Let’s start this week with a little Big 4-on-Big 4 poaching action, shall we? Yes, we shall. And once again, KPMG is raiding its Green Dot rivals.
Joseph Fisher is the latest Big 4 partner to switch his colors from green to blue, leaving Deloitte & Touche’s Investment Management Audit & Assurance practice, which he led for several years, to become an audit partner on KPMG’s asset management audit team.
He will be based in New York City.
Fisher will focus on the asset management sector, serving alternative investment clients and working to build the private funds business, according to a press release.
Jim Suglia, national leader for alternative investments at KPMG, threw some bouquets at Fisher’s feet:
“We welcome Joe to our asset management team as an experienced leader in alternative investments,” said Jim Suglia, national leader for alternative investments. “Asset management remains a strategic priority for our firm, and we continue to make significant investments in this space.”
“Joe’s extensive experience and deep asset management industry knowledge have helped him build a strong reputation for exceptional client service,” Suglia added.
“I am extremely excited to be part of this great firm, where the partners demonstrate a strong commitment to the asset management industry as a global strategic priority,” said Fisher.
Fisher has now worked at three of the Big 4 firms, four if you include the (RIP) Big 5. The Temple University accounting grad got his start at Arthur Andersen in New York, where he worked for nine years until June 2002, when he left the sinking ship for EY, according to his LinkedIn profile. He joined Deloitte in late 2004.
Tania Lynn Taylor, who has worked at Deloitte for more than 20 years, took over as leader of the Investment Management Audit & Assurance practice after Fisher left.
The KPMG vs. Deloitte partner poaching rivalry is pretty one-sided right now. The ball’s in your court, Deloitte.