Press Release..
Contact Information:
Sharon Earnest 677-6251

History in the making…

Phillips & Company L.L.P. is Joining Forces with Condley and Company, L.L.P. and affirms Commitment to Clients and Community

The management and staff of Phillips & Company, L.L.P. are pleased to announce that on January 1^st they will have signed a definitive agreement by which Phillips & Company will join forces with Condley and Company L.L.P. and begin operations with the name Condley and Company, L.L.P.  In an open letter to the client and community, David Smith, CPA, Managing Partner of Phillips & Company, said “this is an exciting venture for Phillips and joining Condley is the right move.”  This significant event of combining the two firms will give Abilene and the surrounding areas one of the largest CPA accounting firms in West Central Texas.

Condley and Company, L.L.P., was founded in 1939 by Horace Condley.  Edgar Phillips, the founding partner of Phillips & Company, L.L.P., began his accounting career as an employee of Condley and Company.  Both firms have been an integral part of the Abilene community for many years.

Leroy Bolt, CPA, Managing Partner of Condley and Company, L.L.P. stated, “We are very excited about the potential of our combined operation and team of professionals.  Good service to our clients has always been the hallmark of both firms and this will be our focus for the future.”

Smith stated, “operations of the former Phillips & Company will remain at the current location 500 Chestnut, Suite 901, Abilene, through the end of the upcoming tax season. This will be a seamless transition by keeping current staff in place to provide clients with continuity of service.  Employees with both firms are excited about the opportunity and look forward to a combined team that will continue to put their clients first in every aspect and provide quality service in the accounting and audit industry.

According to the partners and staff of both firms, client service will be the main priority.  By joining forces these two firms will offer an expanded range of services, additional resources and cutting edge technology.  Smith and Bolt praised the combination as “an excellent fit both strategically and culturally." They added that, "both Phillips and Condley share a passion for client service, a strong commitment to employees and a tradition of providing leadership in our communities."