Parente Randolph, LLC, an accounting and consulting firm, today announced the largest merger in the firm’s history. Effective Feb. 15, the firm will combine its practice with New York City-based Lazar Levine & Felix LLP, a 40-year old firm that provides professional accounting and consulting services in the greater New York/New Jersey metropolitan area.

Additionally, Lazar Lipton Valuation Services LLC, an affiliate of Lazar Levine & Felix, will become a division of Parente Randolph. The $16 million merger will bring Parente Randolph’s size to 650 team members with a principal count of 82.