Mitchell & Titus
| Company type | Limited liability partnership |
|---|---|
| Industry | Accounting |
| Founded | 1974 |
| Founder | Bert N. Mitchell, Robert Titus |
| Headquarters | New York City , United States |
Area served | United States |
| Products | Assurance, tax, and advisory services |
| Parent | BDO Alliance USA (affiliate) |
Mitchell & Titus, LLP stands as an independent affiliate within the BDO Alliance USA network and holds the distinction of being the largest accounting firm in the United States owned by a minority group. Based in New York City, the firm provides a range of professional services encompassing assurance, tax, and advisory to a diverse clientele including Fortune 1000 corporations, entrepreneurial ventures, nonprofit organizations, financial institutions, government agencies, and affluent individuals. Mitchell & Titus maintains six offices located throughout New York, New Jersey, Pennsylvania, Maryland, the District of Columbia, and Illinois.
Founding and early operations
In 1974, Bert N. Mitchell and Robert Titus established a partnership that became Mitchell & Titus, LLP. During the late 1970s, the firm concentrated on serving not-for-profit community organizations funded by federal programs initiated under the Great Society. Among its initial significant clients were Nassau County's Economic Commission and Recruitment and Training, Inc., affiliated with the A. Philip Randolph Institute.
By 1978, Mitchell & Titus broke new ground by forming joint ventures with members of the "Big Eight" accounting firms, including a notable collaboration with KPMG Peat Marwick to conduct New York City's inaugural independent audit. The opening of a Washington, D.C. office in 1979 aimed to improve access to government contracts. These joint ventures along with contracts emphasizing minority participation supported the firm's expansion throughout the late 1980s as the "Big Eight" transitioned into the "Big Six."
Affiliations with major accounting networks
The early 1980s saw Mitchell & Titus partnering with Ernst & Young through collaborative audits for New York City. In 1986, the firm introduced a management consulting division to attract commercial clients and capitalize on growth opportunities within the consulting industry.
Mitchell & Titus became a member firm of Ernst & Young Global Limited in 2006 but concluded this affiliation on October 30, 2015.
Subsequently, on March 9, 2017, Mitchell & Titus joined BDO Alliance USA, a nationwide consortium of independent accounting, consulting, and service firms affiliated with BDO USA, LLP.
Expansion via acquisitions
To broaden its client reach and geographic footprint, Mitchell & Titus engaged in strategic acquisitions:
1984 – Stewart, Benjamin and Brown based in New York 1986 – Leevy, Redcross & Co. located in Philadelphia 2005 – Frye, Williams, & Co. situated in New Jersey 2009 – Hill Taylor LLC from Chicago 2018 – Washington, Pittman & McKeever, LLC also based in Chicago