Passion in Palo Alto
Frank, Rimerman + Co. LLP, whose motto is "passion works here,"
is the largest locally-owned accounting and advisory firm in
Northern California. It has offices in San Jose, San
Francisco, Palo Alto and St. Helena, California as well as a
satellite office in New York City. In its latest fiscal year, tax
services made up the biggest chunk of the firm's earnings, bringing
in 58 percent of its $60 million in revenues; audit and assurance
made up 28 percent, while advisory and other services contributed
the balance. Most of Frank, Rimerman's corporate clients are
involved in real estate, professional services, venture capital,
distribution and agriculture. Thanks to its presence in
Silicon Valley, the firm also counts a number of high-tech startups
and growing companies among its clients.
The firm's roots go back to 1949 when a pair of Franks- Frank
Rimerman and Robert Frank- founded the firm. When Rimerman retired,
his son Thomas took over as managing partner. In 2000, Tom
Rimerman stepped down and Bryan Polster took the
reins. Besides being managing partner, Polster sits on the
advisory council of Baker Tilly International and the boards of
several companies. He's a former member of the AICPA Governing
Council and former board member of the California Society of
Certified Public Accountants (CalCPA).
Frank, Rimerman has three subsidiaries. Frank, Rimerman
Consulting stays busy in Silicon Valley, offering technology
consulting services to fast-growth companies. Frank, Rimerman
Advisors LLC serves affluent individuals, offering customized
financial advice and investment management services. And since
Northern California is synonymous with the fruit of the vine,
Frank, Rimerman operates a wine business services practice,
providing CPA services, market research, and business and financial
advisory to premium wineries throughout the country.
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