New York CPA Firm Shanholt Glassman Klein Kramer & Co. Joins KSM

INDIANAPOLIS – KSM (Katz, Sapper & Miller), a leading advisory, tax, and audit firm, today announced its expansion in New York City with the addition of Shanholt Glassman Klein Kramer & Co. (SGKK), a CPA firm with a focus on the real estate industry.

This transaction, effective Thursday, Oct. 31, substantially increases KSM’s New York presence and marks KSM’s second major acquisition of 2024. Founded in 1931, SGKK has grown to become one of the 250 largest CPA firms in the U.S., providing accounting, tax, and consulting services to local, national, and global businesses.

“We are excited to welcome the talented team at SGKK to KSM. With its long-standing reputation for excellence, particularly in real estate, SGKK’s deep industry expertise will significantly strengthen our capabilities in this important market,” said Tim Cook, KSM CEO and president. “Together with our existing real estate offerings, SGKK’s experience will help us further enhance our reputation and drive continued growth in New York.”

KSM established its New York office in 2012. With the addition of SGKK’s nearly 60 employees and six partners, KSM’s New York office will expand to a team of approximately 90 professionals. SGKK’s Sandy Klein will serve as managing partner of the combined office.

“I am incredibly proud of SGKK’s 93-year legacy of excellence and all that our firm has accomplished together, including serving our clients well, fostering a close-knit team, and building a robust business,” said Klein. “Joining KSM will enable us to continue to serve our clients well while offering a wider range of services. SGKK’s employees will also share in greater opportunities for career growth and all the resources that come with a larger firm. I am confident that together, SGKK and KSM will deliver even more value, and I look forward to leading KSM’s New York office through this exciting new chapter.”

In May, KSM expanded into the state of Ohio with the addition of Cassady Schiller, a top 300 firm in Cincinnati. In addition to its offices in Cincinnati and New York, Indianapolis-headquartered KSM also operates offices in Fort Wayne, IN; Evansville, IN; and Oklahoma City, OK. With the close of the SGKK transaction, KSM employs more than 700 employees across the U.S.