Lumsden McCormick, CPA
Lumsden McCormick is a Buffalo, NY-based CPA firm founded in 1952, providing strategic planning, business valuation, and forensic auditing services to privately held businesses, legal counsel, and litigation matters in the Western New York region with 101-250 employees.
- Company typePrivate
- Founded1952
- HeadquartersBuffalo, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Lumsden McCormick, CPA does
Lumsden McCormick, CPA is a privately held accounting and advisory firm headquartered in Buffalo, New York, founded in 1952. The firm provides strategic planning, business valuation, and forensic auditing services, indicating a practice orientation toward higher-value advisory and litigation-support work rather than commodity tax preparation or basic compliance. With 101-250 employees, the firm operates in the mid-market regional CPA segment, serving clients whose needs cross standard accounting into specialized valuation and forensic engagements.
The firm is led by Sara M Dayton as Managing Partner, representing the current professional leadership of a practice that has operated continuously for over 70 years under a single brand. The firm's business model follows the standard professional services economics of CPA firms: time-and-materials or fixed-fee billing against engagement scopes, with revenue tied to billable hours, headcount, and realized billing rates. The valuation and forensic service mix typically commands premium rates relative to general audit work, supporting a higher revenue-per-employee ratio than peer firms focused solely on tax and compliance.
The available source data is notably thin: the firm's website (lumsdencpa.com) returned only a verification/loading page during data collection, and most enrichment fields (revenue, customer segments, technology stack, partnerships, geographic markets, leadership beyond the named managing partner) are empty. This data gap itself is a material observation for diligence purposes, as it limits visibility into the firm's commercial positioning, client concentration, and growth signals.
Lumsden McCormick, CPA firmographics
Firmographics- Name
- Lumsden McCormick, CPA
- Legal name
- Lumsden McCormick, CPA
- Website
- https://lumsdencpa.com
- Company type
- Private
- Founded year
- 1952
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Lumsden McCormick is a Buffalo, NY-based CPA firm founded in 1952, providing strategic planning, business valuation, and forensic auditing services to privately held businesses, legal counsel, and litigation matters in the Western New York region with 101-250 employees.
- Ownership category
- akta.pro rank
Lumsden McCormick, CPA industry classification
Industry- Product category
- Accounting & Auditing Services
- NAICS
- Offices of Certified Public Accountants (541211), Administrative Management and General Management Consulting Services (541611), Management Consulting Services (54161)
- SIC
- Services-Management Services (8741)
- akta.pro primary industry
- Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)
- akta.pro secondary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
Keywords
Where Lumsden McCormick, CPA is headquartered
LocationHeadquarters
- HQ city
- Buffalo
- HQ country
- United States
- HQ region
- North America
Markets served
Lumsden McCormick, CPA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Lumsden McCormick, CPA product offering
Product offeringCore offering
Lumsden McCormick is an accounting firm (CPA practice) that provides professional services including strategic planning, business valuation, and forensic auditing. The firm delivers accounting, advisory, and audit-related engagements to organizational clients from its Buffalo, NY base, operating as a traditional CPA firm since 1952.
Differentiator
Problem solved
Functional benefit
Products and services
- Strategic Planning Services Strategic planning advisory services delivered to organizational clients of the CPA firm, focused on financial and business strategy.
- Business Valuation Services Professional business valuation engagements for clients needing formal valuations of businesses or business interests, typically for transactions, litigation, or strategic decisions.
- Forensic Auditing Services Forensic audit and investigation services for clients requiring examination of financial records for legal, fraud, or dispute-related matters.
- Accounting Services Core accounting and CPA services provided by the firm, supporting clients' financial reporting, compliance, and accounting needs.
Companies that use Lumsden McCormick, CPA
Customer profileIdeal customer profiles1 record
Lumsden McCormick, CPA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Lumsden McCormick, CPA partnerships and signals
Strategic signalRecent moves1 record
Lumsden McCormick, CPA competitors and assessment
Company assessmentBroad incumbents
- Wipfli LLP: Top-20 US accounting firm focused on mid-market organizations with audit, tax, advisory, and technology services — directly comparable target segment and service mix.
- RSM US: Large mid-market-focused accounting and consulting firm with adjacent valuation and forensic capabilities; broader geographic and service footprint than Lumsden McCormick.
- Crowe LLP: National accounting and advisory firm with established audit, tax, and consulting practices serving mid-market clients comparable to Lumsden McCormick's target segment.
- BDO USA: Top-10 US accounting network with strong mid-market practice; overlaps on audit, tax, valuation, and forensic work but operates nationally rather than from a regional base.
- Ernst & Young (EY): Big Four firm with large valuation, forensic, and transaction advisory practices; competes for the higher end of Lumsden McCormick's deal-related engagements.
Direct peers
- The Bonadio Group: Upstate New York-based CPA and advisory firm of comparable size offering audit, tax, and consulting services. Direct head-to-head competitor in the WNY/mid-market space.
- Freed Maxick CPAs: Buffalo-based CPA firm of similar scale providing audit, tax, and advisory services to mid-market clients in the same geography.
- Chiampou Travis Besaw & Kershner: Buffalo-area CPA and advisory firm with comparable mid-market focus. Local peer competing for the same client base.
- Dopkins & Company: Buffalo-headquartered CPA and business advisory firm with similar headcount and service mix including audit, tax, and advisory. Most local direct peer.
Regional players
- MNP LLP: Large Canadian accounting and advisory firm with US presence and cross-border mid-market focus; comparable practice mix including valuation and forensic services.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat4 records
Key risks4 records
Key highlights4 records
Customer concentration
Lumsden McCormick, CPA social profiles
Digital presenceLumsden McCormick, CPA financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lumsden McCormick, CPA leadership team
Management profileNumber of profiles
Profiles1 record
Lumsden McCormick, CPA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lumsden McCormick, CPA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lumsden McCormick, CPA
What does Lumsden McCormick, CPA do?
Lumsden McCormick is an accounting firm (CPA practice) that provides professional services including strategic planning, business valuation, and forensic auditing. The firm delivers accounting, advisory, and audit-related engagements to organizational clients from its Buffalo, NY base, operating as a traditional CPA firm since 1952.
Is Lumsden McCormick, CPA a public or private company?
Lumsden McCormick, CPA is a private company. It is classified as unknown and is currently operating.
When was Lumsden McCormick, CPA founded?
Lumsden McCormick, CPA was founded in 1952. It employs 101 to 250 people.
Where is Lumsden McCormick, CPA based?
Lumsden McCormick, CPA is headquartered in Buffalo, United States, in the North America region.
Who are Lumsden McCormick, CPA's main competitors?
Broad incumbents on record are Wipfli LLP, RSM US, Crowe LLP, BDO USA and Ernst & Young (EY). Direct peers are The Bonadio Group, Freed Maxick CPAs, Chiampou Travis Besaw & Kershner and Dopkins & Company. MNP LLP is listed as a regional player.
Does Lumsden McCormick, CPA have an API?
No public API is recorded for Lumsden McCormick, CPA.
What industry is Lumsden McCormick, CPA in?
Lumsden McCormick, CPA's product category is Accounting & Auditing Services. Its primary akta.pro industry code is BPAHABAF, Financial Reporting & Technical Accounting Advisory (GAAP/IFRS), with a secondary code of BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 541211 and its SIC code is 8741.