BKD Wealth Advisors ranks 10th among US firms

Springfield-based BKD Wealth Advisors LLC ranked No. 10 on Accounting Today's 2020 list of the largest U.S. certified public accounting firms by assets under management.

BKD's wealth advisory division reported $3.8 billion in managed assets to place in Accounting Today’s billion-dollar club released last month.

“This recognition is an honor and speaks to the dedication of our advisers," said Steve Toomey, BKD Wealth Advisors managing partner, in a news release last week.

BKD is the only Missouri wealth advisory in the top 10 on the billion-dollar club list. No. 1 is Southfield, Michigan-based Plante Moran Financial Advisors, with $17.3 billion in assets under management, according to the report.

BKD's managed assets listed in the report are down slightly from November 2019, when the division crossed the $4 billion threshold for the first time, according to past Springfield Business Journal reporting.