BMSS Advisors & CPAs Company Research Report

Company Overview

Name: BMSS Advisors & CPAs

Mission: BMSS aims to offer a complete suite of business solutions that allow clients to focus on their core business operations while BMSS handles the complexities.

Founded: 1991

Founders: Keith Barfield, Don Murphy, and John Shank

Key People:

Jonathan Adcock, CPA - Senior Manager

Tom Albright, CPA - Member

Cindy Anderson, CPA - Member

Greg Barnes, CPA - Member

Michael Brand, CPA, CGMA - Member

Headquarters: BMSS has multiple offices in Alabama and Mississippi, including major locations in Birmingham (Colonnade, Downtown, and Riverchase), Gadsden, Huntsville, Mobile, and Ridgeland.

Number of Employees: Approximately 350+ staff, including 37 partners and 125 certified public accountants (CPAs).

Revenue: No information is available.

Reputation: BMSS is known for being a top 100 accounting firm in the U.S. and one of the largest locally-owned firms in its region. The firm is recognized for providing peace of mind to its clients with exceptional client experience, local presence, national knowledge, and a global reach.

Products and Services

BMSS offers a wide range of professional services, detailed as follows:

Business Solutions

Business Advisory

Business restructuring and turnaround

CFO/Controller advisory services

Client 361: A holistic analysis of business and personal finances

Client Accounting Solutions (CAS)

Entrepreneurial Operating System® (EOS)

Forensic Services

Government contracting advisory

Human Resources consulting

Transaction advisory services

Valuation services

Financial Reporting

Assurance

Employee Benefit Plan (EBP) compliance

Peer review

Service Organization Controls (SOC) reports

Tax Planning & Compliance

Federal, state, and international tax compliance

Estate and trust planning

Individual tax strategies

Nonprofit organization tax assistance

International tax consulting

State and local tax compliance

Recent Developments

Merger and Expansion

Merger with Haddox Reid Eubanks Betts, PLLC: In December 2023, BMSS expanded its presence to Mississippi by merging with Haddox Reid Eubanks Betts, PLLC. This merger brought additional depth in several industries including manufacturing, construction, technology, and more.

New Offices

Expansion to Mobile, Alabama: BMSS announced the opening of a new office in Mobile, Alabama, as part of its continued growth strategy.

Executive Leadership Changes

Promotions: Laura Hanks, CPA; Wendy Lacey, CPA; Maura McDevitt, CPA, MBA, CNAP, CGMA; and Trae Zablan, CPA, CGMA, CM&AA were promoted to members of the firm.

Industry Events

Hosted several informational webinars and events discussing topics like cybersecurity incidents, SOC audits, and navigating generational distinctions in the workplace.

Strategic Partnerships

BDO Alliance USA Membership: BMSS is an independent member of the BDO Alliance USA, leveraging BDO's resources to gain a competitive edge and meet client needs with enhanced resources and solutions.

Key Developments in Advisory Services

Published articles discussing current industry challenges and solutions, such as cybersecurity threats to credit unions and changes set to happen with tax laws, demonstrating an ongoing commitment to industry leadership and client education.

Conclusion

BMSS Advisors & CPAs remain a leader in providing comprehensive solutions to complex business challenges. With a focus on growth and expansion, the company continually seeks innovative ways to enhance client satisfaction and maintain its robust market presence.