The fact that we’re now able to support our clients globally – bringing together a team of experts from the world’s leading financial centres – in a more direct manner, adds another important dimension in a world where family offices, funds and endowments are more global than ever before.
NEW YORK (PRWEB) May 23, 2018
PKF O’Connor Davies, LLP, the nation's 29th largest accounting and advisory firm, announced today the award-winning PKF Funds and Family Office service has now extended its presence to London, Edinburgh and Dublin. The Group, which was launched in New York in 2011, already maintains offices in the United States, Geneva, Amsterdam and Luxembourg. The expansion gives PKF’s Family Office and Investment Fund clients greater access to expertise across some of the world’s leading financial centers.
The business has appointed Paul Pratt, formerly with Trusted Family, to help launch the offer in the UK and Ireland. Paul brings more than 15 years’ experience working with families and single family offices dealing with governance, administration and reporting and more.
PKF Funds and Family Office serves ultra-high net worth families, family offices and private funds including private equity, venture capital, hedge, infrastructure and real estate. They offer a wide range of integrated services to clients including family office services, investment fund administration, accounting and custom reporting, bill payment and lifestyle support, audit and tax planning and compliance. In addition, they offer a broad range of advisory services including wealth transfer, succession and philanthropic planning together with best practices reviews, transaction advisory, valuation, due diligence, forensic and litigation services.
In the United States, PKF O’Connor Davies Family Office serves over 50 ultra-high net worth families and recently won “Best Multi-Family Office – Client Service – over $2 billion” from Private Asset Management [PAM]; and “Best Tax Advice” from Family Wealth Report [FWR]. The group currently provides full family office and investment administration services to various families and funds, with combined assets of over $30 billion.
The expansion into the UK is being driven by PKF O’Connor Davies, LLP, which is based in New York. Partners Marc Rinaldi and Gemma Leddy launched the Funds and Family Office service in New York, together with London-based PKF Littlejohn, PKF O’Connor Leddy & Holmes in Dublin and Johnston Carmichael, which has offices across Scotland.
Marc Rinaldi, who leads the PKF O’Connor Davies Financial Services and Fund Administration practice said, “PKF Funds and Family Office has established a strong reputation in the US and we believe now is the right time to expand the service to other leading global financial centres.”
Gemma Leddy, who leads the PKF O’Connor Davies Family Office Practice said, “Our success is driven by our exceptional client service teams who continuously strive to bring timely, strategic and customized solutions that meet our clients’ diverse needs and challenges. We will leverage our experience from our client base in New York and other US markets and apply the same principles for funds and family offices in London, Edinburgh and Dublin.”
Carmine Papa, Managing Partner of PKF Littlejohn and Chris Riley, a director of PKF Funds and Family Office, said, “We felt our clients here in the UK and Ireland should benefit from the same market-leading support that PKF Funds and Family Office already provides in the US. Expanding the offering into London, Edinburgh and Dublin was an obvious next step.
“The fact that we’re now able to support our clients globally – bringing together a team of experts from the world’s leading financial centres – in a more direct manner, adds another important dimension in a world where family offices, funds and endowments are more global than ever before.”
About PKF O’Connor Davies, LLP
PKF O’Connor Davies, LLP is a full service certified public accounting and advisory firm with a long history of serving clients both domestically and internationally. With roots tracing to 1891, nine offices in New York, New Jersey, Connecticut and Maryland, and more than 700 professionals, led by over 100 partners, the Firm provides a complete range of accounting, auditing, tax and management advisory services.
PKF O’Connor Davies is ranked number 29 in Accounting Today’s 2018 “Top 100 Firms” list and the Firm is also recognized as a “Leader in Audit and Accounting,” a “Pacesetter in Growth” and one of the “Top Firms in the Mid-Atlantic.” PKF O’Connor Davies is ranked number 28 in INSIDE Public Accounting’s 2017 “Top 100 Firms” list and recognized as one of the “Top Ten Fastest-Growing Firms." In 2018, PKF O'Connor Davies was named one of Vault's Accounting 50, a ranking of the 50 best accounting employers to work for in North America, and ranked among the top 50 most prestigious accounting firms in America in a complementary Vault survey. The Firm is the 11th largest accounting firm in the New York Metropolitan area, according to Crain’s New York Business, and the 11th top accounting firm in New Jersey according to NJBiz’s 2017 rankings.
By consistently delivering proactive, thorough and efficient service, PKF O'Connor Davies has built long-lasting, valuable relationships with its clients. Partners are intimately involved in the day-to-day management of engagements, ensuring a high degree of client service and cost effectiveness. The Firm’s seasoned professional staff members employ a team approach to all engagements to provide clients with the utmost quality and timely services aimed at helping them succeed. Continuity of staffing and attention to detail in all client engagements make the Firm stand out among its competitors.
PKF O’Connor Davies is the lead North American representative of the international association of PKF member firms. PKF International is a network of legally independent member firms providing accounting and business advisory services in over 400 locations in 150 countries around the world. With its tradition, experience and focus on the future, PKF O’Connor Davies is ready to help clients meet today’s ever-changing economic conditions and manage the growing complexities of the regulatory environment. For more information, visit http://www.PKFOD.com.