David Rhodes Cannon, CPA

A CPA-structured family office integrates tax preparation, accounting, and investment management under one professional license. This allows the principal to evaluate every investment through a tax-lens before execution, and it centralizes compliance, bill-paying, and estate record-keeping. The trade-off is that the office typically cannot solicit external clients without triggering additional regulatory registration, reinforcing its single-family posture.

The firm is organized as a single-member LLC with a CPA license held by its principal, which strongly suggests a single-family mandate. A multi-family office typically registers as an RIA or forms a broader partnership structure. There is no evidence of SEC or state RIA registration, implying the firm serves one family and does not solicit outside capital.

Tax efficiency drives allocation. CPA-led offices commonly emphasize municipal bonds, direct real estate with depreciation benefits, private credit structures that defer income recognition, and qualified small business stock. They may also use donor-advised funds or private foundations for philanthropic tax planning. The absence of a public track record means specific holdings cannot be confirmed.

Without a public-facing investment team, this office likely sources through private banking relationships, legal and accounting networks, and direct introductions from peer family offices in New York. The CPA designation itself can be a sourcing channel — accountants routinely see deal flow from clients, business managers, and tax attorneys who need placement for off-market transactions.

A single-family office is exempt from SEC registration under the Dodd-Frank family office rule if it serves one family and does not hold itself out to the public as an investment adviser. The single-member LLC structure and lack of public marketing suggest this firm operates under that exemption. It does, however, remain subject to New York State Board of Public Accountancy rules for its CPA practice.