, as we want to provide the best people to those who are already working at the firm." The firm recruits candidates at all levels and in a variety of specialties (such as litigation support, FAS 109, etc.) on a year-round basis. Those who join in audit will work with clients in the accounting and audit areas, and develop a strong tax background in corporate, partnerships and individuals' taxes. The firm says the ideal candidate to join its tax department is a CPA or JD with a master's in taxation either completed or in progress.

Though "it is not necessary to have an internship with our firm to get hired," it certainly can't hurt. Anchin offers six to eight paid internships a year to accounting majors.


According to the firm, the goal of the internship program is to recruit individuals who will remain with the firm beyond graduation. Each year, the firm hires several individuals on a full-time basis who came in as interns. The hiring process, says a source, involves "one informal interview followed by a formal interview with two supervisors and a partner. It's more discussion-based rather than the interviewer firing questions at the interviewee." If you're recruited from campus, you can expect to meet with "at least three more individuals" and will also be "assigned a buddy for the day." Anchin recruits from a number of schools, including Cornell, Fordham, SUNY Albany, SUNY Binghamton, Pace, Rutgers, Lehigh, Syracuse, Maryland and Boston College.

OUR SURVEY SAYS

Celebrate good times

The atmosphere of the workplace is "all about work and fun," and "the partners on down go out of their way to welcome you to the firm." The firm also places an "emphasis on balance and quality of life in the workplace." Thankfully, there are few egos reported. Anchin has a "very friendly staff" with an "open-door policy" where "any staff person can speak to a partner at any time."

Hours at the office are reasonable as well, averaging anywhere between 40 and 60 per week. And weekend work isn't a frequent occurrence, either. One insider admits weekend work "occurs during the busy season and only rarely the rest of the year," but even during the busy season it only "averages about once a month." Another contact confirms the infrequency of weekend hours, adding that "from January 15th through April 15th, I work only one weekend day."

Good vibes all around

Office space generally receives high marks from respondents. In the New York offices, there is a "new lunch and lounge area" that's "state-of-the-art." The dress code, "casual always except for client contact," also receives a thumbs-up from workers, as do Anchin's training programs. And as far as diversity in the workplace goes, contacts favorably rate the firm's efforts toward the equitable treatment of women, ethnic minorities, and gays and lesbians.

The firm's training programs also receive high marks from employees. "Anchin University is the best," enthuses one insider. In addition, team-building activities get a collective thumbs-up from workers, who laud the "annual ping pong tournament" and "semi-annual Texas Hold 'Em tournament."

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Anchin, Block & Anchin LLP


1375 Broadway
New York, NY 10018
Phone: 212-840-3456
Fax: 212-840-7066
www.anchin.com

STATS


  • Employer Type: Private
  • Managing Partner: Frank Schettino
  • 2010 Employees: 393

Major Office Locations

  • New York, NY

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SALARY FINDER

SALARY FINDER

Health Service Administrator

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  • 25
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  • 100+
Yearly Salary Range (US$ Thousands)