Owen J. Flanagan & Company

Owen J. Flanagan & Co. , based in New York, US, provides comprehensive accounting and advisory services to a wide range of clients, from individuals to corporations, ensuring regulatory compliance and enhancing financial performance. Owen J.

Flanagan & Co. specializes in accounting and advisory services. Founded in 1077 and based in New York, the firm has maintained its operations without significant pivots. The company's founder has been involved in the industry for several years.

The firm was recently acquired by Sax LLP in January 2026, but specific financial terms were not disclosed. Owen J. Flanagan & Company primarily provides comprehensive accounting and advisory services to a diverse client base, including individuals, small businesses, and larger corporations. Their core offerings encompass tax preparation, financial statement preparation, auditing, and consulting services that are designed to enhance financial performance and ensure regulatory compliance.

The firm focuses on addressing the specific needs of its clients by leveraging its extensive expertise in accounting practices and staying up-to-date with New York State Continuing Education requirements, ensuring that all accountants maintain current knowledge of tax law and best practices. Owen J. Flanagan & Company operates predominantly within the New York metropolitan area, serving clients across various industries, including healthcare, real estate, and retail, thereby contributing to their financial success and operational efficiency. The revenue model for Owen J.

Flanagan & Company is primarily based on fee-for-service transactions that occur through direct engagement with clients for various accounting services. These transactions typically involve fixed fees for specific services such as tax preparation or audits, as well as hourly rates for advisory consulting sessions. Clients engage with the firm on a contractual basis, often choosing from tailored service packages that suit their unique financial needs. This structure supports a steady revenue stream, as clients may require ongoing services such as bookkeeping or periodic financial reviews.

The company’s commitment to quality and client success fosters long-term relationships, enhancing client retention and recurring revenue opportunities in the accounting sector. In January 2026, Sax LLP acquired Owen J. Flanagan & Co. , intending to enhance its business development.

This acquisition will leverage Owen J. Flanagan & Co. 's expertise to support future growth initiatives.