Charleston-based McKnight Frampton CPAs and Schleeter Monsen & Debacker Join with Elliott Davis

December 14, 2007

CHARLESTON and GREENVILLE, SC – December, 14, 2007 – Representatives with three of South Carolina’s oldest and most respected accounting firms – McKnight Frampton CPAs, LLC, Schleeter Monsen & Debacker, LLP and Elliott Davis, LLC – announced today that the three firms have combined operations. Charleston-based McKnight Frampton CPAs and Schleeter Monsen & Debacker will begin operating under the Elliott Davis name on January 1, 2008.

“We are proud to join together with two of Charleston’s most experienced and highly regarded firms so that we may provide a broader range of accounting and business advisory services to the Charleston area,” said Todd Mitchell, CPA, chairman of Elliott Davis. “All three firms share a rich heritage and are committed to serving the people and companies of South Carolina.”

Mitchell continued, “Over the past several years, Elliott Davis has developed a rapidly growing practice in the Charleston area. With the announcement that we are joining operations with McKnight Frampton CPAs and Schleeter Monsen & Debacker, we are excited about the opportunity to offer services to these clients from a local base.”

Both McKnight Frampton CPAs and Schleeter Monsen & Debacker will operate from their existing locations in downtown Charleston, with plans to combine offices for greater efficiency in the near future.

“By joining forces with Elliott Davis, we will provide a broader range of services and capabilities to our clients while still maintaining a locally-based, client-focused approach to business,” said Victor Kliossis, CPA, MTX, a partner with Schleeter, Monsen & Debacker. “All three firms have a similar approach to working with clients and we are excited about the opportunity to offer the highest level of personal client service and expertise.”

“Although we are expanding in our depth of experience and the overall number of employees by joining with Elliott Davis, our commitment to our clients – small to middle market businesses – will not change,” said Melonie H. Hammond-Trace, CPA, a partner with McKnight Frampton CPAs. “Our roots are firmly planted in Charleston and we – along with Schleeter Monsen & Debacker and Elliott Davis – are dedicated to continuing to deliver the same high quality, personalized service our clients have come to expect from us over the years.”

About Schleeter Monsen & Debacker, LLP

Schleeter Monsen & Debacker, LLP, established in 1919 in Charleston, South Carolina, has a long-standing reputation for providing quality service to the firm’s growing list of clients. The firm provides a full range of professional services, including accounting assistance, financial statement reporting, individual and corporate tax services, management advisory services and business valuation. For more information, visit

About McKnight Frampton CPAs

Founded in 1934 and one of Charleston’s oldest and most respected public accounting firms, McKnight Frampton CPAs combines the best of old traditions with a keen understanding of current technology. The firm’s focus on the needs of its clients guides all actions and decisions. McKnight Frampton CPAs offers a range of personal accounting services, including strategic income tax planning and consulting, estate planning, financial planning and statements and retirement planning. The firm also provides business services such as advisory, audit, compilation, review, tax, and write up services. For more information, visit

About Elliott Davis, LLC

Since 1925, Elliott Davis has been the accounting and business advisory firm that improves the financial management of emerging and middle market clients by offering a comprehensive array of accounting and business advisory services. Today, Elliott Davis is one of the largest accounting and business advisory firms in the Southeast, and among the top five companies awarded as “2007 Best Places to Work in South Carolina.”

Elliott Davis’ affiliates include Elliott Davis Capital Partners, LLC, a regional investment banking firm; Elliott Davis Technology Solutions, LLC, a leading full-service network integration and security provider; Elliott Davis Wealth Management Services, LLC, which helps individuals achieve personal financial goals by providing planning, investment, insurance and brokerage services; and Retirement Plan Advantage, LLC, providing a broad range of qualified retirement plan services. The firm is a member of The Leading Edge Alliance, an international professional association of independently-owned accounting and consulting firms based in the U.S., and is strategically aligned with LEA Europe and LEA Asia Pacific, a worldwide network of 280 offices in 50 countries around the globe. For more information about Elliott Davis and its services, visit