Adam Shay CPA, PLLC is now Red Bike Advisors

June 12, 2023

A personal letter from Adam Shay

When I founded Adam Shay CPA, PLLC in 2009, I had a vision for building a different kind of accounting firm. While other firms were calling their clients once a year to gather tax documentation, or billing in 6-minute increments every time a client called, I wanted to create an entirely new way of working with clients like you.

In my vision, our values were aligned around transparent communications and pricing. We delivered proactive advice to help you both save and make money. And we created a collaborative approach to solving your biggest tax and finance challenges.

That approach seemed to resonate with our clients: We are now a firm of 18 professionals performing business and individual tax planning and preparation, bookkeeping and accounting services, and — for those moments in life you don’t want to have to deal with, but need a strong partner when you do — tax controversy & resolution and fraud investigation & forensic accounting services.

I want to personally thank you for putting your trust in me and my team. It means the world to us to be able to serve you.

The main purpose of this letter is to let you know about some of the exciting updates we’re making this year. I have come to realize how much I enjoy using the combination of my CPA license and MBA to advise clients as a Virtual CFO — everything from cash flow planning and forecasting to headcount planning and marketing spend. We’ve always billed ourselves as the “CPA Firm for Entrepreneurs,” but as Managing Partner of Adam Shay, CPA, I’ve spent much of my time focused on firm operations and management rather than on client services.

With that, Caroline and I have entered into an agreement to sell the firm to Red Bike Advisors, LLC, effective June 12, 2023. I have stepped out of my Managing Partner role to lead Virtual CFO services for the firm full time.

Our new CEO is Gretchen Roberts. She brings more than two decades of experience leading marketing, sales, and customer experience teams in large public companies and small businesses. As a business owner herself, Gretchen has a deep understanding of the problems, questions, and financial pain points that business owners experience on a daily basis, and how strategic financial and tax planning is the key to business growth and success.

What’s changing:

What won’t change:

We are grateful for your loyalty and partnership, and look forward to introducing you to Gretchen and our new catalog of virtual CFO services.

Best regards,
Adam Shay, CPA, MBA