Millburn tax services firm Harrison, McCarthy & Co. will be acquired by The Colony Group, a Boston-based financial advisory firm, according to an Oct. 8 announcement.
The transaction, which is subject to customary closing conditions and expected to close on Nov. 1, will leave Colony with 18 offices nationally and more than 290 team members.
“We had been looking for a highly sophisticated professional tax services team to complement our growing multifamily office across the [New York] metro area,” said Colony Group Chair and Chief Executive Officer Michael Nathanson in a prepared statement. “With offices strategically located in New York City, Long Island, southern Connecticut and northern New Jersey, we are well-positioned to service clients throughout the region.”
Harrison McCarthy was founded in 2001 by Jeff Harrison and Kristine McCarthy, who expanded the firm through the years with a specific expertise in servicing physicians, medical practices and high-net-worth families.
“We have collaborated with the Colony team to deliver tax, investment management and financial planning services to clients over the years,” said Harrison, who will join Colony as a principal and managing director. “When we started seeking a partner to broaden our service offering and manage the day-to-day office operations, the Colony team was a natural fit.”
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