London & Co. and Provident Financial Management to Join Together as a Partner Firm

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Provident Financial Management, a business management firm and multi-family office with offices in Woodland Hills, Santa Monica, and San Francisco, has entered into a joint partnership with Los Angeles-based tax, accounting, and business management practice London & Co. LLP. The new firm will be called Provident Financial Management and will close their transactions simultaneously this year.

Provident was founded by Barry Siegel and Bill Vuylsteke in 1982, and offers family office, as well as business management services, with a client base inclusive of high-net worth individuals, entertainers, actors, and musicians. London & Co., on the other hand is led by Phillip London and Scott Adair. The firm offers a variety of accountancy services, such as tour accounting and tax, along with business management services to an array of clients and businesses. London’s joining with Provident will provide continuity for their team and clients, as well as complement the services and diversify the client base of Provident.

The new joint firm will be led by Barry, Bill, Scott, and Phillip, along with a group of managing directors from Provident, such as Dawn Nepp, Pamula Johnson Solar, and Jeffrey Turner, among others.

“Our main goals in finding a strategic partner were to ensure the continuity of our well-established brand, while also gaining access to additional resources to help us better serve our clients and grow our business,” said Barry Siegel, Partner at Provident. “Focus’ deep understanding of the multi-family office and business management space made them a clear choice,” added Bill Vuylsteke, Partner of Provident. “We also greatly valued Focus’ M&A expertise in helping us identify a firm of London’s caliber,” he added.

“We are excited to welcome Provident and London to Focus together as a new partner firm. The Provident and London teams exemplify the dynamic, entrepreneurial mind-set we look for in partners,” said Rudy Adolf, Founder, CEO and Chairman of Focus. “We are concluding a record year of M&A activity, underscoring the attractiveness of our value proposition and the scale benefits we offer our partner firms globally. In 2021, we added 14 new partners and 24 mergers, including 8 mergers for Connectus, for a total of 38 transactions. We are entering 2022 with excellent momentum and are very excited about the future growth prospects of our business,” he added.

‘Provident Financial Management and London & Co., both Multi-Family Office and Business Management Firms, to Join Focus Together as a Newly Created Partner Firm‘- Yahoo Finance

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