The firm was founded on January 1, 1947, by John and Peg Law. At first, the Laws became an affiliate office of Mail Me Monday. After 12 years, John Law became entirely independent, changing the name of the business to the John W. Law Company.
In the years between 1959 and 1985, the John W. Law Company experienced many positive changes. Arnie Honkamp became the majority stockholder in 1973. Additional partners joined the firm, several more departments and service lines were created, and the first branch office was acquired.
The partners decided to identify the company as a certified public accounting firm, changing the name of the firm to Honkamp Krueger & Co., P.C., to reflect the names of Arnie Honkamp and Al Krueger.
The partners of Honkamp Krueger formed a wealth management affiliate, Honkamp Krueger Financial Services, Inc. (HKFS). HKFS enables Honkamp Krueger partners and managers to perform a thorough analysis of a client’s financial situation, and when appropriate, refer the client to HKFS professionals who can comprehensively assist with their financial needs.
Honkamp Krueger spun off its workforce management services into the affiliate, HKP. HKP offers a complete plate of human capital management solutions including payroll, HR/benefits, time and attendance, tax credits, HR consulting, benefits consulting, and retirement plan services.
In 2010, partner Greg Burbach took over the firm’s leadership role from founding partner, Arnie Honkamp, as the president and CEO. Greg was awarded Managing Partner Elite by Accounting Today in 2015.
Honkamp Krueger’s human capital management affiliate, HKP, was acquired by tech company, iSolved HCM. HKP was a network partner of iSolved HCM so this allowed clients to remain on their current HCM platform and offer them even more robust HCM solutions.