Don Murphy Honored with Accounting Today’s 2020 Managing Partner Elite Designation
In a year of extraordinary events and challenges, BMSS Advisors & CPAs’ Don Murphy was one of 10 managing partners throughout the country to be selected for Accounting Today’s 2020 Managing Partner Elite list. The MP Elite are chosen annually based upon sustainable firm growth, strategic planning, diversity and inclusion, innovation and technology, and cultivation of strong firm culture. For 2020, a managing partner’s ability to lead throughout COVID-19, an extended busy season and transitioning to a primarily remote workforce was taken into consideration.
Under Murphy’s leadership, BMSS has grown from three original founders with no clients or staff to one of the most respected and largest firms in Alabama with four locations and almost 200 employees. In addition to the CPA firm’s extraordinary growth, BMSS has continued to create value-added companies to help fulfill the multi-faceted personal and business needs of its clients.
“Our goal has been to create a one-stop shop for our clients’ personal and business needs,” said Murphy. “We launched Abacus Technologies, our managed IT solutions and cybersecurity company, in 2000. Payroll & Benefit Solutions (PBS) was established in 2005, followed by BMSS Wesson Wealth Solutions in 2016 and PBS PEO in 2017. Most recently, in an effort to serve our clients’ advisory needs, we created our Business Advisory and Consulting Services practice area which includes business restructuring and turnaround services, human resources and government contracting consulting.”
The COVID-19 pandemic has provided BMSS with a platform to further provide peace of mind to its clients, contacts and employees. Under Murphy’s leadership, the firm seamlessly moved to a primarily remote working environment, focusing on leadership and communication throughout the pandemic with regular firm communications, meetings and initiatives, and providing an ongoing series of timely webinars for clients and contacts on topics ranging from PPP loan forgiveness to helping businesses survive and thrive through COVID. “We have had to figure out how to communicate differently with our employees since we are not seeing them face-to-face. Ramping up our homeroom program has proven to be an effective way to ensure that each person feels connected and heard in what can be a very isolating time,” said Murphy.
“I strive to encourage the BMSS team and empower them to do their job while not micromanaging their performance. I also truly love all of our people and try to contribute to the BMSS “family” feel that I believe has helped us create our firm culture.”
BMSS has received the following accolades in the past few years:
– Top 3 Accounting Firm in Alabama (2019)
– 2019 Best Places to Work by Birmingham Business Journal
– 2019 Best Accounting Firms to Work for by Accounting Today
– 2020 America’s Top Recommended Tax and Accounting Firms by Forbes
– 2020 Top Regional Leader by Accounting Today
– 2020 Firm to Watch by Accounting Today
– 2020 Best Firm for Technology by Accounting Today
– 2020 Best Places to Work by Birmingham Business Journal
– 2020 Best Places to Work for Young Professionals by Birmingham Business Journal
– 2020 Best Accounting Firms to Work for by Accounting Today
– 2020 INSIDE Public Accounting Top 200 Firm
– 2020 INSIDE Public Accounting 200 Fastest-Growing Firm
BMSS Advisors & CPAs was established in Birmingham in 1991 and has grown to be one of Alabama’s Top 3 accounting firms. With an entrepreneurial and innovative mindset at our core, the firm’s ultimate mission is to provide peace of mind to our clients. BMSS specializes in several industries, including manufacturing and distribution, construction, technology, nonprofits, and professional services. In addition to tax and audit, the firm offers robust practice areas in state and local tax, estate planning, employee benefit plan audits, and business advisory services. BMSS also provides services to public companies and is an independent member of the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals. For more information, visit www.BMSS.com.