On 1st October the long established Kingston firm Marks Bloom will be joining forces with WSM, a UK top100 accounting firm based in Wimbledon.
The personal tax and accounting team will move to WSM’s new offices in the centre of Wimbledon whilst the insolvency business will have a foot in both locations under a new specialist insolvency brand WSM: Marks Bloom which will combine the knowledge and expertise of the existing insolvency practice with the depth and additional resources of a larger firm. The combined group will have annual fee income in excess of £5m.
The new insolvency division will be headed up by Andy Whelan, a highly experienced insolvency practitioner, who originally trained with Ernst & Young and has since gained a wealth of experience as an insolvency licence holder over the last 20 years at Marks Bloom. Andy is joined by his existing team, including rising star Lauren Cullen, who, together with other specialist practitioners, will be providing the full range of insolvency and business recovery services to both corporate and private clients.
Gavin Stebbing, the managing partner at WSM said “The merger is a terrific opportunity to consolidate our position as the leading tax driven professional services firm in South West London. Providing a proactive service to our clients is our number one priority and the addition of this highly experienced team from Marks Bloom will ensure that there is more expertise in the firm as well as a new service offering which will expand our existing client base”.
Two new client directors will be appointed from Marks Bloom to join the existing senior management team at WSM where the practice will continue to offer tax, accounting and reporting services to corporate clients as well as personal tax services to its growing private client base.