Saul N Friedman & Company

What Saul N Friedman & Company does

Saul N. Friedman & Company (SNFCO) is a private accounting and business advisory firm founded in 1974 and headquartered in Brooklyn, New York, with additional offices in Lakewood, Maplewood, and Monsey serving the broader New York metropolitan and New Jersey region. The firm operates six core practice areas: Tax Planning (proactive year-round tax strategy including multi-state, NYC Commercial Revitalization, NYS Enterprise Zone benefits, and R&D credits), Healthcare Accounting (with HUD audit expertise and governmental reporting), Financial Statements (Compilation, Review, Audit, and other AICPA-compliant engagements), Tax Audits (defense and representation), Business Credit Needs (financing advisory including SBA loans, lines of credit, AR financing, and asset-based lending), and Long-Term Family Wealth (trust establishment, charitable foundations, intergenerational estate planning). Its service delivery combines traditional phone, email, and in-person consultation with a client portal and dashboard for ongoing engagement.

The firm serves mid-sized businesses across at least 13 verticals — including food processing, securities & insurance, retail/mail order, importers/exporters, estates & trusts, web-based companies, nursing homes and long-term care, construction and real estate, healthcare, manufacturing and distribution, nonprofits, service businesses, and apparel. The team of 20+ professionals is led by founding partner Saul N. Friedman (50+ years at the firm, nearly six decades in the profession) and includes his son Simeon Friedman as Senior Partner, multiple long-tenured partners (Yecheskel Mondrowitz, 40+ years), a Tax Director who is both a tax attorney and CPA, and several CPAs with vertical specialization.

SNFCO generates revenue through fee-based professional services — likely a mix of hourly and fixed-fee arrangements typical of the accounting industry, with pricing not publicly disclosed. The go-to-market motion is sales-led and relationship-driven, relying on direct outreach and word-of-mouth referrals rather than paid marketing. The firm maintains an extensive curated network of 15+ affiliated specialist partners including banks, attorneys, SBA/EDA/IDA programs, brokerage houses, asset-based lenders, factors, and private lenders, which supports both client service delivery and reciprocal referral flows. Documented client relationships include J&R Music and Computer World (40+ years), Royal Wine / Kayco (15 years), Bottom Line Marketing Group (10+ years), and Springfield Group Inc., evidencing high client retention and a stable revenue base anchored by long-tenured engagements.

Name

Saul N Friedman & Company

Legal name

Saul N. Friedman & Co.

Website

https://snfco.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

Saul N. Friedman & Company is a private, Brooklyn-based accounting and business advisory firm founded in 1974, serving mid-sized businesses across 13+ verticals with tax planning, healthcare accounting, financial statements, tax audit defense, business credit advisory, and long-term family wealth services via a 20+ person professional team.

Ownership category

akta.pro rank

Product category

Accounting & Business Advisory Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Other Accounting Services (541219), Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (525920)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industries

Family Business & Succession Advisory (FSAAADAL), Risk Management & Insurance Advisory for Families (FSAAADAK), Philanthropy, Foundations & Grantmaking Advisory (FSAAADAG)

Keywords

• Accounting services
• Tax planning
• Business advisory
• Financial statements
• Audit defense

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Professional Accounting Services: Fee-based professional services including tax planning, financial statement preparation, audit defense, healthcare accounting, business credit assistance, and family wealth planning. Services are billed on a professional fee basis, likely hourly or fixed-fee arrangements typical of accounting firms.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Saul N. Friedman & Co. is a 50-year-old accounting and business advisory firm that provides year-round tax planning, financial statement preparation, healthcare accounting, tax audit defense, business credit/financing advisory, and long-term family wealth/estate planning services. The firm delivers fee-based professional services to mid-sized businesses and high-net-worth individuals across 13+ industry verticals, with a partner-led relationship model rather than seasonal tax preparation.

Product overview

Saul N. Friedman & Co. is an established accounting and business advisory firm offering a comprehensive suite of financial services rather than a software product. The firm operates as a unified service offering centered around six core practice areas: Tax Planning (proactive year-round tax strategy), Healthcare Accounting (specialized financial solutions for healthcare organizations), Financial Statements (assurance and compilation services), Tax Audits (defense and prevention), Business Credit Needs (financing advisory), and Long-Term Family Wealth (estate and succession planning). These services work together to provide holistic financial support to mid-sized businesses across diverse industries, with an emphasis on year-round partnership rather than seasonal engagement.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Planning Year-round proactive tax strategy management for mid-sized businesses and high-net-worth families, including federal tax minimization, multi-state planning, NYC Commercial Revitalization Programs, NYS Enterprise Zone Benefits, incentive and development credits, monthly and quarterly on-site financial planning visits, real estate tax abatements, year-end planning, and R&D program benefits.
• Healthcare Accounting Specialized financial solutions for healthcare organizations including monthly financial statements tailored to healthcare-specific needs, governmental reporting with HUD audit expertise, consulting services, and audit preparation for nursing homes, long-term care facilities, home healthcare agencies, and nonprofit healthcare entities.
• Financial Statements Meticulous preparation of financial statements at multiple assurance levels including Compilation, Review, Audit, and other AICPA-compliant engagements, serving businesses of all sizes for submission to government agencies, outside investors, banks, and other third parties.
• Tax Audits Comprehensive tax audit defense and prevention services including audit-proofing strategies, aggressive defense of client interests, IRS audit representation, and resolution negotiations.
• Business Credit Needs Assistance in securing financing options for business growth including lines of credit, government-guaranteed loans (SBA), short-term borrowing, real estate mortgages, term loans, equipment financing, accounts receivable financing and factoring, asset-based lending, and private financing through the firm's network of banks and lenders.
• Long-Term Family Wealth Strategic family wealth planning including establishing trusts and charitable foundations, comprehensive investment advice, intergenerational estate planning, insurance advice (general, life, and health), and mediation for businesses, shareholders, and families; tailored advice for real estate investors on succession and portfolio stability.

Quantifiable outcome

• Over 40-year client relationships
• +2 more outcomes

Named customers4 records

Segments13 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• In-House Trust & Estate PlanningcoreStrategic or Co-development PartnerIn-house capabilities for trust establishment and charitable foundations, estate planning, and intergenerational wealth transfer.
• Pension & Benefit Plan SpecialistscoreStrategic or Co-development PartnerAffiliated specialists for pension and employee benefit plan administration and compliance.
• Sales Tax Audit ExpertsminorStrategic or Co-development PartnerSpecialized experts for sales tax audit defense and compliance matters.
• Banks and Financial InstitutionscoreStrategic or Co-development PartnerRelationships with banks and financial institutions for client business credit and financing needs.
• Business and Real Estate AttorneyscoreStrategic or Co-development PartnerNetwork of attorneys for business and real estate legal matters supporting client needs.
• Mortgage & Insurance Brokers & AttorneyscoreStrategic or Co-development PartnerAffiliated mortgage brokers, insurance specialists, and attorneys for comprehensive client services.
• Brokerage HousesminorStrategic or Co-development PartnerRelationships with brokerage houses for investment advice and financial planning services.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Anchin, Block & Anchin: Mid-market NYC-based accounting and advisory firm offering tax, audit, healthcare consulting, and business advisory to family-owned and mid-sized businesses in similar NY/NJ verticals to SNFCO. Same relationship-driven mid-market positioning with comparable service mix.
• Marks Paneth: New York-based accounting firm providing tax, audit, and advisory services with particular strength in real estate, hospitality, healthcare, and family-owned businesses — directly overlapping with multiple SNFCO verticals. Comparable mid-market client base in the same metro.
• WithumSmith+Brown: Mid-Atlantic and Northeast CPA firm serving closely held businesses, healthcare, real estate, and nonprofits with tax, audit, and advisory services. Directly comparable mid-market positioning with healthcare/HUD and family business expertise.
• SobelCo: NJ-headquartered accounting and advisory firm focused on closely held businesses and mid-market companies in real estate, healthcare, manufacturing, and professional services — strong direct overlap with SNFCO's NJ geography and vertical mix.
• Berdon LLP: Mid-sized NYC accounting firm providing tax, audit, and advisory to closely held businesses, real estate, healthcare, and high-net-worth individuals — comparable relationship-driven mid-market model with overlapping service set.
• Grassi Healthcare Advisors (Grassi): NYC/NJ accounting and advisory firm with a defined healthcare accounting practice serving nursing homes, home health, and HUD-financed facilities — directly overlapping with SNFCO's signature healthcare/HUD vertical at comparable mid-market scale.

Broad incumbents

• CohnReznick: Top-30 national accounting firm with deep presence in NY/NJ, serving real estate, healthcare, government, and family-owned mid-market businesses. Larger, broader-portfolio competitor that overlaps heavily in SNFCO's core verticals.
• Marcum LLP: Top-20 national accounting and advisory firm with major NYC presence serving middle-market companies, including in healthcare, real estate, manufacturing, and apparel — direct vertical overlap with SNFCO at higher enterprise scale.

Emerging players

• Pilot.com: Tech-enabled bookkeeping, accounting, and CFO services platform targeting small and mid-sized businesses — competes for the routine bookkeeping and tax preparation layer of SNFCO's service stack with a software-first delivery model.

Regional players

• Kaufman Rossin: Florida-based mid-market accounting and advisory firm with strong family business, healthcare, and real estate practices — comparable mid-market positioning and vertical mix but operating in a different regional geography.

Market position

Strengths5 records

Weaknesses6 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/snfco
• Xx.com/snfcocpa

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 Saul N Friedman & Company