Parsippany Headquarters, NJ – June 10, 2025 – SAX, a leading accounting, tax, and advisory firm ranked among the top 100 in the nation, is excited to announce its acquisition of Sewald & Anastasia CPAs, effective June 1, 2025. This strategic alliance enhances SAX’s presence in Monmouth County, New Jersey and strengthens its real estate and private client service capabilities through the addition of seasoned experts Charlie Anastasia and Steven Sewald.
In 2023, Steven Sewald & Co. merged with Charles Anastasia to form Sewald & Anastasia. After nearly two years of strong growth in the south New Jersey market, the two lifelong tax professionals and softball teammates saw the opportunity of joining SAX as the next stage of the firm’s natural evolution. Sewald & Anastasia, a well-respected full-service tax and accounting firm with a 30-year legacy, has long served small to medium-sized businesses across key vertical markets, including construction, trucking, healthcare, and retail. This acquisition will bolster SAX’s capabilities in these vital sectors.
The integration includes an office located in Morganville, NJ, along with a talented team. Charlie Anastasia, who serves as Owner and Managing Partner of Sewald and Anastasia will join SAX as a Partner. In addition, Steven Sewald will be joining the firm’s dynamic and growing Private Client Services Practice as a Director, bringing over deep industry knowledge and a strong dedication to delivering outstanding client service.
Charlie’s experience will help to strengthen SAX’s Real Estate Practice, leveraging his extensive experience in the accounting and finance sectors to drive innovative strategies and solutions for clients.
With over 25 years of experience, Charlie is a seasoned CPA who has cultivated a robust career in the accounting field, having worked with the Big Four, national firms, and boutique practices. Since earning his CPA designation in 1997, he has developed niche expertise in the Real Estate industry, holding senior leadership positions at multi-billion dollar publicly traded Real Estate Investment Trusts (REITs). Licensed in both New Jersey and New York, Charlie’s client portfolio includes high-net-worth individuals, corporations, partnerships, public and private REITs, Opportunity Zone Funds, and small businesses.
“This acquisition is strategic, as both SAX and Sewald & Anastasia are equally aligned in our service philosophies and our dedication to continued growth to best serve our clients,” said Joseph Damiano, SAX Managing Partner. “We are excited to welcome Charlie and his team to SAX. This partnership is a significant milestone for SAX, as our firm looks forward to leveraging this partnership to deliver enhanced value and innovative solutions to its clients across the region.”
“I am thrilled to join SAX and contribute to the firm’s already impressive legacy,” said Charlie Anastasia. “This acquisition represents a unique opportunity to combine our strengths and deepen our commitment to delivering exceptional service to our clients. I look forward to working with SAX’s Real Estate Practice and helping our clients navigate the complexities of the industry with innovative solutions and personalized guidance.”
As a result of this partnership, SAX is now a 62-partner firm with 367 total employees. The firm now has five offices between New Jersey, New York, and Mumbai, India, and has a remote team that spans 22 U.S. states. Will Walsh of 1LifeConsulting, LLC consulted on the transaction.
About SAX
SAX is a Top 100 accounting, tax, and advisory firm serving the needs of privately held companies, family-owned businesses, nonprofit organizations, and high-net-worth individuals. With offices in Parsippany, NJ, Ewing, NJ, Morganville, NJ, and New York City, NY, and Mumbai, India, SAX has specialized expertise that benefits clients in our largest vertical markets. SAX provides added value to clients through advisory services that include but are not limited to Technology advisory services, Investment Banking, Transaction Advisory, HR Consulting, Valuation, Forensic & Litigation and Wealth Management. SAX has been nationally ranked and listed among the Top Accounting Firms by NJBIZ, INSIDE Public Accounting (IPA), Accounting Today and Forbes. For more information, please visit www.saxllp.com.