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Sharing news from BDO USA (Binder Dijker Otte)
Firm has More than Doubled Revenues Over Past Four Years
Chicago, IL – BDO USA, LLP, one of the nation’s leading accounting and advisory firms, today announced revenue for the fiscal year ended June 30, 2017 was $1.41 billion, a 9.6 percent increase from last year’s revenue of $1.29 billion. The firm’s growth was achieved through contributions from all business lines, as the firm’s assurance (+9.1%), tax (+12.8%) and advisory (+5%) practices each achieved positive results. Over the past four years, the firm’s revenues have more than doubled – from $683 million in 2013 to $1.41 billion today.
The firm’s assurance business line represents 49 percent of BDO USA’s business. BDO’s tax and advisory lines represent 34 percent and 17 percent of revenues respectively.
“In fiscal 2017, BDO USA continued to experience strong demand for services in all business lines as large public and private entities continue to be attracted to our industry focused approach,” said Wayne Berson, CEO OF BDO USA. “Moving forward, all of our practices are positioned for strong growth in the coming year.”
About BDO USA
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through more than 60 offices and over 500 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of 67,700 people working out of 1,400 offices across 158 countries.
BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com.
About Fulcrum Partners LLC
Securities offered through Valmark Securities, Inc. Member FINRA, SIPC, 130 Springside Drive, Akron, OH 44333-2431, Tel: 1-800-765-5201. Investment Advisory Services offered through Valmark Advisers, Inc., which is a SEC Registered Investment Advisor. Fulcrum Partners LLC is a separate entity from Valmark Securities, Inc. and Valmark Advisers, Inc.
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