Frazier & Deeter

Who is Frazier & Deeter?

Frazier & Deeter is a Top 50 US accounting firm founded in 1981 and led by Managing Partner & CEO Jeremy Jones. With 600–1,000 professionals across 14 offices in three countries, FD delivers the compliance depth of a large firm without Big Four pricing.

Backed by a strategic growth investment from General Atlantic (April 2025) — with PSP Capital Partners and Aksia also participating — the firm is actively investing in M&A, talent, and technology.

Already executing on that growth: FD acquired Arch + Tower (consulting/CX, 2020) and Rosen, Sapperstein & Friedlander (Mid-Atlantic CPA firm, Nov 2025). Ranked #41 by INSIDE Public Accounting (2025) and #44 on Accounting Today’s Top 100.

What is Frazier & Deeter’s SOC curriculum?

FD’s SOC Practice is led by competent Peer Reviewers along with a co-author of the AICPA’s official SOC for Service Organizations curriculum. This makes FD one of the only firms in the country where the person who literally wrote the AICPA’s SOC curriculum is leading client engagements — not just teaching it.

FD holds AICPA SOC Specialized Service Provider status, with dual-standard reporting under both AICPA Attestation Standards and ISAEs for seamless international client coverage.

How deep is Frazier & Deeter’s HITRUST bench?

Andrew Hicks, Partner and National HITRUST Practice Leader, came to FD from Coalfire where he built their national HITRUST practice. At FD he has:

• Managed hundreds of HITRUST engagements
• Served on multiple HITRUST Assessor, Quality, and Third-Party Risk Management Councils
• Led FD’s HITRUST practice to cover the full CSF — r2, i1, and e1 validated assessments

For organizations pursuing HITRUST certification, there are very few firms with this depth of dedicated bench strength.

Can Frazier & Deeter combine frameworks on one program?

Yes. The Process, Risk & Governance practice covers SOC, IT audit, SOX, HIPAA, PCI, CMMC, FedRAMP, ISO, and cyber under one roof. A published payments-tech case study describes one evidence cycle across overlapping controls.

• SOC 1 / SOC 2 / SOC 3 attestation
• IT audit and internal audit
• SOX
• HIPAA
• PCI DSS
• CMMC and FedRAMP
• ISO
• cyber services

This breadth enables FD’s signature consolidated approach: merging overlapping controls from SOC 2, PCI, HIPAA, and HITRUST into a single evidence-collection cycle. A published case study demonstrates this for a global payments technology company — cutting costs and eliminating audit fatigue entirely.

For companies facing multi-standard audit burdens, this isn’t just efficiency — it’s a fundamentally different compliance model.

Who is Frazier & Deeter a good fit for?

Frazier & Deeter fits fintech, payments, healthcare, and government-contractor buyers that want SOC 2 bundled with PCI, HIPAA, HITRUST, CMMC, or FedRAMP under one PRG team. It is not the cheapest first Type I boutique.

Best Fit For:

• FinTech and payments companies managing overlapping SOC 2 + PCI + HIPAA + HITRUST requirements under one engagement team
• Government contractors requiring CMMC and FedRAMP readiness alongside SOC 2
• Healthcare and higher-education organizations pursuing HITRUST certification
• Companies with international operations needing seamless dual AICPA/ISAE reporting
• PE-backed growth companies that want a firm investing aggressively in scale, talent, and technology
• Middle-market companies that need Big Four-caliber depth without Big Four pricing

Not Ideal For:

• Early-stage startups needing only a basic SOC 2 Type I at the lowest possible cost
• Companies not prioritizing proper development of controls and processes

How is Frazier & Deeter positioned in the market?

Rankings & Awards: - Ranked #41 — INSIDE Public Accounting Top 100 (2025) - Ranked #44 — Accounting Today’s Top 100 Firms - Named to USA TODAY’s America’s Most Recommended Tax & Accounting Firms 2026 - Top 50 US firm for five consecutive years - Best of the Best, Best Firm to Work For, Best Firm for Women in Leadership,

Top Firm for Equity Leadership

Financial Backing:

• General Atlantic (lead investor, April 2025)
• PSP Capital Partners and Aksia also participating
• Actively pursuing M&A to expand service lines and geography

How much does a Frazier & Deeter SOC 2 audit cost?

Frazier & Deeter does not publish a public rate card. Directory estimates are $15,000–$45,000 Type I and $25,000–$75,000 Type II, with multi-framework bundles priced on combined scope.

• SOC 2 Type I: $15,000 – $45,000
• SOC 2 Type II: $25,000 – $75,000
• Multi-framework bundles (SOC 2 + PCI + HITRUST): pricing reflects consolidated scope efficiencies

Timeline:

• Type I: 4–8 weeks from kickoff to report delivery
• Type II Observation Period: 3–12 months (client choice)
• Report Delivery: 4–6 weeks post-fieldwork
• Total Type II: 4–14 months depending on observation window

Partner-led engagements with dedicated teams and direct partner access throughout the audit lifecycle. 63 partners across the firm ensures senior-level attention even for mid-market clients.

When should a buyer shortlist Frazier & Deeter?

Frazier & Deeter represents compliance depth at scale without Big Four pricing. For companies navigating overlapping frameworks — particularly SOC 2 + HITRUST, SOC 2 + PCI, or CMMC + FedRAMP combinations — FD’s consolidated model and genuine bench strength in both SOC and HITRUST is hard to match.

If your compliance roadmap includes multiple frameworks and you want senior-level attention without paying Big Four rates, Frazier & Deeter’s combination of expertise, scale, and consolidated approach is genuinely differentiated.