Wolf & Company, P.C. announced it has acquired The Kafafian Group, Inc., a Pennsylvania-based bank consulting firm, in a move to expand Wolf’s advisory capabilities for banks and credit unions facing heightened regulatory demands, technology disruption, and margin pressure.
The firms will unite under the Wolf & Company brand, with Wolf describing the combination as a step toward creating a more comprehensive, integrated advisory platform for financial institutions. The Kafafian Group’s core focus includes strategic planning, performance measurement, and operations consulting, complementing Wolf’s existing financial institutions practice across advisory, assurance, and tax.
The Kafafian Group has worked with more than 500 financial institutions across over 40 states over the past 25 years, serving clients with assets up to $100 billion. Its services span management and financial advisory, profit improvement, and process improvement initiatives.
Leadership continuity is expected following the transaction. Robert E. Kafafian will remain in a senior role and continue working with clients, while Gerald R. Gagne will continue serving as CEO of Wolf & Company for the remainder of his elected term.
The companies said the combined platform will provide clients access to a broader range of expertise, citing areas such as digital asset and AI adoption, cybersecurity services, assurance, and tax, alongside industry-specific strategy and operational consulting.
KEY QUOTES
“The Kafafian Group’s mission melds perfectly with the ethos of Wolf & Company’s Financial Institution practice. Together, we’ll continue to address the challenges of this highly regulated sector and provide clarity and confidence for banks and credit unions, even as the world around us evolves.”
Gerald R. Gagne, CEO and President, Wolf & Company
“We were drawn to Wolf & Company because we see value for our clients in having a dedicated advisor offering a comprehensive range of services. Wolf & Company’s core tenets – stability and growth – will elevate financial institutions’ ability to navigate the unique opportunities that lie before this industry today. Digital asset and AI adoption, cybersecurity services, assurance, tax… our clients will now have access to experienced experts in all these areas and more.”
Jeffrey P. Marsico, President, The Kafafian Group
“We are proud, grateful, and incredibly humbled by The Kafafian Group’s achievements, and by combining with Wolf & Company, there is only more to come. Not only have we worked with hundreds of financial institutions to capitalize on the opportunities ahead, but we’ve passed the knowledge and learnings of each interaction down to the future leaders of our firm. Our clients can be confident that the advisors they know and trust will continue to guide them. And for our team, this combination opens new doors for leadership and professional growth, ensuring our legacy of service and expertise endures well into the future.”
Robert E. Kafafian, Chairman and CEO, The Kafafian Group
