Conrad A. May, CPA

The firm is structured as a licensed CPA professional corporation, not a registered family office. However, in practice, some high-net-worth families use long-standing CPA relationships to handle consolidation of financial reporting, trust accounting, and tax coordination — functions that overlap with family office services without creating a separate regulated entity. Absent public disclosures, the extent to which Conrad A. May's practice serves this role is not verifiable.

A CPA P.C. can provide tax preparation and planning, estate and gift tax compliance, bookkeeping for trusts and holding entities, bill payment, and consolidated net-worth reporting. Unlike a registered investment advisor, a CPA does not manage investments or make asset-allocation decisions for a fee without additional registration. The P.C. structure limits the practitioner's personal liability for the professional acts of the firm.

A multi-family office typically offers integrated wealth management, investment advisory, estate planning, tax, and philanthropic services under one roof, with a team of professionals. A CPA P.C. is a single-licensee vehicle for accounting services. The CPA is bound by AICPA professional standards and state board rules, while an RIA is regulated by the SEC or state securities regulators. A family relying on a CPA P.C. for family-office-adjacent work is essentially outsourcing those functions to a trusted outside advisor rather than building internal infrastructure.

No public record indicates that Conrad A. May, CPA, P.C. holds investment-advisor registration or manages discretionary portfolios. In a pure CPA practice, investment advice may be limited to tax-impact analysis of proposed transactions or coordination with external money managers. If investment advice were provided, the firm would typically be required to register as an RIA or rely on an exemption.

'P.C.' denotes a professional corporation, a business entity form authorized by state law for licensed professionals such as CPAs, attorneys, and physicians. It allows the professional to incorporate their practice, providing certain liability protections while preserving the individual's professional liability for their own acts. The entity can only be owned by licensed members of the profession in most states.