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About The Firm 
Lovoy, Summerville & Shelton, P.C. traces its
beginnings to 1972 in Birmingham, AL when Steve Lovoy and Roy
Summerville founded Lovoy, Summerville & Co.. The two principals, Steve Lovoy and Roy
Summerville, were CPAs with more than 40 years of combined
experience in the accounting profession from national and local
firms.
The firm steadily grew through the 1970's by being dedicated to
providing traditional CPA services and focusing on client
service. Adding its first computer in 1979 allowed the firm to
serve the client more efficiently and cost effectively. The
growth of the firm during the next decade necessitated the
need for adding additional staff at all experience levels.
In December 1989, Mr. Lovoy hired Lloyd
Shelton. After serving at one of the international accounting firms for a
period of time and serving in industry, Mr. Shelton decided to
re-enter public accounting and help Mr. Lovoy and Mr. Summerville
grow the practice.
Mr. Shelton's dedication to the firm provided a
rewarding opportunity. In 1994, Mr. Lovoy was contemplating
retirement from public accounting. This provided the
opportunity for Mr. Shelton to acquire the firm. Thus, in
November 1994, Mr. Shelton became the sole owner of the firm which
now bears his name - Lovoy, Summerville & Shelton, P.C.
Mr. Shelton knew he needed to surround himself
with talented, experienced professionals in order to grow the
practice. He was aware that a close friend with 14 years of
experience with an international accounting firm was looking for new challenges in
public accounting and wanted the opportunity for ownership in a
public accounting firm. He presented his business plan for the
firm to Jeff O'Neal. Within two weeks of his purchase of the
firm, Mr. Shelton offered Mr. O'Neal the perfect opportunity to
fulfill his career goals. After starting with the firm in
November 1994, Mr. O'Neal was admitted as shareholder of the firm in
July 1995.
Under the leadership of Mr. Shelton and Mr.
O'Neal, the firm doubled in size over the next ten years. The
focus of the firm had not changed since it was founded in
1972. The clients demanded its CPAs stay focused on offering
traditional accounting services and not venturing into other areas
such as investments, insurance and computer services. This philosophy
served the firm well.
With the passage of the Sarbanes-Oxley Act of
2002, the public accounting profession began to change. Larger
organizations were utilizing the services of local and regional
firms more than ever. The business culture changed which
created opportunity. The firm wanted to expand its
services. Mr. Shelton and Mr. O'Neal determined the firm
needed to add additional talent and leadership which would
compliment the existing skill sets of the firm but also add the
needed skill sets to help penetrate and serve the new market
opportunities. In September 2004, Donald Howell joined the
firm as a shareholder to address these needs. Mr. Howell had
14 years of public accounting experience with international firms and was
up to the challenge.
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Over the next two years, the firm experienced
unprecedented growth. During this high growth period, the
shareholders assessed the need for additional talent to ensure
quality client service and to meet the continued demands of our
clients. The decision was easy. The firm admitted Jamie
Steele as a shareholder in September 2006. Mr. Steele
previously served with both an international accounting firm and a regional firm
until he joined Lovoy, Summerville & Shelton as a senior manager
in November 2002.
In the summer of 2006, a tremendous opportunity
presented itself to the firm. Mr.
Howell reconnected with a former co-worker, Michelle Granberry.
Mr. Howell and Ms. Granberry had worked together in the
Birmingham
office of an international accounting firm before Ms. Granberry
relocated to the Auburn-Opelika area with a regional accounting
firm. After several
years with the regional firm, Ms. Granberry decided to venture out
on her own and formed her own accounting firm, Granberry &
Associates LLC. Ms.
Granberry's firm had experienced substantial growth and success.
In fact, she had reached a point where she needed additional
support and resources. This
led to her decision to merge with Lovoy, Summerville & Shelton,
P.C.
The combined practices each benefit from a highly
experienced management team dedicated to client service and quality.
With this merger, Lovoy, Summerville & Shelton, P.C. has
expanded its industry expertise and the firm is situated to better
serve the geographic areas of each office.
As our history indicates, our firm believes that
people are our most important asset. We hire the most
qualified people whose primary focus is client service. We are
committed to serving the needs of our clients.
Our shareholders have over 90 years of combined
experience and are poised to lead Lovoy, Summerville & Shelton
into the future. We are excited about the future of our firm
and the opportunity to assist our clients in their success.
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