PBMares, LLP
PBMares, LLP is a privately held, full-service CPA and business advisory firm delivering tax, audit, and advisory services across 12 industry verticals through 12 Mid-Atlantic offices, serving clients in 50 US states and 12 countries since 1963.
- Company typePrivate
- Founded1963
- HeadquartersNewport News, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What PBMares, LLP does
PBMares, LLP is a privately held, full-service public accounting and business advisory firm organized as a Limited Liability Partnership and headquartered in Newport News, Virginia. Founded in 1963, the firm operates 12 regional offices across Virginia, North Carolina, Maryland, and Washington DC, serving clients in all 50 US states and 12 countries. Its practice is structured around three core service lines — Tax, Audit & Assurance, and Advisory — supported by 12 dedicated industry vertical practices covering Construction & Real Estate, Credit Unions, Franchises, Government Contracting, Healthcare, Hospitality, Not-for-Profit, Professional Services, Real Estate, State & Local Government, plus private client services for high-net-worth individuals and families.
The firm's service portfolio spans the full accounting stack: from core compliance (audit, review, compilation, tax preparation) through specialized reporting (SOC 1/2/3, Yellow Book, Single Audits, DCAA, CMMC) to higher-margin advisory offerings including business valuations, cybersecurity risk services, risk advisory, outsourced accounting (back office, controller, and virtual CFO), retirement plan audits and third-party administration, and process optimization via Lean Six Sigma Green Belt practitioners. Technology architecture relies on cloud-based accounting platforms Sage Intacct and QuickBooks for client implementations, Box for secure client document exchange, QuickFee Connect for client payment processing, and various assurance software tools for SOC reporting and cybersecurity assessments. The firm holds PCI DSS Qualified Security Assessor (QSA) designation and certified professionals across CPA, CFA, CISA, CISM, CVE, QKA, and Yellow Book credentials.
PBMares generates revenue through professional service fees on engagement basis, with pricing determined by scope, complexity, industry specialization, and team composition. The go-to-market motion is partner-directed and relationship-led, with 22 named partners leading industry vertical practices, supported by extensive thought leadership (500+ articles, 50+ news releases, webinars, and industry reports), active membership in 15+ industry associations, and selective paid recognition (Top 100 CPA Firm by Accounting Today and Inside Public Accounting, Forbes Best-In-State CPAs, ClearlyRated Best of Accounting). Client testimonials include multi-decade relationships (45+ years with David A. Nice Builders) and NPS-equivalent recommendation rates of 74-100% across industries. Following the December 31, 2025 divestiture of PBMares Wealth Management LLC to Apella Wealth, the firm is now a focused CPA and business advisory practice.
PBMares, LLP firmographics
Firmographics- Name
- PBMares, LLP
- Legal name
- PBMares, LLP
- Website
- https://pbmares.com
- Company type
- Private
- Founded year
- 1963
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- PBMares, LLP is a privately held, full-service CPA and business advisory firm delivering tax, audit, and advisory services across 12 industry verticals through 12 Mid-Atlantic offices, serving clients in 50 US states and 12 countries since 1963.
- Ownership category
- akta.pro rank
Where PBMares, LLP is headquartered
LocationHeadquarters
- HQ city
- Newport News
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
PBMares, LLP business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Tax Services: Comprehensive tax planning and compliance services for businesses and individuals including business tax planning, international tax, state and local tax, succession planning, estates and trusts, and private client services. Revenue is generated through professional service fees on engagement basis.
- Audit & Assurance: Audit, review, and compilation services including SOC reporting (SOC 1, SOC 2, SOC 3), employee benefit plan audits, single audits, yellow book audits, and public company services. Delivered by credentialed professionals with industry-specific expertise.
- Advisory Services: Business advisory including risk assessments, business valuations, cybersecurity risk, process optimization, retirement plan services, outsourced accounting (back office, controller, CFO services), and risk advisory. Comprehensive consulting engagements with strategic focus.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Professional services engagements are quote-based and scope-dependent |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
PBMares, LLP product offering
Product offeringCore offering
PBMares, LLP is a full-service CPA and business advisory firm delivering tax planning and compliance, audit and assurance, and advisory services across multiple industry verticals. The firm serves mid-market and enterprise clients with specialized practices in construction, healthcare, government contracting, not-for-profit, hospitality, real estate, credit unions, franchises, professional services, and state and local government. Service delivery spans compliance, attestation, business valuations, cybersecurity risk management, retirement plan administration, and outsourced accounting (back office, controller, and virtual CFO services).
Product overview
PBMares, LLP is a nationally recognized public accounting and business advisory firm organized as a single integrated platform delivering professional services across three core service lines (Advisory, Audit & Assurance, and Tax) supported by specialized industry vertical practices. The firm operates as a full-service accounting practice offering advisory services (business risk, valuations, cybersecurity, process optimization), retirement plan services (audits and third-party administration), and outsourced accounting solutions (back office, controller, and CFO services). Industry-specific practices serve Construction/Real Estate, Credit Unions, Franchises, Government Contracting, Healthcare, Hospitality, Not-for-Profit, Professional Services, and State & Local Government sectors. The portfolio is structured as a unified professional services offering rather than discrete software products, with service delivery augmented by proprietary methodologies, certified professionals (including Green Belt, CISA, CISM, QSA credentials), and technology partnerships with QuickBooks and Sage Intacct.
Differentiator
Problem solved
Functional benefit
Products and services
- Tax Services
- Audit & Assurance
- Business Advisory Services
- Risk Advisory
- Retirement Plans
- Outsourced Accounting
- Government Contracting Services
- Healthcare Services
- Not-for-Profit Services
- Construction & Real Estate Services
- Credit Union Services
- Professional Services Industry Practice
- Hospitality Services
- Franchise Services
- State & Local Government Services
- Business Risk Services
- Business Valuations
- Cybersecurity Risk Services
Quantifiable outcome
- 74-81% of clients across industries would recommend PBMares to colleagues (NPS)
- +3 more outcomes
Companies that use PBMares, LLP
Customer profileNamed customers15 records
Segments11 records
Ideal customer profiles10 records
PBMares, LLP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
PBMares, LLP partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights4 records
PBMares, LLP competitors and assessment
Company assessmentDirect peers
- Cherry Bekaert: Headquartered in Richmond, VA, Cherry Bekaert is a Top 30 US CPA and advisory firm with comparable regional Mid-Atlantic presence, similar industry-vertical specialization, and overlapping audit/tax/advisory services targeting middle-market clients.
- FORVIS (formerly Dixon Hughes Goodman): Top 10 US CPA firm formed through merger with deep regional roots in the Southeast and Mid-Atlantic. Directly comparable in industry-vertical model, mid-market focus, and professional services breadth.
- Baker Tilly US: Top 15 US accounting and advisory firm with comparable industry specialization (construction, government, healthcare, NFP) and a similar mid-market to enterprise client profile.
- CliftonLarsonAllen (CLA): Top 10 US CPA firm operating a regional office model with comparable industry-vertical practice groups (construction, healthcare, NFP, government) targeting middle-market clients across similar geographies.
- Plante Moran: Top 15 US CPA firm with similar mid-market focus, industry specialization, and a partner-led service model; comparable in size and professional services economics.
- Wipfli: Top 25 US accounting and advisory firm with comparable middle-market positioning, industry-vertical practices, and a similar mix of audit, tax, and advisory services.
Broad incumbents
- BDO USA: Top 10 US accounting firm with overlapping middle-market and industry-vertical services; significantly larger than PBMares and competes for the same client profile at the upper end.
- RSM US: Top 5 US accounting and advisory firm competing for middle-market clients with similar industry-vertical coverage; larger scale but overlapping service lines and target segments.
- Grant Thornton US: Top 7 US accounting firm offering audit, tax, and advisory services to mid-market and enterprise clients; a larger competitor with overlapping industry-vertical practices and government contracting capabilities.
- KPMG US: Big 4 accounting firm with substantial middle-market audit/tax/advisory practice; overlaps with PBMares in industry verticals (government, healthcare) but at significantly larger scale and broader geographic reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
PBMares, LLP social profiles
Digital presencePBMares, LLP compliance and trust
Trust signalCompliance6 records
PBMares, LLP financial estimates
Financial estimateRevenue estimate
Valuation estimate
PBMares, LLP leadership team
Management profileNumber of profiles
Profiles24 records
PBMares, LLP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PBMares, LLP 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 PBMares, LLP
What does PBMares, LLP do?
PBMares, LLP is a full-service CPA and business advisory firm delivering tax planning and compliance, audit and assurance, and advisory services across multiple industry verticals. The firm serves mid-market and enterprise clients with specialized practices in construction, healthcare, government contracting, not-for-profit, hospitality, real estate, credit unions, franchises, professional services, and state and local government. Service delivery spans compliance, attestation, business valuations, cybersecurity risk management, retirement plan administration, and outsourced accounting (back office, controller, and virtual CFO services).
Is PBMares, LLP a public or private company?
PBMares, LLP is a private company. It is classified as management employee owned and is currently operating.
When was PBMares, LLP founded?
PBMares, LLP was founded in 1963. It employs 251 to 500 people.
Where is PBMares, LLP based?
PBMares, LLP is headquartered in Newport News, United States, in the North America region.
How does PBMares, LLP make money?
Three revenue lines are on record. Tax Services are the primary driver. The others are audit & Assurance and advisory Services.
Who are PBMares, LLP's main competitors?
Direct peers on record are Cherry Bekaert, FORVIS (formerly Dixon Hughes Goodman), Baker Tilly US, CliftonLarsonAllen (CLA), Plante Moran and Wipfli. Broad incumbents are BDO USA, RSM US, Grant Thornton US and KPMG US.
Does PBMares, LLP have an API?
No public API is recorded for PBMares, LLP.