In a significant development in the accounting industry, Torchon and Associates, a reputable firm based in Calabasas with a 40-year history of excellence, has merged with Dennis Duncan and Covington, a comprehensive accounting firm located in Los Angeles. Effective February 14th, 2024, this merger has resulted in the creation of a new entity, Dennis, Duncan and Torchon LLP, poised to enhance service offerings across various sectors including individual, middle market, and small business clients.

Details of the Merger

The merger strategically combines Torchon and Associates’ deep local expertise and personalized service approach with the broad spectrum of resources and capabilities of Dennis Duncan and Covington in accounting and financial consulting. This union is designed to bolster the new firm’s ability to provide a more comprehensive range of services and deepen its expertise to better serve its clients.

Leadership Insights

Stacey Torchon, founder of Torchon and Associates, expressed enthusiasm about the merger, stating, “The coming together of Torchon and Associates and Dennis Duncan and Covington under the Dennis, Duncan and Torchon LLP umbrella is a milestone moment for all involved. This merger is a testament to our shared commitment to excellence, client service, and the belief that together, we can offer a greater breadth of services and deeper expertise to our clients.”

Echoing this sentiment, J’on Dennis, co-founder of Dennis Duncan and Covington, highlighted the benefits of combining strengths, “By joining forces with Torchon and Associates, we are not just expanding our service offerings but also combining our strengths in a way that will bring unparalleled value to our clients. Our shared values and dedication to client success make this merger a natural fit.”

Operational Synergies and Client Benefits

Dennis, Duncan and Torchon LLP will operate from both the existing offices in Calabasas and Los Angeles. This decision ensures a seamless transition for clients and a continued commitment to the local communities. Moreover, the merger will facilitate the integration of the firms’ technology and processes, enhancing efficiency and client service capabilities.

Clients of both legacy firms are poised to benefit from a wider range of enhanced services, including comprehensive accounting, audit, tax, and advisory services, all delivered with the personalized attention and expertise that have been the hallmark of both Torchon and Associates and Dennis Duncan and Covington.

Conclusion and Future Prospects

The newly formed Dennis, Duncan and Torchon LLP represents a strategic alignment of two firms committed to excellence, integrity, and innovation in all aspects of client service. With a combined legacy of over 40 years, the firm is set to become Southern California’s premier accounting and advisory firm, offering tailored solutions and exceptional client services to a diverse client base.

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