Top Ten Tax & Trust Accountants
‘Incredibly, we managed to maintain momentum,’ Paul Ayres tells Spear’s. Despite the challenges brought on by the pandemic, his department has seen ‘an exceptional performance’ in the past 12 months. ‘This was achieved following a Herculean effort to recreate the team culture across the 300-plus members of our private client services to ensure we stayed close to our clients and key referrers.’
Ayres oversees all manner of HNW affairs for BDO as head of national private client services. He spends the most time advising across the private client spectrum of issues, from complex structures, offshore, to trusts and wealth planning. His clients are mainly entrepreneurs, who approach him for assurance on their tax obligations associated with everything from domicile and residence issues to real estate transactions in London.
BDO’s 2019 merger with Moore Stephens made it the UK’s largest accountancy and business advisory firm focused on mid-sized, entrepreneurially spirited businesses. Ayres’ main goal is to ‘deliver a coherent strategy’ to help his sophisticated clientele balance their complex affairs and ‘achieve their long-term personal and business goals’.
Known for his lucid, approachable manner, Ayres is ‘immensely talented,’ according to one client. ‘He understands complex issues and is brilliant at listening to client needs.’