Lattimore Black Morgan & Cain, PC (LBMC)

One name, eight companies

Founded in Nashville in 1984, Lattimore Black Morgan & Cain ranked No. 54 on Accounting Today's 2008 list of the largest U.S. accounting firms by revenue.  Its offerings include accounting and assurance, risk, tax, planning, health care services, mergers and acquisitions, valuation and litigation support.  Lattimore Black Morgan & Cain is a member of the Leading Edge Alliance, an international network of more than 100 independent CPA firms in 50 countries worldwide.

Founded as an accounting company by Jim Lattimore, Charles Black, David Morgan and Mike Cain, LBMC is now made up of eight operating companies: Lattimore Black Morgan & Cain PC, LBMC Technologies, LBMC Employment Partners, LBMC Strategic Staffing, LBMC Investment Advisors, LBMC Healthcare Group, LBMC eHealth Solutions and LBMC Planning Services. With approximately 400 employees and four offices in Tennessee, LBMC is one of the state's fastest growing professional services companies.  The firm operates its CPA practices out of offices in Knoxville, Chattanooga and Brentwood (also known as the Nashville location, since it's just a few miles away).

Grand ole accounting

Lattimore Black Morgan & Cain's clients include individuals, small businesses and Fortune 500 companies, covering a lengthy list of industries.  Some of the sectors the firm serves include health care, manufacturing, distribution, automotive, wholesale, not-for-profit organizations, industry associations, printing, retail, trucking, construction, law firms, real estate, insurance, engineering, architecture, services, utility districts and restaurants.  And as befits a firm with roots in Music City, LBMC has expertise in the music production industry.

Morgan makes the list

In September 2008, LBMC's co-founder and managing partner, David Morgan, was honored as one of the Top 100 Most Influential People in accounting on Accounting Today's annual list.  His credentials include a term as chair of the Private Companies Practice Section Executive Committee of the AICPA as well as the chair of the Reliability Task Force of the AICPA.  Morgan was also formerly the president of the Tennessee Society of Certified Public Accountants (TSCPA).  The accomplishment that vaulted him onto the list of "most influential" was the revision of CPA standards which were made while serving on the Reliability Task Force.

Tech savvy

LBMC was honored with the Internal Technology Innovation award by the Leading Edge Alliance in November 2008.  The honor recognized LBMC for its usage of the Microsoft tool SharePoint, which was adapted into a feature that could help different teams and departments throughout the LBMC family share information.  LMBC Technologies worked with the LMBC's internal technology department to come up with the infrastructure that would best solve the needs of every employee. The Internal Technology Innovation award was given out at the Leading Edge Alliance's annual conference in Boston, Mass.

Health Care Heroes

Bill Siren, an LBMC partner in the firm's healthcare consulting division, was recognized with a title that few people can claim: hero.  Siren was named one of the Nashville Business Journal's Health Care Heroes in its October 2008 list, which honors organizations and individuals embodied in the word "hero."  The list was comprised of doctors, nurses, physical therapists, employee benefit managers and community outreach workers who "contribute to the enhancement of the value and quality of health care and ultimately, give recognition to those deserving."  Siren was honored at a luncheon in September 2008 in the category of Finance champion.

Winning the wealthy

WebCPA.com named LBMC a member of the "100 million plus club" in July 2008, an honor that is reserved for firms that house wealth management businesses with more than $100 million in assets under management.  LBMC Investment Advisors (which operates primarily out of LBMC's Brentwood, Tenn., office) more than makes the list.  As of July 2008, when the survey was taken, LBMC Investment Advisors had $328 million of assets under management.  The managing partner of LBMC Investment Advisors is Gregory M. Herman.   

Training Tennessee

LBMC boosts its profile in the Tennessee area by providing educational conferences and lectures where its employees are expert speakers.  In August, LBMC Technologies hosted two conferences offering new products, add-on products and IT services to business professionals looking to improve IT capabilities.  The conferences were held in Knoxville and Franklin, Tenn., and were free and open to any member of the public who wished to attend.  In November 2008, David Haddock, the director of training and continuous education for LMBC, gave a lecture in Nashville called "Helping a Small Business Start Up."  Haddock's lecture was part of the Tennessee Accounting & Auditing Symposium held annually by the Tennessee Society of Certified Public Accountants.

Marketing maven

One of LBMC's most decorated employees became a Hall of Fame inductee in 2008.  Leisa Gill, the director of marketing at LBMC, was inducted into the Association for Accounting Marketing (AAM) Hall of Fame in June 2008 for her long-term work promoting both her own firm and the accounting industry as a whole.  Gill has been recognized for Marketing of the Year in 2004, and is very active in the accounting community, often speaking at AICPA and NorthStar Conferences.  Her work within LBMC includes mentoring co-workers, developing day-to-day marketing strategies, and designing campaigns and branding for the company.

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Lattimore Black Morgan & Cain, PC (LBMC)


5250 Virginia Way
P.O. Box 1869
Brentwood, TN 37024-1869
Phone: (615) 377-4600
www.lbmc.com/financial_services_home

STATS


  • Employer Type: Private
  • Managing Principals: David Morgan & Mike Cain
  • 2010 Employees: 370

Major Office Locations

  • Brentwood, TN

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SALARY FINDER

SALARY FINDER

Health Service Administrator

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