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Tom Czyz Joins Mowery & Schoenfeld as Assurance Partner

News

Tom Czyz Joins Mowery & Schoenfeld as Assurance Partner
News

News

Tom Czyz Joins Mowery & Schoenfeld as Assurance Partner

2025-12-17 00:15 Last Updated At:00:20

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Dec 16, 2025--

Mowery & Schoenfeld, a leading accounting, advisory, tax, and IT services firm, has welcomed Tom Czyz as its newest assurance partner. Czyz brings more than two decades of experience in asset management audit services and overseeing engagements for emerging growth companies — perfectly positioning him to help Mowery & Schoenfeld expand on its full-service approach to transaction advisory.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251216893064/en/

Prior to joining Mowery & Schoenfeld, Czyz was audit director at LJ Soldinger Associates in Illinois, leading engagements related to the audit and review of SEC filings and consulting companies in the process of filing an initial public offering.

Before that, Czyz was a partner at KPMG, specializing in asset management, real estate, and financial services.

Czyz’s combination of Big Four and boutique firm experience makes him the ideal fit to join Mowery & Schoenfeld, Inside Public Accounting’s #132 firm in the country for 2025 with $45 million in revenue.

“It’s a very exciting time at Mowery & Schoenfeld. It’s a growing firm, and the work they’ve been doing dovetails seamlessly with my expertise,” Czyz said. “This felt like the right fit for how I want to continue growing in my career. I’m looking forward to collaborating with an incredible team that’s adapting and growing for the future while still staying focused on excellent, personalized client service.”

Czyz received his Master’s in Accountancy from the University of Iowa and is a licensed CPA. He began his career at Deloitte and also spent time with Ernst & Young as a global financial services senior audit manager.

“We are always expanding our industry-leading transaction advisory practice. As recognized leaders in supporting Search Funds, we are equipped to offer comprehensive support throughout every stage of the process,” said Jeff Mowery, managing partner and co-founder of Mowery & Schoenfeld. “Tom’s background with private equity and his experience reviewing SEC filings for growth companies will enhance our ability to deliver both end-to-end and ongoing services to our clients.”

About Mowery & Schoenfeld

Mowery & Schoenfeld, LLC is an accounting, advisory, tax, and IT services firm headquartered in Lincolnshire, Illinois, with satellite offices in Lake Forest, Chicago, Miami, and the Philippines. With more than 20 partners and 200+ total employees, Mowery & Schoenfeld ranks among the top 10 firms in Illinois, is ranked #132 nationally by Inside Public Accounting, and has made the Inc. 5000 list of the fastest-growing companies in the country two years in a row.

The Firm offers comprehensive business and personal advisory services including tax, assurance, transaction support, outsourced accounting, wealth management, international tax, business advisory, and capital planning, as well as technology services through its subsidiary, Xamin.

To learn more, visit msllc.com.

Tom Czyz, Mowery & Schoenfeld Assurance Partner

Tom Czyz, Mowery & Schoenfeld Assurance Partner

NEW YORK (AP) — The U.S. stock market is drifting on Tuesday following mixed data on the economy’s strength, which did little to clear uncertainty about where interest rates may be heading.

The S&P 500 slipped 0.2% in midday trading and remains a bit below its all-time high set last week. The Dow Jones Industrial Average was down 147 points, or 0.3%, as of 11 a.m. Eastern time, and the Nasdaq composite was nearly unchanged.

Treasury yields eased a bit, following an initial swing, after one report said the U.S. unemployment rate was at its worst level last month since 2021, but employers also added more jobs than economists expected. A separate report, meanwhile, said an underlying measure of strength for revenue at U.S. retailers grew more in October than economists expected.

The mixed data initially sent Treasury yields lower in the bond market. The knee-jerk reaction seemed to be that the data could encourage the Federal Reserve to see the slowing job market as the biggest threat to the economy, rather than high inflation, and cut interest rates further in 2026. But yields quickly recovered and then drifted up and down.

What the Fed does with interest rates is a top driver for Wall Street because lower rates can give a boost to the economy and to prices for investments, even if they also may worsen inflation. A report coming on Thursday will show how bad inflation was last month, and economists expect it to show prices for U.S. consumers continue to rise faster than anyone would like.

A report released after the U.S. stock trading began on Tuesday suggested price pressures are rising sharply, with average selling prices for businesses climbing at one of its fastest rates since the middle of 2022. The preliminary report from S&P Global also said growth for overall business activity slowed to its weakest level since June.

“Higher prices are again being widely blamed on tariffs, with an initial impact on manufacturing now increasingly spilling over to services to broaden the affordability problem,” according to Chris Williamson, chief business economist at S&P Global Market Intelligence.

In the bond market, the yield on the 10-year Treasury edged down to 4.17% from 4.18% late Monday. The two-year yield, which more closely tracks expectations for the Fed, eased to 3.49% from 3.51%.

Helping to keep the overall market in check were continued swings for stocks that have been caught up in the frenzy around artificial-intelligence technology.

Oracle rose 1.5%, and Broadcom added 0.5%. They both had dropped to sharp losses last week, even though both reported stronger profits for the latest quarter than analysts expected.

But CoreWeave, which rents out access to top-of-the-line AI chips, fell 3.4%.

Questions remain about whether all the spending underway on AI technology will produce the kind of profits and productivity that will make it worth the expense.

Elsewhere on Wall Street, Pfizer fell 5.3% after giving a forecast for profit in 2026 that was below what some analysts expected. Its forecast for revenue next year, of between $59.5 billion and $62.5 billion, was close to analysts’ expectations.

Kraft Heinz rose 1% after saying Steve Cahillane, who was most recently CEO of Kellanova, will join as CEO on Jan. 1. After Kraft Heinz splits into two companies, which is expected to happen in the second half of 2026, Cahillane will lead the one that will hold onto the Heinz, Philadelphia and Kraft Mac & Cheese brands.

In stock markets abroad, indexes fell across much of Europe and Asia.

Japan’s Nikkei 225 dropped 1.6% ahead of an expected hike to interest rates by the Bank of Japan later this week.

Other markets in Asia also had some of the world's sharper swings. South Korea’s Kospi dropped 2.2%, while indexes fell 1.5% in Hong Kong and 1.1% in Shanghai.

AP Business Writers Matt Ott and Elaine Kurtenbach contributed.

Specialists Alex Weitzman, left, and Meric Greenbaum work on the floor of the New York Stock Exchange, Thursday, Dec. 11, 2025. (AP Photo/Richard Drew)

Specialists Alex Weitzman, left, and Meric Greenbaum work on the floor of the New York Stock Exchange, Thursday, Dec. 11, 2025. (AP Photo/Richard Drew)

A television displays a news conference with Fed chairman Jerome Powell on the floor at the New York Stock Exchange in New York, Wednesday, Dec. 10, 2025. (AP Photo/Seth Wenig)

A television displays a news conference with Fed chairman Jerome Powell on the floor at the New York Stock Exchange in New York, Wednesday, Dec. 10, 2025. (AP Photo/Seth Wenig)

Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Dec. 10, 2025. (AP Photo/Seth Wenig)

Traders work on the floor at the New York Stock Exchange in New York, Wednesday, Dec. 10, 2025. (AP Photo/Seth Wenig)

Currency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI), top center left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, Dec. 5, 2025. (AP Photo/Ahn Young-joon)

Currency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI), top center left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, Dec. 5, 2025. (AP Photo/Ahn Young-joon)

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