PM Business Advisors Completes Spin-Off From Prager Metis CPAS LLC

PM Business Advisors has completed its spin-off from Prager Metis International, an independent, full-service public accounting and consulting firm with offices in the U.S. and London. The formation of PM Business Advisors was effective January 1, 2016.

PM Business Advisors will offer State & Local Tax Advisory, such as services including sales tax recovery and audit defense, Federal Tax Advisory services, such as cost segregation and r&d tax credit studies and Business Advisory services, such as accounts payable recovery and strategic sourcing.  Chris Vignone, a Principal of Prager Metis, will be the CEO & Managing Director of PM Business Advisors. “The timing was perfect to spin off and rebrand our advisory services,” says Vignone, “Our advisory services has grown to a level where we wanted to offer an additional layer of independence to our clients and referral sources. We are excited about going to market with our new offerings such as our Trusted Partner program. Through this program, we will work with CPA firms nationwide to offer unique, value-added services to their clients.”

The new structure will allow advisory services to remain focused on its two main verticals: 1) servicing Fortune 1000 businesses with asset and tax recovery services and 2) partnering with CPA firms nationwide to offer advisory services to their clients.   “Although we have had tremendous success with many of our advisory service offerings over the past three years, we believe that the proper platform for exponential future growth is an independent entity”, says Glenn Friedman, Co-Managing Partner of Prager Metis “We believe the new entity structure will be very attractive to PM Business Advisor’s target market and will allow the group to expand into additional service lines in a more efficient manner.”

PM Business Advisors will be headquartered from 14 Penn Plaza in New York City and will have additional offices in White Plains, New Jersey, and Los Angeles.

For more information, contact Chris Vignone at 212.835-2218, Ext. 566 or cvignone@pmbusinessadvisors.com

About PM Business Advisors LLC
Headquartered in New York City, and with offices in the New York, New Jersey and California. PM Business Advisors LLC is an independent business and tax advisory services firm. Our mission is to provide our clients with proven processes to identify unique opportunities to improve their operations through the implementation of best practices while offering them the fortitude to hold them accountable for change.