Comprehensive Business Solutions Delivered with a Higher Standard of Service

Initially founded as a traditional accounting firm in 1984, LBMC has become the largest professional services solutions provider in Tennessee. As a top 40 firm in the country, we’ve become industry leaders in accounting and finance, human resources, technology, risk and information security, and wealth advisory services for both businesses and individuals backed by more than 750 team members. Through all the growth and change, one defining trait has always remained the same: the genuine southern hospitality we bring to every client.

Truthfully, we can’t imagine doing business any other way. Our belief in delivering dedicated personal attention to every client allows us to maintain the responsiveness of a regional firm, while offering the expertise of a national provider. For us, a high standard of service isn’t just a priority — it’s a non-negotiable. And this commitment has served us well. Whether you’re looking for a comprehensive fix or to outsource a single function, LBMC’s Family of Companies can provide the business solutions you need to thrive.

This is LBMC

LBMC is the largest professional service solutions provider based in Tennessee, serving approximately 10,000 clients with diverse needs across a spectrum of industries; however, we didn’t start that way.

LBMC was founded in 1984 as a traditional accounting firm with a simple mission: to serve a great group of clients and enjoy doing it. More than 30 years later, loving what we do and who we do it for has taken us a long way. LBMC has been named a top 50 firm in the country.

Today, we’ve become industry leaders in financial, human resources, technology, information security, and wealth advisory services backed by more than 600 employees – not because a business plan told us to be, but because we’re entrepreneurs and our clients asked us to be.

As illustrated by our “Best Places to Work” recognition, LBMC is committed to attracting and retaining the nation’s best talent, positioning ourselves to best serve clients with the industry’s brightest minds.

What is LBMC?

Whether you need to supplement or outsource a single function, need an ally you can trust for your taxes, or are in the market for a comprehensive business solutions partner, LBMC is what your business needs.

NEWS ALERT!

LBMC Recognized as 2023 Best in Business for Private Companies; Named Top Firm in Nation

LBMC Recognized as 2023 Best in Business for Private Companies; Named Top Firm in Nation

(June 15, 2023)LBMC, a leading accounting, advisory and business consulting firm in the nation, has once again demonstrated its commitment to excellence by being named a 2023 Best in Business for Private Companies. This prestigious award celebrates companies that exhibit exceptional performance in service, growth, innovation and strategy, serving as trailblazers for others in the industry.

LBMC’s achievement follows a series of recent accolades that highlight the firm’s continuous growth and industry leadership. Accounting Today recognized LBMC as a Top 100 Firm for 2023, where the company ranked 35 nationwide and secured the no. 3 spot in the Southeast region. LBMC also secured the No. 2 spot on the Nashville Business Journal’s 2023 Largest Accounting Firms in Nashville list, further solidifying its local prominence.

We are honored to receive these prestigious awards, both nationally and within our local community,” said Jeff Drummonds, managing partner/CEO of LBMC. “These third-party endorsements validate the investments we make in the personal and professional growth of our team members and serve as a testament to the unparalleled service and expertise we consistently deliver to our valued clients. The LBMC leadership team extends our sincere gratitude to our team members for setting the gold standard in our industry and to our clients for continuing to place their trust in LBMC.”

Forbes 2023 America's Best Tax and Accounting Firms

LBMC Named a 2023 Forbes America’s Best Tax and Accounting Firm in the Nation

(February 13, 2023) – LBMC is pleased to announce that it has been named a 2023 Forbes America’s Best Tax and Accounting Firm. This is the third year in a row for LBMC to be recognized on Forbes’ prestigious list, again achieving placement as both a top Tax and Accounting firm in the U.S.

This esteemed award is presented by Forbes and Statista Inc., the world’s leading statistics portal and industry ranking provider. Forbes and Statista created the award list through an independent survey, and winners were based on the number of recommendations received from participants (peers and clients) and additional company data. LBMC was one of the few elite firms named to both lists, out of approximately 30,000 total participants and 4,500 final recommendations.

“We are honored to be recognized by Forbes as one of the best tax and accounting firms in the nation again this year,” said Jeff Drummonds, LBMC’s CEO. “We appreciate the recommendations from our clients and peers reaffirming our culture of providing outstanding service and expertise. Our clients need trusted advisors who can provide unique solutions to help them grow, and we are grateful for the confidence they place in us.”

Inc. Best in Business 2022 logo

LBMC Named to Inc. Best in Business List

(January 31, 2023) – LBMC has been named to the newly released Inc. 2022 Best in Business list in the Management Consulting category for the Community Development Area of Impact. Now in its third year, Inc.’s Best in Business Awards honor companies that have made an extraordinary impact in their fields and on society.

The list, which can be found in the Winter issue of Inc. magazine, recognizes the most dynamic companies that have had an outstanding influence on their communities, their industries, the environment, or society as a whole. LBMC was selected from a highly competitive pool of thousands of applicants and named one of five in the community development area of impact.

“We are honored to be recognized as an Inc. Best in Business in the Community Development area of impact,” said Jeff Drummonds, LBMC’s CEO. “We owe this outstanding distinction to our team members, who go above and beyond to give back to our clients, peers, and communities year in and year out. I am proud to be part of a firm whose culture is fundamentally tied to empowering and uplifting the communities where we work, live and serve. Congratulations to our team members for this Inc. magazine recognition.”

“Inc. magazine is dedicated to showcasing America’s most dynamic businesses and the great things they do. The Best in Business awards shine a light on those that have gone above and beyond their original mission to make a social, environmental or economic impact, benefiting those around them,” said Scott Omelianuk, editor-in-chief of Inc.

Rather than relying on quantitative criteria tied to sales or funding, Inc.’s editors reviewed the companies’ achievements over the past year and noted how they made a positive difference in the world. They then selected honorees in 55 different categories – from advertising to sustainability to retail, and more – and in age-based, revenue-based, size-based, and impact-based categories. The applicant pool was extremely competitive – a huge success for the 241 honored in the list’s third year. Honorees for gold, silver, bronze, and general excellence across industries and categories are featured online at inc.com/best-in-business.

We're Great Place to Work-Certified! 94% of team members said LBMC is a great place to work.

LBMC Named National Great Place to Work® for Third Consecutive Year

(October 4, 2022) – LBMC is proud to be selected as a Certified™ Great Place to Work® for the third consecutive year. The firm was awarded this prestigious designation based entirely on what current team members say about their experience working at LBMC. This year, 94% of team members said LBMC is a great place to work – 37 points higher than the average U.S. company.

Great Place to Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

Great Place to Work Certification™ isn’t something that comes easily – it takes ongoing dedication to the employee experience,” said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work. “It’s the only official recognition determined by employees’ real-time reports of their company culture. Earning this designation means that LBMC is one of the best companies to work for in the country.”

“We are thrilled to be certified as a Great Place to Work for the third year in a row and owe this prestigious distinction to our outstanding team members,” said Michelle Endres, LBMC’s Chief People Officer. “At LBMC, it’s all about our people, who are building meaningful connections, driving the future of LBMC through trust and support of each other, our clients and our communities.”

“We continue to invest in our people through our enhanced Talent Development programs, offering our team members the opportunity to participate in leadership development training for their personal and professional growth. As our firm grows, investing in our talent pays off in dividends,” said Endres.

According to Great Place to Work research, job seekers are 4.5 times more likely to find a great manager at a Certified great workplace. Additionally, team members at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion.

Accounting Today - 32nd largest CPA firm in the U.S.

Accounting Today Names LBMC Top 32 Firm in Nation, Top Regional Firm for 2022

(April 22, 2022) – LBMC, a top advisory and business consulting firm in the nation, is proud to announce it has been named to Accounting Today’s 2022 Top 100 Firms list. LBMC jumped to 32 on Accounting Today’s prestigious list, which ranks firms each year based on revenue. LBMC reported a year over year revenue growth of 13.48% and was also named No. 3 in the Southeast. The awards follow LBMC’s recognition as a #3 National Pacesetter for Growth on the 2021 list as a result of the firm’s 25% growth.

In its annual Top 100 Firms publication, Accounting Today recognized LBMC for adding an international tax service offering and a new consulting practice around growth and innovation strategy. LBMC was also named an Accounting Today Best Firm in Technology.

LBMC was also recently named a Certified 2022 Great Place to Work for the second consecutive year, based on 91% of team members who said LBMC is a great place to work – 32 points higher than the average U.S. company.

Other recognitions for the firm include ranking No. 3 on the Nashville Business Journal’s 2022 Largest Accounting Firms in Nashville list and earning spots on the Forbes 2022 America’s Best Tax and Accounting Firms lists.

“We are honored to be recognized on Accounting Today’s esteemed lists again this year,” said Jeff Drummonds, managing partner/CEO of LBMC. “LBMC is proud of our growth as a southeast firm even as we grow nationally based on our service offerings. These rankings stand as a testament not only to our dedication to delivering outstanding and viable service solutions to our clients, but as strong validation to the professionals we hire. We continue to be focused on recruiting talent, and with our ever-expanding services and team members, we are in a great position to offer solutions that meet and exceed our clients’ needs.”

 

About LBMC Family of Companies


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LBMC’s Mission and Vision

  • LBMC’s mission is to be the top choice for colleagues and clients.
  • LBMC’s vision is to make a continuous positive impact on our clients, colleagues, and communities.

Our vision is where we’re going and our values are what get us there. Our values are more than a list of intended directions. They are what we, as a company, live and work by.

  1. TRUST – We trust, respect, and support each other
  2. ENTREPRENEURIAL – We are open to change and embrace new/different ideas to create opportunities.
  3. TEAMWORK – We act as one and embrace our individuality.
  4. BALANCE – We strive to strike a balance to make a good living and live an abundant life.
  5. COMMITMENT – We are accountable to each other, ourselves, and our clients every day to make things happen.
  6. INTEGRITY – We do the right things for the right reasons.

Learn more about our culture.

Our History


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Learn about our history from two of our founders.

Our History

1984
Company founded with the formation of the accounting services firm. Lattimore Black Morgan and Cain, PC.
1986
Family Office founded
1992
Benefit Plan Administration added
1994
Firm adds Business Valuations Services and Litigation Support
1996
LBMC adds Payroll Outsourcing, State and Local Tax services and Network Engineering.
1996
LBMC Technologies (now Technology Solutions) founded
1997
Business Applications services added
1998
Strategic Staffing (now Staffing Solutions), Investment Advisors and Employment Partners founded
2000
Firm adds IT Assurance services, Healthcare Consulting, LIFO Services and Merger and Acquisitions
2004
Risk Services founded
2005
Acquired Knoxville-based IT Solutions
2006
Merger with McWilliams & Company in Knoxville
2007
Merger with Petty & Landis (P&L) in Chattanooga
2009
Managed Security Services (now CyberMaxx) founded
2014
Physician Business Solutions founded
2015
Jeff Drummonds becomes managing partner.
2017
Acquired W Squared in Brentwood
Acquired W Squared in Brentwood
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2019
Acquired Think Data Insights in Brentwood
Acquired Think Data Insights in Brentwood
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2020
LBMC Technology Solutions Merges with InterDyn Artis
LBMC Technology Solutions Merges with InterDyn Artis
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2021
Firm adds Growth and Innovation. CyberMaxx is acquired by Periscope Equity
Firm adds Growth and Innovation. CyberMaxx is acquired by Periscope Equity
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