CBIZ

What CBIZ does

CBIZ, Inc. (NYSE: CBZ) is a U.S. professional services firm founded in 1987 and headquartered in Cleveland, Ohio, providing integrated accounting, tax, advisory, benefits, insurance, and technology services primarily to middle-market businesses and not-for-profit organizations. Following the November 2024 acquisition of Marcum LLP's non-attest business for approximately $2.3 billion, CBIZ operates as the seventh-largest U.S. accounting services provider with ~$2.8 billion in annual revenue, 9,500+ employees, and 200+ offices nationwide. The firm is organized around six core service lines — Accounting (audit & attest, financial reporting), Tax (business, international, state and local, private client, specialized), Advisory (FAAS, M&A, valuation, risk, forensic, human capital, investment advisory, compensation, talent), Benefits & HR, Insurance, and Technology — and serves thirteen vertical markets including construction, real estate, financial services, government, healthcare, life sciences, private equity, and technology.

CBIZ generates revenue primarily through professional services fees structured under custom engagements, with pricing determined by scope and complexity, billed predominantly on annual or project cadences. Revenue streams span audit and attest services delivered through the licensed CPA entity (CBIZ CPAs P.C., operating under an alternative practice structure), insurance brokerage commissions, and managed technology services including IT consulting, cybersecurity, and HR/payroll platforms. The company combines organic industry-specialized practices with an aggressive acquisition program that has absorbed more than fifteen targets since 2015 — most recently Optumas (2021), Marks Paneth (2022), Stinnett & Associates (2022), Pivot Point Security (2023), American Pension Advisors (2023), Erickson Brown & Kloster (2024), CompuData (2024), and Marcum LLP (2024).

The technology portfolio includes the proprietary Centrally HR platform (an Acumatica-certified HCM solution), the Martus real-time forecasting tool, and Insights.Applied. — an integrated offering launched in February 2026 to convert Mid-Market Pulse research into client engagements. CBIZ has deployed agentic AI across the firm targeting 20% efficiency gains with a stated path to 40%, recognized by the AI Native Accounting Foundation's inaugural Firm Award for Strategy & Governance in 2026. Subsidiary CBIZ Investment Advisory Services manages over $83 billion in assets under advisement across retirement plans, endowments, and private wealth.

Name

CBIZ

Legal name

CBIZ Inc.

Website

http://www.cbiz.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

CBIZ is a U.S. professional services firm providing integrated accounting, tax, advisory, benefits, insurance, and technology services primarily to middle-market businesses and not-for-profits, operating 200+ offices with ~$2.8 billion in annual revenue post-Marcum.

Ownership category

akta.pro rank

Product category

Professional Business Services

NAICS

Offices of Certified Public Accountants (541211), Professional, Scientific, and Technical Services (54), All Other Professional, Scientific, and Technical Services (541990)

SIC

Insurance Agents, Brokers & Service (6411), Services-Management Consulting Services (8742)

akta.pro primary industry

Mid-Market Commercial Package (Package Policies) (FSAJAFAB)

akta.pro secondary industries

Data Platform, BI & Analytics Integration (BPAEAAAI), Business Intelligence, Reporting & Visualization Services (BPAEAHAD)

Keywords

• Professional services
• Accounting services
• Tax advisory
• Risk management
• Middle market consulting

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services Fees: Revenue generated from providing integrated professional services including accounting, tax, advisory, benefits, insurance, and technology solutions to middle-market businesses
2. Audit & Attest Services: Revenue from audit, attest, and financial reporting services through CBIZ CPAs
3. Insurance Brokerage: Risk management and insurance solutions providing protection for businesses
4. Technology Services: IT consulting, cybersecurity, cloud-based strategies, managed IT services, and HR/payroll technology solutions

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

CBIZ provides integrated professional business services—accounting, tax, advisory, benefits and HR, insurance, and technology solutions—to middle-market companies, growth-oriented businesses, and not-for-profits across the United States. Services are delivered through 200+ offices, more than 10,000 professionals, and 13 industry-specialized practices, augmented by proprietary platforms such as Centrally HR, Martus, Insights.Applied, and agentic AI tools. Revenue is generated primarily through custom, engagement-based professional services fees.

Product overview

CBIZ is a professional services firm providing integrated accounting, tax, advisory, benefits, insurance, and technology solutions to middle market businesses across the United States. The company operates as a platform of six core service areas: Accounting Services (including Audit & Attest and Financial Reporting), Tax Services (Business Tax, International Tax, State & Local Tax, Private Client Services, Specialized Tax), Advisory Services (Compensation Consulting, Financial Accounting & Advisory, Forensic Consulting, Human Capital Management, Investment Advisory, M&A Knowledge Center, Risk & Advisory, Talent Solutions, Valuation Services), Benefits & HR Services, Insurance Solutions, and Technology Solutions. CBIZ delivers these services through its national network with industry-specific expertise across 13 sectors including construction, real estate, financial services, government, healthcare, life sciences, private equity, and technology. The firm also publishes the quarterly Mid-Market Pulse Report and offers Insights.Applied., a suite of integrated solutions translating strategy into action for clients.

Differentiator

Problem solved

Functional benefit

Brands

• CBIZ CPAs P.C. Licensed independent CPA firm providing attest services under an alternative practice structure
• CBIZ Investment Advisory Services
• Insights.Applied.

Products and services

• Accounting Services Provides audit, attest, and financial reporting services for growth-oriented companies and diverse not-for-profits, including SEC/PCAOB audits, employee benefit plan audits, SOC reporting, and IFRS & GAAP transitions.
• Tax Services Strategic tax planning and compliance solutions including business tax, international tax, state and local tax, private client services, and specialized tax services to minimize tax burdens while ensuring regulatory compliance.
• Advisory Services Results-driven advisory solutions including private equity advisory, risk & advisory services, forensic consulting & litigation, financial accounting & advisory, valuation services, human capital management, M&A knowledge center, talent solutions, and transaction advisory.
• Benefits & HR Services Custom benefits and HR strategies including actuarial services, employee benefits administration and consulting, HR services, retirement plan administration and consulting, payroll, time & labor management, and HR technology solutions.
• Insurance Solutions Comprehensive risk management and insurance solutions including business insurance solutions, individual insurance, risk management, and specialty insurance to protect businesses from uncertainty.
• Technology Solutions IT consulting, cybersecurity assessments, cloud-based strategies, managed services, and emerging technology solutions including artificial intelligence, cloud & infrastructure, cybersecurity, enterprise performance & technology, managed services, and payroll & HR technology.
• Investment Advisory Services Investment advisory services for retirement plans, foundations, endowments, individuals, and trusts with over $83 billion in assets under advisement, including retirement plan consulting, private wealth, and endowments & foundations services.
• M&A Knowledge Center Integrated support across the deal lifecycle for businesses and private equity firms, providing insight-rich guidance from valuation to integration to unlock value, reduce risk, and scale smarter.
• Insights.Applied. Suite of integrated solutions designed to help businesses address operational and financial challenges, implementing strategic priorities identified in the Mid-Market Pulse Report including cost optimization, technology modernization, and talent acquisition.

Quantifiable outcome

• Increased average pay positioning from 26% to 42% range penetration for SERS Ohio pension fund
• +4 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• AcumaticacoreTechnology or Integration · 12 May 2026CBIZ Centrally HR is now a certified partner in the Acumatica Marketplace HCM Solutions program. The certification enhances integration and functionalities of HR management solutions within the Acumatica platform, providing seamless ERP integration for joint customers.
• National Center for the Middle MarketcoreStrategic or Co-development PartnerCBIZ partners with The Ohio State University National Center for the Middle Market on research and thought leadership. Joint surveys including the quarterly Mid-Market Pulse Report and Tradeoff Economy research provide market intelligence based on input from 500-1,300+ mid-market business leaders.
• CEFEXminorOthersCEFEX provides independent recognition of CBIZ Investment Advisory Services' conformity to defined standards of practice, demonstrating adherence to industry best practices.

Scale indicators7 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• KPMG US: KPMG US is a Big 4 firm with a substantial middle-market and enterprise practice spanning audit, tax, advisory, and technology. While broader and larger than CBIZ, KPMG increasingly competes for mid-market accounts, making it a relevant broader-market incumbent peer.

Direct peers

• Baker Tilly US: Baker Tilly is a top-15 U.S. accounting and advisory firm focused on middle-market clients across audit, tax, consulting, and technology—comparable to CBIZ on segment, scale, and service breadth.
• Wipfli LLP: Wipfli is a top-20 U.S. accounting and advisory firm focused on small and mid-sized businesses, providing audit, tax, advisory, and technology services including outsourced accounting. Highly comparable to CBIZ on customer segment and service portfolio.
• Moss Adams LLP: Moss Adams is a U.S. accounting, tax, and consulting firm with a strong middle-market and industry-specialized practice (construction, real estate, healthcare, etc.)—directly comparable to CBIZ's vertical specialization model.
• Crowe LLP: Crowe is a U.S. public accounting and consulting firm serving middle-market and large clients with audit, tax, advisory, and risk consulting services—a direct competitor for CBIZ's enterprise and middle-market accounts.
• CliftonLarsonAllen (CLA): CLA is one of the largest U.S. accounting firms focused exclusively on the middle market, providing audit, tax, advisory, wealth advisory, and tech services—a direct functional and segment peer to CBIZ.
• BDO USA: BDO USA is a top-five global accounting network with a strong U.S. middle-market focus spanning audit, tax, advisory, and digital services—directly comparable to CBIZ's middle-market go-to-market and integrated service model.
• Plante Moran: Plante Moran is one of the largest U.S. middle-market accounting and advisory firms, offering audit, tax, consulting, and technology services. Closely matches CBIZ on size band, middle-market focus, and integrated service offering.
• Grant Thornton Advisors LLC: Grant Thornton is a U.S. middle-market-focused accounting and advisory firm with similar service breadth (audit, tax, advisory, technology) and target customer profile. Comparable in scale and mid-market specialization to CBIZ.
• RSM US: RSM US is the leading U.S. middle-market accounting and advisory firm, offering audit, tax, consulting, and technology services closely paralleling CBIZ's mid-market positioning and service mix. It is the most direct head-to-head competitor for CBIZ's target segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cbz
• YouTubeyoutube.com/cbizinc
• Facebookfacebook.com/cbizmhmsoca
• LinkedInlinkedin.com/company/cbiz
• Instagraminstagram.com/cbizinc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A24 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CBIZ