FML
FML (Fiondella, Milone & LaSaracina LLP) is a regional Connecticut-based CPA firm offering audit, tax, advisory, outsourced accounting, and transaction services to manufacturers, life sciences companies, technology firms, PE/VC-backed entities, nonprofits, and closely-held businesses.
- Company typePrivate
- Founded2002
- HeadquartersGlastonbury, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What FML does
FML (Fiondella, Milone & LaSaracina LLP), doing business as FML CPAs, is a regional accounting and advisory firm headquartered in Glastonbury, Connecticut, founded in 2002. The firm operates a single integrated practice organized around five core service lines — Assurance and Advisory (audit, review, compilation, IT audit, SOC reporting, employee benefit plan audits, fraud/forensic accounting), Business Consulting (SOX, IPO consulting, staff augmentation, grant accounting), Outsourced Finance & Accounting, Tax Services (corporate, international, state, R&D credits, provision preparation), and Transaction Services (M&A due diligence, quality of earnings). It serves a diversified client base spanning manufacturing and distribution, life sciences and medical devices, technology and emerging companies, construction, retail, nonprofits, PE-backed companies, and VC/angel investors, with case-study logos including Brooks Brothers, Junior Achievement of Southwest New England, VeruTek Technologies, Hoppe Technologies, Valet Waste, and eWayDirect.
The firm employs over 120 professionals (including 19+ partners) across five Connecticut offices — Glastonbury (HQ), Stamford, New Haven, Avon, and Enfield — and combines regional depth with cross-trained expertise from Big 4 alumni (PwC, Deloitte) and corporate controller backgrounds. Pricing is fee-based on engagement scope and is not publicly disclosed; technology stack is conventional professional-services tooling augmented by a third-party payment portal (Aiwyn) for client billing. The firm pursues relationship-led go-to-market, supported by thought-leadership content in outlets such as the Hartford Business Journal, gold-sponsorship of the Connecticut Innovation Summit, and partner-level involvement in regional business organizations.
FML generates revenue through professional-services fees across audit, tax compliance and planning, business consulting, and transaction advisory mandates, with the January 2023 merger with Bregman & Company, PC (operating as a division of FML) marking its principal inorganic growth event. Ownership is the partnership of its founding members and subsequent partner promotions (Jeff Fiondella, Frank Milone, Lisa Willauer are founders); no private equity or venture capital ownership is indicated.
FML firmographics
Firmographics- Name
- FML
- Legal name
- Fiondella, Milone & LaSaracina LLP
- Website
- https://fmlcpas.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- FML (Fiondella, Milone & LaSaracina LLP) is a regional Connecticut-based CPA firm offering audit, tax, advisory, outsourced accounting, and transaction services to manufacturers, life sciences companies, technology firms, PE/VC-backed entities, nonprofits, and closely-held businesses.
- Ownership category
- akta.pro rank
Where FML is headquartered
LocationHeadquarters
- HQ city
- Glastonbury
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
FML business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Assurance and Advisory Services: Audit, review, and compilation services; internal audit; SOC reports; employee benefit plan audits; fraud and forensic accounting
- Tax Services: Tax preparation, planning, and compliance for businesses and individuals; state and local tax; international tax; R&D tax credits; tax provision preparation
- Business Consulting Services: Business consulting, transaction services, M&A advisory, IPO consulting, Sarbanes-Oxley services, financial expert staffing
- Outsourced Finance & Accounting: Outsourced accounting services for businesses
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
FML product offering
Product offeringCore offering
FML (Fiondella, Milone & LaSaracina LLP) is a Connecticut-based CPA and advisory firm that provides assurance and audit services, business tax planning and compliance, transaction advisory (M&A due diligence and quality of earnings), business consulting (SOX, IPO readiness, staff augmentation), and outsourced finance and accounting. The firm serves privately held and publicly traded businesses, nonprofit organizations, high-net-worth individuals, and PE/VC-backed companies across multiple industries.
Product overview
FML is a regional accounting and advisory firm offering a unified portfolio of professional services organized around five core offerings: Assurance and Advisory Services (audit, review, compilation, IT auditing, SOC reporting, employee benefit plan audits, fraud/forensic accounting), Business Consulting Services (tax planning, SOX compliance, IPO consulting, staff augmentation), Outsourced Finance & Accounting, Tax Services for Businesses (corporate tax, international tax, state tax, R&D credits), and Transaction Services (M&A due diligence, quality of earnings). Additional specialized services target specific industries (manufacturing, life sciences, technology, construction, retail, nonprofits) and ownership structures (closely-held, PE-backed, VC-backed, publicly traded). The firm operates as a single integrated practice rather than a platform-plus-modules architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Assurance and Advisory Services
- Business Consulting Services
- Outsourced Finance & Accounting
- Tax Services for Businesses
- Transaction Services
- Tax Services for Business Owners & Individuals
Companies that use FML
Customer profileNamed customers6 records
Segments11 records
Ideal customer profiles7 records
FML technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
FML partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Bregman & Company, PCcoreBregman & Company, PC merged with FML in January 2023 and began operating as a division of FML. The merger increased FML's staff to over 120 professionals and expanded service capacity in Connecticut.
- Connecticut Technology CouncilminorFML served as a Gold Sponsor of the Connecticut Innovation Summit, the signature event of the Connecticut Technology Council, honoring and supporting Connecticut technology companies.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
FML competitors and assessment
Company assessmentDirect peers
- Sax LLP: Mid-market advisory firm based in the Northeast offering accounting, tax, advisory, and wealth management services to closely-held and growth-stage businesses — a direct comparable for FML's service portfolio and client profile.
- Citrin Cooperman: Mid-sized regional advisory firm offering accounting, tax, and business consulting services to closely-held, middle-market, and emerging-technology clients across the Northeast US, comparable in size, service mix, and target segments.
- Whitley Penn LLP: Mid-market CPA and advisory firm serving closely-held and private-equity-backed companies across multiple industries; comparable in scale, M&A advisory capabilities, and client-segment breadth.
- WithumSmith+Brown, PC: Top-30 U.S. accounting and advisory firm serving closely-held and emerging-technology businesses with strong Northeast presence; comparable to FML in tech/nonprofit practice areas.
- CohnReznick LLP: Top-25 U.S. advisory firm serving middle-market, real estate, nonprofit, and emerging-technology clients with audit, tax, and transaction advisory — directly overlapping FML's industry verticals and Northeast footprint.
- PKF O'Connor Davies: Northeast-based accounting and advisory firm providing audit, tax, and consulting to closely-held businesses, nonprofits, and emerging companies; similar scale and industry mix to FML.
- Anchin, Block & Anchin LLP: New York-based regional accounting firm serving closely-held businesses, real estate, nonprofit, and professional services clients with audit, tax, and advisory services comparable to FML's mid-market focus.
- Marcum LLP: Top-15 U.S. accounting and advisory firm providing audit, tax, technology, and advisory services to middle-market companies, with strong presence in the Northeast and similar industry specialization as FML.
Broad incumbents
- RSM US LLP: Largest U.S. mid-market accounting and advisory firm with deep audit, tax, and consulting services for middle-market and PE-backed companies — represents the next-tier competitor targeting FML's client base as companies scale.
- BDO USA: Top-10 global accounting network with significant U.S. middle-market practice, competing for the same PE-backed and emerging-growth audit and tax engagements that FML pursues.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
FML social profiles
Digital presenceFML financial estimates
Financial estimateRevenue estimate
Valuation estimate
FML leadership team
Management profileNumber of profiles
Profiles19 records
FML funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FML M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FML
What does FML do?
FML (Fiondella, Milone & LaSaracina LLP) is a Connecticut-based CPA and advisory firm that provides assurance and audit services, business tax planning and compliance, transaction advisory (M&A due diligence and quality of earnings), business consulting (SOX, IPO readiness, staff augmentation), and outsourced finance and accounting. The firm serves privately held and publicly traded businesses, nonprofit organizations, high-net-worth individuals, and PE/VC-backed companies across multiple industries.
Is FML a public or private company?
FML is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FML founded?
FML was founded in 2002. It employs 101 to 250 people.
Where is FML based?
FML is headquartered in Glastonbury, United States, in the North America region.
How does FML make money?
Four revenue lines are on record. Assurance and Advisory Services are the primary driver. The others are tax Services, business Consulting Services and outsourced Finance & Accounting.
Who are FML's main competitors?
Direct peers on record are Sax LLP, Citrin Cooperman, Whitley Penn LLP, WithumSmith+Brown, PC, CohnReznick LLP, PKF O'Connor Davies, Anchin, Block & Anchin LLP and Marcum LLP. Broad incumbents are RSM US LLP and BDO USA.
Does FML have an API?
No public API is recorded for FML.