CPA2Biz Acquires Capital Professional Advisors

Posted by accountingweb on Jul 13 2001 209 printer friendly

CPA2Biz announced today that it has acquired Capital Professional Advisors, Inc., the exclusive provider of financial services to 17 top public accounting firms in the U.S.

CPA2Biz Capital, as it will now be called, works with CPA firms to provide insurance, brokerage and investment advisory services through CPA firms to over 300,000 individual and small business clients totalling over $750 million in assets.

Doug Wright, President and COO of Capital Professional Advisors, Inc. As more and more CPA firms have migrated towards providing financial services to their clients, Capital Professional Advisors has positioned itself with many high profile, well-respected CPA firms as a partner to assist with the delivery of these client services.

Capital president Doug Wright is a seven year veteran in providing financial services opportunities to the accounting profession. "We saw this opportunity to become part of CPA2Biz as the perfect way to meet the increasing demand among CPAs and their clients for a broad portfolio of financial services," said Mr. Wright.

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?

AccountingWEB