Professional advisors from Alliotts were among the 138 delegates representing 78 independent accounting and law firms from 38 countries who were in attendance in Madrid for the 2019 Worldwide Conference of Alliott Group, the firm’s international alliance.
During 2019, the alliance has enjoyed record membership growth, with 21 new firms joining in 16 countries. This surge in membership was reflected in the high turnout for the conference (23-26 October) which also marked the alliance’s 40th anniversary.
The alliance’s growth strategy was outlined by new COO Giles Brake who is targeting the expansion of the group’s membership to 100 countries within three years to ensure Alliott Group members are able to offer a truly global solution to clients involved in, or considering, international business activity.
Participation in the alliance’s conference programme helps our professional team build trusted personal relationships with senior advisors at like-minded professional firms across the world. Our fellow trusted professionals will handle our clients’ business with maximum care and efficiency and have expertise in their local jurisdiction’s tax, government and legal systems.
Involvement in the conference also immersed professionals from Alliotts in global practice groups focused on sharing knowledge and developing joint capability and new opportunities in areas including M&A, International Tax, Real Estate, Audit, International Private Wealth, Global Mobility, Business Law and VAT/Indirect Tax.
Colin Farmer, partner in Alliotts London office and Alliott Group Worldwide Chairman comments:
‘Membership of Alliott Group is an investment we make on behalf of our clients and professional staff. Business is global and the rate of technological and regulatory change is phenomenal - it is vital that we are connected to accountants, lawyers, tax advisers, auditors and other business professionals who will provide new insights. Our ongoing participation in Alliott Group’s activities gives us added inspiration and high calibre professional contacts to ensure our firm and our clients are future-ready.’
Conference highlights included Declan Curry, the former business presenter on BBC One’s Breakfast TV, leading a panel discussion exploring business, economic and political issues such as Brexit, the impact of the China/US trade war on supply chains, slowed growth in Europe and China, and recessionary fears in the US and Hong Kong. The conclusions of the panel were that we live in a time of uncertainty, growing protectionism and regulations sometimes getting in the way of business.
Local experts Luis Alvarez from Spain’s Ministry for the Economy & Business and Maria Jesus Fernandez, Executive Director at ICEX-Invest in Spain, explained that Spain is very much open for business. The country has a competitive corporate tax rate of 25%, GDP growth of 2.1% (projected), a thriving international M&A market with deals valued at over €107,400 million in 2018, and Foreign Direct Investment flows at record highs of €55,300 million (2018). The energy sector, particularly renewables, was highlighted as a particularly attractive opportunity for foreign investors.
HR and marketing focused presentations kept our team informed about how we can ensure we are positioned as a compelling employer to the talented accountants and lawyers of tomorrow. Practical ideas were shared on how to build a high-performing leadership culture and why professional firms must invest in their brand to safeguard their future success.
We are certainly looking forward to Alliott Group’s 2020 Worldwide Conference in Tokyo.
Photo: Alliott Group members sharing expertise in Madrid.
About Alliott Group
Alliotts were one of the founders of Alliott Group in 1979. Now with some 150 member firms in 65 countries, Alliott Group (www.alliottgroup.net) is an award winning international alliance of independent accounting and law firms that need access to a larger resource base on an international basis to develop reputation, visibility and new business. Alliott Group provides services to help its member firms position themselves as the ‘go to’ firms in their local markets for businesses and private individuals with multi-market business interests.