Monica Sullivan Named Partner at Boulay

Boulay PLLP is proud to announce that Monica Sullivan, CPA, was recently named a partner with the firm.

Monica joined Boulay in 2024. She provides tax consulting and planning for high-net-worth individuals and privately held businesses. Monica focuses on closely held flow-through entities, trust work and individual taxation. She manages multi-state returns, projections, tax planning strategies and entity selections. For Monica, helping others is the most rewarding part of her job. Whether its witnessing clients grow their businesses or watching teammates learn and succeed, she feels encouraged by their success and personal development.

Monica holds a bachelor’s degree in business administration focusing on accounting from Iowa State University and is a Certified Public Accountant. She is actively involved in the Iowa Society of Certified Public Accountants, American Institute of Certified Public Accountants, Knoxville Community School District Board of Education, and Knoxville Education Foundation Board. Monica resides in Knoxville, Iowa.

About Boulay PLLP

Boulay works with individuals, closely held businesses and public companies to help assure their financial success. Our focus is to protect your business, build your wealth and secure your future by partnering with you and integrating our depth of experience in accounting, audit, tax, wealth management and business consulting services designed to “help you get there.”

Founded in 1934 by Joseph A. Boulay, today our team consists of more than 300 team members—including 49 partners and over 100 Certified Public Accountants. We’re headquartered in Minnesota but serve clients across the country and around the globe.

As a proudly independent and locally owned firm, we remain committed to prioritizing the well-being of our clients, team members and community. This autonomy allows us to provide objective advice and customized solutions for our clients, fostering stronger relationships built on trust and accountability. For our team members, we’ve cultivated a workplace culture rooted in collaboration, stability, integrity, and purpose—where every team member has a voice in shaping our future. Most importantly, our independence allows us to reinvest directly into local causes and charitable efforts that reflect our values, strengthening the fabric of the communities we serve.

We’ve experienced a long history of steady growth and consistently rank in the top of the Minneapolis/St. Paul Business Journal’s Book of Lists for local accounting firms. In 2025, MSPBJ recognized us as the 6th largest firm in Minnesota. Boulay has also been named a Best of the Best CPA firm by INSIDE Public Accounting (IPA) and was again listed as an IPA Top 100 Firm for 2024.

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Investment Advisory Services offered through Boulay Financial Advisors, LLC a SEC Registered Investment Advisor. Certain Third Party Money Management offered through Valmark Advisers, Inc. a SEC Registered Investment Advisor. Securities offered through Valmark Securities, Inc. Member FINRA, SIPC. Registered Representatives of Valmark Securities, Inc. are located at the Minneapolis/Eden Prairie office(s). See Valmark’s Form CRS.

Boulay PLLP and Boulay Financial Advisors, LLC are separate entities from Valmark Securities, Inc. and Valmark Advisers, Inc. FINRA | SEC | SIPC | ©2021-2024 Boulay | All rights reserved.