The top 25 UK chartered accountancy and LEA member firm, HW Fisher announced that Philip Olmer and his company Compliance On Demand will join the HW Fisher family to offer a holistic strategic governance, risk and compliance consultancy. HW Fisher and Philip Olmer will each hold 50% of the Company.
The Compliance On Demand team will move to HW Fisher’s London headquarters with the intention of growing it’s offering to assist clients in a business environment that increasingly focuses on governance, risk and regulatory compliance. Russell Nathan and Andy Rich, respectively Senior and Managing Partners at HW Fisher, will also join the Compliance On Demand board of directors.
Russell Nathan said: “This is an exciting step for the Practice. The new offering will significantly enhance our services for clients and adds to our existing portfolio spanning Audit, Private Client Services, Corporation Tax, VAT, Business Process Outsourcing and Forensic Accounting. I am looking forward to working with Philip to jointly grow Compliance on Demand and to support clients across the board.”
Philip Olmer, Managing Director added: “In an increasingly complex regulatory environment, compliance cannot be seen as just as ‘tick box’ exercise. Successful organisations depend on their reputation and I believe that we share this vision with HW Fisher. Our joint offering will help support businesses to thrive. I am delighted that we are joining forces and hope that this is part of a bigger vision to provide clients with a holistic and strategic offering.”
Initially focused on advising the real estate sector, it is envisaged that Compliance on Demand will move to embrace new sectors, including Corporate, Professional Support, Private Equity and Fund Management.
About Philip Olmer
Philip was admitted as a Solicitor of the Senior Courts of England & Wales on 1 December 1985 and began his real estate career at leading law firm, Berwin Leighton, in 1987. Four years later he was appointed as full equity partner.
In August 1999, Philip was headhunted with his team to join leading tech law firm, Olswang, to grow their real estate practice.
During his time at Olswang, Philip led the development and procurement of the firm's 120,000 sq ft new headquarters office building 90 High Holborn.
Key clients included household name UK and European Investment and Pensions Funds, a FTSE 100 UK mixed use commercial urban regeneration developer and numerous overseas institutions.
Key transactions during private practice included a £375million acquisition of a Motorway Service Area Portfolio; the £153mn purchase of a British multinational insurance company’s HQ; the purchase, finance and securitisation of a £1.2bn portfolio and, for a British property developer, the joint venture redevelopment of a riverside site in East London to create over 4,000 homes and 500,000 sq. ft. of commercial space.
After leaving private practice in 2014, and whilst at AEW, Philip was involved in the launch and running of two London Stock Exchange listed Real Estate Investment Trusts, three comingled private funds and three separate account mandates. He was also closely involved in transacting over £1billion of office, retail, logistics and alternative real estate assets across the UK and Europe.
During his time at AEW, Philip led a number of in-house compliance projects to ensure that the firm had implemented policies, procedures, systems and controls for the new EU wide regulations for Alternative Investment Fund Managers Directive (AIFMD), Markets in Financial Instruments Directive (MiFID II), Anti-Money Laundering, International Sanctions, Senior Managers & Certification Regime and the EU General Data Protection Regulation.
He was also the responsible compliance officer for annual US Securities and Exchange Commission (SEC) and National Futures Association (NFA) filing and compliance with the "Volcker Rule".
About HW Fisher
HW Fisher is a commercially astute organisation with a personal, partner-led service aimed at entrepreneurial small, medium enterprises (SMEs), large corporates and high-net worth individuals.
Our clients come from many different backgrounds and are active in all branches of commerce and industry. Our reputation is grounded in quality, delivering premium advisory services efficiently and cost-effectively.
Our fee income ranks us as a mid-tier top 25 UK chartered accountancy firm.
Founded in 1933, the practice comprises 32 partners and approximately 320 staff supplying a range of services spanning audit, corporate taxation, private client services, VAT, business recovery and forensic accounting, together with a range of sector groups offering specialist industry knowledge.
We also incorporate a number of associate companies with technical skills in matters such as corporate finance, and mergers and acquisitions.
Our mission is to serve our clients with creativity, enthusiasm, energy and vision. We mean these words and they mean more than just a strapline. They are a stance, an attitude, a culture.
HW Fisher was formed and grew by having a sideways view of life, understanding tradition but never being a slave to it. Wanting to be a business of characters, acting for characters in business.
And we will never think we’ve arrived. Just when you think the world is settled it moves on. It’s like that for our clients and it’s like that for us. We don’t have the biggest name, so we have to work harder to make sure that when you have heard of us, you aren’t going to forget.
All the time, providing the best advice, on time, every time for sure, but never forgetting one thing. It’s the whole customer experience that counts. We aspires to be the most outstanding independent firm in London, with a client list to compete with the best, profits to compare with the best, an attitude to be the best.
In a world that has faced its challenges, we have remained strong due to the skill of our teams, our wonderful clients and our pathological fear of ever, ever being ordinary.