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Family Office of America (FOFA) announced that its subsidiary, Family Office of Maryland, acquired Toone & Associates on October 15, 2025, marking FOFA’s entry into the fragmented accounting services market.
The acquisition adds a Maryland-based CPA team with expertise in complex tax planning, preparation, and estate strategies for high-net-worth families and begins FOFA’s planned roll-up of CPA practices in affluent Maryland areas. FOFA highlighted a focus on AI-driven efficiency, a growing acquisition pipeline, and plans to extend family office services—investment advisory, personalized wealth planning, and risk management—to a broader client base.
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