Teal, Becker & Chiaramonte, CPAs, P.C. (TBC), the largest CPA firm in Albany, announced today that Ryan M. Smith, CPA has been appointed to the shareholder group for the Firm.

Joining TBC in 1997 after graduating from Siena College, Smith had previously served as a partner since 2008. With his promotion there are now 11 shareholders and Smith, 41 years old, is currently the second youngest owner.

“Promoting Ryan to shareholder is a positive statement for the future of the Firm and its clients,” said managing partner James Drislane. “His hard work has contributed significantly to our continued growth. This appointment is a result of Ryan’s strong commitment to delivering quality services to the Firm’s clients for more than 18 years.”

“When I joined TBC right out of college, I never knew how lucky I was to become part of such a great organization,” Smith said. “I look forward to continuing the traditions that the Firm has developed over the last 40 plus years. I can’t wait to build on the relationships I’ve built with excellent colleagues and wonderful clients as shareholder.”

In Smith’s role as shareholder, he will continue to oversee all phases of audit engagements of commercial entities, with a specialization in the manufacturing, construction, and wholesale industries, as well as nonprofit entities, and governmental units including colleges. He is an experienced tax advisor for the Firm’s diverse commercial client base and works with individual tax and accounting clients. In his new role, Smith will lead the manufacturing group and continue to be a vital part of the Firm’s recruiting and hiring efforts. Outside of the office, he serves as the Treasurer for the Voorheesville Community and School Foundation. He is an active participant in a number of Capital Region business organizations and holds professional membership with the American Institute of Certified Public Accountants (AICPA).

TBC was founded in 1971 and serves clients in the areas of accounting, auditing, tax and advisory services. The Firm offers specialty services such as trusts and estates administration, business advisory, valuation, litigation support, fraud investigation, forensic accounting, and pension services for a diversified clientele in six primary markets: commercial businesses, governmental, employee benefit plans, labor organizations, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, automotive dealers, real estate developers, retailers, technology companies and wholesalers among other businesses.