CAB Makes the Bloomberg Top 50 Family Office Ranking

NEW YORK, NY--(Marketwire - Oct 24, 2011) - Charles A. Barragato & Co. LLP ("CAB"), CPAs and Trusted Business Advisors, is proud to announce it has made the first annual Bloomberg ranking of The World's Top 50 Family Offices. The September issue of Bloomberg Markets magazine, has listed CAB at number 47 on their Top 50 Worldwide Family Office listing. CAB works with 70 families and advises on $1.5 Billion of multi-generational family assets at 12/31/10, up from $1.4 Billion at 12/31/09. CAB shares this Top 50 ranking with many revered names in the family office investment business such as Bessemer Trust, HSBC Private Wealth Solutions and Wilmington Family Office, to name a few.

The Top 50 rankings were based on a survey of 1,000 firms worldwide, with 130 firms responding. Seventy-six percent of the Top 50 firms manage family assets directly, while 24 percent provide only investment-advisory services and outsource money management. CAB fits into this 24 percent outsourcing money management tasks.

Chuck Barragato, founder and managing partner of this New York CPA-driven firm, is thrilled to make this prestigious list. Chuck comments, "It's our CPA-centric knowledge and diverse skills which set us apart." He continues, "And as trusted business advisors with client prosperity foremost in mind, we view ourselves as quarterbacks, ensuring everyday that our client's goals and objectives are being met, with prudence and respect for multi-generational wealth creation and preservation."

For a copy of the Bloomberg survey, please visit our website at www.cabcpa.com.

About CAB

Charles A. Barragato & Co. LLP ("CAB"), CPAs and Trusted Business Advisors, provides tax, accounting and business advisory services across major markets to a diverse clientele, including high net-worth individuals and affluent multi-generational families, real estate investors and developers, exempt organizations and healthcare providers such as hospitals, physicians and the proprietary businesses serving them.

For further information about CAB's full range services, please visit our website www.cabcpa.com or call (212) 371-4446 and ask for Chuck Barragato, managing partner.