About Us
Guiding Minnesota Businesses for Over 50 Years
For more than five decades, Smith Schafer has been a trusted partner for Minnesota businesses. Founded in 1971 in Rochester, we have grown into one of the state’s fastest-growing CPA firms, with offices in Minneapolis, Red Wing, and Rochester. Today, our 110 professionals continue to provide proactive accounting, tax, and advisory solutions designed to give business owners confidence, clarity, and the freedom to focus on growth.
We are more than accountants. We are advisors, educators, and partners who help businesses make informed decisions at every stage of their journey.
Our Client Survey Results
- Net Promoter Score 81.1%
Average NPS score in the accounting industry – 41%
- Understanding of Client Needs 84.5%
- Delivers High-quality, Error-free Work 91.5%
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Our Values in Action
Quality Service
Going beyond compliance to provide insights that drive long-term success.
Integrity & Objectivity
Delivering trusted advice backed by deep technical knowledge.
Community Involvement
Giving back to the communities we serve across Rochester, Red Wing, and Minneapolis.
Why Businesses Choose Smith Schafer
Local Expertise with a Personal Touch
We understand Minnesota businesses because we are one. Our team delivers tailored strategies that fit your goals and community.
Award Winning Service
Recognized as a Top Workplace and Best of Accounting award winner, our firm is built on a culture of excellence and collaboration.
Long-Term Partnerships
We value relationships and are committed to guiding clients through growth, transition, and every challenge in between.
Community Commitment
Through our Client Loyalty Program, we support our clients’ businesses, spending more than $773,247 with them in 2024 alone. When our clients succeed, we succeed.
Ready to Partner With Us?
If you are seeking a CPA firm that delivers more than compliance, we invite you to connect with us. Together, we can build a stronger financial future for your business.
Experience. Integrity. Results. You can Trust
Our mission is not just to prepare financial statements but to help clients understand what the numbers mean, how they impact decisions, and where opportunities lie.
From our local roots to our global connection, our active involvement with peers ensures our clients receive a large firm’s resources but the relationship experience of a small firm. Smith Schafer is a proud member of PrimeGlobal, the third-largest association of independent accounting firms in the world. This membership gives us access to a wide range of specialists with accounting and tax expertise, ensuring that no matter how complex your business challenge, we have the resources to help.
Whether you need strategic tax planning, assurance services, or business consulting, Smith Schafer is here to guide you with wisdom, foresight, and practical solutions.

Industries We Serve
Our professionals have extensive experience across industries, including:
- Construction & Real Estate
- Professional Service Firms
- Hospitality
- Manufacturing
- Transportation
- Government & Nonprofit
- Architecture & Engineering
- Law Firms