Who are Gerald Edelman?
The firm was founded in 1946 by Gerald Edelman and Toby Hoffman. Hoffman described Edelmam as having a “magnetic personality”’ and they quickly forged a successful partnership. Unfortunately Edelman died whilst on holiday with his family when he was 35 however Hoffman continued to build the practice, retaining the firm’s name.
The firm originally started with less than 15 employees, in 1958 the group moved to Harley Street, London and grew to have five partners and 25 employees. In 1982, Michael Harris became managing partner and in 1958 the group acquired Bernard Keane and Co. Some time later in 2010, Richard Kleiner became CEO. By 2015, the group had moved to its newest office in Cornhill, London and employed 90 staff with 15 partners.
In 2016 the firm merged with DTE Business Advisory Services and in 2018 rebranded, forming a new partnership with SB&P employing 150 people with 16 partners.
What do they do?
Audit and Assurance – The team draws on decades of experience in regulatory compliance, financial reporting and corporate governance, to work with directors and business owners across a wide range of industries.
Bookkeeping and Accounts – The service provides a full range of bookkeeping services to businesses of all sizes, from small start-ups to large multinationals.
Company Secretarial and Statutory Filing – Within this service, the group helps with incorporating a new company or LLP, supporting existing companies or LLPs icons.
Tax – The service offers advice on capital gains tax strategy, corporation tax and private client, inheritance tax and estate planning, tax advisory and property tax services.
Payroll service – The firm’s payroll services help businesses struggling to cover the costs involved with payroll software, security, compliance and staff training. The group tailor the range and level of its services to match the specific needs of businesses and offer ‘value for money’ compared with other payroll providers.
For the financial year ended 31 March, Gerald Edelman decided not to disclose publicly a copy of its profit and loss account.
In the news
The firm recently announced that ETL Global has expanded its UK network with a recent investment in Gerald Edelman.
ETL is a European-cultured, professional services firm with offices in 50 countries and with more than 45 years of history and a strong SME focus.
Alongside the firm’s compliance-based services, ETL clients will now have access to the firm’s compliance support, which includes services to help maximise growth opportunities through corporate finance, M&A, exit strategies, estate planning, cross-border tax advice, and more.
Richard Kleiner, CEO of Gerald Edelman, said: “Gerald Edelman has experienced significant growth over the last few years. Having ETL as part of the GE team going forward will enable us to continue with our ambitious growth strategy which will include M&A activity whenever suitable opportunities arise.”
After completion, Gerald Edelman will remain “business as usual” and the existing partners will continue to lead and manage the firm.