In a move designed to strengthen and secure its leadership for the long-term, the BMF Group has announced a partnership of their 35 year old, highly regarded Sydney CBD based accounting and tax division with Kelly+Partners Chartered Accountants, a leading multi-award winning accounting firm effective from 1 January 2017.
Continuing its rapid growth and now with a CBD presence, Kelly + Partners (established in 2006) has a network of 11 offices across greater Sydney with a further office in Hong Kong and a combined total team of 32 partners and 230 professionals.
“Barry Mendel, Barry Frank and myself view the new partnership between BMF Chartered Accountants & Business Services and Kelly+Partners Chartered Accountants as a real ‘win/win’ for both firms and our combined clients. The addition of new technologies and systems we will introduce to the combined business, plus the integration of additional staff will also prove to be a positive result for clients of both our companies”, said Brett Kelly, Founder of Kelly+Partners.
Barry Mendel supports this view and echoed Brett Kelly’s positive outlook on the new partnership; “Growth, expertise and succession planning have always been at the front of our minds and the new partnership is an essential part of the business going ahead to meet the changing and diverse needs of clients in a contemporary world,” he said. “The Kelly +Partners group has tremendous expertise and a proven history in meeting the diverse needs of Private Business Owners, Private Clients and Families in the modern era.”
BMF has entered into a partnership with Kelly+Partners across the Chartered Accountants & Business Services firm, while the current BMF Asset Management business will remain independent and become BMF Wealth with an exclusive focus on Wealth Management, Family Office, Estate and Succession Planning.
Brett Kelly, Founder of Kelly+Partners, will be Chairman of the Kelly+Partners (Sydney) Chartered Accountants & Business Services team. Barry Mendel will be Deputy Chairman with BMF Director, Barry Frank, taking on the role of Managing Director.
Both Barrys are committed to the merged accounting and tax firm for at least a further 5 years from the announcement of the partnership.
Barry Mendel will continue as Chairman of BMF Wealth with Jill Nes continuing as CEO of the Wealth business.
Kelly+Partners was established in 2006 and specialises in helping Private Business Owners, Private Clients and Families of significant wealth. They have 32 Partners and 230 professionals located in Sydney across 11 offices.
Kelly+Partners is a multi-award winning business that has been recognised on multiple occasions as Australia’s fastest and most efficient accounting firm.
About BMF Group
Established in 1981 and located in the heart of Sydney’s financial district, the BMF Group is recognised as one of Australia’s most prestigious independent financial services providers.
Historically, the BMF Group encompassed two core businesses, BMF Chartered Accountants & Business Services and BMF Wealth and Family Office.
From 1 January 2017, BMF Chartered Accountants & Business Services will become part of Kelly+Partners Group and will be known as Kelly+Partners (Sydney).