On March 31, 2024, BBD LLP (BBD), a public accounting, tax and advisory firm dedicated to serving nonprofit and government organizations headquartered in Philadelphia, PA, will join its practice with WithumSmith+Brown, PC (Withum), a nationally recognized CPA and advisory firm with 23 offices, and annual revenue of $540M, ranking in the top 25 firms in the country. BBD’s five partners and 40 team members will be added to the Withum roster, remaining at their current Philadelphia office location at 1835 Market Street, Suite 300. Withum’s current Philadelphia office is located conveniently in the same building, residing in Suite 1710.

BBD is pleased to announce and celebrate the promotion of an exceptional group of professionals.

BBD is thrilled to announce that the firm has been recognized by the Philadelphia Business Journal as a Best Place to Work for a remarkable seventh consecutive year. 

A Message From BBD's Not-For-Profit Group Managing Partner, Adam Watson:

BBD is well known for our Not-For-Profit and Government Group’s unique dedication to the accounting, audit and tax needs of our more than 500 clients.  BBD has a separate practice area dedicated to the service of the investment management industry.  We have announced today that this practice area, BBD’s Investment Management Group, is being acquired by Cohen & Company. 

While we are pleased for our friends in the firm’s Investment Management Group and excited for their next chapter,  it’s very important to note that this acquisition will not impact any of our not-for-profit or government clients.  No partners or staff who serve not-for-profit or government clients are involved in this transaction.  Please be assured that the team that serves your organization today will not change as a result of this acquisition.

A Message From BBD's Investment Management Group Managing Partner, Jim Kaiser:

We are pleased to announce the exciting news that our firm’s Investment Management Group will be acquired by Cohen & Company (Cohen). 

Many of our clients and industry friends are familiar with the team at Cohen.  Like many of you, we’ve respected and followed the firm closely for two decades.  We’ve competed heartily against one another and in some cases along the way have served common clients as well.  We’ve also always known that we share an unwavering focus on relationships and quality.

And so, after months of discussions and thoughtful consideration, we find the opportunity to join forces with a firm that shares so many of our values, goals and vision for the future to be compelling.

An important part of life at BBD is paying forward our own good fortune and acting on our responsibility to those with need in our communities. In the spirit of community, our firm sponsors hands-on service opportunities each month. Each project provides positive impact for those in need as well as an opportunity for collaboration and teambuilding. We truly value our opportunities to give back and support our communities in meaningful acts of service. We are thankful for the continuous opportunities to serve our communities. As we prepare for a new year, we are reflecting on another meaningful year of service.

BBD's Investment Management Group was proud to sponsor and attend the seventh annual Philadelphia Fund Alliance Gala, which was held Thursday, November 3 at the Kimmel Cultural Campus and benefited local nonprofit Commonwealth Youthchoirs.

BBD's Not-For-Profit and Government Group is pleased to announce the promotion of Melissa Dunn to partner.

BBD is pleased to announce the promotion of Erin McClafferty, the firm’s practice development director, to partner.

BBD is thrilled to announce that the firm has been recognized by the Philadelphia Business Journal as a Best Place to Work for a remarkable sixth consecutive year.