Davis & Hodgdon Associates

What Davis & Hodgdon Associates does

Davis & Hodgdon Associates is a privately held, multi-office accounting and advisory firm headquartered in Williston, Vermont, founded in August 1990 by John W. Davis. The firm operates under the umbrella brand Davis & Hodgdon Advisory Group (DHAG) and delivers tax planning and compliance through Davis & Hodgdon CPAs, outsourced bookkeeping and virtual CFO services through Convergent Accounting (a tiered, subscription-priced service originally launched in 2016 as RAD), and fee-only fiduciary wealth management through the SEC-registered affiliate Copper Leaf Financial. Services are organized by type — tax, audit/review/compilation, business consulting, succession planning, wealth management — and by industry vertical, with dedicated practices for auto dealerships, construction, dental, manufacturing, veterinary, nonprofits, and individual clients across Vermont, northern New England, and upstate New York.

The underlying technology stack is conventional professional services infrastructure rather than proprietary platform IP: QuickBooks Online for client bookkeeping, HubDoc/AutoEntry/Tallie for document and expense management, and a Soraban client portal (upgraded in 2025) providing drag-and-drop upload, document tracking, e-signature, and mobile access. Convergent Accounting's three subscription tiers (Collaborative, Proactive, Strategic) represent the firm's only notable productized offering. No AI/ML capabilities, patents, or proprietary models are disclosed.

The business model blends professional services fees (tax, audit, consulting) with subscription/recurring revenue (Convergent Accounting monthly retainers and Copper Leaf Financial advisory fees). Pricing is quote-based and not publicly disclosed. The firm reaches clients through direct relationships, professional referrals, community involvement, and content marketing (blog, newsletter, YouTube, LinkedIn, Facebook, monthly virtual townhalls). Ownership is partner-held with no external institutional investment.

Name

Davis & Hodgdon Associates

Legal name

Davis & Hodgdon CPAs

Website

https://dh-cpa.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Davis & Hodgdon Associates is a privately held Vermont CPA firm offering tax planning, client accounting, wealth management, audit, and advisory services to individuals, small-to-mid businesses, and nonprofits across Northern New England through its CPAs, Convergent Accounting, and Copper Leaf Financial affiliates.

Ownership category

akta.pro rank

Headquarters

HQ city

Williston

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services - Tax Planning & Compliance: Year-round tax planning and preparation services for individuals, businesses, trusts, and estates. Includes proactive tax strategy development, multi-state tax services, and tax authority representation.
2. Client Accounting Services (Convergent Accounting): Fixed monthly fee outsourced accounting and bookkeeping services with tiered service levels. Provides real-time financial data access and weekly status reports.
3. Wealth Management (Copper Leaf Financial): Fee-only fiduciary financial planning and investment advisory services. SEC-registered investment adviser providing comprehensive financial planning, retirement planning, and portfolio management.
4. Audit, Review & Compilation Services: Financial statement services at three levels of assurance - compilations, reviews, and full audits including Yellow Book audits for federally funded nonprofits.
5. Business Consulting & Advisory: Advisory services including exit planning, succession planning, mergers and acquisitions support, business valuations, fraud prevention, and family business consulting.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Davis & Hodgdon Associates is a Vermont-based CPA and advisory firm providing year-round proactive tax planning and compliance, outsourced client accounting and virtual CFO services (Convergent Accounting), fee-only fiduciary wealth management (Copper Leaf Financial, an SEC-registered investment adviser), audit/review/compilation services, and business consulting including succession, exit planning, M&A support, and fraud prevention. Services are delivered across SMB, individual/HNW, nonprofit, and selected industry verticals (auto dealerships, construction, dental, manufacturing, veterinary practices).

Product overview

Davis & Hodgdon Advisory Group (DHAG) operates as a unified platform-plus-modules advisory firm serving clients throughout Vermont and the Northeast. The core offering consists of Davis & Hodgdon CPAs (tax planning and compliance services), supplemented by two affiliated sub-brands: Copper Leaf Financial (SEC-registered fee-only fiduciary wealth management, separately registered) and Convergent Accounting (outsourced bookkeeping and virtual CFO services, launched as RAD in 2016, rebranded 2021). Services are organized by type (tax, audits, business consulting, wealth management, succession planning) and by industry vertical (dealerships, construction, dental, manufacturing, veterinary), with dedicated nonprofit and individual client services. The firm utilizes the Soraban client portal for secure document exchange and offers QuickBooks-related integrations for client accounting.

Differentiator

Problem solved

Functional benefit

Brands

• Copper Leaf Financial: SEC registered investment adviser providing fiduciary, fee-only wealth management and financial planning services. Member of NAPFA.
• Convergent Accounting

Products and services

• Tax & Compliance (Davis & Hodgdon CPAs) Year-round proactive tax planning and tax return preparation for individuals, businesses, trusts, estates, nonprofits, and foundations. Includes proactive tax strategy development, multi-state tax services, and representation before tax authorities.
• Convergent Accounting (Client Accounting Services)

Quantifiable outcome

• Clients have saved millions on R&D tax credits since 2016
• +1 more outcomes

Named customers3 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Copper Leaf FinancialcoreStrategic or Co-development PartnerCopper Leaf Financial is an affiliated and separately registered SEC investment adviser providing fee-only fiduciary financial planning services. Founded as part of the Davis & Hodgdon Advisory Group to offer comprehensive wealth management, retirement planning, and investment advisory services coordinated with the CPA firm's tax planning. NAPFA member committed to fiduciary standard.
• Convergent AccountingcoreStrategic or Co-development PartnerBrand name for Davis & Hodgdon's Client Accounting Services (formerly RAD - Remote Accounting Department). Provides outsourced bookkeeping, virtual CFO services, and financial leadership to business clients. Operates as an integrated service within the Davis & Hodgdon Advisory Group.
• SorabancoreTechnology or IntegrationTechnology partner providing cloud-based client portal with drag-and-drop functionality, document tracking, e-signature capabilities, and mobile app. The firm launched an enhanced Soraban portal in 2025 with improved navigation and real-time document status tracking.

Scale indicators3 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Plante Moran: Top-15 US accounting and advisory firm serving middle-market businesses with tax, audit, consulting, wealth management, and CAS offerings. Represents a larger-scale reference point with comparable service breadth and industry-specialized practices.
• Marcum LLP: Top-10 US accounting firm with comprehensive tax, audit, advisory, CAS, and wealth management capabilities to middle-market and SMB clients. Larger-scale incumbent offering the same integrated services Davis & Hodgdon provides, often to the same client profile.

Direct peers

• Withum: Mid-Atlantic headquartered CPA and advisory firm providing tax, audit, CAS/outsourced accounting, and wealth management to privately held businesses and high-net-worth individuals. Closely comparable integrated tax + advisory + CAS model serving similar SMB and owner-operated client profiles.
• UHY US: National accounting and advisory network providing tax, audit, CAS, and consulting to mid-market and SMB clients with industry-vertical specialization. Comparable mid-market positioning and integrated service model.
• AAFCPAs: New England-based full-service accounting firm serving closely held businesses, nonprofits, and individuals with tax, audit, advisory, and wealth services. Direct geographic and service-line comparability for Davis & Hodgdon's Vermont practice.
• CLA (CliftonLarsonAllen): Large US accounting and advisory firm offering tax, audit, wealth advisory, and outsourced accounting services to SMBs and middle-market clients. Highly comparable multi-line advisory model and similar client mix make CLA a direct benchmark for Davis & Hodgdon's integrated offering.
• BerryDunn: Top-100 US accounting firm headquartered in New England with full-service tax, audit, consulting, and wealth management offerings. Geographically adjacent and serves a comparable mix of privately held businesses, nonprofits, and individuals across Northern New England.
• Anders CPAs + Advisors: Mid-size regional CPA and advisory firm with tax, audit, CAS, wealth management, and industry-specialized practices serving privately held businesses and individuals. Comparable size, service mix, and integrated advisory positioning.
• PKF O'Connor Davies: Northeast-based CPA and advisory firm with tax, audit, CAS, wealth management, and industry-specialized practices. Comparable multi-line advisory model and similar SMB/middle-market and HNW client focus.

Regional players

• Boulay Group: Upper Midwest-anchored CPA and advisory firm with tax, audit, CAS, wealth management, and industry-specialized practices. Comparable size and integrated service lines, though operating in a different primary geography than Davis & Hodgdon.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/VermontCPA
• Facebookfacebook.com/DavisHodgdonCPA?ref=hl
• LinkedInlinkedin.com/company/davis-&-hodgdon-associates-cpas

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Davis & Hodgdon Associates