Richard Mastrocola



Mergers and acquisitions
Trusts and estates

Headshot of Rick Mastrocola, the CEO of Tonneson and Co.


Wakefield, MA

Richard Mastrocola, known as Rick, has been an integral part of Tonneson since its inception. As the CEO, Rick brings a wealth of knowledge and experience to his role, continuously applying a forward-thinking and strategic mindset to guide the firm and its clients. With expertise in mergers and acquisitions, financing, succession planning, and more, Rick provides valuable guidance to businesses across industries. Rick joined the firm in 1975.

Rick’s areas of specialization include Audit Readiness, Advisory Services, High Net Worth, Individual and Family Office, International Tax, Matrimonial Litigation, Mergers and Acquisitions, Dispute Resolution, Succession Planning, Tax Planning and Consulting, and Trusts and Estates. He particularly focuses on closely held businesses in sectors such as manufacturing, distribution and logistics, construction, professional services, medical devices, and retail and restaurants.

As a CPA with an MS in taxation from Bentley University and a BS in business administration from Salem State University, Rick is dedicated to providing the highest level of expertise to clients. He actively participates in professional organizations such as the American Institute of CPAs (AICPA) and the Massachusetts Society of CPAs (MassCPAs).

With Rick’s extensive experience, strategic mindset, and dedication to client success, he is committed to helping businesses navigate complex financial matters and achieve their goals.

Get to know Richard Mastrocola

Beyond his professional pursuits, Rick enjoys skiing and golfing. He is passionate about driving the development of leading-edge technologies, work-life balance, diversity and inclusion, social responsibility, and employee empowerment within the firm. Rick also advocates for the advancement and professional development of staff.