New promotions at RSM Tenon in Birmingham

NEW promotions at RSM Tenon in Birmingham have strengthened the firm’s offering to its corporate and private clients. The appointments also spearhead the firm’s growth plans both in the city, and across the West Midlands.   
 
The promotions see James Carnegie take responsibility for leading the firm’s transaction services team in Birmingham, while in her role as head of employment solutions, Samantha Davies will provide a specialist consultancy service aimed at helping employers manage tax risks and improve the efficiency of employee reward including all forms of pay, expenses and benefits.
 
Ms Davies said: “I’ve been at RSM Tenon since 2009, but I’ve been a specialist in employment taxes for 27 years. We work with a diverse range of businesses across the region delivering real value.”

Mr Carnegie’s promotion boosts the firm’s expanding corporate finance team in Birmingham. He joined RSM Tenon in 2010 from Wolseley UK where, as part of the in-house mergers and acquisitions team, he managed a range of acquisitions, disposals and strategic initiatives across the UK and Ireland.

He said: “I am looking forward to continuing our growth in the local market. We have developed a strong and experienced team in Birmingham with a focus on the West Midlands market, but at the same time we have the resource and expertise to tackle larger, more complex or internationally based transactions.”
 
Julian Clough, head of RSM Tenon’s Midlands transaction services team, said: “We are delighted with the progress we have made over the last 18 months and James’ promotion is a reflection of his leadership of the Birmingham team and our on-going commitment to providing  director led, opinion based due diligence to the private equity, banking and corporate marketplaces.

“In some respects the market has been difficult but we have simply found that the shape of transactions has changed and the combination of James’ advisory and corporate experience has been well received by our clients.”

Westerby strengthens before IFA shake-up

STEPHEN Harvey has joined Midlands firm Westerby Group as a Director. With over 30 years’ experience in personal financial planning, retirement strategies, investment advice and employee benefit arrangements, Mr Harvey joins Westerby Group from RSM Tenon.

The firm said the appointment was timely given the current shake-up of the financial services industry and the tougher regulations set to come into force.

He said: “This is a very exciting move for me. Westerby Group is an established company with a fine reputation for solid financial advice.

“Within our trustees business, we anticipate that demand for Westerby’s traditional UK Small Self Administered Schemes (SSAS) and Self Invested Personal Pensions (SIPP) services will continue and that growth will also come from our overseas pension offering.“

Dains appoints new partners

DAINS chartered accountants has announced the appointment of three new partners by promotion.  Phil Luty, Phil Pellegrini and Steve Rogers – all from different areas of the business take the partner count of the Birmingham-based firm to 16.

Mr Luty joined the firm in 2009 as Director of Indirect Tax.  He has experience in all sectors of VAT but has particular business sector knowledge of the automotive industry and his client portfolio includes some of the major manufacturers and their associated retail distribution and finance companies.

Mr Pellegrini has trained with Dains since joining the firm in 1988 and is both a qualified Chartered Tax Adviser and Trust and Estate Practitioner. As Head of the Private Client division he works closely with high net-worth individuals helping them to put structures in place to provide immediate tax benefits whilst facilitating long term protection of family wealth.

Mr Rogers also joined Dains in 1988 and has over 20 years experience in the profession.  He oversees a large client portfolio and specialises in assisting owner managed and growing businesses in a broad range of industry sectors with accountancy and tax compliance services.

Spencer Wright, chief executive, said: “I am delighted to announce these promotions which are a reflection of both the calibre of the individuals concerned and the growth we are experiencing.”