Steve Mayer, former CEO of San Francisco accounting firm Burr Pilger Mayer, has left that firm to establish a new firm, S.D. Mayer & Associates.
Last August, BPM said Mayer was stepping down as CEO to take over leadership of a new unit, BPM Ventures.
Mayer said his new firm will begin with eight professionals, including himself. Mayer says the San Francisco Chamber of Commerce and San Francisco book seller Books Inc. are among his new firm’s clients.
S.D. Mayer will initially operate out of the chamber’s offices at 235 Montgomery St. He expects S.D. Mayer to work out of those offices for about six months as the new firm assesses its space needs.
S.D. Mayer’s offerings will include technology consulting and financial planning along with traditional accounting and tax services.
Those joining Mayer at his new firm include Jim Warren, who will head S. D. Mayer’s NetSuite (NYSE: N) offering, and Rick Hillsbery, who will lead the new firm’s wealth management service.
He also anticipates the new firm will have an active M&A consulting practice, which will include advising other CPA firms. Mayer told the San Francisco Business Times last year that the accounting industry landscape would be reshaped through mergers and acquisitions. In the latest sign of that consolidation, Seattle-based Moss Adams said it’s joining forces with Bay Area accounting firm Mohler, Nixon & Williams.
In a letter to friends and supporters this month, Mayer said he’s pleased with the milestones BPM achieved since its founding in 1986. The firm has grown to almost 400 employees in seven offices, serving more than 10,000 clients and clocking in with 26 years of consecutive revenue growth.
“I am incredibly proud of my tenure at BPM,” Mayer said. “It is a bittersweet time for me having spent the last 26 years building and leading Burr Pilger Mayer, but it is time to move on to new challenges, new ideas and a new chapter in my life and career.”
Written by By Mark Calvey Senior Reporter, San Francisco Business Times
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