BDO adds new partners to Financial Services and Forensic practices

20 September 2017 Consultancy.uk

BDO has added new partners to its Financial Services and Forensic services arms. Richard Barnwell arrives from KPMG, while fellow KPMG alumnus Steven Law joins by way of Berkeley Research Group, completing a number of senior appointments over the summer of 2017, as the firm seeks to revitalise its financial and forensic services offerings.

Richard Barnwell has been appointed as a financial services partner in the London office of BDO, one of the ten largest firms in the consulting industry. A former director at KPMG, he has left his role with immediate effect to begin work at BDO, having also previously held positions at fellow Big Four firm EY. Barnwell specialises in advising clients on regulatory and compliance matters across the financial sector, having also built up specific experience in designing and implementing regulatory compliant governance frameworks, skilled person reviews, undertaking remediation reviews, and assisting clients to adapt to new regulatory legislation.

BDO partners

Paul Eagland, managing partner at BDO, said of the new hire, “The financial services sector is evolving and adapting as a result of intense competition, economic uncertainty and increasing customer expectations. Richard’s appointment reinforces our commitment to ensuring our clients receive the best advice to manage these demands. His wealth of experience will make a valuable addition to our already strong financial services team and our growing focus on the wealth and asset management sectors.”

In order to strengthen its London forensic services team, meanwhile, BDO have also hired forensic expert Steven Law as a partner. Law, who joins the firm from Berkeley Research Group, also previously held positions across the UK, US and Canada, at multiple Big Four firms, holding roles at KPMG and Deloitte along with US headquartered consulting firm AlixPartners. BDO will hope to bring his wealth of experience advising clients on disputes and regulatory matters to the London practice, while utilising his specific experience in damages in competition and anti-trust matters, quantification of losses, contentious private business valuations and post-acquisition disputes.

Commenting on the further appointment, Paul Eagland said, “Legal disputes and financial investigations are now commonplace in the business world. Having experts with significant experience in dealing with complex cases gives our clients complete peace of mind at what can be a very challenging time. We have one of the most impressive forensic and dispute advisory practices in the UK. The team has considerable experience in advising on complex disputes and litigious matters across multiple jurisdictions. Steven’s appointment reinforces our commitment to attracting and retaining the best talent in this area.”

Both appointments not only make use of extensive senior experience of the new BDO colleagues, they also play into a trend within the consulting sector for prioritising specialization. According to a recent study, high-growth consulting firms made the best use of specialisation in order to boost their economic performance, and to meet the needs of clients more consistently.

In addition, the firm also made several promotions within its tax teamand promoted capital markets specialist Peter Smith to partner. Globally, Robert Aziz, who with BDO since 2002 and set up BDO UK’s corporate international team in 2006, has become BDO’s global head of tax, leading a team of over 10,000 tax specialists across 162 countries. Stephanie Wilson, who joined the firm in 2015, and specialises in managing employment costs and mitigating employment tax risk, has meanwhile been promoted to national head of employment tax, leading a team of 50 specialists. Teresa Payne, previously head of employment tax, has been promoted to head of people for BDO UK.

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Rapid growth sees Quantum Advisory promote trio of partners

18 April 2019 Consultancy.uk

Three senior level consultants have been boosted to the rank of Partner at Quantum Advisory, as the firm works to meet heightened levels of client demand. Aled Edwards, Amanda Burdge and Chris Heirene become Partners as long-time Quantum member Rob Davies retires in May after 15 years as a Partner at the firm.

Founded in 2000, Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members, with five offices across the UK. The firm has enjoyed exponential growth in recent years, following a number of major client wins and booming demand for its services. It opened a new office in Bristol in 2016 to service the South West and in 2017 relocated its Cardiff office to a larger site within the Welsh capital to house the increased workforce. More recently, Quantum relocated its Amersham, Birmingham and London offices to more spacious premises in the centre of both cities to cope with demand.

The financial services consultancy, which employs 115 people across the UK, has promoted three senior team members to Partner, as part of its wider growth plans. The firm has moved Aled Edwards from Principal Consultant & Actuary, while Amanda Burdge has ascended from Principal Investment Consultant. Chris Heirene, former IT Manager, has also joined the ten current Partners at Quantum.

Aled Edwards most recently managed the actuarial team within Quantum’s Cardiff office as well as providing technical training for all staff. He boasts more than 17 years of pensions experience. He started his career as an Actuary at Jardine Lloyd Thompson’s Bristol wing, before joining Quantum in 2011. Edwards is also the President of the Welsh Actuarial Society (WAS), which supports actuaries and actuarial students living or working in Wales.

Rapid growth sees Quantum Advisory promote trio of Partners

Amanda Burdge joined Quantum’s team in 2001, as one of the fledgling firm’s first employees. Most recently she was a Principal Investment Consultant with the firm, and with more than a quarter of a century’s experience in the sector, she is responsible for providing investment advice to many of Quantum’s key clients with both defined benefit and defined contribution schemes. Prior to her time with Quantum, Burdge spent two years as a consultant with SBJ Benefit Consultants (now Capita), and three years with Tesco Pension Trustees. She currently sits on the Regulation Committee for the Pensions Management Institute.

Chris Heirene initially worked with Quantum as an IT Consultant with Teamwork Technology Services and then UES for over five years, before finally joining the firm itself in 2011. He is now responsible for Quantum’s IT systems across all of its offices, including the network and core server infrastructure which supports the business. Heirene is heavily involved in utilising IT to improve and build upon the processes in place throughout Quantum.

David Deidun, Partner at Quantum Advisory, said of the promotions, “This is a very exciting time for Quantum. The recent round of promotions fully recognise the hard work and dedication shown by the three, all of whom go above and beyond for the company. I’ve no doubt that Aled, Amanda and Chris will settle into their new roles with ease and look forward to working together to grow Quantum even further.”

The news comes as Rob Davies retires in May, after spending fifteen years as a Partner at Quantum. A qualified actuary, Davies was instrumental in setting up Quantum’s Investment Division, specialising in aiding clients with their investment strategies. He will remain with the company on a part-time consultancy basis, while working with several clients in the Fiduciary Manager area.