How Offering Broader Services Impacts CPA Firms
As the world and technology continue to change at an ever-increasing speed, so, too, is the way businesses are operating. Accounting firms are diversifying and offering a range of services that are rapidly becoming “the norm.” In this episode, CEO and Managing Partner of Sikich LLP, Christopher Geier discusses some of the ways in which this benefits both firms and clients, as well as some interesting thoughts on their hiring philosophy.
Christopher Geier is the CEO and Managing Partner of Sikich LLP. In addition to leading the overall strategic and financial direction of the firm, he is responsible for large mergers and acquisitions and is a member of the Executive Board. Chris is focused on delivering the highest level of professional client service and creating a dynamic workplace where employees can be successful. Previously, Chris served as the Partner-in-Charge of Advisory Services and Sikich’s investment banking team.
“You often learn more things from failures than from successes because you have to try so hard to make something work.”
What You'll Learn From This Episode:
- The highlights of Geier’s “zig zag” career path from law enforcement to CEO and Managing Partner
- How his years doing undercover police work have been of benefit to his current position and the firm
- One of the most important elements to consider when contemplating mergers and acquisitions
- Some thoughts on how the firm’s revenue has gone from $32 million to around $200 million in 12 years
- How Geier feels about competitors and competitive people
- Why Sikich employees need to be able to handle discomfort and “being on the edge of their seat”
- What Geier means by “building a professional services wrapper” and how it provides recurring revenue streams
- The firm’s hiring philosophy and strategies that help shape the firm for the future
- Fun Facts about Geier’s “living on the edge” hobbies