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By Peter Korpak · Reviewed against our methodology · Last updated

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Boulay Group

Mid-tier Verified Minneapolis, MN, USA

Last verified · how we verify

Type II Cost
$25K–$50K
Timeline
3–6 months
Founded
1934
Team Size
250-350+

Boulay Group is a mid-tier SOC 2 audit firm in Minneapolis, MN, USA that charges $25K–$50K for Type II audits with 3–6 month timelines. Founded in 1934, they hold 3 accreditations and specialize in ESOP-owned companies, Financial Services, Manufacturing, and 1 more. Their pricing is below average compared to the mid-tier average of $28.796K–$76.204K.

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How Much Does Boulay Group Charge for SOC 2?

Type I Cost
$15K–$30K
Type II Cost
$25K–$50K
Timeline
3–6 months
Team Size
250-350+
Report Delivery
Standard audit cycles
Response Time
Standard business hours

Type II Pricing Position

$10K $450K
Boulay Group: $25K–$50K Mid-tier avg: $28.796K–$76.204K

Note: Pricing shown is estimated based on typical engagements. Use our SOC 2 cost calculator for a personalized estimate.

96%

of Mid-tier firms charge more for Type II

98%

of Mid-tier firms have longer minimum timelines

3

certifications (tier avg: 3)

Compare Boulay Group with Similar Mid-tier Firms

Side-by-side pricing, timeline, and certification counts for the 5 closest-priced peers in the mid-tier tier.

Boulay Group Forvis Mazars RSM Ebner Stolz BDO Canada Crowe Global Mazars Germany
Type II Cost $25K–$50K $25K–$55K$25K–$55K$28K–$55K$25K–$58K$25K–$58K
Type I Cost $15K–$30K $15K–$30K$15K–$30K$18K–$32K$15K–$32K$15K–$32K
Timeline 3–6 mo 5–12 mo5–13 mo5–13 mo5–13 mo5–13 mo
Team Size 250-350+ 35000–45000600–8005000–51004000–6000200–300
Certifications 3 32333
Founded 1934 20241974191019421945

Boulay Group Industry Fit

For buyers in ESOP-owned companies and Financial Services, Boulay Group fits the mid-tier profile when timeline (3–6 months) and Type II pricing ($25K–$50K) align with what mid-tier firms typically deliver. Their 3 active accreditations — including CPA Firm (Licensed), PCAOB Registered — extend that fit beyond pure SOC 2 into adjacent compliance frameworks.

Who Should Hire Boulay Group?

Midwest companies, ESOP-owned businesses, organizations seeking established regional firm with 90+ years experience

What Makes Boulay Group Different?

Founded 1934, 300+ employees including 100+ CPAs and 45 partners, 4 locations, B Corp certified (ethical standards), offers SOC 1/2/3 plus Microsoft SSPA attestations, fixed fee pricing model

Is Boulay Group Right for You?

  • You're on a tight deadline — they can start and deliver in as few as 3 months
  • You're in financial services with regulatory audit requirements
  • You value an established firm with 92+ years of audit experience

Engage Boulay Group

Visit Boulay Group's website directly, or get an anonymous quote through us. Tell us your scope, Boulay Group replies with a price, a timeline, and why they'd be a fit. Anonymous until you pick.

What Industries Does Boulay Group Serve?

4 industries — Mid-tier average: 5

ESOP-owned companies Financial Services Manufacturing Professional Services

What Certifications Does Boulay Group Hold?

3 certifications — Mid-tier average: 3

AICPA CPA Firm (Licensed) PCAOB Registered

Audit Platform

Traditional audit approach

Boulay Group SOC 2 Audit FAQ

Boulay Group SOC 2 Type I audits typically range from $15K to $30K. Type II audits range from $25K to $50K. This is below average for mid-tier firms — the mid-tier tier average is $28.796K–$76.204K. Final pricing depends on your organization's scope, number of trust service criteria, and system complexity.

Questions to Ask Boulay Group Before Hiring

A buyer-side checklist. Bring these to your first call — the answers separate firms that have run hundreds of SOC 2 engagements from firms that are bidding on them.

  1. Your team is sized at 250-350+. How many auditors will be assigned to my engagement, and who is the engagement lead — a partner, a senior manager, or a staff auditor?
  2. You quote 3–6 months. What pushes a project to the longer end of that range, and what does "audit-ready on day one" look like to you?
  3. Your Type II range is $25K–$50K. What's included at each end, and what scope changes would push pricing above the top of that range?
  4. We've talked to similar firms in the mid-tier tier. What's a question buyers like us should be asking that they usually don't?
  5. Who reviews and signs the report on your side — is that a partner-level CPA, and how involved are they during fieldwork versus only at sign-off?
  6. How do you handle subservice carve-outs (e.g., AWS, GCP, Azure) versus inclusive subservice organizations when defining our scope?
  7. When you find an issue mid-audit, what's your remediation cadence — same-day flagging, weekly checkpoints, or an end-of-fieldwork rollup?
  8. Do you have surge windows (e.g., Q4 financial-year close) when start dates slip, and how far in advance do we need to lock the engagement to avoid them?

Get a quote from Boulay Group

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