Asset Manager

Updated:

Cherry Bekaert

Cherry Bekaert, led by CEO Michelle Thompson, is a top-30 U.S. accounting and advisory firm serving middle-market companies from its Raleigh headquarters.

Cherry Bekaert

Cherry Bekaert is an accounting firm founded in 1947 in Raleigh, North Carolina. The company provides tax, audit, and advisory services to various sectors. Its services include accounting, assurance, tax planning, risk management, digital consulting, and strategic financing for clients such as global corporations, private businesses, government entities, and non-profit organizations.

General information

Firm type

Asset Manager

Year founded

1947

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Raleigh

Corporate office

Raleigh, NC, United States

Principals

Michelle Thompson

Chief Executive Officer

Sector focus

Enterprise SoftwareProfessional ServicesFinancial ServicesReal Estate

Frequently asked questions

What kind of clients does Cherry Bekaert typically advise?

Cherry Bekaert's client base centers on privately held, middle-market companies across industries including technology, healthcare, real estate, government contracting, and industrials. The firm also serves a significant number of nonprofits and government entities, reflecting its long-standing public-sector audit practice.

Does Cherry Bekaert invest directly in companies or funds?

Cherry Bekaert is an advisory and professional services firm, not a direct investor or fund manager. Its role in capital deployment is indirect: the firm guides clients through M&A transactions as a sell-side or buy-side advisor, provides quality-of-earnings analysis, and structures tax-efficient deal frameworks, but does not write equity checks from a proprietary balance sheet.

How is Cherry Bekaert connected to Baker Tilly International?

Cherry Bekaert is an independent U.S. member firm of Baker Tilly International, a global network of legally separate accounting and advisory firms. This affiliation provides access to international tax and audit resources for Cherry Bekaert clients operating abroad, without the firm giving up its independent partnership structure.

Who runs the firm?

Michelle Thompson is the Chief Executive Officer of Cherry Bekaert, overseeing the firm's strategy and partnership. Cherry Bekaert is organized as a partnership, with practice leaders managing dedicated service lines including audit, tax, advisory, and technology consulting.

Which sectors does Cherry Bekaert have the deepest expertise in?

Cherry Bekaert has dedicated industry practices in technology, healthcare, government contracting, real estate and construction, and private equity. The firm has built particular strength advising government contractors on DCAA compliance and cybersecurity requirements, and guiding technology companies through revenue recognition and growth-stage financial operations.

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