HW Group is a mid-tier stalwart going through somewhat of an evolution, but
it seems to be paying off. The firm recently sold off its insolvency arm, but
still enjoyed 20% fee growth last year, raking in £50.4m from other areas of its
Currently occupying No 15 in the Accountancy Age Top 50, HW has offered
support and advice to owner-managed businesses for over 75 years and has grown
to cater for the gamut of services required by large companies, small businesses
and private individuals.
The firm has built a network of over 50 offices around the UK, employing over
550 staff and 29 partners in order to be geographically close to its clients.
The HW group consists of various firms in which Haines Watts Limited is a
partner, member and shareholder. Interestingly, in terms of providing investment
advice, the majority of these firms are not authorised under the Financial
Services and Markets Act 2000, but are able in certain circumstances to offer a
limited range of investment services to clients because they are licensed by the
It does have a specialist associated company, HW Financial Services Limited,
which is authorised and regulated by the FSA under the Act. HW has a policy of
referring investment business, excluding corporate finance work, to that
associate or to third parties also authorised under the Act.
For investor protection, the ICAEW administers and the firm contributes to, a
compensation scheme for clients who might need to seek redress.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com