(301) 986-0600
Submit RFP Bill Pay

Peter B. Reilly, CPA, CVA

Senior Advisor

"CBM is always building for the future and to do that, we must invest in all of our staff."

Peter B. Reilly, CPA, CVA is senior advisor, and a former chairman of the board of directors president and managing partner of Councilor, Buchanan & Mitchell (CBM). He was also a director of the construction and real estate group. Currently, Pete’s focus is on mergers and acquisitions, business transactions and succession planning. He has 35 years of audit and tax experience in planning and supervising engagements in the construction/real estate, automotive and not-for-profit industries.

Pete performs business valuation services for a variety of clients including automotive groups, real estate LLCs, general contractors and subcontractors, government contractors, manufacturers, parking facility operators, trade shows. medical practices, restaurants and fitness facilities. He represents the firm in litigation matters, providing expertise on forensic accounting, shareholder disputes, executive improprieties, journal entry cover-ups, wrongful death calculations, and accounting standards interpretations.

Pete has extensive experience with family owned and operated businesses, and co-authored the book “Minding Your Family Owned & Managed Business”. His knowledge of accounting and tax matters has led to numerous speaking engagements, including with the Associated Builders and Contractors of Metro Washington, The Washington Building Congress, the Mid-Atlantic Surety Association, the Alexandria Chamber of Commerce, and the American Subcontractors Association of Metro Washington. Pete has also conducted seminars on auditing and accounting at the Greater Washington Society of Certified Public Accountants and the Maryland Association of CPAs.

Pete has presented for a number of industry groups on the impact of mergers and acquisitions on CBM’s growth including at the 2019 AICPA ENGAGE Conference, the 2019 Rainmaker Companies SuperConference, the National Alliance of Auto Dealer Advisors’ Fall 2019 conference and for Upstream Academy’s Growing Strategically learning presentation. He addressed diversity and inclusion at CBM during a presentation to the Greater Washington Society of CPAs’ Nonprofit Committee in Spring 2020.

Pete was interviewed about CBM’s move toward greater diversity for 2019 MOVE Forward, the annually recognized diversity and inclusion report for CPA and advisory firms. He has served on the faculty of Northern Virginia Community College as an instructor in accounting, and has been featured in the Wall Street Journal annual special report on financial planning and as an interviewee for Executive Leaders Radio, a nationally syndicated business program, and 1st Floor Conversations, an ADP podcast program.  Another podcast interview of Pete by Haydenrock Solutions appeared in the book of accounting thought leaders, “Changing the Face of Accounting: Forward-thinking Conversations About Reinventing the CPA Field”. Pete’s story, “Seven Firms in Five Years”, recounting the firm’s history of mergers over the past few years, was featured in the Virginia Society of CPAs’ membership publication, Disclosures. He was also featured in a VSCPA Member Spotlight.

Professional Qualifications and Education

  • Certified Public Accountant (MD, VA), American Institute of CPAs
  • Certified Valuation Analyst, National Association of Certified Valuation Analysts
  • B.S. Business Administration, Marquette University
  • International Economics Program, University of Loyola, Roma, Italy

Professional Associations and Activities

  • American Institute of Certified Public Accountants, Member
  • Greater Washington Society of CPAs, Committee Chair, 1st Real Estate and Construction Conference

Civic and Business Associations

  • Bishop Ireton High School – Chairman of the Board of Governors
  • Bank of Georgetown – Advisory Board, Past
  • Burke and Herbert Bank – Advisory Board, Past
  • Belle Haven Country Club, Capital Funds – Chairman, Past President
  • Alexandria Chamber of Commerce – Member
  • Country Club Swimming & Diving Association – Past President
  • District of Columbia Jaycees – Treasurer
  • Alexandria Center of Employment – Treasurer
  • Saint Mary’s Home and School – Treasurer

Awards & Recognition

  • “2015 Outstanding Member in Public Practice” – Greater Washington Society of Certified Public Accountants (GWSCPA)
  • Received Managing Partner of the Year award from Rainmaker Companies in 2019


  • Seven Firms in Five Years: I Have a Feeling We’re Not in Kansas Anymore (at 2019 AICPA ENGAGE, the 2019 Rainmaker Companies SuperConference, the National Alliance of Auto Dealer Advisors’ Fall 2019 Meeting)
  • Beware the Taxman: Doing Business in the United States (at the 2019 Hermes Expo)

Articles, Interviews & Whitepapers

Point of View

  • On Today’s Environment for Clients… “It is constantly changing, challenging, and competitive! Our auto clients are faced with pricing challenges, changing franchise and tax laws, Internet purchasing and consolidation, to name a few. Our Not-for-Profit clients are searching for additional revenue sources; whether it is from member services or contributions, IRS scrutiny, program relevance, accountability and board governance issues. Contractors continue to fight margin issues and cash flow. Retirement and succession planning remain important discussions with our high net worth clients. It is always rewarding when we can help our clients face these challenges.”


  • Book influence…”‘Are You My Mother’ by Dr. Seuss. Reading this book with our daughter allowed us to diagnose her dyslexia at an early age.”


  • My perfect day… “starts with sunrise fishing at Cape Point, NC, followed by Crissy (my wife) and I taking Dublin (our dog) for a walk and swim, then everybody surfing, skimboarding, playing football, body surfing, grilling fresh clams and hot dogs, and falling asleep to the sound of the pounding surf.”

Speaking Engagements:

  • August 21, 2020 – What To Think About When Your Firm is Growing (2 of 2) – for the Upstream Academy
  • August 10, 2020 – What To Think About When Your Firm is Growing (1 of 2) – for the Upstream Academy
  • April 30, 2020 – Nonprofit Section Meeting: Building a Community of Inclusion (Diversity and Integration) – GWSCPA
  • October 28, 2019 – Seven Firms in Five Years: I Have a Feeling We’re Not in Kansas Anymore (for the National Alliance of Auto Dealer Advisors)
  • September 22, 2019 – Seven Firms in Five Years: I Have a Feeling We’re Not in Kansas Anymore (for the MFR Group)
  • June 19, 2019 – Seven Firms in Five Years: I Have a Feeling We’re Not in Kansas Anymore (for Rainmaker Companies SuperConference)
  • June 12, 2019 – Seven Firms in Five Years: I Have a Feeling We’re Not in Kansas Anymore (for AICPA ENGAGE)
  • December 14, 2017 – Conference Presentation (for the Greater Washington Society of CPAs’ 1st Annual Construction and Real Estate Conference)

Lightning Round

  • Where is your favorite place to spend free time? In my free time, you are most likely to find me at a swimming pool.
  • What do you want people to remember? I want people to remember and emulate those who truly inspire them.
  • Where is your favorite place to travel? I’ve been fortunate enough to have traveled to many faraway places, both for business and with family. Embracing the world is reflected in our multi-cultural work environment. My favorite destination for my family is Rome, Italy. For pleasure, it is fly fishing the Seychelles’ Islands. For work, it would be helping to remove land mines in Cambodia or Sri Lanka.
  • What are four to five words you think describe you? The five words that describe me are: passionate, compassionate, fair, respectful, and fun.

Seen and Heard










Pete Reilly serves as a panelist on “Business Succession Planning: Leaving a Legacy” at the 2014 Enterprise Worldwide SuperConference