Cross-Border Advisory: Insights from Praxity on Navigating a Fragmented World

Praxity recently published a thought leadership report featuring Marc Feigelson, exploring how independent mid-sized accountancy firms can navigate market fragmentation, rising independence scrutiny, and the accelerating pace of technology over the next 24 months.

“Being privately owned is becoming a competitive strength. Clients appreciate the objectivity, stability, and long-term focus that comes with independence.” Feigelson, CEO Elect of Kaufman Rossin and Praxity’s North American Regional Chair, points to private equity’s growing presence across professional services as a force that is sharpening client preferences for advisers with clear governance and unconflicted ownership. He also notes that tariffs and shifting regulation have made planning unusually difficult for mid-market businesses operating across borders.

For business leaders, the report signals a shift in what to expect from advisers: faster cross-border coordination, more visible independence safeguards, and disciplined adoption of AI that strengthens rather than replaces human judgement. Companies expanding internationally — particularly into the U.S. mid-market — should expect to lean more heavily on advisers who can interpret state-level rules, manage cyber risk across supply chains, and mobilize regional expertise quickly.

Read the full article in Praxity.