Accountancy firm Anderson Anderson and Brown (AAB),has announced it is to build on the support it already provides to family businesses by establishing a specialist team dedicated to the sector.
AAB said it currently works with over 1,000 family businesses, which totals 75% of the firm’s SME client base.
The new dedicated team has been formed to support AAB’s “significant client base” with a “central hub of knowledge and experience of the complex financial and business advisory needs of families, both business and personal”.
The team will be headed up by the firm’s Edinburgh managing partner Lyn Calder, who will be supported by a team of nine specialists from across the firm including tax directors Lynn Wilson and Stuart Petrie, who are based in Aberdeen.
Calder said “At AAB our very first client was a family business and for over 30 years we have continued to work with family businesses across multiple sectors ranging from fishing to oil and gas, and from hospitality to construction and property. As a result, we have extensive knowledge and experience in this space across the firm.
“Recognising that family businesses are unique, and that they require a considered approach, coupled with a different way of thinking, we are delighted to have established our core family business team.”
She added: “This central resource will ensure that our clients continue to receive a first-class service, aiding day-to-day operations in addition to potential future growth, which goes above and beyond core business compliance. Ultimately our role is to use our experience to add value to their businesses and ensure they succeed and prosper.”