hdr services

We don’t think of ourselves as an accounting firm that focuses only on the numbers. Helping businesses and individuals determine solutions to grow and succeed is what we really enjoy doing. As a result, we provide a broad range of services and have developed a deep level of expertise in a variety of industries. We are equipped to provide your business with the information, insight, and guidance required to achieve your business goals.

Services Provided

Retirement Plan Administration

Byrd, Smalley & Adams, P.C. can provide retirement plan design and administration services for clients with plans ranging from 1 to 100’s of employees. We can work with any investment advisor the employer prefers. Our independence ensures that our recommendations come with your best interests in mind. We can assist with determining eligibility, vested benefits for each employee, and unique compliance requirements. Regardless of the type of plan (401k, cash balance & defined benefit, cafeteria, profit sharing, or money purchase pension), we have the experience and expertise to successfully handle any of your plan needs.

Management Consulting

We can support management by helping develop business strategies, help management with decision making, including discussion and evaluation of decision alternatives and preparation of applicable pro-forma analysis and projections to help management determine the most appropriate course of action.

Business Start-up Consulting

Starting a business is a momentous decision. We will be there with you every step of the way to help you with establishing accounting systems and internal controls, registration with applicable taxing authorities, establishing payroll processes, and obtaining business licenses.

Evaluation of Financial Performance

We can review current or historical financial results to create benchmarks for management to measure against performance to help identify areas needing improvement.

Business Valuations

Business valuation is a complex process that requires proven expertise. Our firm offers qualified business valuation services to business owners, attorneys, financial planners, insurance companies, and business brokers.

Our team provides business valuation services to meet the growing demand, especially from owners of family businesses, for advice on estate and gift tax issues, succession planning, divorce settlements, and issues surrounding selling a business or buying a new one.

Family Office

We employ a disciplined and structured approach to work closely with families to manage their personal affairs and ease the burden of their administrative responsibilities. We offer a broad range of services, which are coordinated with key family and business team members. We apply our proven expertise and attention to detail in the following areas:

  • Banking needs
  • Bill paying, financial records, and cash management
  • Household payroll and reporting
  • Coordinating income tax and other compliance filings
  • Preparation of budgets and cash flow management
  • Reconciliation of bank and investment accounts
  • Coordinating information flow with ongoing service providers
  • Tracking and analysis of family assets
  • Document and record management


237 Johnston Street SE | PO Box 2179 (35602) | Decatur, AL 35601 | 256-353-1611