# SolomonEdwardsGroup

SolomonEdwardsGroup is a Business Consulting and Services based in Wayne, United States.

## Overview

- **Organization type:** Business Consulting and Services
- **Headquarters:** Wayne, United States
- **Region:** North America
- **Address:** Wayne, PA, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** solomonedwards.com
- **LinkedIn:** https://www.linkedin.com/company/solomonedwardsgroup

## Regulatory record

- **Reports private funds:** No

## About

Edward Baumstein founded SolomonEdwardsGroup in 1999, headquartered in Wayne, Pennsylvania. The firm is a professional services and staffing company that focuses on accounting, finance, risk, compliance, and technology consulting. Baumstein remains the CEO and has guided the firm through both organic growth and private-equity backing, with Lightyear Capital acquiring a majority stake in 2018. SolomonEdwardsGroup deploys human capital rather than financial capital, supplying interim and project-based consultants, direct-hire recruiting, and managed services to mid-market and Fortune 500 clients. Its primary practice areas include accounting advisory, business transformation, ESG and sustainability consulting, financial services advisory, and mergers-and-acquisitions integration. The firm staffs mandates ranging from technical accounting remediation to full-scale finance-function transformation. Its geographic footprint covers major US metros, with service delivery organized around regional hubs. Lightyear Capital, a New York-based private equity firm focused on financial services, acquired SolomonEdwardsGroup in May 2018. The sponsorship provided capital for accretive acquisitions, including the 2021 purchase of RoseRyan, a California-based finance and accounting consulting firm known for serving pre-IPO technology companies. The RoseRyan deal deepened the firm's West Coast presence and added specialized capabilities in technical accounting for high-growth enterprises. The firm typically recruits experienced professionals from Big Four accounting firms and corporate finance departments. Unlike asset managers or family offices on an allocator's roster, SolomonEdwardsGroup is a services vendor — the kind of firm an institutional allocator might hire during a finance-system migration or to backfill a regulatory reporting team. It does not invest capital, manage funds, or take equity stakes. Its structural differentiator is the private-equity consolidation of a fragmented professional-services sector, using a platform model to cross-sell compliance and transformation services across a national client base.

## People

- Edward S. Baumstein — Founder & CEO

## Questions

### Does SolomonEdwardsGroup manage investment capital or take equity stakes?

No. SolomonEdwardsGroup is a professional services and staffing firm, not an investment vehicle. It supplies consulting talent and project-based resources to corporate finance, accounting, and compliance teams. It does not manage funds, take equity stakes, or make direct investments.

### What types of services does SolomonEdwardsGroup provide?

The firm provides interim and project-based consulting, direct-hire recruiting, and managed services across accounting advisory, business transformation, ESG consulting, financial services advisory, and M&A integration. It places experienced professionals, many drawn from Big Four accounting firms, into corporate finance functions.

### What is the significance of the RoseRyan acquisition?

In 2021, SolomonEdwardsGroup acquired RoseRyan, a California-based finance and accounting consultancy that specializes in serving pre-IPO technology companies. The deal expanded the firm's West Coast presence and added capabilities in technical accounting and financial operations for high-growth enterprises.

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Last updated: 2026-06-03T20:00:00.000Z

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