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This is a sad post-script to the Consolidators story
It could be a great move for Baker Tilly but it's sad to see the impending demise of the 3rd big consolidator.
Back in 2009 there was talk of another group planning to launch a new consolidated practice in 2010. I questionned the logic for this in an article on accountingweb which also sets out the history of the consolidators as then existed. The new one was never launched.
Mark
not so sad Mark?
tenon have hardly covered themselves with glory in their relatively short existence. it was a good idea woefully executed...
Tenon
I worked for Tenon in Basingstoke and have a lot of respect for the tax directors there; however, nationally I didn't feel they knew what they were doing. The local offices had no interest in following the guidance from the top, wanting to do their own thing, the executive made it clear that the shareholders were the most important thing, it was all very disjointed ... They wanted to provide an alternative to the Big Four, but didn't have the structure or the will of their members to do it. I was an estate planning, trusts and inheritance tax consultant there, but couldn't get on because all of the local offices wanted to do the work themselves, rather than use an internal specialist, or the financial services guys hogged all the work.
Baker Tilly shouldn't touch it with a barge pole. It should go back to being separate local offices.
Ben pretty much sums it up
Once Andy Raynor was taken out of the equation it was doomed I feel