Morris Holmquest Tidwell — Advisors and Accountants
Welcome to Morris Holmquest Tidwell & Co.

We're here to simplify taxes and financial decisions. Our goal is simple: to help you stay compliant, save time, and plan with confidence.

Our Firm

Desktop with laptop, calculator, and tax form Derek Robinett, CPA, CFA, PFS

Morris Holmquest Tidwell & Co. was founded in 1986 by Jim Morris and Nan Holmquest after the CPA firm they worked for was acquired by a large national firm. They saw the need for a CPA practice focused on individuals and small businesses rather than large corporate conglomerates. In January 1986, they established Morris & Holmquest CPAs. In 1993, they were joined by Mary Alice Tidwell.

In 2024, after nearly four decades, Jim Morris (the last remaining partner) sold the firm to Derek Robinett, CPA, CFA®, PFS™, who now serves as managing partner.

Derek is a Certified Public Accountant with a Master's in Finance from the University of Texas at San Antonio. He began his career with the Texas Comptroller's Office, where he gained in-depth knowledge of state tax law, and later worked with CPA firms across Texas, honing his expertise in tax preparation and planning.

He also holds credentials as a Chartered Financial Analyst® and Personal Financial Specialist™, allowing him to advise clients on estate, retirement, and broader financial planning needs.

Derek Robinett, CPA, CFA®, PFS™
Managing Partner

Our Services

We work with business owners and individuals, offering compliance services (to keep you on track with the IRS and State of Texas) and advisory services (strategic planning for growth, transitions, and wealth).

For businesses

  • Tax preparation – Fast, accurate business tax filings.
  • Bookkeeping and payroll – Day-to-day support so you can focus on running your company.
  • Financial statement compilation – Clear, accurate statements prepared from your records. (Note: we do not offer audits or assurance services.) Good financial statements form the foundation of our advisory work.
  • Valuation – Understand what your business is worth for planning, succession, or estate purposes.
  • Entity selection and structuring – Choose the right legal structure (LLC, Corporation, Partnership, etc.) to fit your goals.
  • Succession and exit planning – Every business changes hands eventually. Whether you plan to sell, transfer to family, or prepare for the future, we'll guide you through the process.

For individuals

  • Tax preparation – Stress-free, accurate tax filing.
  • Gift, estate, and trust tax preparation – Specialized support for complex family situations.
  • Personal financial statements – A clear summary of your assets, liabilities, income, and expenses.
  • Retirement and estate planning – Build a lasting retirement plan while ensuring efficient wealth transfer.
  • Gift, estate, & trust planning – Organize your affairs so assets move smoothly and tax-efficiently to heirs.
  • Trust management services – Administration support through an external corporate trustee, including investment oversight, mineral management, record keeping, and beneficiary distributions.

We proudly serve individuals and businesses across the Permian Basin and throughout Texas.

Our values are simple: trust, clarity, and responsiveness in everything we do.

Basin Wealth Management & Contact

Office
3300 North A Street
Building One, Suite 108
Midland, TX 79705