NEW YORK, Feb. 2, 2016 /PRNewswire/ -- EY announced today that members of BCRS Associates LLC (BCRS), including co-founders John Cook and Joe Bulger, are now a part of the Ernst & Young LLP Private Client Services (PCS) tax practice and aligned within the firm's Financial Services Organization, a business unit dedicated to the financial services marketplace. BCRS, a tax firm, has focused on the needs of high net worth individuals and family offices of individual high net worth and family office clients.
"This expansion, along with the recent addition of Family Office Metrics (FOM), positions EY as one of the largest globally and functionally integrated service providers assisting family offices and high net worth individuals," said Kate Barton, EY Americas Vice Chair of Tax Services. "This group will be at the heart of the EY Family Office offering, supporting clients through highly skilled technical teams from across all of our service lines, including close alignment with the EY Global Family Business Center of Excellence and Strategic Growth Markets."
With the addition of the BCRS team, the US firm will further expand its current service offerings of income and estate planning, charitable gift planning and cross border tax compliance.
"The highly fragmented market often leaves family offices with a patchwork of service providers at a time when they are facing complex tax issues impacting their business interests, personal interests, investments and other financial-related assets," said co-founder of BCRS, John Cook. "We agree with EY's comprehensive approach and commitment to provide integrated, global services for family offices and high net worth individuals."
Co-founder Joe Bulger agrees: "BCRS's guiding philosophies and depth of services has been in step with EY's. A central principal of both organizations is to develop long-term relationships so we understand our clients' needs and can provide exceptional client service based on those needs," he says. "By joining EY, we will be able to deliver a suite of globally integrated services that are unparalleled anywhere else in the marketplace."
About EY Private Client Services
EY Private Client Services offer tax-related domestic and cross-border planning and compliance assistance to business-connected individuals and their associated entities. In addition, in today's global environment, cross-border services help meet the ever-growing needs of internationally positioned clients. With dedicated resources in major markets around the world, we assist individual clients needing a wide range of tax services, including tax compliance, tax planning and tax advice relating to their business interests, investments and other financial-related assets. Our approach includes professionally prepared returns, related calculations and advice, as well as integrated tax planning.
Our talented people and in-depth knowledge can help you effectively manage your requirements on a global basis, whether you require our planning or compliance services. We have experience working with individuals and companies of all sizes across many aspects of the tax life cycle — planning, provision, compliance and controversy.
About EY Family Business Services
EY is a market leader in advising and guiding family businesses. With almost a century of experience supporting the world's most entrepreneurial and innovative companies, we understand the unique challenges they face — and how to address them. We offer a personalized range of services aimed at the specific needs of each individual business — helping it to grow and succeed for generations. The EY Family Business Global Center of Excellence is a powerful resource that provides access to our knowledge, insights and experience, connecting family business owners to their peers through the strength of our global network.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
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This news release has been issued by Ernst & Young LLP, a member firm of EY serving clients in the US.