McLeod Ascanio & Company

What McLeod Ascanio & Company does

McLeod Ascanio & Company is a Maine-based CPA partnership founded in 1995 by Scott McLeod and James Ascanio, both alumni of Coopers & Lybrand (McLeod also trained at Arthur Andersen). The firm operates a "micro-firm model" of roughly 12-15 staff across two Maine offices (Cumberland Foreside headquarters and a Brunswick regional office opened in 2009), deliberately omitting mid-level staff so that clients are served directly by partners and credentialed professionals. Service offerings span financial statement assurance, tax compliance and planning, business consulting, valuation, financial planning, bank loan support, and litigation support — delivered as an integrated professional-services engagement rather than a modular product suite.

The firm's technology footprint is conventional for a regional CPA practice: standard accounting/auditing practices, ShareFile for secure document exchange, an online payment form, and downloadable tax organizers (personal, corporate, partnership). There are no proprietary platforms, APIs, or software products; the firm's core asset is the expertise of its three principals (Scott McLeod, James Ascanio, Matthew Barbour) and one manager (Inga Bozsik), several holding Big Eight credentials (Arthur Andersen, Coopers & Lybrand, PricewaterhouseCoopers). Revenue is generated entirely through competitive hourly billing on professional services, with no published rate cards or alternative pricing models.

Customer segments are segmented horizontally across individuals, small-to-mid-size Maine businesses, and non-profits, with a select set of enterprise clients — Jøtul North America, Amato's (a six-entity restaurant umbrella), and Southworth International Group — providing testimonials that anchor the firm's enterprise positioning. Marketing and client acquisition rely on referral networks (AICPA, Maine Society of CPAs), content marketing through the firm's tax alerts and newsletter, and direct partner-led relationship development within the Maine business community.

Name

McLeod Ascanio & Company

Legal name

McLeod, Ascanio & Company

Website

https://mcleodascanio.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

McLeod Ascanio & Company is a Maine-based CPA partnership founded in 1995 that delivers audit, tax, valuation, and business consulting services to individuals, SMBs, non-profits, and select enterprise clients through a partner-led micro-firm model.

Ownership category

akta.pro rank

Product category

Accounting Services

NAICS

Offices of Certified Public Accountants (541211), Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Litigation Support & Expert Witness (Valuation-Related) (BPAHANAG)

Keywords

• Accounting services
• Tax compliance
• Financial statement assurance
• Business consulting
• Business valuation

Headquarters

HQ city

Cumberland Foreside

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Professional Services Billing: All services are billed at competitive hourly rates. Services include financial statement assurance/audit, tax compliance and preparation, business consulting, business valuation, and financial planning. The firm serves individuals, corporations, partnerships, and non-profit entities.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

McLeod Ascanio & Company is a full-service CPA and consulting practice providing integrated financial statement assurance (audit and review), tax compliance and planning, business consulting, business valuation, and financial planning services. The firm serves individual taxpayers, small to mid-size businesses, non-profits, and select enterprise clients across Maine and New England, delivered through a micro-firm model in which experienced partners directly serve clients without mid-level staff. Supplementary offerings include litigation support, client portals for secure document sharing and online invoice payment, and downloadable tax organizers.

Product overview

McLeod Ascanio & Company is a full-service accounting and consulting practice that operates as a unified service offering rather than a platform-plus-modules architecture. The firm provides integrated professional services centered on financial statement assurance, tax compliance and planning, and business consulting. These core service areas are supported by specialized advisory practices including valuation, financial planning, business transaction advisory (buying, selling, starting a business), bank loan assistance, and litigation support. The firm also offers client-facing digital tools including a payment portal and secure file sharing via ShareFile, along with downloadable tax organizers for personal, corporate, and partnership returns.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Statement Assurance

Quantifiable outcome

• Saved hundreds of thousands of dollars for Southworth International Group through out-of-the-box thinking on operations and acquisitions
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Marcum LLP: Top-10 U.S. accounting and advisory firm with strong Northeast presence providing audit, tax, and consulting services to middle-market companies across a comparable client profile.
• RSM US: Global mid-market audit, tax, and consulting firm with U.S. operations serving middle-market companies, providing comparable service breadth and competing for cross-border Maine enterprise clients like Jøtul.
• Forvis: Top-10 U.S. accounting firm (formed by the merger of Dixon Hughes Goodman and BKD) serving mid-market clients with audit, tax, and advisory services; competes for larger engagements McLeod Ascanio also pursues.
• Wipfli: Top-20 U.S. accounting and advisory firm expanding across New England; offers overlapping audit, tax, and business consulting capabilities and competes for mid-market Maine clients seeking larger-firm resources.
• CliftonLarsonAllen (CLA): Top-10 U.S. accounting firm delivering integrated audit, tax, advisory, and wealth-management services to mid-market clients nationwide, including in New England, competing for the same enterprise engagements McLeod Ascanio targets.

Direct peers

• Baker Newman Noyes: New England-based CPA and advisory firm with a Portland, Maine office, providing audit, tax, and consulting to closely held and middle-market companies comparable to McLeod Ascanio's enterprise clientele.
• BerryDunn: Portland, Maine-headquartered CPA and consulting firm with comparable regional mid-market focus and full-service audit, tax, and business advisory offerings, directly competing for the same Maine enterprise and SMB clients.
• Purdy Powers & Company: Maine CPA firm providing accounting, tax, audit, and advisory services to individuals, businesses, and non-profits across southern and central Maine; competes directly for the same local client base.
• Macpage: Maine-based full-service accounting and business advisory firm of similar regional scope, offering audit, tax, and consulting services to SMB and mid-market clients across New England (also the prior employer of McLeod Ascanio's tax & assurance manager).

Emerging players

• Withum: Top-30 U.S. accounting and advisory firm with growing New England presence offering audit, tax, and advisory services targeted at closely held and mid-market companies, increasingly competing in McLeod Ascanio's regional market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mcleod-ascanio

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 McLeod Ascanio & Company