COLUMBIA, S.C., U.S. (January 16, 2019) – Bauknight Pietras & Stormer, P.A., (BPS) is pleased to announce that Russell Bauknight has been elected to serve as the firm’s managing shareholder effective January 1, 2019. He succeeds Ken Bauknight, who has served as BPS’ managing shareholder since the firm was established in 1991.
During Ken Bauknight’s nearly three decades of service as managing shareholder, BPS has grown to nearly 50 CPAs and a total team of 70, making BPS the largest CPA firm in the Midlands (U.S.) and among the premier public accounting and consulting firms in the Southeast. Additionally, BPS has been recognized among the best places to work in South Carolina multiple times. Ken Bauknight will continue in his role as a BPS shareholder and client tax advisor. He began his career as an Internal Revenue Service agent in Houston, Texas, before becoming a senior tax manager with Big Eight global accounting firms Ernst & Whinney and PriceWaterhouse.
Russell Bauknight is also one of BPS’ original founders and has focused his 28 years with the firm on building the firm’s clientele. Prior to establishing BPS, he was a senior tax manager with Ernst & Young and its predecessor firms, Arthur Young and Clarkson, Harden & Gantt. Russell Bauknight is highly sought after as a trust and estate fiduciary and business advisor. Among his most recognizable clients is the estate of James Brown, the “Godfather of Soul.” He is credited with rebuilding the depleted estate through effective management of Brown’s music library so that it continues to benefit the legendary artist’s charitable and personal interests. Russell Bauknight has helped establish BPS as a national and global thought leader and policy maker among locally owned tax and assurance firms. He serves as a board member of PrimeGlobal’s World Board of Directors as well as its North American Board.
“When we started BPS, it was just Russell, Tom Pietras, Chris Stormer and myself as shareholders. I had no idea that I’d be the managing shareholder for so many years. I credit our strong leadership team that has always worked together with the common goals of growing BPS, serving as our clients’ trusted advisors and consultants and developing a strong staff of professionals with opportunities to advance. I’d like to thank the entire BPS team for entrusting me with the role of managing shareholder. It’s now time to ‘pass the baton’ and I’m confident Russell will do a great job.” Ken Bauknight
BPS ended 2018 with strategic additions to the team, including new partner Stacy Stokes. Russell Bauknight says more exciting changes are on the horizon in 2019. “I’m really excited to serve as managing shareholder and look forward to strengthening BPS’ position as a preferred business partner and trusted advisor; providing our clients with the highest level of tax, assurance and consulting services; and giving our team a great place to grow professionally as well as personally.”
Bauknight Pietras & Stormer, P.A.
Headquartered in Columbia, South Carolina since 1991, Bauknight Pietras & Stormer (BPS) is proud to represent international, national and local clients located in South Carolina’s rapidly expanding, pro-business environment. BPS serves as the preferred strategic partner of privately held businesses and wealthy individuals, providing tax, accounting & assurance, and business consulting services. In addition, we are a national leader in both the telecommunications and property & casualty insurance industries, emphasizing captive insurance.Learn more