Andersen Tax has promoted several staff to Managing Director grade in the San Francisco, Seattle, West Palm Beach, New York and Boston offices.
In the San Francisco office, Mamie Chew and Stephen deHaan were promoted to Managing Director, both part of the Private Client Services group. They will join the team of 21 Managing Directors in the San Francisco office.
In the growing Seattle office the promotions include Jan Armstrong, Scott Beauchene and Lance Vanetta, part of the Private Client Services group, Valuation Services group and State and Local Tax group, respectively.
In the Boston office, Susan Delgado joins the team of eight Managing Directors. She is part of the Private Client Services group.
Sue Delgado has over 18 years of experience advising high net worth individuals, their families and closely held businesses. Her practice focuses on tax consulting and compliance services for individuals, fiduciaries and related entities. Her experience includes developing and implementing multigenerational wealth transfer plans, addressing multistate fiduciary tax issues, determination of qualified small business stock status of securities, tax issues related to individuals working abroad as well as foreign nationals working in the United States, and gifting strategies to accomplish family objectives.
“It is always exciting to announce new promotions. Sue has been an integral part of our tax practice,” notes Office Managing Director, Joe Comeau. “Sue is a true partner and has been someone we have been able to count on to deliver quality service to our clients time and time again.”
Sue also served as a member of the Andersen Tax Individual Specialty Team. She has served as a member of the Manager Advisory Committee and Training Committee and continues to be involved in local office training and national training on topics such as hedge fund reporting, foreign tax credit calculation and tax impact of financial instruments.
The West Palm Beach office added Allison Davis and Patricia Cooper to its team of three Managing Directors in the Florida office. Both Allison and Patricia are part of the Private Client Services group.
Allison Davis has over 14 years of experience providing professional tax services. Her practice areas include tax consulting and compliance for corporations, pass though entities and tax exempt organizations as well as individuals. Allison has worked with companies in the insurance, professional services, construction, and real estate industries. She also has experience with trade associations, public charities, and private foundations.
“Allison and Patricia are assets to the clients we serve in our market,” noted Office Managing Director Randy Macpherson. “Allison has broad technical skills related to ultra-high net worth families and business entity work and Patricia is a technical resource for our fund entities and international matters – both of which are critical aspects of delivering superior quality of service to our clients.”
Trish Cooper has over 25 years of experience providing tax services. Her practice areas include income tax planning and tax return compliance for individuals, trusts, partnerships and closely-held business entities. Trish also works on tax planning and tax return compliance for our corporate and international clients and is a specialist with our hedge fund and “fund of funds” clients. She also has expertise in dealing with the unique issues associated with tax-exempt organizations.
In the New York Metro practice, John Maragoudakis and Adam Levy have been promoted. John is part of the Commercial Services practice, and Adam is in the Investment Consulting Services group.
John Maragoudakis has over 11 years of experience in delivering lead federal and state tax compliance and consulting solutions to a broad range of commercial clients in various industries including private equity, fund of funds, family offices, investment management, professional services, online media, restaurant chains, manufacturing, and agriculture. John specializes in partnership and corporate tax matters including general tax compliance, planning, corporate structuring/choice of entity consulting, federal and state audits, and state and local tax issues.
Adam Levy leads the Andersen Tax Investment Consulting Services practice in the New York office, providing independent and objective investment consulting and wealth management services to high net worth individuals, corporate executives and family business owners. He is a CFA Charterholder and Certified Financial Planner with over 12 years of experience advising clients on issues relating to investment consulting, financial planning and retirement planning.
Private capital law firm Lawrence Graham will promote five senior associates to partner on 1 May 2014. On the same day the firm will complete its merger with Wragge & Co to form Wragge Lawrence Graham & Co.
One of the lucky five is Daniel Ugur:
Daniel Ugur is a private capital lawyer specialising in international succession planning, family governance matters, and advising on the UK tax implications associated with investing in the UK and moving to or leaving the UK. He has a growing international client base, specifically across North and South Asia and he divides his time between Lawrence Graham’s offices in London and Singapore.
He has recently been advising on the succession of the family business for a number of substantial families in Asia and Europe. These matters have involved complex multi-jurisdictional structuring issues, governance matters, and international tax considerations.
Collyer Bristow LLP has announced that it has recruited experienced international private client tax specialist William Hancock from Speechly Bircham, where he has been a partner since 1999. His appointment commences on 17 March 2014.
William said “Collyer Bristow has always enjoyed a strong reputation for its international private client work and I am excited to be joining an established team at a time when the firm is looking to further expand its work in this area.”
William advises a range of wealthy individuals, trusts, private banks and family offices on the establishment and on-going administration of estate planning structures. In 2012 he was seconded to Switzerland for a period of 12 months to assist with establishing a new private client office in Zurich.
William’s work extends to multi-jurisdictional issues not only for individuals in their personal capacity but also as trustees and his work often encompasses advice to private offices, overseas banks, trust corporations, charities and not for profit organisations
Commenting on the move, John Saner, Senior Partner at Collyer Bristow said “I am delighted that William is joining the firm – he brings with him a wealth of experience that will help us to increase the breadth of services we provide to our clients in the UK and Internationally.”
David H. Kirk, former tax attorney in the Office of Chief Counsel of the Internal Revenue Service (IRS), joined Ernst & Young LLP’s Washington, DC office as an Executive Director in the Personal Financial Services practice. While at the IRS, Kirk was one of the principal authors of the net investment income tax (NIIT) regulations under Section 1411 of the Internal Revenue Code and also with respect to guidance addressing S corporation issues.
As part of the firm’s National Tax Department, Kirk will lead efforts to assist clients in addressing the new net investment income tax from both a planning and compliance perspective. In addition to his role relative to Section 1411, Kirk will serve as a key subject matter professional in the EY Global Personal Tax Planning network and work more broadly on matters related to S corporation, trust and personal taxation.
“David’s 15 years of experience and his role at the IRS on key new tax regulations will help our clients gain valuable insights into planning and reporting considerations,” said Michael Mundaca, Co-Director of National Tax for Ernst & Young LLP and Co-Director of the EY Americas Tax Center. “His knowledge and experience will be especially valuable to clients and colleagues as they understand and address the new NIIT in particular.”
In the Passthroughs and Special Industries division since 2008, Kirk served as a technical resource to regional IRS attorneys and examiners and the US Department of Justice (Tax Division) in civil and criminal tax matters.
Throughout his career, Kirk has focused on the taxation of individuals, trusts, S corporations, partnerships and financial planning for high-net-worth family groups. Prior to joining the IRS, he was a tax attorney at Arnold & Porter LLP, where he provided tax and legal structuring advice to individuals, businesses and investors.
From 1998 to 2007, he worked at Deloitte Tax LLP and assisted private clients on domestic and international income and pass-through taxation issues. In 2005, he joined Deloitte’s National Tax Private Client Advisors practice in Washington, DC.
Kirk has spoken at industry conferences and participated on panels for universities, personal finance institutes and bar associations.
Kirk earned a Bachelor of Science in Accounting from Syracuse University. He received a J.D. from University of Pittsburgh, where he was the co-founder of The Pittsburgh Tax Review. He also earned a LL.M. in Taxation from Georgetown University Law Center, and has served as an adjunct professor in the same program since 2009. Kirk is the author of forthcoming tax treatise on the Section 1411 tax expected to be published later this year.
Kirk is licensed as a Certified Financial Planner and Certified Public Accountant in the District of Columbia and New York. He is a Bar Member for District of Columbia and Pennsylvania
Shorts Chartered Accountants has announced the appointment of Rachael Dronfield as Private Client Director.
A Chartered Tax Adviser and member of STEP, Rachael has over 13 years’ experience working for a top international firm of accountants, specialising in inheritance tax and trust matters. She joins from Grant Thornton where she was a Senior Private Client Manager in their Leicester office.
“We have been privileged to attract a number of extremely high calibre recruits to the firm over the past 12 months. The momentum generated following the opening of prestigious new offices in 2012, resulted in a continued programme of recruitment throughout 2013.
“Looking ahead to the future, Rachael’s appointmentwill add further strength, as we strive to position our private client offering as the ‘quality provider of choice’ within the South Yorkshire and North Derbyshire regions.”
As the largest independent Chartered Accountancy firm in the Chesterfield area, Shorts has an established reputation as reliable and forward thinking accountants, taxation and business advisers. Our heritage and connection to the Chesterfield area is extremely important to us, having traded in Chesterfield since Samuel Edward Short founded the practice in 1890.
Over the years, the firm has expanded, opened offices on Ecclesall Road in Sheffield, and developed the Chartered Financial Planners aspect of the business. Our staff are made up of Chartered and Certified Accountants, Chartered Tax Advisers and members of the Society of Trust and Estate Practitioners.
McClure Naismith has announced the appointment of Julie Terrey as Director of Private Client Services, an expanding part of the practice that focuses on providing solutions on all the many issues relating to wealth and the law that face families and individuals.
Previously a Director with MacTaggart & Co and Kingsley Wood & Co, Julie is well known for her expert knowledge and extensive experience of common and often complex legal matters that routinely affect families and individuals. These range from wills, power of attorney and executries to trusts, inheritance tax planning, wealth management, dispute resolution and residential conveyancing.
She will be responsible for managing and promoting more widely McClure Naismith’s portfolio of specialist Private Client services and expertise.
Commenting on her appointment Julie said: “Wealth management can be a pressing problem for many families and individuals but with careful planning and management we can help protect assets and make life easier for anyone facing challenging times in their lives. We can also help families and individuals make the best of their family and business assets. I am delighted to be joining McClure Naismith, which has a very good Private Client base and a great platform from which I can expand our Private Client practice.”
John Blackwood, Partner in charge of Private Client added: “We are very pleased to have attracted Julie, who is so highly regarded in her field. I am confident Julie will be well received by our clients and enhance our Private Client offering.”
Karen Barretto joins IOMA as its new Head of Product Development with responsibility for enhancing and adding value to the firm’s existing suite of structures. Debbie Mahanta, who was voted in Private Client Practitioner’s ‘Top 35 under 35’ in 2010, joins the Group’s Business Development team with responsibilities for developing its private client network and portfolio of corporate partnerships. Both team members will be based in IOMA’s London office in Cavendish Square.
The two senior appointments come during a period of expansion for IOMA as it enters into a renewed five-year marketing and business development strategy. Already one of the Isle of Man’s most established wealth management firms, IOMA was the first composite insurance company on the Island and has grown to become one of its largest independent financial services groups.
A graduate of Law from London Guildhall University and a registered Trust & Estate Practitioner since 2004, Ms Barretto has extensive experience in the wealth management sector having spent five years with Canada Life as Head of the Trust and Estate Planning team and two years as a Trust and Tax Manager with MetLife, joining IOMA from Barclays Private Wealth where she was Head of UK Trust Sales. Ms Barretto will draw upon this experience, as well as a raft of industry qualifications, to develop new products in line with the ethos of the Group and which are relevant to, and technically and legally compliant within, the private client world.
Commenting on her appointment, Ms Barretto stated: “It is important to be aware that we operate within an environment that is subject to ever changing law and regulation. Products must remain compliant with these changes and continue to be fit for purpose. However, with change comes opportunity. I have been in the industry long enough to witness changes in legislation that have impacted the financial services industry enormously. Yet some of the most innovative and exciting new products have come about as a result, and I hope to continue in that vein. I look forward to working alongside a Group of highly talented and motivated individuals who all share this common vision and provide high quality wealth management services to the private client world.”
Mike Batey, Director of Life and Pensions at IOMA, added: “The appointments of Karen and Debbie punctuate what has been a continual growth curve for the Group. As a niche wealth management organisation, we have a proven track record of delivering innovative solutions that has resulted in our growing to become one of the largest independent financial services Groups in the industry. Key to this success is the trust and peace of mind of our clients and this can only be achieved by appointment of the brightest and most committed talents available. I would like to welcome Debbie and Karen to the IOMA team and wish them the best of luck in what is sure to be a bright future.”
Andrew Penman joined Mercer & Hole’s London office this month. His role will involve providing UK domestic and international private client tax advice to high / ultra high net worth and internationally mobile individuals and families.
Andrew was formerly Head of Private Client Tax Services at PKF but his employment switched to BDO LLP after the merger of the firms in the UK in April this year.