MAKING A DIFFERENCE ANNUAL REPORT 2015 TAKE A LOOK BACK
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1 ANNUAL REPORT TAKE A LOOK BACK
2 TIM CHRISTEN Chairman & CEO Without question, was an exceptional year for Baker Tilly. It was a year in which we increased our visibility, expanded our influence, and leveraged our position of leadership within the profession to make a difference. In, we also combined with SF&Company, Wolinski & Company, and Global Development Partners. These were significant regional mergers that aligned well with Baker Tilly s culture and strategy. At the onset of the year, we selected and announced Baker Tilly Michigan Managing Partner Alan Whitman as CEO-elect. On June 1, 2016, Alan will become the firm s CEO. Our clients and our people are in great hands. Alan leads the firm with vision and purpose. He is an innovative and inspiring leader, and he gives us all great confidence in Baker Tilly s bright future. As Baker Tilly grows, opportunities for our people multiply, and we drive even greater results for our clients as Valued Business Advisors. We are honored that in Accounting Today named Baker Tilly the second fastest growing among the top 100 hundred accounting firms and the third fastest growing firm in the US. On June 1, I will be honored to step aside after 15 years as CEO to continue my service as chairman of the American Institute of CPAs, the world s largest member association representing the accounting profession. I look forward to continuing to help make a difference in the lives of the nation s accounting professionals and the businesses of the clients we serve. This annual report, Making a Difference, tells how and why we have come so far, so fast. Our story of growth is made possible by our extraordinary clients and our remarkable people who have built a truly incomparable culture. We have a goal to become America s Finest Professional Services Firm. That goal may seem lofty, but it is one we are committed to making a reality. It was a milestone year for Baker Tilly s growth. We made great strides on our objective of combining with firms that share our commitment to culture and our focus on delivering Exceptional Client Service. Notably, we made tremendous progress on our integration with ParenteBeard. This was a large undertaking, one that required continual and concentrated effort from both organizations. Our team members were outstanding throughout the process. Their hard work and collaboration guaranteed a successful and seamless integration of ParenteBeard clients, talent, and culture. Thank You, Tim Christen
3 At Baker Tilly, our position of leadership enables us to make a difference for our clients, our colleagues, and our communities.
4 A NATIONAL POSITION OF LEADERSHIP Baker Tilly is a nationally recognized firm, which means we have the size and scale to meet the diverse business needs of our clients domestically and internationally. Our industry-leading capabilities in specialized segments give us the ability to deliver tailored and responsive professional services for our clients wherever they happen to be.
5 AN INTERNATIONAL POSITION OF LEADERSHIP Baker Tilly is proud to be an independent member of Baker Tilly International, the eighth largest accounting and consulting network in the world, whose member firms share our dedication to quality and Exceptional Client Service. Being part of Baker Tilly International gives us significant global reach in addition to our substantial national presence. We collaborate to leverage our skills, resources, and local expertise to help our clients wherever they do business.
6 BAKER TILLY INTERNATIONAL BY THE NUMBERS NATIONAL RECOGNITION, GLOBAL PRESENCE
7 SPECIALIZATION Baker Tilly focuses on industry and service specialization. We are organized around the principle that our dedicated Valued Business Advisors provide unique understanding and knowledge of our clients unique business needs and challenges. This focus is our clients advantage.
8 AWARDS It is our privilege to be recognized with leading industry and workplace awards. We believe they reflect our commitment to our clients and to creating an exceptional workplace for our team members.
9 THIS LEVEL OF SCORING IS AMONG THE HIGHEST IN ANY INDUSTRY.
10 THE VOICE OF OUR CLIENTS Our clients tell our story best.
11 OUR PEOPLE
12 WE SAY IT OFTEN our people are our greatest asset. Our People create the culture that makes Baker Tilly such a special place to work. Our People build the relationships and provide the results that delight our clients. Baker Tilly s training and development programs enrich our team members professional capabilities to ensure we better serve clients as Valued Business Advisors. OUR PEOPLE Professional development programs include: Valued Business Advisor framework Milestone learning programs at each promotion Developing Leaders program Senior Manager/Director development program
13 Two initiatives are at the heart of our efforts to make a difference for our people: Baker Tilly leadership has been dedicated to the Growth and Retention of Women (GROW) program since it was created. It has been the foundation of our workplace diversity efforts and remains part of our continuing commitment to cultural initiatives that make Baker Tilly a more dynamic, collaborative, and innovative organization. Launched in, our SOAR (Supporting Opportunity, Advancement, and Recognition for All) diversity and inclusion initiative works to ensure all team members are supported, valued, and respected and that we provide the best opportunities for everyone through a diverse, inclusive workplace. OUR PEOPLE
14 GIVING BACK Service to our communities always has been a cornerstone of Baker Tilly s extraordinary corporate culture. Giving back where we live and work is something we take seriously. By providing ongoing support to a wide range of charitable organizations (just a few of which can be seen at right) across the US, we make a difference. Baker Tilly is honored to contribute time, donate funds, and invest in our communities. What s more, through our HERO (Helping Enrich Relationships through Outreach) program, we offer an annual allotment of time off with pay to employees who volunteer for community service projects. Each and every day, we celebrate the work and spirit of our people - our greatest strength. American Cancer Society American Heart Association Big Brothers Big Sisters Boy Scouts of America Children s Miracle Network Hospitals Habitat for Humanity March of Dimes Muscular Dystrophy Association Ronald McDonald Charities Special Olympics Step Up Women s Network Susan G. Komen Toys for Tots United Way YMCA
15 BAKER TILLY BY THE NUMBERS
16 CONSULTING / ADVISORY REVENUE BY SERVICE
17 BAKER TILLY BY THE NUMBERS
18 CONNECT WITH US
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