With an eye toward expanding its financial institution expertise, IPA 200 firm Anders CPAs + Advisors of St. Louis will merge in crosstown firm Cummings Ristau & Associates, effective June 30. Partners Mark Cummings and David Ristau and all 19 staff members of Cummings Ristau will join Anders.
Formed in 1996, Cummings Ristau has strong expertise in the banking industry in Missouri and Illinois, providing audit, tax, regulatory compliance and loan review services to banks and credit unions. The firm also provides agreed-upon procedures, IT audits, bank directors’ examinations, employee benefit plan audits and internal control reviews.
“Adding a strategic partner with an established niche unique to our industry offerings is important to our vision for growth, and we found a great match with Cummings Ristau,” says Anders MP Robert J. Minkler Jr. “Given the current environment and the increasing relationship between clients, accountants and their bankers as a result of the Paycheck Protection Program (PPP) and other parts of the CARES Act, the timing of this merger will add value and expertise for clients from both firms. The role community banks and financial institutions will play in the recovery and growth of our economy has never been greater and we welcome the opportunity to provide them with the services and information they will require.”