Farrer & Co has re-hired Marianne Kafena, formerly Head of Wealth Planning at Kleinwort Benson.
Marianne joins Farrer & Co as a partner practising in the private client team as of 29 September 2014.
She qualified as a solicitor at Farrer & Co in 2000. Since then, she has held roles at Lombard Odier in Bermuda and London and then Kleinwort Benson in London. She has specific experience in international private client work, particularly around the establishment, management and structuring of trusts.
Marianne speaks fluent French and Arabic and will be focusing on European and Middle Eastern clients, cross-border estate planning and working with wealthy families based outside the UK and their non-UK trustees. During her time away from Farrers, Marianne has worked as a professional trustee in Bermuda and London and as a wealth planner in two private banks in London.
The changing and increasingly complex legal and regulatory environment over recent years has meant that Marianne often found herself helping international families and their trustees find practical solutions in short time frames, while maintaining a healthy sense of the complexities of private international law. This experience will add to the existing team’s range of skills.
Nick Dunnell, partner in the team said, “We are very pleased that Marianne has re-joined the firm. She brings with her significant practical experience gathered from a range of environments, which will have real benefits for our international private clients, particularly those in Europe and the Middle East.”
The Chicago office of Arnstein & Lehr has recruited Kristin G. Bagull as a partner in the Estate Planning & Probate Administration practice group. Prior to joining the firm, Ms. Bagull was senior counsel at a mid-size law firm, Tressler LLP.
Ms. Bagull dedicates her practice to helping clients with estate planning, asset protection, wealth transfers and taxation. She regularly works with business owners and families to formulate succession plans, advise in wealth preservation and counsel regarding income, gift and estate taxation. Additionally, Ms. Bagull assists with individual, estate and business audits at both the state and federal level.
Her experience extends to representing clients in the formation and reformation of legal entities and drafting buy-sell, employment and partnership agreements as well as complex operating agreements and phantom stock plans.
In addition to participating in multiple presentations and events, Ms. Bagull has published articles about tax and estate planning. She earned a degree of master of laws (LL.M) in tax from Northwestern University School of Law.
McDermott Will & Emery announced today that William R. Burford has rejoined the Firm as a partner in the Private Client Practice Group, resident in the Los Angeles office. Mr. Buford’s arrival marks the second to the Firm’s West Coast Private Client team this year, following the arrival of Laurelle Gutierrez in the Firm’s Silicon Valley office in January.
Mr. Burford, who served as counsel and partner with McDermott from 2006 to 2011, rejoins the Firm from J.P. Morgan Private Bank where he was a Managing Director for Wealth Advisory. In that role, he worked with clients and their advisors to identify estate and tax planning opportunities and implement comprehensive strategies to meet their personal, financial and charitable objectives.
At McDermott, Mr. Burford will focus his practice on advising clients and their families on matters related to tax and estate planning, probate and trust administration, and estate and trust controversies.
“We are delighted to welcome Bill back to McDermott,” said Carol Harrington, partner and head of McDermott’s Private Client Practice Group. “He is a seasoned and highly experienced practitioner who will be of tremendous value to our West Coast clients, which includes affluent families and highly successful high tech entrepreneurs and business owners. Bill is well acquainted with the unique and often complex needs of high net worth individuals, their families and business concerns.”
“I’m very pleased to be back at McDermott and to have the opportunity to return to the practice of law, serving the Firm’s very sophisticated clients,” said Mr. Burford. “McDermott‘s Private Client Practice Group is recognized as one of the premiere T&E practices in the nation, and I am honored to work with this outstanding team of lawyers.”
Bill’s articles have appeared in a variety of publications, including Trusts & Estates, Estate Planning, the Tax Management Estates, Gifts and Trusts Journal, the California Trusts & Estates Quarterly, the Los Angeles Lawyer, the Los Angeles Business Journal and the California Family Law News. He has been an instructor in State Bar of California CEB programs and speaks regularly to both legal and non-legal audiences on estate planning, trust administration and related topics.
Mr. Burford received his LL.M. in taxation from the New York University School of Law. While at the New York University School of Law, he served as a graduate editor of the Tax Law Review. He earned his J.D. (cum laude) from the University of Michigan Law School, and his B.A. in economics with high distinction from the University of Michigan.
McDermott Will & Emery’s Private Client Practice Group represents high net worth individuals, families and closely held businesses with an extraordinary focus on clients’ specific, unique objectives. The Firm’s team of nearly 70 lawyers and 30 non-lawyer professionals is recognized by prestigious organizations as the top private client practice in the United States and among the top practices worldwide. In 2011, U.S. News–Best Lawyers named McDermott “Law Firm of the Year” in Trusts & Estates Law. Chambers USA ranked McDermott’s Private Client Practice Group in the top tier nationwide from 2006 to 2014, and three times McDermott was the only firm ranked in the top tier.
KPMG has four new tax partners as a result of the firm’s annual round of partner promotions. The promotions tax effect as of 1 October.
KPMG has announced the appointment of 52 partners: 29 promoted from within the firm and 23 external hires, appointed over the last financial year. Combined, this takes the total number of partners in the firm to 613. KPMG has a staff (including partners) of approximately 11,500.
The newly promoted tax partners are:
Jo Bateson – London Private Client advisory team
Jo trained in tax with Mercer & Hole, an independent firm, before joining KPMG in London in 2005.
Vicki Heard – FS tax team in Manchester
Vicki graduated from Manchester University in 2001 and immediately joined KPMG. She focuses on financial services clients and leads the treasury tax and funds taxation team for the Firm’s Northern tax practice.
In 2005 she wrote a paper on ‘The Philosophy of Tax”. This paper discussed the issue of tax and ethics, and reviewed the
academic research undertaken to date in several disciplines relating to the corporate taxpayer and their role in society. The paper led to several subsequent publications.
Naz Klendjian – London infrastructure tax team
Naz initially joined KPMG in 2000 and worked with the Firm for 5 years in the Banking & Finance group. He was a Senior Tax Manager when he left to join Babcock & Brown where he worked as their in-house tax director for the Australia and Asia-Pacific regions. He returned to KPMG in 2010 within the Global Infrastructure group.
Matt Whipp – London Transfer Pricing & Value Chain team
Matt joined KPMG fairly recently (2012) having worked in tax in industry for the previous 10 years. He was initially a Group Tax Accountant at BAA Plc, then joined Diageo in 2004 where he worked for 7 years. His last role was as Head of Business Risk and Transfer Pricing.
He now focuses on both mainstream transfer pricing services and value chain optimisation projects.
Jane McCormick, head of tax and pensions at KPMG in the UK, said:
“This year’s new partner intake reflects our optimism for growth over the coming months and years ahead. I am confident that this year’s partner appointments put us in a strong position to address the business issues and opportunities our clients want to tackle most.”
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.”