US professional services firm backs ‘engine for growth’ London as European launchpad
EisnerAmper, a top-twenty US professional services firm, celebrated the launch of its London office tonight as it laid out “ambitious plans” for European growth.
Its London offices, which will act a staging post for the firm’s continental expansion plans, will be led by Robert Mirsky, a former global head of hedge funds at Big Four firm KPMG.
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The firm will look to utilise a specialism in financial services advice as it seeks to build up a headcount of 25 people in London over the next two years.
Mirsky told Morning Wire: “There’s a lot of opportunities right now in London”, describing the city’s financial services sector as “such an engine for growth”.
“There's a gap in the market for those kind of services,” he said, adding that EisnerAmper’s UK-headquartered drive gave the firm an opportunity to “get our brand recognised in Europe”.
EisnerAmper which offers tax, auditory and advisory services, enters the professional services market at a tumultuous time: alongside the potential impacts of Brexit – something Mirsky described as a “wait and see” situation – the sector is facing a series of reviews, including an investigation by the Competition and Markets Authority, launched today.
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Mirsky said industry scrutiny, including plans to shake-up the dominance of the largest firms, was “very clearly an opportunity for us” and gave EisnerAmper as chance “to really take market share”.
He sounded caution over break-up, saying reviews should instead be “looking to increase competition” with the ultimate aim of improving audit quality.