Professional Service Firms

We are specialist advisor's to professional services firms ranging from small partnerships to large corporations. Whilst we act and have acted for a number of clients across the professions (including surveyors, estate agents and accountants) we have a market-leading reputation in advising legal practices and architects, engineers and design practices.

We believe we have a unique approach to working with our professional services clients which sets us apart. Our Partners and Managers who work in the sector, all share a common passion and desire to both understand the uniqueness of a client’s culture and market position and then to deliver a bespoke, outstanding and personal service. Unlike most of our large firm competitors, our advice is Partner-led and grounded in pragmatism.

Our advisory-led services include:

Business reviews and strategies for profit improvement and growth
Benchmarking and peer comparison
Reward Planning for Partners and Directors
Succession Planning
LLP’s, Shared-ownership schemes and alternative models
Strategic Planning and Business Planning
Improving Practice Management.

How We Can Help

The breadth and depth of our expertise allows us to offer a broad range of services.

Our Professional Service Firms Expertise

Architects

Whilst Architects and Engineers share some traits with other professions and industries, the challenges they face are often quite different. Specialist knowledge combined with long-term planning can help to ensure sustainable profits and strong cash flow, the hallmark of a successful practice.

Lawyers

As the legal market becomes ever more competitive, choosing the right external advisor's has never been more important. We are more than just accountants; we are expert advisor's, giving advice that is always proactive, knowledgeable and practical.

Succession Planning

Perhaps the single most challenging long-term issue for any small or medium-sized professional services firm, whether an architects practice, engineering consultancy or similar, is defining its future.

We had a situation where Marcum were our group PCAOB auditors based out of New York and KPMG were our UK auditors. This left us in a painful situation where all of our numbers, regardless if they were the same under different GAAP regimes, were being audited twice. As well as incurring unnecessary cost, this meant complete inefficiency from the standpoint of my team’s time. I approached Marcum to come up with a better solution and together with Ecovis they have nailed the brief. Other than GAAP differences, all substantive work only takes place once as the UK team leverages the work of the US team. Regarding these GAAP differences and local UK reporting, where more questions are naturally needed from the UK team, I have found Ecovis’ questions very relevant and their approach sensible and pragmatic.

Stewart Baker EVP & Chief Financial Officer , Inspired Entertainment Inc

Our Clients

We are privileged to work with a broad range of clients, from small partnerships to large corporates across our chosen sectors.

What's Going On

11/01/2021

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Contact Us

Phone: tel: +44 (0) 207 495 2244
Email: enquiries@ecovis.co.uk