Wallace Accounting and Advisory Services
Healthcare Professional Focused Accounting
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About

Passion. Experience. Diligence. Results.

History

Wallace Accounting and Advisory was founded in 2014 by Russell Wallace, CPA and Darren Boggs. Russell was working for one of the largest private accounting firms in the state of Texas and Darren was working as a dental industry consultant looking to start a new dental management company. While working together on a project for a dentist client, they recognized that the dental industry was becoming more complex and competitive. They knew that dentists and doctors were struggling to keep up with all the demands of their businesses, patients, and families. 

Their solution was to bring high quality, world class accounting and consulting normally only available to large companies down to the single practice and small group owner level. Their mission was to reduce the burden on dentists and doctors while helping them to increase their revenue, cut their costs, and lower their taxable income. 

They knew from the start that they wanted to help as many dentists and doctors as possible so they made their prices affordable, decided against leasing out the fancy high rise office, and leveraged technology to help keep costs down. They created a pricing structure that was simple and easy to understand. Using the cafeteria model, they created products that gave their clients the flexibility to take only what they wanted and nothing more. Their passion is for helping you. Your success is their success. 

 

Get in touch

Reach out to us today to book your complimentary consultation with an accounting professional today. Whether you need personal or business accounting, tax, consulting, or other services, we are prepared to provide you with excellent service at an affordable price. 

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The Team

 
 

Partner

Russell Wallace, CPA

Russell Wallace began his career at the largest publicly owned accounting firm in the Dallas-Ft. Worth Metroplex. He specialized in tax, accounting, consulting, and M&A. Having experience as a CFO for a dental and medical specialty group has given him a wealth of industry experience working with practices and companies of all sizes and complexities. Russell is the lead CPA for the firm and takes a personal approach to working with new clients. 

 

Education

UNITED STATES ARMY RESERVE
Biohazard Response Team, 2002-2009

UNIVERSITY OF NORTH TEXAS
BA in Accounting, 2008

CERTIFIED PUBLIC ACCOUNTANT
2009

Expertise

• Accounting and Tax
• Mergers and Acquisitions
• CFO and Controller Leasing

Industry Experience

• CFO for a dental practice management group
• CFO for a multi-specialty healthcare group
• Co-Founded a dental and medical CPA firm

 
 
 

Partner

Darren Boggs

Darren got his start working for Patterson Dental as a service manager. From there, he joined a Dallas based DSO where he worked in management and operations. Later, he formed a consulting company to teach dentists how to open their own offices. Since then, he has been instrumental in the startup of three dental management companies. Having served as a COO and Director of Expansion & Acquisitions, he has a wealth of experience and talent in all phases of the dental and healthcare industry. 

 

Expertise

• Business and Executive Consulting
• Systems and Organizational Development
• Leadership Development

Industry Experience

• COO for a dental practice management group
• Director of expansion & acquisitions for a DSO
• Co-Founded a dental and medical CPA firm

Education

UNITED STATES ARMY
Infantry, 1994-2008

 
 
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MANAGER

Mark Wallace

Mark Wallace started working for Wallace Accounting & Advisory while finishing Graduate courses for his CPA license. He specializes in tax, accounting, and  business consulting. Having real world management experience in a dental service organization provided him a wealth of industry experience working with dental and healthcare companies. Mark also has a lot of hands on management experience from outside the healthcare industry which gives him additional experience that he can tap into. Currently, Mark manages the firm’s operations and client relationships to ensure a personal approach for each customer we serve. 

Expertise

• Accounting & Tax Planning
• Revenue Cycle Management
• Small Business Consulting

Industry Experience

• Managed group of dental practices
• Extensive work in food & beverage
• Diverse background in small business

Education

UNITED STATES ARMY RESERVE
Corp of Engineers, 2009-2018

UNIVERSITY OF NORTH TEXAS
BA in Accounting & Economics, 2016