BST & Co. CPAs, LLP

What BST & Co. CPAs, LLP does

BST & Co. CPAs, LLP is a privately held limited liability partnership founded in 1976 (with roots tracing to 1944) and headquartered in Latham, New York, with additional offices in New York City and Garden City. The firm operates as one of the largest accounting and consulting firms in upstate New York and one of only two remaining independent firms of its size in the Capital Region. It delivers a dual-track service portfolio: traditional audit, tax, advisory, valuation/forensic accounting/litigation support, and wealth management (via Affinity BST Advisors), alongside a growing outsourced services arm organized under the BST Consulting Group umbrella — Virtual Accounting Solutions (fractional CFO/controller/accountant support), CFO for Hire, CMO for Hire, Outsourced Talent Strategies, and Outsourced Cybersecurity (via West Point Security Solutions). Its client base spans seven verticals — construction, government, healthcare, manufacturing/retail/distribution, not-for-profit, professional services, and real estate — with named relationships spanning 40+ years (e.g., DePaula Auto Group) and quantified client outcomes including 50+ hours/month of accounting tasks eliminated and $100,000 in payroll costs removed for individual clients.

The firm's technology backbone centers on Sage Intacct, deployed within VAS to deliver cloud-based financial dashboards, KPI reporting, real-time visibility, and multi-location financial management for clients such as Colorize Inc. VAS follows a proprietary four-phase methodology (Assessment, Reconfiguration, Implementation, Managed Services) delivered in tiered service levels (Bronze, Silver, Gold). GTM is sales-led and partner-driven: enterprise engagements are sourced through direct partner relationships, professional networks, referrals, and an RFP process, while mid-market VAS/CFO for Hire deals are pursued through a dedicated business development function (Director of Business Development Jim Hogan). Pricing is consultative and quote-based with multi-year professional services contracts; revenue is split across traditional engagements, specialty VFL work, and recurring managed services from the outsourced portfolio. The firm is affiliated with the Aprio national network and partners with Dopkins Wealth Management and West Point Security Solutions to extend service breadth beyond core accounting.

Name

BST & Co. CPAs, LLP

Legal name

BST & Co. CPAs, LLP

Website

https://bstco.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

101–250 employees

Short description

BST & Co. CPAs, LLP is a privately held regional accounting and advisory firm serving middle-market and enterprise clients across construction, government, healthcare, manufacturing, not-for-profit, professional services, and real estate verticals in New York State, with traditional audit/tax/advisory services and a growing outsourced services portfolio (VAS, CFO for Hire, CMO for Hire) under the BST Consulting Group umbrella.

Ownership category

akta.pro rank

Headquarters

HQ city

Albany

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Traditional Accounting & Audit Services: Traditional audit & assurance, tax, and business advisory services delivered to businesses and individuals on a recurring professional services basis. Includes financial statement audits, compliance engagements, and advisory consulting.
2. Valuation, Forensic Accounting & Litigation Support: Specialized VFL services including business valuation, forensic accounting, and litigation support for divorce, fraud, money laundering, and financial crimes cases. Expert witness and cryptocurrency tracing services included.
3. Outsourced Accounting & Advisory (VAS / CFO for Hire): Fractional virtual accounting and CFO services provided on a part-time/contract basis to businesses that lack internal finance departments. Includes Controller and CFO-level roles filled on an outsourced basis. Tiered service levels (Bronze, Silver, Gold).
4. Outsourced Talent Strategies: Human resources outsourcing including recruitment, talent management, policy consulting, and sexual harassment prevention training services for New York State employers.
5. Outsourced Marketing (CMO for Hire): Strategic marketing outsourcing including CMO-level leadership, philanthropic strategy consulting, and marketing execution for businesses seeking to build marketing capabilities without full-time hires.
6. Wealth Management: Wealth management and personal financial planning services through Affinity BST Advisors partnership, including investment planning, retirement planning, Roth conversions, estate planning, and insurance advisory.
7. Outsourced Cybersecurity: Cybersecurity advisory services referred through West Point Security Solutions partnership.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

BST & Co. CPAs, LLP is a Capital Region accounting and management consulting firm providing traditional audit, tax, and advisory services alongside outsourced services including fractional CFO/controller support (VAS, CFO for Hire), valuation and forensic accounting, wealth management, and outsourced marketing and HR. Services are delivered to middle-market and enterprise clients across construction, government, healthcare, manufacturing, not-for-profit, professional services, and real estate verticals.

Product overview

BST & Co. CPAs, LLP is an accounting and business advisory firm offering a broad portfolio of traditional and outsourced services. The firm operates under a platform-plus-modules architecture, with core traditional services (Audit & Assurance, Tax, Advisory, Wealth Management, and Valuation, Forensic Accounting & Litigation Support) supplemented by a growing suite of outsourced services organized under the BST Consulting Group umbrella brand (launched October 2025). The outsourced portfolio includes Virtual Accounting Solutions (VAS) delivering fractional CFO/controller/accountant support via cloud-based technology (Sage Intacct), CFO for Hire providing dedicated fractional CFO services, Outsourced Talent Strategies for HR functions, Outsourced Marketing through the CMO for Hire division, and Outsourced Cybersecurity via West Point Security Solutions. The firm also offers specialized training services including Sexual Harassment Prevention Training. Services are delivered across diverse industry niches including construction, government, healthcare, manufacturing, real estate, not-for-profit, and professional services.

Differentiator

Problem solved

Functional benefit

Brands

• BST Consulting Group: Umbrella for multiple outsourced service lines including outsourced accounting, marketing, cybersecurity, and talent strategies.
• Virtual Accounting Solutions (VAS)
• Affinity BST Advisors
• CMO for Hire
• CFO for Hire

Products and services

• Audit & Assurance
• Tax
• Advisory
• Wealth Management
• Valuation, Forensic Accounting & Litigation Support (VFL)
• BST Consulting Group
• Virtual Accounting Solutions (VAS)
• CFO for Hire
• Outsourced Talent Strategies
• Outsourced Marketing (CMO for Hire)
• Outsourced Cybersecurity
• Sexual Harassment Prevention Training

Quantifiable outcome

• Eliminated over 50 hours per month in accounting tasks and saved over $15,000 in annual accounting salaries for Colorize Inc.
• +3 more outcomes

Named customers11 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Dopkins Wealth ManagementcoreStrategic or Co-development Partner · 8 February 2024BST & Co. CPAs partnered with Dopkins Wealth Management, a Buffalo-based investment advisory firm, to enhance wealth management service delivery. The partnership combines accounting and wealth management expertise for comprehensive client financial planning.
• Affinity BST Advisors (Affinity Group merger)coreStrategic or Co-development Partner · 3 December 2021BST Wealth Management LLC merged with The Affinity Group, a boutique wealth management firm, to form Affinity BST Advisors — a unified wealth management division offering investment advisory, financial planning, and estate planning services.
• Aprio AllianceminorStrategic or Co-development PartnerBST is affiliated with Aprio, a national accounting and advisory firm network, providing access to additional resources, expertise, and a broader service delivery capability for clients with multi-market needs.
• West Point Security SolutionsminorGTM or Marketing PartnerBST refers its clients to West Point Security Solutions for outsourced cybersecurity services, providing a comprehensive risk management offering alongside its accounting and advisory services.
• Sage IntacctcoreTechnology or IntegrationBST implements Sage Intacct cloud-based accounting software as the technology platform for its Virtual Accounting Solutions clients, enabling multi-location financial management, real-time dashboards, and integrated accounting workflows.

Scale indicators10 records

Recent moves9 records

Expansion highlights10 records

Direct peers

• The Bonadio Group: Upstate New York-based CPA and business advisory firm of comparable size, offering audit, tax, outsourced accounting, and wealth advisory across similar SMB/mid-market verticals. Closest direct peer in terms of regional positioning, service breadth, and target client profile.
• Grossman St. Amour CPAs: Syracuse-based regional CPA and advisory firm serving Central and Upstate New York with audit, tax, outsourced accounting, and CFO services — directly comparable geography, vertical mix, and outsourced-services offering.
• Wojeski & Company CPAs: Capital Region-based CPA firm offering audit, tax, and business advisory services to a similar mid-market and SMB client base in upstate New York. Competes head-to-head with BST for regional clients and talent.
• Marvin & Company, P.C. Capital Region and Saratoga-area CPA firm providing audit, tax, and advisory services to closely overlapping verticals (construction, healthcare, NFP, professional services). Comparable scale and regional focus.
• Dopkins & Company, LLP: Buffalo-headquartered CPA and advisory firm with strong upstate NY presence; offers audit, tax, outsourced accounting, and the affiliated Dopkins Wealth Management — directly comparable to BST's traditional + outsourced + wealth model.

Broad incumbents

• RSM US LLP: National mid-market-focused CPA and consulting firm offering audit, tax, outsourced accounting, and CFO advisory. Represents the scaled-incumbent competitive threat in BST's target client segment.
• BDO USA: Large national full-service CPA and advisory firm with significant outsourced accounting and CFO services capabilities. Represents the broader competitive set against which BST's mid-market positioning must be defended.
• CliftonLarsonAllen (CLA): Large Top-10 U.S. CPA firm focused on mid-market clients with deep outsourced accounting, CFO advisory, and industry-vertical practices — comparable service breadth to BST Consulting Group but at materially greater scale.
• Aprio, LLP: National CPA and advisory firm in BST's Aprio Alliance partnership network. Provides access to multi-market service capability; also represents a scaled competitive benchmark with overlapping outsourced service offerings.

Emerging players

• Pilot.com (Pilot Bookkeeping): Tech-enabled outsourced bookkeeping and CFO services platform targeting SMBs — directly competes with BST's Virtual Accounting Solutions on the fractional-finance thesis, though at a more productized, less advisory-led delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/bstcpa
• LinkedInlinkedin.com/company/bst-financial-and-management-consultants

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about BST & Co. CPAs, LLP