Partnership fuels Stephano Slack’s expansion to South Jersey and champions Morgenstern Waxman Ellershaw’s mission of exceptional quality and client service

Wayne, Pennsylvania — Stephano Slack, one of the region’s largest accounting firms offering traditional and specialty accounting services, and planning and advisory support, announced the merger of Marlton, New Jersey-based accounting firm Morgenstern Waxman Ellershaw, LLC (MWE).

With a rich 98-year history, MWE, is led by Partners Richard Morgenstern, CPA, Gary C. Waxman, CPA, CFP, and Robert W. Ellershaw, CPA. The firm specializes in serving privately owned businesses and high-net-worth individuals with accounting, auditing and tax services; business valuation aid; accounting software selection and implementation support; financial planning; and management advisory services and business planning.

The partnership with Stephano Slack was driven by the aligned cultures and similar firm values of dedication to quality, client service, community involvement and staff wellbeing. Through this merger, MWE will gain access to an expanded bench of capabilities and resources to enhance its value proposition of top-tier service and help clientele continue to grow and navigate the challenges both individuals and businesses face today.

“Distinguishing our footprint in New Jersey was a logical next step for Stephano Slack as it complements our Wayne, PA, and Wilmington, DE, offices by giving us a strategic advantage to serve the market east of Philadelphia,” said Stephano Slack Founder and Managing Partner Michael Stephano, CPA. “We’re excited to welcome such a strong, capable team to the firm and look forward to supporting them in efficiently and effectively serving their clients.”

MWE serves industries complimentary of Stephano Slack, including distribution and wholesale, manufacturing and production, not-for-profit organizations, real estate, retail and food, and more.

“We are really excited by the partnership with Mike and the Stephano Slack team and the positive impact it will have on our staff and our clientele. We greatly value all of these relationships. Our firm has a long history of expert and deeply attentive client service that we look forward to continuing long into the future” said MWE Managing Partner, Rick Morgenstern.

Ira Rosenbloom, CEO of Optimum Strategies, served as the strategic advisor to the parties for the transaction.

About Stephano Slack

As one of the largest regional accounting firms, Stephano Slack provides comprehensive outsourced accounting, audit, tax and transaction advisory services to clients. Stephano Slack specializes in providing privately owned, middle-market companies with timely, reliable financial information, creative business, and tax services that help them achieve their financial goals. The firm is committed to building a strong connection with clients through industry events, as well as webinars, seminars, and newsletters.

Media Contact

Gregory FCA for Stephano Slack
Erin Jacob, 609-774-7898

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