Edelstein & Company, LLP announced today that Scott B. Kaplowitch, CPA has been appointed Managing Partner of the firm, effective January 1, 2017.

Mr. Kaplowitch succeeds William Mahoney who steps down as Managing Partner after ten years of dedicated service in that role.

Mr. Kaplowitch began his career at Edelstein over 20 years ago, becoming a trusted advisor to individuals and business organizations throughout New England and the country on a wide range of sophisticated transactions and complex tax and regulatory issues. He advises clients on matters related to debt financing, mergers and acquisitions and capital formation, as well as international and multistate tax issues, foreign compensation and tax credits, trust and estates planning, and compliance and reporting issues. In addition, Mr. Kaplowitch has served as CFO, controller and general business adviser to clients, and frequently serves as executor and trustee for clients.

“It has been my greatest privilege to serve as managing partner of Edelstein,” said William Mahoney. “Over these years, I have watched Scott become a sought-after advisor to clients, forging relationships grounded in his utmost dedication to these clients. Over the last decade, the firm has continued its tremendous growth and become one of the most successful independent accounting firms in New England. Scott is an outstanding professional advisor who also has the leadership skills and vision necessary to continue our growth trajectory and to make Edelstein a true accounting firm of the future.”

“I am honored to be Edelstein’s next managing partner,” said Mr. Kaplowitch. “Bill Mahoney has been an incredible mentor to me throughout my career, which began at Edelstein. I learned from Bill and the managing partners before him, that to be successful in this profession, you have to have a passion for what you do on a daily basis. By harnessing that passion firm-wide, I intend to focus on the continued strategic growth of Edelstein. Our goal is to provide exceptional service to our clients and improve our professional skills every day to remain the region’s most successful, independent accounting firm.”

Mr. Kaplowitch received his B.S. from the University of Massachusetts (Amherst).

Mr. Kaplowitch is very active in community service. He is a past member of the North Shore Advisory Council to the Combined Jewish Philanthropies, serving on the Budget and Finance Committee. A member of Kernwood Country Club, he serves on the Board of Directors and is Chair of the House Committee and Assistant Treasurer. He was previously the chair of the Philanthropy Committee. Mr. Kaplowitch is also a past member of the Board of Directors and Finance Committee of the Jewish Community Center of the North Shore, and past Treasurer of the Jewish Federation of the North Shore. He is currently a member of the Boston Foundation Philanthropic Advisory Committee.

Mr. Kaplowitch and his family live in Marblehead.

About Edelstein

Edelstein & Company LLP is recognized as a leading certified public accounting and advisory firm based in Boston, MA providing a full range of services to individuals, partnerships and privately-held companies in variety of industries such as financial services, healthcare, nonprofit, professional services, construction, real estate, technology, and life sciences. We offer tax planning and reporting, compliance, audit and review, business valuation, private client and medical practice management services.

Edelstein & Company LLP is ranked among the Top 25 Accounting Firms in Boston by the Boston Business Journal. We have been named to INSIDE Public Accounting’s “Best of the Best Firms” list, honoring only 50 firms for their management and superior operational performance, and in 2016 was named a Top 200 Firm by INSIDE Public Accounting. Edelstein is a member of AGN International, an association of separate and independent accounting and consulting firms.