BGM

What BGM does

BGM is a privately held, partner-owned financial services firm headquartered in Bloomington, Minnesota, operating under an alternative practice structure that separates attest services (BGM CPA, LLC), advisory and consulting services (BGM Group, LLC), and SEC-registered investment advisory services (BGM Wealth Partners, LLC, established 1996). The firm delivers a full suite of business-facing and personal financial solutions, including wealth management, tax planning and preparation, audit and assurance, outsourced accounting and CFO services, advisory (business valuation, M&A due diligence, forensic accounting, risk assessment, succession and exit planning), retirement and 401(k) advisory, family office, and trust services. Its client base spans more than a dozen industry verticals — notably Agriculture, Auto Dealerships, Cannabis, Healthcare, Real Estate, Professional Services Firms, and Law Firms — and personal segments including business owners, HNW individuals, families, executives, retirees, and startup founders.

The firm's technology stack centers on the BGM Client Access Portal, a centralized digital hub that integrates multiple third-party platforms: Tamarac/Envestnet for wealth performance tracking, Egnyte and Suralink for secure document exchange, SafeSend Returns and SafeSend Gather for electronic tax return delivery and organizer completion (the latter featuring AI-powered document recognition), and Aiwyn for online payments. Operations are supported by a US office network in Bloomington MN, Sauk Centre MN, Naples FL, Longmont CO, and West Des Moines IA, plus an offshore accounting operation in Hyderabad, India. Strategic affiliations include MGI Worldwide (international accounting network) and SealedBid Marketing (lower middle market M&A execution).

BGM's business model is engagement-based professional services, with pricing that is not publicly disclosed and is likely quote-driven by scope and complexity. Revenue streams span fee-for-service advisory and tax work, audit and assurance engagements, recurring outsourced accounting/CFO contracts, recurring wealth management and family office fees, and contingent M&A advisory through the SealedBid affiliation. The go-to-market is relationship-led, with industry-specific expertise as the primary differentiator, supported by content marketing, a podcast ("Mastering the 360 Mindset"), and a multi-channel social presence. Ownership is partner-held with no identified external private equity or institutional investor, and leadership includes Co-Founder and Chairman Daniel A. Boeckermann and Jon T. Meyer, CFP®, President of the Wealth Management division and co-founder of Cornerstone Private Asset Trust Company.

Name

BGM

Legal name

BGM CPA, LLC and BGM Group, LLC

Website

https://bgm360.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

BGM is a partner-owned, full-service financial advisory firm based in Bloomington, MN, delivering wealth management, tax, audit, advisory, outsourced accounting, and family office services to business owners, HNW individuals, and specialized industry verticals across five US states.

Ownership category

akta.pro rank

Product category

Financial Advisory and Accounting Services

NAICS

Professional, Scientific, and Technical Services (541)

SIC

Services-Management Services (8741)

akta.pro primary industry

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

Keywords

• Financial advisory services
• Wealth management solutions
• Tax planning services
• Audit and assurance
• Business valuation

Headquarters

HQ city

Bloomington

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Professional Services (Advisory, Audit, Tax, Accounting): BGM generates revenue through professional services including advisory solutions (business valuation, M&A due diligence, forensic accounting, risk assessment, succession planning), audit and assurance services, outsourced accounting (CFO services, controller services, offshoring), tax solutions (business tax, international taxation, estate and trust, tax credits, state and local tax), retirement and 401(k) solutions, and mergers and acquisitions services.
2. Wealth Management: Revenue from wealth management services including investment advisory, portfolio management, and financial planning for individuals and families.
3. Family Office Services: Comprehensive family office solutions providing integrated financial services for high-net-worth families.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

BGM is a professional services firm providing financial advisory, tax, audit, outsourced accounting, wealth management, and family office services to business owners and high-net-worth individuals. The firm operates through BGM CPA, LLC (attest services) and BGM Group, LLC (advisory services), with BGM Wealth Partners, LLC delivering SEC-registered investment advisory services. Core offerings include business valuation, M&A advisory, tax planning, audit and assurance, and wealth management supported by an integrated client portal ecosystem.

Product overview

BGM is a full-service financial advisory firm organized as a collective of business and personal financial solutions. The core offering is BGM Wealth Management, an SEC-registered investment advisory division (BGM Wealth Partners, LLC, established 1996) providing portfolio management and financial planning. This is augmented by a suite of business-facing services: Advisory Solutions (business valuation, M&A, risk assessment, succession planning), Audit & Assurance Solutions (financial audits, SOC reports, employee benefit plan audits), Outsourced Accounting Solutions (CFO and controller services), Tax Solutions (business, international, estate/trust), Retirement & 401(K) Solutions, and Mergers & Acquisitions Solutions. Personal solutions include Family Office Solutions, Individual Tax and Planning Solutions, and Trust Solutions. The firm's client-facing digital hub — the Client Access Portal — integrates multiple third-party platforms: Envestnet/Tamarac for wealth performance tracking, Egnyte for document exchange, Suralink for secure document sharing with BGM professionals, SafeSend (Returns and Gather sub-products) for electronic tax return delivery and tax organizer completion with AI-powered document recognition, and Aiwyn for online payments. The SealedBid sub-product (M&A platform) provides business sale and transaction execution services for the lower middle market.

Differentiator

Problem solved

Functional benefit

Products and services

• BGM Wealth Management Wealth management and investment advisory services covering individual client portfolios, investment committee governance, and coordinated financial planning. Delivered through BGM Wealth Partners, LLC, a SEC-registered investment advisory firm.
• Advisory Solutions Advisory services spanning certified business valuation, financial due diligence, entrepreneurial advisory, forensic accounting and litigation support, risk assessment, and succession and exit planning for businesses and business owners.
• Audit & Assurance Solutions Audit and attestation services including audits, reviews, and compilations; Service Organization Control (SOC) reporting; employee benefit plan audits; and peer reviews.
• Outsourced Accounting Solutions Outsourced accounting services providing CFO services, controller services, and accounting services offshoring to support business clients' financial operations.
• Tax Solutions Tax preparation and planning services for businesses covering business tax, international taxation, estate and trust, tax credit and incentive programs, and state and local tax.
• Retirement & 401(K) Solutions Retirement plan advisory and 401(k) solutions for business clients.
• Mergers & Acquisitions Solutions M&A advisory and transaction execution services, including business sale preparation, buyer identification, due diligence support, deal structuring, and transition planning, facilitated through the SealedBid platform.
• Family Office Solutions Comprehensive family office services for high-net-worth families, including wealth management, estate planning, and coordinated financial advisory.
• Individual Tax and Planning Solutions Tax preparation and financial planning services for individual clients, including tax return preparation via SafeSend Returns and tax organizer completion via SafeSend Gather.
• Trust Solutions Trust planning and administration services, including coordination with Cornerstone Private Asset Trust Company, LLC for trust services.
• BGM Client Access Portal Centralized client hub providing access to client-facing tools and resources including Envestnet/Tamarac (wealth tracking), Egnyte (document exchange), Suralink (document exchange), SafeSend (tax returns and organizers), and Aiwyn (online payments).
• SealedBid Business sale and M&A transaction platform operated by Blake Johnson, providing confidential business sale preparation, buyer outreach, offer management, due diligence support, and deal closing coordination for lower middle market companies.

Segments9 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• MGI WorldwidecoreStrategic or Co-development PartnerBGM is a member of MGI North America, an international affiliation of accounting and consulting firms. This affiliation provides BGM with access to global resources, expertise sharing, and international networking capabilities while maintaining independent operations.
• SealedBid MarketingcoreStrategic or Co-development PartnerSealedBid Marketing is a BGM-affiliated company specializing in mergers and acquisitions execution for lower middle market transactions. President Blake Johnson works with BGM clients on exit and succession planning strategies. The partnership provides integrated M&A advisory and transaction execution services for business owners planning exits.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Baker Tilly US: Advisory, tax, and assurance firm with a comparable mid-market focus and overlapping services in business valuation, M&A advisory, wealth management, and industry-specific consulting.
• FORVIS (formerly BKD / Dixon Hughes Goodman): Top-10 US accounting and advisory firm formed from recent rollups with comparable mid-market focus, industry specialization, and full-service tax/audit/advisory/wealth offerings.
• Moss Adams LLP: West Coast-headquartered accounting and consulting firm with similar industry verticals (consumer, healthcare, real estate, manufacturing) and overlapping tax, audit, advisory, and wealth services.
• RSM US: Global mid-market audit, tax, and consulting firm with comparable services including business valuation, M&A due diligence, outsourced accounting, and wealth advisory serving middle-market business owners.
• Plante Moran: Large Midwest-based accounting, tax, and advisory firm with similar industry specialization (manufacturing, healthcare, private equity) and comparable wealth management and outsourced CFO offerings.
• Eide Bailly LLP: Regional full-service CPA and advisory firm with comparable industry verticals (including agriculture, healthcare, construction) and a similar mix of tax, audit, advisory, and outsourced accounting services.
• Generational Group: M&A advisory firm focused exclusively on lower middle market transactions (similar to BGM's SealedBid), making it a direct comparable on the deal-execution side of BGM's advisory practice.
• Wipfli LLP: Top-20 US accounting and advisory firm headquartered in the Midwest with comparable full-service offerings — audit, tax, advisory, outsourced accounting, wealth management — and a similar mid-market and industry-specialized client base.
• CliftonLarsonAllen (CLA): Large US accounting and professional services firm with comparable outsourced accounting, wealth advisory, and industry-specific services for mid-market businesses and HNW individuals.

Broad incumbents

• BDO USA: Top-10 national accounting and advisory network with broader scale than BGM but highly overlapping services including M&A advisory, valuation, tax, audit, and wealth management.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bgm_360
• YouTubeyoutube.com/channel/UCWLKzPXsKwg9XdTwmj6-VSw
• Facebookfacebook.com/BGMCPA
• LinkedInlinkedin.com/company/boeckermann-grafstrom-&-mayer

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments

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

Frequently asked questions about BGM