PracticeConsultingBDO fee income to break £200m barrier

BDO fee income to break £200m barrier

Mid-tier firm BDO Stoy Hayward has today confirmed it will announce a record fee income of more than £200 million for the year ending March 31, 2001.

The exact figure, which will only be made public at a later date, will be at least 26% higher than the last financial year, when BDO registered a fee income of Pounds 173m.

South East managing partner Simon Bevan said the firm had had a fantastic year and was gearing up to take advantage of further opportunities for growth.

And this was confirmed as BDO announced that eight employees would be appointed partners in the South East by 1 July, as part of a plan to reorganise its Home Counties practice into four regional business centres.

Bevan: ‘We have already re-focussed our business to concentrate on strategically important areas such as tax and corporate finance. The new partner appointments we are announcing will improve our ability to play to these strengths.’

Each regional centre has been set up to provide a much greater breadth anddepth of expertise and client service than was previously possible

‘In the South East, we are combining staff and resources from eight local locations into four larger regional centres to increase our prospects for growth and provide increased opportunities for our people,’ he said.

‘Like the growing businesses that we advise, we recognise that standing still is not an option.’

Links

Partners culled at BDO Stoy Hayward

BDO online

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