Mowery & Schoenfeld Strengthens Market Presence by Merging in Hochfelder & Weber, PC

LINCOLNSHIRE, Ill., February 12, 2024–(BUSINESS WIRE)–Mowery & Schoenfeld, a top 10 Illinois accounting firm, proudly announces a merger with Hochfelder & Weber, PC, a distinguished Chicago-based CPA firm with a rich 91-year legacy. This strategic move is set to enhance Mowery & Schoenfeld’s position in the market and bring added value to clients.

Hochfelder & Weber, known for their unwavering commitment to professionalism, responsiveness, and quality, has built a reputation working with high-net-worth individuals and families, family offices, and private companies. “We are thrilled to welcome the talented team at Hochfelder & Weber into the Mowery & Schoenfeld family,” said Jeffery Mowery, Managing Partner at Mowery & Schoenfeld. “This acquisition marks a significant milestone in our growth strategy and underscores our commitment to delivering unparalleled service to our clients.”

The combined firm will continue as Mowery & Schoenfeld, with Robert D. Olson, Managing Partner of Hochfelder & Weber, becoming a partner at Mowery & Schoenfeld.

“We are proud to join a firm that shares our values of excellence and client-focused service,” said Olson. “When Jeff [Mowery] and I first started talking, we noticed not only do we hold similar cultural values, but our clients are incredibly similar. This collaboration will undoubtedly strengthen our ability to give our firm’s clients more resources and contribute to the continued success of both firms.”

Both firms believe this acquisition highlights a shared commitment to client success, innovation, and industry leadership. Hochfelder & Weber brings specializations in manufacturing and distribution, professional service firms, advertising and radio broadcasting enterprises, and not-for-profit organizations—industries where Mowery & Schoenfeld is eager to continue growing both their expertise and presence.

Mowery & Schoenfeld will transition its Chicago office from 311 S. Wacker to Hochfelder & Weber’s current location at 525 W. Monroe Street. This move is designed to optimize operational synergies and provide an even more centralized and accessible location for our valued clients. Art Kuesel of Kuesel Consulting, Inc. consulted with both firms on the transaction.

About Mowery & Schoenfeld

Mowery & Schoenfeld, LLC is an accounting, advisory, tax, and IT services firm headquartered in Lincolnshire, Illinois, with satellite offices in the Chicago Loop, Downtown Miami, and the Philippines. Made up of 20 partners and over 170 total employees, Mowery & Schoenfeld ranks among the top ten firms in Illinois. Our organization is focused on providing personalized service to each client and building a lasting and trusted relationship.

We take culture seriously by offering a supportive environment focused on growth. Through our M&S Cares program, we prioritize giving back and provide opportunities for our team to support our larger community. Mowery & Schoenfeld offers comprehensive tax, assurance, transaction advisory, outsourced accounting, wealth management, international, business advisory, and technology services through our subsidiary, Xamin.

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Mowery & Schoenfeld
Stephanie Gandsey
Marketing Director
[email protected]

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