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CBIZ, Inc. CBZ
$26.12 $0.511.99% NYSE
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Company Overview

CBIZ, Inc. is a publicly traded professional services company that provides business advisory, accounting, tax, benefits, insurance, and payroll services. The company operates primarily in the professional services and business consulting industries, serving middle-market businesses, large enterprises, and high-net-worth individuals. CBIZ’s offerings are designed to address complex financial, operational, and regulatory needs across a broad range of industries.

The company’s primary revenue drivers are accounting, tax, advisory, employee benefits, property and casualty insurance, and payroll services delivered through an integrated service model. CBIZ is positioned as a non-attest alternative to traditional public accounting firms, allowing it to offer advisory and tax services without providing audit opinions. Founded in 1987, CBIZ has grown through a combination of organic expansion and acquisitions, evolving from a regional advisory firm into a national professional services platform listed on the New York Stock Exchange under the ticker CBZ.

Business Operations

CBIZ organizes its operations into three main business segments: Financial Services, Benefits & Insurance Services, and National Practices. The Financial Services segment provides accounting, tax, financial advisory, valuation, and litigation support services. The Benefits & Insurance Services segment delivers employee benefits consulting, retirement plan advisory, property and casualty insurance, and risk management solutions. The National Practices segment includes payroll, human capital management, and technology-enabled advisory services.

The company generates revenue primarily through fees for professional services and commissions from insurance placements. CBIZ operates through wholly owned subsidiaries such as CBIZ Advisors, LLC, CBIZ Insurance Services, Inc., and CBIZ Benefits & Insurance Services, Inc., and maintains strategic alliances with independent CPA firms to deliver attest services where required. Its operations are predominantly domestic, supported by proprietary advisory methodologies and integrated service delivery platforms.

Strategic Position & Investments

CBIZ’s strategic direction emphasizes expansion of its advisory capabilities, cross-selling services across its client base, and selective acquisitions to deepen expertise and geographic reach. Growth initiatives focus on high-demand areas such as employee benefits consulting, risk advisory, tax advisory, and technology-enabled payroll and human capital solutions. The company has historically pursued tuck-in acquisitions of regional advisory and insurance firms to accelerate market penetration.

Notable investments include acquisitions of regional accounting and benefits firms that strengthen CBIZ’s presence in key metropolitan markets. While CBIZ does not operate a formal venture investment arm, it continues to invest in technology platforms that enhance service delivery, data analytics, and compliance capabilities. Emerging areas of focus include regulatory advisory services, workforce-related consulting, and integrated financial and benefits solutions for middle-market clients.

Geographic Footprint

CBIZ is headquartered in Cleveland, Ohio, and maintains offices across major metropolitan markets in the United States. Its geographic footprint spans North America, with a concentration in urban and regional business hubs that support its middle-market client strategy. The company does not maintain significant standalone international operations but serves U.S.-based clients with international exposure through advisory and tax services.

The firm’s national office network enables localized client service while leveraging centralized expertise and shared service platforms. CBIZ’s influence is primarily domestic, though its advisory services support cross-border business activities, international tax considerations, and global workforce issues for multinational clients.

Leadership & Governance

CBIZ is led by an executive team with extensive experience in professional services, accounting, insurance, and advisory operations. The company emphasizes a leadership philosophy focused on client-centric service delivery, disciplined growth, and operational integration across business lines.

Key executives include:

  • Jerry M. Grisko – President and Chief Executive Officer
  • Bradley B. BurkeChief Financial Officer
  • Joseph R. TiberiChief Operating Officer
  • Deirdre A. ZuccoChief Legal Officer and General Counsel
  • Christopher S. SpurrierChief Human Resources Officer

The leadership team is supported by an independent board of directors that oversees corporate governance, capital allocation, and long-term strategic planning.

Data complied by narrative technology. May contain errors

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