Mike  Cain, CPA/PFS, President - LBMC Financial Services, LLC

Mike Cain, CPA/PFS President - LBMC Financial Services, LLC

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Contact

Phone: 615-309-2218
Fax: 615-309-2518
mcain@lbmc.com

Location

Nashville

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R. Michael (Mike) Cain is President of LBMC Financial Services, LLC, where he provides strategic oversight of LBMC’s non-traditional portfolio companies.

Since helping found LBMC in 1984, Mike has overseen over three decades of growth and success for both the company and its clients. What began as one office in one city with 12 people and a promising idea, today stands at three offices in Nashville, Chattanooga, and Knoxville, and over 525 talented team members, with nine operating companies capable of servicing the diverse needs of thousands of clients across the United States.

Outside the core CPA firm, LBMC has eight other operating companies that are providing a variety of professional services for clients. They are critical to the future of LBMC, as it allows the firm to offer a holistic suite of services to address a wide variety of needs for clients. Mike’s new role allows him to focus on growth and strategy while also serving as a mentor to the leadership of those companies, which include:

  • LBMC Technology Solutions, LLC
  • LBMC Employment Partners, LLC
  • LBMC Staffing Solutions, LLC
  • LBMC Investment Advisors, LLC
  • LBMC Information Security, LLC
  • LBMC Business Process Solutions, LLC
  • LBMC Physician Business Solutions, LLC
  • LBMC Info Sec Apps, LLC

Certifications

  • Certified Public Accountant (CPA)
  • Personal Financial Specialist (PFS)
  • Certified Global Management Accountant (CGMA)
  • Certificate of Educational Achievement in Business Valuation

Experience

Mr. Cain has diversified experience with a range of industries including:

  • Healthcare
  • Manufacturing
  • Technology
  • Services
  • Private Equity
  • Distribution
  • Real Estate
  • Family Owned Businesses

He frequently consults on transactions and other business matters with businesses and their owners, and has served as a consultant and expert witness for legal counsel with regard to financial issues.  He has also been actively involved in providing investment advisory services to high wealth individuals.  His previous experience includes practicing with the Nashville office KPMG, LLP.

Community Involvement

Mr. Cain is active in many professional and civic organizations, including:

  • Tennessee Society of Certified Public Accountants (TSCPA)
    • Serves as a past Chairman and on the Statewide Governing Council of the TSCPA
    • Previously served on and chaired numerous other TSCPA committees
  • American Institute of Certified Public Accountants (AICPA)
    • Previously served on the National Governing Council of the AICPA
    • Previously served on the AICPA Group of 100
  • Leading Edge Alliance, an association of approximately 215 major regional CPA firms in 460 offices across the US and in over 100 countries worldwide
    •  Serves as Chairman Emeritus and has served on the Board of Directors since helping to form the association
  • Community
    • Previously served on the Board of the Nashville Entrepreneur Center
    • Previously served on the Board of the Nashville Capital Network
    • Member of the Partnership 2020 Leadership Council
  • Murray State University
    • Previously served on Board of Advisors to School of Business
    • Former recipient of Beta Alpha Psi Outstanding Alumni Award
  • Other
    • Has served as an instructor for continuing professional education courses sponsored by the TSCPA, Leading Edge Alliance, LBMC and other groups
    • Involved in various Boards of Directors other civic and community activities

Outside the Office

A native of Cunningham, Kentucky, Mike has been married for over 40 years to his wife, Jane Ann. They have two adult sons (Ryan and Wes), two grandchildren and reside in Brentwood, Tennessee.

Mike enjoys travel, movies, food and, on some days, golf.

Education

  • Murray State University, Bachelors of Science in Accounting; Magna cum laude, 1975