Smith Schafer & Associates

Specialties

Smith Schafer & Associates is a client-​first, community-​oriented public accounting and business consulting firm offering a thoughtful advisory relationship to business and individual clients. Our deep bench of local, experienced professionals in Rochester, Maplewood, Edina and Red Wing result in high-​value results and loyal relationships.

History

Established in 1971.

Richard Smith and Orlin Larson co-​founded Smith Larson and Co. in Rochester, Minn. Within five years, Al Schafer joined the practice and purchased Orlin Larson’s interest. The partners renamed the firm Smith Schafer and Company, not knowing that this six-​person accounting firm would become one of the largest public accounting firms in Minnesota, with four locations and approximately 90 employees.

Meet the Business Owner

Steve E.

Business Owner

Steve Erchul was appointed to Managing Principal in October 2013. Steve believes listening to client’s needs is the most important way he can deliver the services a client really wants. He is opposed to providing clients with services that are unwarranted in order to generate higher fees. Instead, Steve is known for his ability to identify opportunities for services that will help his clients improve their business, and therefore improve their bottom line. He believes that all clients are important regardless of size or number of years in business. Every client deserves a quick yet thoughtful response from their CPA according to their business needs.