Meet some of the Experts Behind NPM Advisory and Our Founder.
Meet some of the Experts Behind NPM Advisory and Our Founder.
Your Trusted Financial Partners
Meet Our Founder
Phillip Nembhard is a Certified Public Accountant in New Jersey and Florida and a member of the New Jersey Society of CPAs. He earned a Bachelor of Science in accounting and an MBA with a concentration in finance. He is also a member of other professional groups, including the National Association of Tax Professionals and the American Society of Certified Tax Planners, in which he holds a tax planning certification.
As a tax and business consultant, Phillip is not limited to the states where he's licensed; he is able to provide services to businesses and business owners in any state except Hawaii. Thanks to technology and CPA mobility, Phillip and his team currently serve clients across several states.
Phillip's career and professional development, specifically in accounting and finance, spans over 24 years. He has served in various positions in organizations and public accounting firms, consistently excelling in professional knowledge, experience, leadership, and integrity. His journey has taken him from a bookkeeper to a corporate Financial Controller, managing the accounting department of a multi-state company. In public accounting, he has risen from a staff accountant to an Entrepreneur, Tax Strategist, Fractional CFO, and business consultant.
On the compliance side, Phillip has garnered expertise in corporate, business, and personal taxation. However, his true passion and focus are on business and entrepreneurial success. As a strategic tax planner, he is dedicated to helping business owners operate more tax-efficiently and eliminate unnecessary tax costs, which significantly impede business growth and personal wealth. He has helped numerous businesses and personal clients to optimize their tax obligations legally and in the most efficient way possible. He is dedicated to continuing to provide the type of client support that drives business success and family generational wealth.
Phillip M. Nembhard, CPA
Phillip M. Nembhard, CPA
Founder NPM Advisory
and Accounting, LLC
About NPM Advisory
NPM Advisory Accounting is a business and financial advisory firm. Our core business model is to provide strategic support to help businesses thrive or grow. Our ideal client business sizes range from small to mid-size established businesses with multiple six figures or more in sales. As a financial partner, we are passionate about helping businesses that are doing well in sales but are struggling with cash flow, profitability, tax burdens, resource allocations, and strategic alignment that brings them closer to their objectives. We also help growth-minded entrepreneurs in their early stages to cultivate good start-up habits to avoid costly mistakes. Ideally, we work with businesses in construction, real estate, restaurants, early childhood, and nonprofit sectors.
We are a firm that values family and generational wealth highly. Your business should only be an asset to help fuel generational wealth. Therefore, the business owner's personal/family goals, health, wealth, and legacy matter most. These inspire how we ultimately work with a client in an advisory setting. We take the approach that your personal goals must be established clearly upfront, and that will drive everything else, including how you treat your business. We are a firm believer in purpose. Thus, we operate with a purpose-driven mindset.
We exist to bridge the gap between traditional accounting services and proactive advisory services. We have seen how many small (and even mid-size businesses) are underserved by conventional accounting services. Traditional accounting services, such as tax filing, bookkeeping, financial audits, and external reporting, are mostly necessary for compliance and public protection. Still, they have minimal impact on a business's growth, personal wealth, or legacy. These types of services do not put the business owner in control because they are backward-focused. For example, you could be the most compliant business in filing taxes and checking all the boxes, but what good does that do if your capital is still being wasted in operational inefficiencies or overpaying taxes due to a lack of smart, proactive planning?
Conversely, advisory services involve forward-thinking, planning, and strategies. This puts you in control because you can foresee certain problems and plan reasonable solutions to avoid or mitigate them. The opposite is true when you don't operate with plans. Problems happen, and you only react to things that have already occurred and cannot be changed. For example, cash flow planning and strategic tax planning are two of the few non-negotiables for a business to thrive. Our comprehensive approach to financial management considers your business and personal goals, addressing critical areas of your business finances based on your specific needs.
NPM is a financial and business advisory firm dedicated to serving businesses and their owners. Our focus includes:
Increasing enterprise value.
Mitigating common risks through structured planning and compliance management.
Enhancing financial and operational efficiency.
While we service your business and personal finances separately, our ultimate goal is your peace of mind and well-being, extending to your family life. We aim to make your business a cash-flowing asset with market value, ready to be sold or passed on to your heirs. We strive to ensure your business is never a source of stress, high taxes, or a drain on your personal and retirement funds, allowing you more quality time for your family and other life missions.
How We Can Help You
Our business coaching and financial advisory services offer:
Management, stabilization, and growth of business cash flows.
Insights into the financial and operational health of your business.
Data-driven decision-making to replace gut instincts.
Our goal is to transform you into a strategic thinker and planner, ensuring your business grows and increases in market value. We help eliminate excessive taxes through proactive, year-round tax planning, recognizing tax as a major expense that requires strategic management. This approach allows your business to become a valuable asset for sale or as a cash-flowing legacy for your family. By working with us, you'll adopt the mindset of the wealthy, prioritizing strategic tax reduction and comprehensive planning in both business and personal finance.
Ready To Start Your Journey?
Book Your Free 30-minute Consultation Today!
Proudly Associated With
Our commitment to professional excellence is reinforced through continuous education, networking, and adherence to the highest ethical standards, providing our clients with the most reliable and informed accounting and tax services.
