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To Our Valued Clients:
Skwiersky, Alpert & Bressler LLP (SAB LLP) has always stood on the values of being entrepreneurial and visionary in our thinking. We pride ourselves on our ability to anticipate the future needs and opportunities for our clients and position ourselves to be ready to meet those needs with timely solutions, insights, and an innovative approach. We are excited to take another big step forward to focus on the future reimagined for our firm, our people, and for you, our valued client.
We are pleased to announce our restructuring in which we will continue to conduct our attest practice through our existing firm, SAB LLP; however, in the near future we will be transferring our non-attest assets and services, such as tax, consulting, and other services, to a new entity, RRBB Advisors, LLC (together with its parent and subsidiary entities, RRBB Advisors). Accordingly, any engagement letters or services agreements between you and SAB LLP for Audit, Review or other attest services will remain with SAB LLP. Any engagement letters or services agreements between you and SAB LLP for tax, advisory, or consulting services will be assigned to RRBB Advisors.
RRBB has been delivering high-quality accounting, tax, audit, and advisory services for over 60 years. The firm has been and will always be preoccupied with being supremely good at what they do while ensuring the best for their people and clients. RRBB serves as an integral resource for their clients, providing responsive, quality service at reasonable rates by being proactive, creative, and attentive. Because of this, they were voted second in the Professional Services Accounting Firm category for the 2022 NJBIZ Reader Rankings.
As part of audit and attest engagements, SAB LLP will lease professional and administrative staff, both of which are employed by RRBB Advisors (or its parent or subsidiary entities), to support SAB LLP performance of those engagements. These leased individuals will be under the direct control and supervision of SAB LLP, which is solely responsible for the professional performance of audit and attest engagements. As part of this restructuring, our partners have teamed with Crete Professionals Alliance, a growing organization that provides back-office services to local and regional firms, to provide additional resources to RRBB Advisors. This will further cement our mission to keep a client-centric mindset in all we do to ensure we are able to stay ahead of the unprecedented business changes this environment brings. We believe with this restructuring; SAB LLP is better positioned than ever to deliver excellent client service.
We remain focused, as we have since our founding, on what counts you. Our investment in long-term relationships and a dedicated, integrated approach to client service remains stronger than ever. Your team relationships and interpersonal experience with SAB LLP will not change. We believe that you will have access to significant additional resources and a deeper bench of expertise in consulting, advisory, and industry matters as we grow long into the future.
Upon transition, RRBB Advisors will maintain custody of all our files. Both SAB LLP and RRBB Advisors will comply with the same confidentiality obligations with respect to your confidential information. SAB LLP is and remains a licensed CPA firm. RRBB Advisors, which is not a licensed CPA firm, will be owned, in part, by the partners of SAB LLP. Please let us know immediately if you have any objection to such transfer of your files. If we do not receive any such objections within ninety (90) days from the date hereof, we will presume you have no such objections.
Note that we will also share certain of your information with Crete Professionals Alliance, which owns part of RRBB Advisors and provides resources and services to RRBB Advisors, to assist in the administration of our practice and to monitor for compliance with applicable independence rules.
We are very excited at the impact this next step will provide to help bring you solutions, insights, and tools to maximize your vision and accomplish your business and personal goals.
Please feel free to reach out to your SAB LLP relationship partner with any questions.
Sincerely,
Neil Bressler, Steven Gordon, Michael Jast, and Gregory Goldstein
November 15, 2023