Nick Maroules

Assurance Partner


BDO Chicago Office



Executive Summary

Nick Maroules leads BDO’s Financial Services practice in Chicago. He has a strong track record providing assurance services to private equity funds, small business investment companies (SBICs), business development companies (BDCs) and other asset management firms. Nick’s clientele pursue a range of investment strategies including leveraged buyout, growth equity, venture capital, mezzanine, distressed debt, asset-based lending and other types of approaches. Nick has also worked with hedge funds, fund of funds, commodity pool operators and registered investment advisors.
In addition to providing accounting and assurance services, Nick consults with his clients on financial and regulatory compliance matters. He assists both listed and private investment funds in structuring their operating agreements, offering memorandums, and advising them on the accounting issues that affect their operations. Nick has in-depth knowledge of the SBIC program and BDC regulatory requirements. He also advises clients on global investment performance standards (GIPS).
Over the course of his career, Nick has been involved with initial and secondary public offerings, has worked extensively with various securities counsel and underwriters, and has been a frequent speaker at various private equity, BDC and SBIC conferences throughout the country.
Prior to joining BDO, Nick spent 12 years in the Financial Services group at RSM, specializing in private equity.

Professional Affiliations

American Institute of Certified Public Accountants
Association for Corporate Growth (ACG)
Illinois CPA Society (ICPAS)
National Association of Certified Valuators and Analysts (NACVA)
Small Business Investor Alliance (SBIA), Accounting and Tax Committee


B.S., Accounting, Illinois State University