PYA Announces Retirement of Co-Founder

Doug Yoakley

Doug Yoakley

Knoxville, Tenn.-based PYA (FY13 net revenue of $30 million) announced the retirement of co-founding partner Doug Yoakley.

An integral part of the firm for more than 30 years, Yoakley has provided tax planning and compliance services to a wide variety of business organizations, individuals and industries. He is retiring from PYA to join affiliate company PYA Waltman Capital (PYAW), which specializes in wealth management, personal financial planning and estate/gift planning. Yoakley says, “This move allows me to focus on serving individual clients and their families on important planning matters.”

Yoakley partnered with firm President Ed Pershing in 1983 in the midst of an economic recession to form Pershing Yoakley & Associates in Knoxville. Then a three-employee firm, it has since grown to more than 270 employees and five affiliate companies serving in excess of 3,500 clients in 48 states.

“Doug has been an integral member of the firm, instrumental in seeing our company through expansion, acquisition and development. We will miss his insight and daily presence,” says Pershing. “The foundation he has helped build leaves us well-positioned to ensure the firm’s continued growth as the premier tax, accounting, and consulting firm in the region.”