Wipfli grows revenue 8% | Accounting Today

Top 20 Firm Wipfli recorded $590 million net revenue in FY 2024, up 8% from fiscal year 2023, according to the Milwaukee-based firm’s 2024 Annual Report released Thursday.

The firm experienced growth across all service lines, with $214.8 million revenue in consulting and advisory, $190.5 million in audit and accounting, and $184.7 million in tax, all in the fiscal year which ended June 1, 2024. 

Wipfli also reported 55,974 total clients in that fiscal year, including 7,793 new clients. The firm currently has 294 partners and 3,191 full-time associates. 

“When our firm started nearly 100 years ago, we provided tax and bookkeeping services,” managing partner Kurt Gresens stated in the report. “Today, we integrate cloud and digital technologies, offer proficiency in our clients’ industries and engage a global workforce to provide solutions.”

Within the past year, Wipfli also completed a few mergers and acquisitions, adding Harbour Results in May, acquiring the risk management and loan review services divisions of Sheshunoff Consulting + Solutions last September, and merging in Clayton & McKervey last July.

“Through these acquisitions, Wipfli gained access to enhanced experience and a wider range of service offerings in the financial service and manufacturing sectors,” according to the report.