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Advisory consulting
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Business tax
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Corporate finance and transactions
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  • Contact the UK team
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  • Contact the International Team
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Professional partners
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Professional practices

Professional practices need an adviser who understands the complexity and dynamism of their often mature, highly regulated, business environments.

Strategies for talent-led businesses including law and accountancy firms, consultancies, patent attorneys, surveyors, actuaries and architects must skillfully weigh opportunity and risk against an increasingly uncertain future. Whether you are ambitious or cautious, your adviser must be focused, knowledgeable and close to the issues and markets that matter to you.

Aspiring boutiques and mid-market practices have repeatedly benefited from the expertise of our dedicated, multi-disciplinary team. We marry expertise for tackling broad strategic issues with exceptional technical execution on challenges including:

  • Aligning business planning to strategic goals
  • Structuring and restructuring for growth
  • Performance enhancement
  • Talent retention and management
  • Succession planning and retirement

 

How we can help

Industries

  • Aerospace and defence
  • Bloodstock
  • Financial services and markets
  • Fintech
  • Landed estates
  • Professional practices
  • Quoted companies
  • Real estate
  • Technology
  • Charities - wider services
  • Renewable Energy
  • Sports, media and entertainment professionals
  • British Land’s robotic automation process

Accounting and assurance:

providing accounting advice and comfort on your firm’s financial reporting

Tax compliance and advice:

preparing and submitting your firm’s and partners’ annual tax returns, along with advising on the tax impact of various transactions and structures

Regulatory:

satisfying regulatory reporting requirements

Funding:

advising on finance options, including optimal partner funding, improving lock-up and working capital management and securing external investment and disbursement funding

Performance enhancement:

advising on profitability improvements, including margin maximisation, operational efficiency, cost reduction and achieving post-acquisition integration synergies

Partnership disputes:

acting as expert witness and mediating on disputes

Employee benefits:

retaining talent by enhancing your employee benefits offering.

Partners’ finances:

a full range of financial planning and investment advice to provide enhanced financial security

Profit sharing:

advising on profit sharing strategies to drive desired behaviours.

Incorporation:

assisting with the incorporation of a partnership as a company or LLP.

Investigations into rogue partner activities:

assessment of scale of inappropriate behaviours and prevention measures

Data identification post cyber attacks:

investigation into impact of hacking activity

Administration of insolvent professional practices:

formal appointments and solutions for firms in financial distress

M&A:

assisting with mergers and acquisitions, including target due diligence, sources of funding, structuring and post-deal implementation.

Why choose Evelyn Partners?

Your firm will benefit from a co-ordinated, cross-discipline service from our specialist professional practices team. We have more than 50 partners, directors and staff, providing all-round accounting, tax, business, financial planning and investment advice tailored to your needs.

With experience of more than 100 professional practice clients across the UK, we have the expertise to help steer your management team through your firm’s unique challenges, to enable you to effect change successfully.

Our active involvement with influential trade and industry bodies such as the Association of Partnership Practitioners ensures we are closely connected to the issues and concerns of professional practices and can innovate to address them.

We seek not just to solve, but anticipate the challenges professional practices face. Our insight programme condenses these issues and shines light on solutions for clients, meeting the challenges together.

A history of success

186

years of experience

£55.8bn

of assets under management, as at Mar 2022

25

towns and cities across the UK, Ireland and the Channel Islands

Professional Practices Leaders

Professional practices are contending with an increasingly competitive marketplace for both talent and clients. Leaders must also look at the role for technology and how to create efficiency and productivity.

In our Professional Practice Leaders section, we talk to your peers about how they have handled these and other challenges and the steps they're taking to build the practices of the future.

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Contact us

Giles Murphy
Partner

Giles Murphy

Assurance and accounting

London - Gresham Street
+44 (0)20 7131 4369
Additional information

Some of our Financial Services calls are recorded for regulatory and other purposes. Find out more about how we use your personal information in our privacy notice.

Evelyn Partners
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