LBMC Announces Advisory Services Practice to Meet Client Needs in Private Equity, Healthcare, Middle Market Space

LBMC’s Mark Burnette Chosen to Lead Unified Advisory Group Created by Six of Firm’s Service Lines

LBMC, a top 40 accounting firm and the largest Tennessee-based professional services and business consulting firm, is pleased to announce the launch of its Advisory Services Group to meet the evolving needs of clients in the private equity, healthcare and middle market space.

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LBMC, a top 40 accounting firm and the largest Tennessee-based professional services and business consulting firm, is pleased to announce the launch of its Advisory Services Group to meet the evolving needs of clients in the private equity, healthcare and middle market space. (Graphic: Business Wire)

LBMC veteran Mark Burnette will lead the practice, which is comprised of the firm’s cyber risk services, transaction advisory services, litigation & valuation, healthcare consulting, data insights, and growth & innovation groups.

The unified advisory group was created in response to feedback from clients who stated that advisory services are a top priority as they evaluate growth opportunities, manage and mitigate risk, and look to capitalize on market conditions. The enhanced practice allows LBMC to seamlessly deliver the right resources to meet clients' needs and provide a deeper bench to solve complex problems with a broader approach than solely the compliance aspect. As part of the expansion, LBMC’s nationally recognized team of experts will build custom strategies and solutions that help drive business growth, master the most critical business needs, and meet evolving marketplace demands.

“We are pleased to announce the launch of our unified advisory services practice led by our own Mark Burnette,” says Jeff Drummonds, LBMC CEO. “As the leader of LBMC’s information security practice, Mark has been a core driver of the growth and success of our firm for a number of years. From his deep expertise to his extraordinary contributions to clients and close relationships with teams across LBMC, he’s the ideal leader to step into this role.”

“I am honored to take on the executive leadership role of LBMC’s new advisory services practice and am excited about the opportunities ahead,” says Mark Burnette. “I look forward to working with the leaders of our advisory service lines, all of whom are world-class experts in their respective fields. The individual teams that make up our practice have been delivering outstanding service and solutions to our clients for many years. The unified advisory practice facilitates sharing of best practices and resources, enhances collaboration, and maximizes operational efficiencies across service lines while allowing our teams to deliver and create more value for businesses.”

“What sets LBMC apart is having a perspective and sharing those insights and opportunities with C-suite leaders. We create value by helping leaders see what’s around the corner, and the advisory practice gives us the opportunity to bring the full power of the firm through a coordinated approach. Our advisory services team ensures our clients get the holistic view to help move their business forward and reach their goals. We want to be the trusted advisor our clients need, not just for compliance, but for their companies’ future growth,” says Drummonds.

About LBMC

LBMC is a Top 40 Firm in the nation serving approximately 10,000 clients with diverse needs across a spectrum of industries. Named a 2022 Forbes Best Tax and Accounting Firm, a 2021 Accounting Today Pacesetter for Growth, and a 2021 Best Workplace in Consulting & Professional Services, LBMC has more than 750 team members across the nation, with offices in Chattanooga, Nashville (Brentwood), and Knoxville, TN, and Charlotte, NC. Founded in 1984 as a traditional accounting firm, LBMC has expanded its focus to meet a broad range of advisory and business consulting needs for its diverse client base. Today, LBMC and the LBMC Family of Companies are industry leaders in financial, human resources, technology, information security, staffing and wealth advisory services for businesses and individuals. For more information, visit www.lbmc.com.

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LBMC announces advisory practice bringing the full power of the firm together through a coordinated approach ensuring clients get a holistic view to help move their business forward and reach their goals. #advisory #BestAccountingFirms