Aug 10 Sax LLP CEO and Managing Partner Joseph Damiano Named to Accounting Today’s 2022 Managing Partner Elite
Parsippany, NJ Headquarters – Thursday, August 11, 2022: Joseph Damiano, Sax LLP CEO and Managing Partner has been named to Accounting Today’s prestigious 2022 MP Elite list. This distinction, given to only 10 managing partners in the country each year, recognizes leaders of top CPA firms who have demonstrated outstanding management qualities and an ability to drive growth and innovation.
Accounting Today’s 2022 MP Elite report identified and profiled the best leaders of public accounting firms of all sizes across the country that have been pushing their practices and people out to the leading edge of the profession. Honorees were judged on criteria that included (1) quantitative data on revenue and staff growth (2) the growth and expansion strategies they have implemented (3) their leadership in building talented dedicated staff (4) innovation in service lines, practice management and client service (5) adoption and promotion of cutting-edge technology.
This year’s honorees are made up of managing partners that have had the foresight to implement remote working environments even before the start of the pandemic, are conceptualizing new ways to attract and retain talented professionals and are evolving their roles as advisors by embracing clients’ need for more holistic business management services. Additionally, the 2022 MP Elite are at the forefront of emerging new markets like cannabis and cryptocurrency and emphasize growth by setting ambitious and strategic plans for their firms.
“I recognize making Accounting Today’s MP Elite list is quite an accomplishment and I am deeply honored to be acknowledged in this way,” said Joseph Damiano, CEO and Managing Partner of Sax LLP. “While the events of the last few years, including the pandemic and Great Resignation, have proven to be disruptive, Sax’s proactive and innovative moves and measures have provided us with a strong foundation for growth and stability in the face of extreme adversity. I wish to extend my sincere gratitude to everyone at Sax for living out our strategic plans and progressive philosophies over my time as Managing Partner that have allowed our firm to see such success today.”
In addition to this year’s MP Elite accolade from Accounting Today, Damiano was also ranked seventh on the 2022 NJBIZ Accounting Power 50 list that named the top 50 certified public accountants (CPAs) in New Jersey. The top 10 placement marked the third consecutive year in which Damiano was named to the prestigious list and is testament to Sax’s unprecedented growth that includes more than doubling its assets under management (AUM) and revenue under Damiano’s leadership.
About Sax LLP
Sax LLP is a Top 100 accounting, tax and advisory firm serving the needs of privately held companies, family-owned businesses, not-for-profit organizations, and high-net-worth individuals. With offices in Parsippany, NJ, Pennington, NJ and New York City, NY, 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 Cybersecurity and Managed IT, 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.
About Accounting Today
Accounting Today is a leading information resource for public accountants – serving the community of professionals who provide tax preparation, bookkeeping, auditing, financial planning, and business advisory and consulting services to individuals and small businesses. Accounting Today focuses sharply on the industry’s most important concerns, including tax law, accounting standards, technology, audit and assurance, and wealth management. For more information, visit www.accountingtoday.com.