DMLO CPAs

What DMLO CPAs does

DMLO CPAs (legal name Deming, Malone, Livesay & Ostroff) is an independent, locally-owned CPA firm founded in 1975 and headquartered in Louisville, KY. It is the largest locally-owned CPA firm in the Louisville area and the only remaining independent local firm among the ten largest CPA firms in Kentuckiana, operating from four offices across Louisville and Jeffersonville, plus Corydon and New Albany in Southern Indiana following its October 2020 merger with Rodefer Moss. The firm employs approximately 150 people, including 60+ CPAs, and delivers a full suite of professional services — assurance/audit, tax planning and compliance, client accounting/bookkeeping, payroll processing (DMLO Payroll), wealth planning (DMLO Wealth Planning), business valuations, forensic accounting, litigation support, peer reviews, and healthcare practice consulting (Healthcare Practice Consultants). Service delivery is organized around 11 specialized industry verticals, including construction, credit unions, employee benefit plans, healthcare, hospitality, long-term care, manufacturing and distribution, not-for-profit, real estate, insurance, and service businesses, plus a dedicated high-net-worth individual segment.

The firm's technology stack is intentionally lean and third-party-driven — QuickBooks Online for client bookkeeping, ShareFile for document exchange, CPACharge and Converge Pay for invoicing and payment processing, and a Client Document Portal for secure document access — with no proprietary software platform or AI-driven product layer. Revenue is generated through fixed-fee and hourly professional services engagements, quoted per engagement and delivered directly through staff at office locations and client portals; pricing is not publicly disclosed. Distribution is wholly direct, with no reseller or third-party channel, and the customer base skews to mid-market enterprises and high-net-worth individuals in the Kentuckiana region, including notable logos such as Golf House Kentucky, Poe Companies, Quantum Ink, Boys & Girls Club, and YMCA.

The business model is relationship-led and referral-driven, supported by community investment (One Southern Indiana Lead Investor; Greater Louisville Inc. Private 100 Top Investor), membership in BKR International (81 countries) and the BDO Alliance USA for international and national reach, and consistent workplace recognition (Business First Best Places to Work, When Work Works Award). Disclosed client metrics materially outperform industry benchmarks: 87.5% of clients rate service at 9 or 10 (vs. 48% industry average) and Net Promoter Score is 82.1% (vs. 38% industry average), underscoring strong satisfaction that underpins a long-tenured book of business. Revenue is not publicly disclosed; based on 150 employees and the regional mid-market CPA peer set, estimated annual revenue sits in the $25M-$50M band with low confidence.

Name

DMLO CPAs

Legal name

Deming, Malone, Livesay & Ostroff

Website

https://dmlo.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

DMLO CPAs is an independent, locally-owned CPA firm headquartered in Louisville, KY, delivering assurance, tax, advisory, payroll, wealth planning, and healthcare practice consulting services to mid-market businesses, nonprofits, and high-net-worth individuals across the Kentuckiana region.

Ownership category

akta.pro rank

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Assurance Services: Financial statement audits, reviews, and compilations; agreed-upon procedure engagements
2. Tax Services: Tax planning and compliance for individuals, corporations, partnerships, trusts and estates
3. Client Accounting Services: Outsourced bookkeeping, monthly financial statements, payroll assistance
4. DMLO Payroll: Payroll processing services for clients
5. Business Valuations: Business valuation services including mergers and acquisitions support
6. Wealth Planning: Financial planning and wealth management services
7. Forensic Accounting: Fraud investigation and forensic accounting services
8. Litigation Support: Expert witness and litigation support services
9. Peer Reviews: Peer review services for other CPA firms
10. Healthcare Practice Consultants: Practice management, tax, and accounting services for medical and dental practices

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

DMLO CPAs is an independent, locally-owned CPA firm providing a full suite of traditional accounting, tax, and advisory services to businesses, nonprofits, and high-net-worth individuals across the Kentuckiana region. Services span assurance/audit, tax planning and compliance, client accounting/bookkeeping, payroll, business valuations, forensic accounting, litigation support, wealth planning, trusts and estates, and healthcare practice consulting, organized by 11 industry verticals.

Product overview

DMLO CPAs is a professional services firm offering a comprehensive suite of accounting, tax, and advisory services organized into distinct practice areas and industry verticals. The firm operates as a unified service offering rather than a software platform, with services spanning assurance/audit, business valuations, client accounting/bookkeeping, tax planning and compliance, trusts and estates, and forensic accounting. The firm maintains subsidiary brands including DMLO Payroll and DMLO Wealth Planning for specialized services, and acquired Healthcare Practice Consultants in 2014 to serve the medical/dental community. Digital client services include a Client Document Portal for secure document access and an EPayroll Resource Group division added through the 2020 merger with Rodefer Moss.

Differentiator

Problem solved

Functional benefit

Brands

• DMLO Payroll: Payroll services offered by DMLO
• DMLO Wealth Planning
• DMLO Healthcare Consultants

Quantifiable outcome

• 87.5% client satisfaction scores (9 or 10 rating)
• +2 more outcomes

Named customers8 records

Segments12 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Junior Achievement of KentuckianaminorGTM or Marketing Partner · 15 June 2021DMLO hosts annual Cornhole Tournament benefiting Junior Achievement of Kentuckiana, supporting youth entrepreneurship and financial literacy programs.
• One Southern Indiana (1si)coreGTM or Marketing Partner · 1 January 2021DMLO is a Lead Investor in One Southern Indiana, working with other businesses to advance the community. Partners on community events including the #1siONCE Awards.
• Canopy (Making Kentucky First in Good Business)minorGTM or Marketing Partner · 1 January 2021DMLO was one of the first companies to pledge multi-year financial support to Canopy, a nonprofit working with for-profit businesses to identify, measure and grow their social and environmental impact.
• Rodefer Moss of IndianacoreStrategic or Co-development Partner · 1 October 2020Merger effective October 1, 2020 combining two firms to create approximately 150-employee firm with three office locations in Corydon, Louisville and New Albany. Included EPayroll Resource Group as a division.
• BDO Alliance USAcoreStrategic or Co-development Partner · 1 January 2020DMLO is a member of the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting, and service firms. Provides additional scale and resources while maintaining independent operations.
• National CPA Health Care Advisors Association (HCAA)coreStrategic or Co-development Partner · 17 January 2017Nationwide network of CPA firms devoted to providing specialized accounting, tax and practice management services to physicians, physician groups, and dentists. DMLO joined to enhance healthcare consulting capabilities.
• Greater Louisville Inc. (GLI)coreGTM or Marketing Partner · 1 January 2017DMLO is a Private 100 Top Investor and High Impact Company with GLI. Partners on community development initiatives and business advocacy.
• Leadership Louisville CentercoreGTM or Marketing Partner · 1 January 2017Active involvement through Leadership Louisville programs including Focus Louisville, Ignite Louisville, and Leadership Southern Indiana. Supports leadership development and community building.
• Louisville Independent Business AllianceminorGTM or Marketing Partner · 1 January 2017Shareholder Member and sponsor supporting local independent businesses like DMLO. Participation in Buy Local Fair and local business advocacy.
• KyCPA Educational FoundationminorGTM or Marketing Partner · 1 January 2017Significant long-term financial commitment to the Create A Legacy Campaign. Sponsors annual BASE Camp for future CPAs and engages on boards and committees.
• Center for Nonprofit ExcellenceminorGTM or Marketing Partner · 26 October 2016DMLO participates in annual Nonprofit Conference and Pyramid Awards of Excellence, presenting the Pyramid Award for Art of Excellence in Collaboration.
• Healthcare Practice Consultants, LLCcoreStrategic or Co-development Partner · 1 December 2014Acquired in 2014 to expand services to medical and dental community. Successor to Service Bureau for Doctors founded in 1930, believed to be the oldest continuous physician and dental practice management consulting firm in the country.
• BKR InternationalcoreStrategic or Co-development Partner · 1 January 1975DMLO is a member of BKR International, one of the top 10 global accounting associations, representing the combined strength of similar independent accounting and business advisory firms in 81 countries. Provides global resources and network for international client needs.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Wipfli LLP: Top-25 U.S. accounting and advisory firm with strong construction, manufacturing, and not-for-profit practices. Comparable as a larger regional/national firm competing for the same mid-market and vertical clients DMLO serves.
• Crowe LLP: Top-10 U.S. accounting and advisory firm with a strong Indiana/Kentucky presence. Broad incumbent competitor offering the same core services (audit, tax, advisory) with deeper specialty resources than DMLO.
• Forvis (formerly BKD): Top-10 U.S. accounting firm formed from the BKD and Dixon Hughes Goodman merger. A broad incumbent competitor with national scale in the same assurance, tax, and advisory services and a number of DMLO's industry verticals (healthcare, credit unions, not-for-profit).
• BKD (legacy, now part of Forvis): Legacy top-10 U.S. accounting firm with a strong presence in healthcare, credit unions, and not-for-profit verticals — the same industries DMLO targets. Comparable as a large national competitor with similar service offerings at greater scale.

Direct peers

• Mountjoy Chilton Medley (MCM CPAs & Advisors): A Louisville-based CPA and advisory firm (now part of Forvis). Direct competitor with comparable full-service tax, audit, and advisory offerings for businesses and high net worth clients across Kentuckiana.
• Dean Dorton Allen Ford: A large Louisville, KY-based CPA and business advisory firm. Dean Dorton is a direct regional competitor with a similar mix of assurance, tax, and advisory services and overlapping industry verticals (healthcare, manufacturing, not-for-profit) in the same Kentuckiana market.
• Blue & Co. Indianapolis/Carmel, IN-based CPA and advisory firm. Direct regional peer with overlapping healthcare, construction, manufacturing, and not-for-profit verticals and similar client mix in adjacent Indiana/Kentucky geographies.
• Somerset CPAs: Indianapolis-based CPA and advisory firm with a similar mix of tax, audit, and advisory services for closely held businesses, not-for-profits, and healthcare clients. Comparable as a mid-size independent regional firm with comparable service breadth.
• LBMC (Lattimore Black Morgan & Cain): Nashville, Tennessee-based CPA and business advisory firm. Comparable as a large independent regional firm with similar assurance, tax, healthcare consulting, and business valuation services for privately held businesses and high net worth individuals.

Regional players

• Bingham Greenebaum Doll (now Dentons Bingham Greenebaum): A regional accounting and legal services firm historically headquartered in Louisville, KY. Comparable as a multi-discipline professional services firm with deep Kentucky roots and similar mid-market business client base in the same geographic market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/dmlocpas
• Facebookfacebook.com/dmlocpas
• LinkedInlinkedin.com/company/dmlo
• Instagraminstagram.com/dmlocpas
• Pinterestpinterest.com/dmlocpas

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about DMLO CPAs