Pete was raised in Steubenville, OH. He graduated from the College of Steubenville with a Bachelor of Science Degree in Business and then went on to receive his Accounting degree from Florida Atlantic University.

Pete began his accounting career in 1973 and worked with Harris, Kerr, Forester & Co. CPAs in Fort Lauderdale, Florida before moving back to the area. His experience includes working for J.K. Lasser, Touche Ross & Co. and Deloitte, Touche Certified Public Accounting firms in Steubenville, Ohio. In 1985 Pete and Jim Padden formed the Firm Wallace, Padden & Company of which he was a partner. In July, 2011 the firm merged with D'Anniballe & Company, Inc.

Pete is a member of the Ohio Society of CPAs and is licensed to practice in Ohio and West Virginia. His areas of interest include doing Audits, Reviewed and Compiled Financial Statements, as well as having extensive experience in Tax Planning for Businesses and Individuals, and Estate Planning services and tax preparation.

Pete is a former member of the Board of Trustees of Jefferson Community College, now known as Eastern Gateway Community College and has served on the Allocation Committee of the Jefferson County United Way.