WeiserMazars LLP has announced that Lisa Osofsky, Partner-in-Charge, Private Client Services has been elected to the firm’s Executive Committee, effective January 1, 2015.
A founding member of WeiserMazars’ Tax Practice Board, Ms. Osofsky currently serves on several firm leadership teams including the firm’s Partner Performance Committee.
“Since joining WeiserMazars in 1987, Lisa has been an exemplary professional, focused on delivering exceptional client service. She is a champion of many firm initiatives and enhances our strategic positioning, both through her excellent work and market outreach,” said Douglas A. Phillips, WeiserMazars’ Chief Executive Officer. “As an Executive Committee member, Lisa will broaden the scope of her multi-faceted role in these critical areas at a firm-wide level and expand her already substantial contributions to our continued success.”
Ms. Osofsky has served as a Tax Partner for the past 17 years. She specializes in assisting with income taxation, estate and gift strategies, and collaborative wealth planning. As head of the Private Client Services group, Ms. Osofsky manages a unique practice offering coordinated and integrated tax, accounting, and financial planning services to the firm’s clients.
“I’m excited about the opportunity to serve WeiserMazars at a higher level,” said Ms. Osofsky. “As we continue to build our extraordinary firm, both domestically and globally, our tax services will be a principal driver of growth, and I am honored to be a key part of this expansion as well as to continue to bring our clients the resources they need.”
In addition to being a licensed CPA in New York and New Jersey, Ms. Osofsky holds the Personal Financial Specialist (PFS) designation from the American Institute of Certified Public Accountants (AICPA) and is licensed as a Certified Financial Planner (CFP). Currently affiliated with The Financial Planning Association, Ms. Osofsky is also associated with New York Philanthropic Advisors Network, New Jersey Society of Certified Public Accountants, and the American Institute of Certified Public Accountants.
Saffron Tax Partners LLP has hired Nicholas Hughes as a new partner to the firm, with effect from 1 July.
Karen Spencer-Smith, Saffron’s Managing Partner, commented : “We are committed to providing the highest calibre specialist advice to our clients to enable them to make fully informed decisions. I am delighted that Nicholas has agreed to join us”.
Nicholas qualified as a solicitor in 1984 and has advised private clients in relation to trust and estate planning matters ever since, in recent years as a non-practising solicitor. Nicholas was a Director at the Chiltern Group and more recently a Partner of BDO LLP. Nick is a member of STEP advises UK and international clients on a wide range of trust and tax issues.
Saffron Tax Partners is a boutique tax partnership, providing a proactive personal service to Private Clients. The Firm launched in 2009 and in 2011 announced the acquisition of the private client tax compliance business from Kleinwort Benson.
Although run by Karen Spencer-Smith, Saffron Tax Partners is backed by serial tax entrepreneur Ali Sarikhani. Mr Sarikhani is a qualified Chartered Accountant, having trained in practice with what is now Ernst & Young. He was made a Partner of the Tehran practice in 1976 at the age of 29 and subsequently, in 1980, set up his own practice in London. The business was acquired by UBS in 1986 and grew organically by the acquisitions of Williams Jeffery Barber Limited in 1987 and Chiltern Limited in 1997. In 1997, following a buy out from UBS, the group was re-launched as Chiltern Group plc and grew to 350 people servicing around 10,000 clients. In 2005 a divestment program was initiated which has resulted in the sale of the business via a series of disposals. Most of the senior team at Saffron come from Chiltern (via BDO).
Smith & Williamson has announced that Bristol-based Jerry Barnes has been appointed as the new Chairman of its Landed Estates team.
Jerry also leads Bristol’s Family Office team, and he specialises in assisting clients with all aspects of inherited wealth and landed estates, particularly when it comes to wealth protection and succession planning. In addition, Jerry is Chairman of the Bristol and North Somerset Game and Wildlife Conservation Trust Committee.
Jerry commented: “I am excited to be chairing the team as we continue to work for numerous sizeable estates, both rural and urban, offering clients a deep understanding of their overall long and medium term strategies, and delivering proactive advice and services.”
Joss Dalrymplye, national head of private client tax services, said: “Landed Estates work is an important focus for Smith & Williamson, and we are delighted that Jerry will carry on its good work in his position as Chairman of the team.”
Jerry has been with Smith & Williamson since 20011. He was previously a partner with Saffery Champness, where he had worked for the previous 23 years.
Lindsey Atterbury has been made a partner at Howes Percival, 12 months after joining the Firm.
Lindsey has over 20 years’ experience in private client law and is also a specialist in the administration of estates, lasting powers of attorney and Court of Protection cases, including related taxation issues. She is also a specialist in the formation and administration of trusts (including charitable trusts).
Jane Cowley, Partner and Head of Family and Private Client Group at Howes Percival commented, “Lindsey’s promotion is well deserved and I am delighted to welcome her to the partnership. She is well respected in the region and her reputation for good, practical advice, coupled with her great client manner have helped us to grow and develop our private client business.
“Family and private client work – wealth management, family inheritance and succession planning – in particular, is very much a growth area for Howes Percival. A growing number of people these days have inherited wealth or increasingly complex family arrangements, and wish to protect their assets. In addition, contentious probate is becoming more common and we are acting on a number of matters currently for disappointed beneficiaries.
“We are looking to further expand the Private Client team later this year by bringing in more talented and experienced professionals. Our offering is based on having the most respected lawyers and giving clients direct access to those key individuals to advise them on their overall situation.”
Berg Kaprow Lewis hired Geraint Jones this month into its London office. He joins as a Private Client Tax Partner.
Mr Jones joins from Reeves, where he dealt with compliance and tax planning for individuals and owner managed businesses (including partnerships), particularly matters relating to income tax, capital gains tax and inheritance tax.
His specialisms include international tax planning and integrating personal tax with wealth planning, especially inheritance tax planning.
He has also lectured widely on property tax matters, the enterprise investment scheme and is often quoted in the press.
Former Head of Tax & Estate Planning at Collyer Bristow, Rosamond McDowell, joined Payne Hicks Beach this month. Rosamond had been with Collyers for over 9 years.
Rosamond specialises in tax and estate planning. She provides tax and estate planning advice to individual private clients, families and trustees, onshore and offshore, including inheritance, probate and trust disputes. Rosamond can help to plan for families and their futures, advising on estate and capital taxes, inheritance matters, preparing and advising on wills, trusts and other financial structures. Mental capacity is critical to estate planning matters, and Rosamond advises on Lasting Powers of Attorney and Court of Protection applications. Difficulties can arise from maladministration of probates or breaches of trust, fiduciary or investment obligations, or when the laws of various jurisdictions internationally conflict. Rosamond can advise beneficiaries in these circumstances. She is experienced at defending executors and trustees who are subject to complaints from aggrieved beneficiaries.
Rosamond is a member of the Law Society Private Client Section. She is also an ordained priest.
Rosamond is recommended in the Legal 500 UK law directory which comments “McDowell is noted for her ‘legal acumen’”. Chambers & Partners UK also comments “the ‘incredibly professional’ Rosamond McDowell splits her time between contentious and non-contentious private client matters. Sources value her ‘fabulous technical knowledge and fantastic bedside manner’.” She is also listed in the Citywealth Leaders List 2012 which comments that Rosamond has “…an excellent technical understanding of trust and tax matters…able to cut through all the complexity with a considered, practical approach…I cannot think of a better advisor in England.”
Bath-based law firm Rubric has appointed experienced private client lawyer Claire Lewis as a partner.
Ms Lewis joins Rubric from a highly rated law firm where she led a private client team which is top ranked by the Legal 500.
She handles a wide range of private client matters including estate planning, tax mitigation, wealth preservation, drafting wills and lasting powers of attorney, and estate administration.
James Howell, Rubric partner, said: “Claire has superb credentials in the private client space, in particular the farming and agricultural community, and she is another excellent addition to our growing team.”
“Rubric offers a genuinely different legal service and we have seen an extremely positive response to our proposition. Our cost efficient advice provided by top quality lawyers has clearly had a real impact on our clients and we are seeing a growing demand for our services. It promises to be a busy year for the firm.”
Ms Lewis also has experience dealing with tax issues and succession planning for business owners and high net worth clients, in particular farmers.
Rubric markets itself as offering City quality advice via a streamlined business model using modern technology and outsourced support functions. It also shuns the traditional law firm pyramid hierarchy in favour of a flat structure, offering a team of experienced partners with significant expertise in their practice area.
Ms Lewis said: “Rubric’s innovative approach to delivering legal services is a very attractive proposition. We are able to offer a top-level service to private clients at costs which are considerably lower than those which they would be asked to pay elsewhere.”
Alice is an international private client lawyer, advising foreign domiciled individuals on their UK tax matters and personal estate planning. Alice also advises non-UK private banks and investment managers on how to structure bank accounts and tailor their investment offering from a UK tax perspective to attract UK resident, non-UK domiciled clients.
Alice has particular expertise in advising on tax planning and structuring in relation to UK real estate and in advising clients with links to Switzerland and the Nordic regions. She is also a co-author of one of the most widely read works on tax planning with an international element, ‘Clarke’s Offshore Tax Planning’, along with fellow partner Dominic Lawrance.