Sax Acquires FAZ Forensics

On Mar 31, 2026

SAX Advisory Group LLC, the Parsippany-based accounting, tax, and advisory firm, has acquired FAZ Forensics. Terms of the transaction were not disclosed.

“The accounting and advisory profession continues to evolve, and clients increasingly demand depth, specialization, and independence alongside scale,” said Joseph Damiano, CEO of SAX Advisory Group. “FAZ Forensics exemplifies the technical rigor and objectivity required in complex forensic engagements. This combination strengthens our ability to serve clients as their most trusted advisor across valuation, forensic, litigation, tax, and advisory services.”

FAZ Forensics adds 18 team members to SAX, including five partners, along with two new offices in Saratoga Springs, NY and Boston, MA. With this transaction, SAX now comprises 80 partners and over 500 professionals, with offices across New Jersey, New York, Massachusetts, and Mumbai, India, supported by a remote workforce spanning 28 U.S. states. SAX Wealth Advisors, the firm’s wealth management arm, oversees over $4.8 billion in assets under management, including $1 billion in retirement plan assets*.

This transaction marks SAX’s fourth combination in 2026 and the sixth since its recent minority investment from Cobepa, an independent investment company. The Cobepa partnership continues to accelerate SAX’s strategic growth, expanding its East Coast footprint, enhancing service capabilities, and fostering innovation – while the firm remains proudly independent.

“First and foremost, this was a deliberate decision to align with a firm that shares our values, culture, and uncompromising standards for independence and integrity,” said Stephen Ferraro, Partner of FAZ Forensics. “We look forward to joining SAX partner Megan Sartor and her talented team as SAX Forensics continues providing expert business valuation, forensic accounting, and litigation support services. By combining with SAX Advisory Group, we will significantly expand our capabilities and resources while continuing to deliver the objective, high-quality forensic work our clients rely on.”

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