RICHMOND, VA (9/21/15) — PBMares, LLP – a regional accounting and business consulting firm serving clients in the US and internationally – has earned a spot on INSIDE Public Accounting’s 2015 IPA 200.
Ranked as the 104th largest accounting firm in the U.S. – up from the 110th spot on the 2014 IPA 200 – PBMares grew their net revenue from $28,964,442 in 2014 to $30,275,887 in 2015.
“With more than 500 firms participating in the IPA annual Survey and Analysis of Firms this year, along with many CPA firm associations contributing to the search to identify the IPA 200, this prestigious group joins the IPA 100 as the definitive ranking of the nation’s largest public accounting firms,” says Kelly Platt, principal of The Platt Group, the publisher of IPA.
IPA 200 firms are ranked by revenue, with $15 million being the minimum to make the list this year. The rankings are compiled by analyzing more than 500 responses to IPA’s Survey and Analysis of Firms.
“We are proud that our firm has been named to the IPA’s annual ranking for the second consecutive year,” Alan Witt, CPA, CEO of PBMares. “It shows our determination for continuous growth and achievements in the public accounting field.”
The highlights of the IPA 200 are 5.4% average revenue growth, 4.7% average net income growth, 13.3% average staff turnover, $78,564 average pay per professional staff, and $477,552 as an average equity partner compensation. In addition to above listed parameters, the IPA 200 are also engaged in acquisitions to grow in size, scope and capability, with 18 mergers reported for the group last year, pulling more than 180 staff and more than $13 million into the aggregate numbers of the group.
This is INSIDE Public Accounting’s sixth annual ranking of the 200 largest accounting firms in the nation.
About PBMares, LLP
PBMares, LLP is an accounting and business consulting firm serving U.S. and international clients, with offices in the Mid-Atlantic. The firm unlocks opportunity for clients using the right balance of industry, specialty and general business services in the areas of audit and accounting, tax planning and preparation, pension plan design/administration, and owner-managed/corporate financial consulting.
In addition, the firm provides additional services through its affiliates: Artifice Forensic Financial Services, LLC, a financial consulting division specializing in fraud investigations and forensic accounting; PBMares Wealth Management, LLC, a registered investment advisor; and TMDG, LLC, a national healthcare consulting firm specializing in medical claims audits. More information is available online at www.pbmares.com.
About INSIDE Public Accounting
INSIDE Public Accounting (IPA), founded in 1987, is published by The Platt Group. The Platt Group publishes both the award-winning INSIDE Public Accounting newsletter and the award-winning National Benchmarking Report. The Platt Group also consults with firms to help them become more successful. The Platt Group works with managing partners, CFOs and thought leaders across the nation to provide practical ideas, benchmarking data and information to take firms to the next level of improvement.
For copies of the 2015 IPA 200 Firms September issue of IPA, reprints and customized reprints, and pricing information, please contact Chelsea Page at (317) 733-1920; cpage@plattgroupllc.com.
