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Friday, December 4, 2020
Banking Fort Worth accounting firm merges

Fort Worth accounting firm merges

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Sanford, Baumeister & Frazier LLP (SF&F), a 66-year-old full-service accounting firm headquartered in Fort Worth, has combined with Minneapolis-based professional services firm CliftonLarsonAllen (CLA), effective Sept 1.

SB&F established a Dallas presence through a merger with Hugly PC in 2010.

Managing partners Rick Baumeister and Allyson Baumeister will assume leadership roles in CLA’s Dallas and Fort Worth offices, respectively.

“We have been approached in the past to join other firms and our answer was always, ‘no,’ because there wasn’t a cultural fit,” said Allyson Baumeister. “CLA is different.”

Each office decides how to best serve clients, and is supported with resources from across the country. CLA has nearly 4,000 employees, 90 locations in the United States and a global affiliation. Founded in 1960, CLA recorded revenues of $630 million in 2014, according to the company’s website.

SB&F, with a team of 50, will relocate Sept. 21 to 801 Cherry St. in downtown Fort Worth. CLA’s 60-plus professionals will be located at 5001 Spring Valley Road in Dallas.

Betty Dillard



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