What Tait Weller does

Tait Weller (legal entity: Tait, Weller & Baker LLP) is a Philadelphia-headquartered, full-service accounting and advisory firm founded in 1921, operating as an independent partnership (LLP) under Pennsylvania jurisdiction. The firm delivers audit and assurance, tax, and consulting services to two primary verticals: regulated investment companies (mutual funds, ETFs, hedge funds, broker-dealers, investment managers, transfer agents, and underwriters) and non-profit organizations (foundations, universities, religious entities, international relief organizations, healthcare providers, labor unions). The firm audits approximately 600 mutual funds and investment partnerships, supporting both emerging managers and established institutions; named clients include Pacific Life Mutual Funds (15 funds, $13B AUM), FPA Funds (7 funds, $21B AUM), EA Series Trust (34 ETFs), Sprott, Granite Shares, and Volatility Shares. Commercial clients and employee benefit plan audits comprise secondary, smaller service lines.

The firm is a member of Russell Bedford International, a global network of independent professional services firms, which provides cross-border capability for international investment structures without compromising independent status. Distribution is direct, via five offices (Philadelphia HQ, Iselin NJ, New York NY, Washington DC, and Grand Cayman), with engagement teams led at the partner level; client relationships are sticky, with over 80% of work originating from existing clients and 20% of new clients transitioning from Big Four firms. The technology stack is non-proprietary — the firm relies on ShareSync for its client audit portal and ShareFile for its client tax portal — and no proprietary platforms, AI/ML systems, APIs, or mobile applications are disclosed. Revenue derives from professional services billing on audit, tax, and consulting engagements organized by industry vertical; pricing is not publicly disclosed.

The competitive positioning hinges on long-tenured partner expertise, continuous representation on AICPA committees and the Investment Companies Audit Guide since the late 1950s, and deep specialization in Investment Company Act of 1940, SEC, FINRA, Uniform Guidance, and GAO Government Auditing Standards compliance. Go-to-market is relationship-led and content-supported (website insights, LinkedIn, email newsletter), without sales operations tooling, channel partners, or intermediated distribution.

Name

Tait Weller

Legal name

Tait, Weller & Baker LLP

Website

https://taitweller.com

Company type

Private

Founded year

1921

Operating status

Operating

Headcount range

101–250 employees

Short description

Tait Weller is a Philadelphia-based full-service accounting and advisory firm founded in 1921, specializing in audit, tax, and consulting for regulated investment companies (mutual funds, ETFs) and non-profit organizations. It operates five offices across the US and Grand Cayman.

Ownership category

akta.pro rank

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Audit and Assurance Services: Audit and assurance services for regulated investment companies, non-profit organizations, and commercial clients. Performed in accordance with AICPA and PCAOB standards.
2. Tax Services: Tax return preparation, review, and consulting services including RIC tax, non-profit tax, pension and benefits tax, and international tax services for investment companies and non-profit organizations.
3. Consulting Services: Management and technology consulting including strategic planning, internal control reviews, compliance reviews, financial planning, IT infrastructure assessment, and system implementation services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Tait Weller is a full-service accounting and advisory firm providing audit and assurance, tax, and consulting services. The firm specializes in regulated investment companies (mutual funds, ETFs, broker-dealers, alternative investment funds) and non-profit organizations, with deep expertise in SEC, FINRA, Investment Company Act, and Uniform Guidance compliance. Services are delivered directly by partner-led engagement teams across five U.S. and Caribbean offices.

Product overview

Tait Weller is a full-service accounting and advisory firm offering audit, tax, and consulting services. The firm operates as a single unified service offering organized by industry specialization (Financial Services, Non-Profit, Commercial) and service type (Audit and Assurance, Tax, Tax Planning, Consulting, Employee Benefit Plans). Rather than a platform-plus-modules architecture, Tait Weller provides personalized professional services through engagement teams that combine expertise across audit and assurance, tax preparation and planning, and consulting practices to serve clients in the financial services and non-profit sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit and Assurance
• Tax Services
• Tax Planning
• Consulting
• Financial Services Practice
• Non-Profit Services
• Employee Benefit Plan Audits
• Commercial Services

Quantifiable outcome

• Over 80% of work comes from existing clients, demonstrating high client satisfaction and retention
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Russell Bedford InternationalminorOthersTait Weller is a member of Russell Bedford International, a global network of independent professional services firms. This membership provides access to international resources and cross-border professional connections while maintaining the firm's independent positioning.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Cohen & Company: Mid-market accounting and advisory firm with a dedicated Investment Management practice auditing mutual funds, ETFs, and broker-dealers. Highly comparable to Tait Weller in target client, service mix, and niche specialization.
• EisnerAmper: Top-20 US accounting firm with a strong Financial Services practice serving investment advisers, mutual funds, hedge funds, and broker-dealers. Directly comparable in client base and service lines, though larger and more diversified.
• WithumSmith+Brown: Mid-Atlantic headquartered accounting and advisory firm with a Financial Services practice serving investment companies, broker-dealers, and non-profits. Similar size band, regional East Coast footprint, and industry mix to Tait Weller.
• Cherry Bekaert: Top-25 US accounting firm with a dedicated Financial Services group serving mutual funds, broker-dealers, and investment advisers. Comparable in niche focus, partner-led delivery, and mid-market positioning to Tait Weller.

Broad incumbents

• BDO USA: Top-5 global accounting network with a substantial Investment Management practice auditing mutual funds and ETFs. Competes with Tait Weller for fund-complex audit mandates but operates as a full-service, multi-industry firm.
• KPMG US: Big 4 firm with a dedicated Investment Management group auditing investment companies, broker-dealers, and asset managers. Represents the incumbent competitor from whom Tait Weller wins disenchanted clients.
• Deloitte US: Big 4 firm with one of the largest mutual fund and ETF audit practices globally. A key incumbent competitor for large and complex investment-company audit engagements.
• Plante Moran: Large US mid-market accounting firm with a Financial Services practice. Comparable in size band and culture, but with broader geographic and industry reach than Tait Weller.
• Eide Bailly: Top-25 US accounting firm with growing Financial Services and non-profit practices. Comparable in mid-market positioning and partner-led model, though broader geographically.
• RSM US: Top-5 US mid-market accounting firm serving financial services clients including broker-dealers and investment advisers. Overlaps with Tait Weller's regulated financial services client base at a larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/taitweller
• LinkedInlinkedin.com/company/tait-weller

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tait Weller