Accounting Power 50
NJBIZ STAFF//June 27, 2022//
Sax LLP, which Joseph Damiano leads as CEO and managing partner, celebrated its 65th anniversary in 2021 with the launch of a redesigned website. And not long before that, the growing firm also made its move to a brand new, 39,000-plus-square-foot space at Latitude in Parsippany; a state-of-the-art environment that will help it “attract the next generation of professional talent.”
And the team that Damiano leads is growing, including with the addition of a new chief marketing officer and head of business development in February. Also growing: its capabilities and services. In 2021, Sax Capital Advisors was launched—an Investment Banking Practice that also expanded its existing Transaction Advisory Practice. The firm said the past year was a “banner” one, and the accolades it racked up in the past 12 months certainly lend themselves to that characterization. Those include ranking No. 96 on NJBIZ’s Top 250 Privately Held Companies in New Jersey list and at No. 25 on Construction Executive’s collection of the top accounting firms nationwide with a construction practice. And perhaps most impressively, Sax was one of two New Jersey firms – along with Withum – named by Accounting Today as one of the top 100 firms nationwide.
“Sax is clearly making a name for ourselves,” Damiano said in a fall announcement celebrating the firm’s successes, attributing them to the its team, clients and professional partners. “We are really proud of how far we’ve come and are excited for our bright future ahead.”