Brown Smith Wallace Admits Seven Partners

Seven principals at St. Louis-based Brown Smith Wallace (FY13 net revenue of $31 million) have been promoted to partner effective Jan. 1. The new partners are: Bryan Graiff, transaction advisory and litigation support; Lincoln Gray, broker-dealer and investment advisory services; Darla Hemmann, tax services; Matthew Powell, employee benefit plan audit services; Ron Present, health care advisory services; Ronald Steinkamp, public sector advisory services; and Kelly Weis, audit services.

In 2014, the seven individuals participated in the firm’s inaugural year of the Partnership Readiness Program, which is managed by the firm’s executive committee and works to prepare selected principals to become the next generation of firm partners.

“Leadership development is essential to the success of our firm,” says Harvey Wallace, MP at Brown Smith Wallace. “Just like any business, firms with effective leaders execute better, develop talent more effectively and deliver more powerful, tangible business performance.”

Participants have the opportunity to define and grow in their leadership, community involvement and business development skills, as well as understand the expectations for partnership consideration and invitation. They are required to participate in management assessment tools, which include one-on-one interviews. The participants are provided feedback to identify their core leadership strengths as well as any opportunity areas.