Five Star Brokerage

What Five Star Brokerage does

Five Star Brokerage Corp is a privately held, third-generation family-run accounting and financial services firm headquartered in Jackson Heights, New York, with branch offices in Elmhurst and Syosset. The firm provides a horizontal suite of professional services including bookkeeping and accounting, tax planning and compliance, payroll processing, ITIN processing, insurance consulting, and incorporation services (Sole Proprietorship, C-Corp, S-Corp, Partnership, LLP). It serves a broad mix of small businesses and startups, mid-sized companies, established corporations, and individual consumers, with particular emphasis on the immigrant and individual tax market through its IRS Certifying Acceptance Agent designation for ITIN processing. The website also references mortgage services as part of the firm's broader offering.

The business operates on a relationship-driven, consultation-based sales model. Customers initiate engagement through phone, email, or web contact forms, with services delivered via scheduled in-person consultations at the three physical office locations. Pricing is quote-based and not publicly disclosed, with fees tied to the complexity and scope of each engagement. The firm carries no proprietary technology platform; all services are delivered by human professionals, with a standard WordPress website and basic social media presence (Facebook, Twitter, Instagram) supporting top-of-funnel awareness. The company is independently owned by the founding family, with no external institutional investors, parent company, or subsidiaries. No revenue, headcount, or growth metrics are publicly disclosed.

Name

Five Star Brokerage

Legal name

Five Star Brokerage Corp

Website

https://fivestarbkg.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Five Star Brokerage Corp is a third-generation, family-run accounting and financial services firm in New York offering bookkeeping, tax, payroll, ITIN, insurance, and incorporation services to small businesses, mid-sized companies, corporations, and individuals across three branch offices.

Ownership category

akta.pro rank

Headquarters

HQ city

Jackson Heights

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Accounting and Bookkeeping Services: Ongoing bookkeeping and financial statement preparation services for businesses, generating recurring revenue through retainer or per-service arrangements.
2. Tax Planning and Compliance: Tax preparation, planning, and compliance services for individuals and businesses, with fees based on complexity and scope of services.
3. Payroll Processing: Payroll management services ensuring accurate employee payments and regulatory compliance, likely structured as recurring fees based on employee count or transaction volume.
4. ITIN Processing: Assistance with obtaining Individual Taxpayer Identification Numbers, positioning the firm as Certifying Acceptance Agents for streamlined processing.
5. Insurance Consulting: Insurance advisory services helping clients select appropriate coverage across general liability, professional liability, property, and health insurance.
6. Incorporation Services: Business formation services including sole proprietorship, C-Corp, S-Corp, and Limited Liability Partnership setup.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Five Star Brokerage Corp is a third-generation family-run accounting firm that delivers professional financial services to businesses and individuals. Its core offerings include bookkeeping and accounting, tax planning and compliance, payroll processing, ITIN (Individual Taxpayer Identification Number) processing as a Certifying Acceptance Agent, insurance consulting, and business incorporation services (Sole Proprietorship, C-Corp, S-Corp, Partnership, and LLP).

Product overview

Five Star Brokerage Corp is a third-generation accounting and financial services firm offering a comprehensive suite of professional services. The company provides standalone service offerings including Bookkeeping and Accounting, Tax Planning and Compliance, Payroll Processing, ITIN Processing, Insurance Consulting, and Incorporating Services. These services are delivered as distinct but complementary offerings designed to meet the financial and regulatory needs of businesses at every stage, from startups to established corporations.

Differentiator

Problem solved

Functional benefit

Products and services

• Bookkeeping and Accounting

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Citrin Cooperman: Mid-market accounting and advisory firm headquartered in New York with deep presence in the same metro area. Comparable in geographic market (NY) and core accounting/tax/ advisory services, though serving larger mid-market clients.
• Jackson Hewitt: National tax preparation franchise serving individual taxpayers and small businesses. Comparable in serving similar demographics (including immigrant communities needing ITIN-related support) but at significantly larger scale than Five Star.
• H&R Block: Mass-market tax preparation chain with thousands of retail locations. Overlaps with Five Star's tax planning and compliance line for individual and small business clients, but operates at vastly larger scale with technology-enabled delivery.

Direct peers

• Padgett Business Services: Franchise network of independent accounting and tax practices serving small businesses with bookkeeping, tax, payroll, and advisory services. Closely matches Five Star's local professional services model and SMB focus, with similar horizontal segmentation.
• Pilot: Tech-enabled bookkeeping, accounting, and CFO services focused on startups and small businesses. Comparable in serving the SMB segment with recurring bookkeeping and tax-adjacent services, though delivered via a software-augmented model rather than purely human.
• BizFilings: Business formation and incorporation service provider (LLC, C-Corp, S-Corp, partnership setups). Comparable to Five Star's incorporation services line, with similar SMB customer focus and entity-type menu.
• 1-800Accountant: Virtual accounting and tax services firm serving small businesses and individuals nationwide. Highly comparable to Five Star in target market (SMBs/individuals) and comprehensive service suite spanning bookkeeping, tax, payroll, and incorporation.
• Insureon: Online insurance brokerage specializing in small business coverage (general liability, professional liability, commercial). Directly comparable to Five Star's insurance consulting line, with similar customer profile of SMBs seeking coverage advisory.
• Bench: Tech-enabled bookkeeping platform combining software with dedicated bookkeepers for SMBs. Directly overlaps with Five Star's bookkeeping and accounting offering, with similar recurring revenue model but with proprietary technology Five Star lacks.

Regional players

• Anchin: New York-based accounting and advisory firm serving privately held businesses, real estate, and high-net-worth individuals. Operates in the same NY metro market with overlapping service lines (accounting, tax, advisory) but focuses on larger and more sophisticated clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/fivestarbkg
• Facebookfacebook.com/fivestarbkg82
• Instagraminstagram.com/fivestarbkg
• LinkedInlinkedin.com/company/five-star-brokerage-corp---tax-experts

Revenue estimate

Valuation estimate

Number of profiles

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 Five Star Brokerage