Financial overview
$546.4M
FY23 net revenue
7.8%*
increase from FY22
Net revenue by service
$191.1M
Consulting
$173.8M
Audit and
accounting
$172.1M
Tax
$9.4M**
Wealth and asset
management
Net revenue FY19-FY23
Additional numbers
284
partners and principals
3,222
associates
Getting our clients’ perspective
Our client experience index is a progressive approach that allows us to evaluate the individual components of client satisfaction, including the effectiveness and value of the service provided, as well as emotion — how clients feel about their experience and relationship with Wipfli. Listening and acting upon their feedback helps us to be better partners in their success.
Our commitment to ESG
Wipfli has lived up to its own expectations within the realm of environmental, social and governance (ESG) standards, including in our vision statement: Create a lasting, positive impact for every person, organization and community we engage. But with an eye toward the future, we’ve begun reporting to capture what we do to better our world. Among our efforts are:
For our environment
- Offered work-from-home opportunities, lessening commuting time and energy and reducing resource use
- Downsized our office footprint and increased efficiency gains
- Migrated servers for efficiency gains, lessening our carbon footprint by up to 98%
- Centralized our technology service hub, saving on shipping and resources
- Reduced printing, focusing on paperless work
For our society
- Focused on diversity and inclusion within our workforce
- Logged associate community service hours annually
- Increased opportunities for charitable giving and matches
- Added wellness days for associated rejuvenation
For our firm
- Required associate unconscious bias training
- Held ourselves accountable (policy/governance)
- Implemented governing firm structure with an elected board of directors
- Determined governing board rotations and term limits
- Built binding partnership agreements
- Implemented quality assurance checks and balances
- Created explicit talent and culture policies
- Ensured gender equity in pay
- Introduced annual ethics training
- Ensured adherence to conflict of interest standards
Accelerating growth
As part of Wipfli 2025 (our strategy for the future), M&A is integral to firm growth. In FY23, it helped to shore up our technology and people resources in a tight labor market. When we add new skill sets and talent to the firm, associates and clients at the incoming firms and at Wipfli benefit from expanded experience and service opportunities.
The Oliver Group
Specializes in leadership development, team coaching and people insights. Its addition to Wipfli makes us one of the largest Predictive Index practices in the United States.
Louisville, Kentucky
October 31, 2022
ApostleTech
Specializes in custom customer relationship management and brings experience in integrating sales, service, marketing and IT for the construction, homebuilding, financial, manufacturing and nonprofit industries.
Chandler, Arizona
December 1, 2022
Wipfli Financial Advisors and Creative Planning
Creative Planning acquired certain assets of Wipfli Financial Advisors, with Wipfli taking a minority stake in Creative Planning. The relationship allows Wipfli’s clients the opportunity to access Creative Planning’s suite of financial planning services, legal resources, insurance solutions, and trust and estate services.
Overland, Kansas
August 17, 2022
Recognition for our work
Wipfli received several awards and honors in FY23, which is a testament to our commitment to exceeding client needs and dedication to upholding our high standards.
- Accounting Today Top 20 Firms
- Accounting Today Best Firms for Technology
- Accounting Today Top 100 VARs
- Planful 2022 Partner Award
- Construction Executive’s Top 50 Construction Accounting Firms
- Bob Scott’s Top 100 VARs
- Bob Scott’s VAR Stars
- Platinum and Gold MarCom Awards
- Built In Best Places to Work
- Hermes Creative Awards
“Our achievements are validation that we’re doing great work — that our clients, peers and industry leaders believe in us and trust us to be their advisors and advocates. We appreciate all that goes into our long-standing and trusted relationships and will continue to earn your support.”
— Kurt Gresens, managing partner
When we look back, we cannot help but be inspired by the perspectives we’ve gained and the relationships we’ve built. Thank you for being a part of our continued success.
See also Wipfli Annual Report, 2021-2022