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CBM to Merge in Tax and Advisory Expertise of Chaconas & Wilson, P.C.

Top 25 DC-Area Accounting Firm Expands Service Capabilities in Tax, Advisory and Not-for-Profit

Councilor, Buchanan & Mitchell (CBM), a full-service accounting and advisory firm with offices in Bethesda, MD and Washington, DC, will merge in the tax and advisory expertise of Chaconas & Wilson, P.C., effective November 1. The expansion will create a firm of 97 team members including 12 partners.

Peter Reilly headshot Chaconas & Wilson announcement

Peter B. Reilly, CPA, CVA – CBM President and Managing Partner

“We here at CBM are excited to welcome the Chaconas & Wilson accountants and advisors,” said Peter B. Reilly, CPA, CVA, president and managing partner of CBM. “Their professionals have been recognized throughout the Washington, DC metropolitan region as a knowledgeable and accomplished group, further bolstering our professional service and not-for-profit practices.”

Since 1986, Chaconas & Wilson, P.C. has provided excellent auditing and accounting, tax, advisory and consulting services to a wide variety of clients, including not-for-profit organizations, professional service firms, individuals and businesses throughout the area. Chaconas & Wilson’s professionals have earned a reputation of distinguishing themselves through responsiveness and individualized attention to each and every client.

Managing Principal Theodore Chaconas, CPA and principals Joseph Wilson, CPA and Mollie Lambert, CPA will join CBM in leadership positions.

Ted Chaconas Chaconas & Wilson announcement

Ted Chaconas, CPA

“Our decision to join CBM was based on a shared vision and commitment to excellence, personalized client service, and passion for our work.,” said Chaconas. “This unified vision will allow us to continue offering our clients the superior personalized service that is the foundation of our practice. Joining CBM enables us to provide our clients access to a larger group of high quality, committed, experienced professionals.”

The number of professionals at CBM has more than doubled in the past five years. The Chaconas & Wilson merger follows a merger with May & Barnhard (2017), the practice of William Blumenauer (2017), Drolet & Associates (2014) and Stokes & Company (2014). In doing so, the firm has deepened its work with not-for-profit entities and professional services firms, while adding financial planning, investment advisory and collaborative divorce consulting expertise.

CBM is now in its fifth generation of leadership since it was founded in 1921.

Councilor, Buchanan & Mitchell (CBM) is a professional services firm delivering tax, accounting and business advisory expertise throughout the Mid-Atlantic region from offices in Bethesda, MD and Washington, DC.   

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