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Jim Wallace Discusses California’s Business Exodus

BPM CEO Quoted in the Silicon Valley Business Journal 02.01.21

After hundreds of businesses, and at least a dozen major companies, moved out of California in the past few years, many more are now considering leaving the Golden State for a wide variety of reasons – high taxes being near the top of the list.  

BPM CEO Jim Wallace is quoted in a recent Silicon Valley Business Journal article, which also ran in the San Francisco Business Times, about how regulations aimed at big businesses also affect small and midsized companies operating in California.  

“We’re the forgotten class. We make these laws directed toward the huge companies but they affect everybody,” he said. 

Read the entire article in the Silicon Valley Business Journal or the San Francisco Business Times.  

About Jim Wallace 

With over 35 years of public accounting experience, Jim is BPM’s Chief Executive Officer and serves on the Firm’s Board of Directors and Management Committee. 

As CEO of BPM, Jim focuses his attention on leading strategic initiatives that raise the Firm’s national prominence through its expansion into new markets, concentration on specialty services and business combinations in key markets. Through his leadership and commitment to “Because People Matter,” the Firm continues to be recognized as a Best Place to Work and serve clients.   

He serves on the Board of Directors of the Bay Area Council, Allinial Global Americas Region Board of Directors, Golden Gate University Board of Trustees and the Ageno School of Business Advisory Board. In addition, Jim will join the AICPA Council in 2021. 

Learn more about Jim Wallace.