KROST CPAs & Consultants Expands to Bring Clients Tax-Optimized Financial Advice

Los Angeles-based accounting and consulting firm now offers holistic wealth management to clients

Phil Clark

KROST, a full-service certified public accounting and consulting firm based in Southern California, is proud to announce the addition of wealth management services to its expansive suite of client offerings. KROST Wealth will combine the dynamic skills of CPAs with those of comprehensive financial planning to help its clients accumulate, protect, and transfer wealth.

“KROST has been committed to delivering proactive, innovative services to meet our clients' needs since our founding in 1939,” said Gregory Kniss, CPA, KROST managing principal. “The addition of wealth management services will allow us to partner with clients in new ways as we seek to better serve them by offering excellent advice on every aspect of their personal and business finances.”  

The addition of wealth management is just the latest development for KROST, one of the fastest-growing accounting firms in America according to INSIDE Public Accounting’s “Best of the Best” list for 2018, which ranked KROST second in the nation. The firm’s rapid pace of growth has also been recognized by Accounting Today, where the firm ranked #4 among the fastest growing firms in the U.S. in 2017.

KROST has been committed to delivering proactive, innovative services to meet our clients' needs since our founding in 1939. The addition of wealth management services will allow us to partner with clients in new ways as we seek to better serve them by offering excellent advice on every aspect of their personal and business finances.

Gregory Kniss, CPA

Managing Principal

KROST has brought on Philip Clark, a CERTIFIED FINANCIAL PLANNER™ with 15 years of experience in the financial services industry and expertise in key areas of comprehensive wealth management such as estate and tax consulting, insurance analysis, retirement planning, and investment strategies. Clark, who joined the firm in May, will serve as Director of Wealth Management for KROST Wealth.

To help launch this value-added service, KROST has selected 1st Global, a wealth management partner with more than 25 years guiding enterprise CPA firms toward success in wealth management. 1st Global will provide KROST Wealth with cutting-edge systems, expert coaching and flexible platforms to aid in the growth of its wealth management unit.

“KROST has the leadership, knowledge, and commitment to excellence that’s needed to succeed in wealth management,” said Al Prentice, 1st Global vice president, strategic relationships. “With the addition of the KROST Wealth practice and Philip Clark, the firm will be able to offer tax-optimized, holistic wealth management services to help their clients meet their long-term financial goals.”

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About KROST CPAs & Consultants

Established in 1939 in Pasadena, California, KROST, is a full-service Certified Public Accounting and Consulting firm serving clients in the greater Los Angeles area. KROST offers specialized niche services in a narrow band of industries including the financial services, food service, manufacturing and distribution, real estate, entertainment, technology, and not-for-profit sectors. Through its wealth management practice, KROST Wealth, the firm also offers financial planning and investment services to individuals, clients, families, and businesses.

About 1st Global

1st Global was founded in 1992 by CPAs who believe that accounting, tax, and estate planning firms are uniquely qualified to provide comprehensive wealth management services to their clients. 1st Global provides CPA, tax, and estate planning firms the education, technology, business-building framework, and client solutions that make these firms leaders in their professions through dedicated professional client relationships built around wealth management.

More than 400 firms have chosen to affiliate with 1st Global, making it one of the largest financial services partners for the tax, accounting, and legal professions.

Media Contact: Ryan George 214.294.5430 rgeorge@1stGlobal.com   

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame logo), which it awards to individuals who successfully complete initial and ongoing certification requirements. 

1st Global Capital Corp. is a member of FINRA and SIPC and is headquartered at 12750 Merit Drive, Suite 1200 in Dallas, Texas 75251; (214) 294-5000. Additional information about 1st Global is available via the Internet at www.1stGlobal.com.

For more information about KROST Wealth, please visit www.KROSTWealth.com.

Source: KROST


Categories: Finance

Tags: financial adviser, Financial planner, income protection and asset preservation, insurance, investment planning, Los Angeles, Phil Clark, retirement planning, risk management, tax planning, Wealth Management