Rochester CPA Firm
Richard Smith and Orlin Larson co-founded Smith Larson and Co. in Rochester, Minn in 1971. 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 three locations and approximately 100 employees.
Contact Our Rochester Office
Hours of Operation
Monday: 8:00 am – 5:00 pm
Tuesday: 8:00 am – 5:00 pm
Wednesday: 8:00 am – 5:00 pm
Thursday: 8:00 am – 5:00 pm
Friday: 8:00 am – 5:00 pm
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Rochester Accounting Services
Meet our Rochester Principals
How was your Smith Schafer Experience?
We’d love to hear about it!
Rochester, MN 55904
Awards & Recognition
Why Clients Choose Us
“We have worked with Smith Schafer for over 45 years. They have been great to work with, from wonderful administrative support, tax staff, and CPAs. They have supported us for years with our financials and mergers/acquisitions. Always there to help!”
- Washburn McReavy Funeral Chapels
“Our service is always exceptional and never have to second guess the answers.”
- EnergyPrint, Inc.
“Smith Schafer has provided second to none service and value to my business and personal accounts for over 30 years. Their expertise and knowledge are unmatched by any other accounting firm I have encountered over all these years.”
“The relationship we have built over the years with the staff at Smith Schafer & Associates is one that can never be replaced. They are quick with helping us figure anything out, always willing to pick up the phone and walk us through any problem we are having. Also they are just all so friendly and kind!”
“I have worked with Jason Boynton for several years. He has consistently provided exceptional service and advice always delivered in a timely, pleasant manner.”
“Smith Schafer always makes everything go smoothly. They were recommended to us by our community bank. We have been using their services for many years for our small business and personal taxes. We always feel well taken care of and that we are receiving the best advice, direction, information and tax preparation."
- The Dog Perk Corporation
“Smith Schafer always provides great information for our business. They are thorough with our accounting and financial planning. We have leaned heavily on them with an interpretation of the PPP Loan and COVID-19 planning. They have been instrumental in our success and are always very knowledgeable and quick to respond to any of our questions."
“Smith Schafer has provided second to none service and value to my business and personal accounts for over 30 years. Their expertise and knowledge are unmatched by any other accounting firm I have encountered over all these years."
“The relationship we have built over the years with the staff at Smith Schafer is one that can never be replaced. They are quick with helping us figure anything out, always willing to pick up the phone and walk us through any problem we are having. Also they are just all so friendly and kind!"
“We love our CPA team at Smith Schafer. They have helped us navigate many personal and business decisions."
“Smith Schafer is very dedicated to their clients and always has their best interests in mind. They are very knowledgeable and thinking ahead to what the clients may be needing in the future. We would highly recommend Smith Schafer to our family and friends."
"Always fast, great service and questions answered. Love the people I work with at Smith Schafer. We've been there so long, it's like working with family."
- MotoProz, Inc.
"Smith Schafer is always responsive and in the know about what is important for me and my business. The team is responsive and professional with all my interactions. Very customer-focused."
- Custom Communication
"The people at Smith Schafer always take great care of me. They are so knowledgeable and provide great advice and support."
- Sound and Media Solutions, Inc.
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Here Are 5 Things You May Not Know About Us:
We Give Back
Giving back to our communities is important to us. Every year, we organize multiple team volunteer events, such as bagging food at Channel One, raking leaves with Hammer Residents, and adopting a nearby park to help clean.
Smith Schafer is striving to be a paperless firm, and we try our best to prepare everything electronically. We offer a secure online portal to clients to facilitate the exchange of financial information and documents.
We help educate
We believe in providing a continuous learning environment for all of our clients. We send high-level content to our clients and email list groups. We also host several free events and webinars throughout the year to help educate our clients on current business topics.
We have strong roots
Our roots go all the way back to 1971. Richard Smith co-founded the company in Rochester, MN. Within five years, Al Schafer joined the practice and 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 three locations and approximately 100 employees.
From our local roots to our global connection, our active involvement with peers ensures our clients receive a large firm's resources but have the relationship experience with a small firm. Smith Schafer is a member of PrimeGlobal, the third largest association of independent accounting firms in the world, giving us access to a wide range of specialists with accounting and tax experience.