August 12, 2014

Marcum LLP Expands Family Office Practice in Los Angeles; Entertainment Industry Veteran to Lead High-Net-Worth Services Group

Marcum LLP Expands Family Office Practice in Los Angeles; Entertainment Industry Veteran to Lead High-Net-Worth Services Group

New York City, NY – Marcum LLP, a top national accounting and advisory services firm, has expanded its Family Office Practice group in the Firm’s Los Angeles office and engaged Brian Darling, a veteran of the southern California entertainment industry, to lead group services for high-net-worth individuals.

Marcum’s Family Office Practice provides complete wealth management services to high net worth individuals and families. Services range from bill paying, tax planning and succession design to philanthropic giving and art collection management.

Mr. Darling brings to Marcum over 25 years of experience as a business manager serving entertainment industry professionals, business owners and other high net worth individuals. He provides bookkeeping services, including accounts payable and receivable, payroll, and preparation of financial statements, and interfaces with clients€ agents, managers, brokers, attorneys and vendors to ensure smooth daily operation. He also maintains banking relationships, coordinates insurance, and focuses on wealth preservation for his clients.

In addition to joining Marcum’s Family Office Practice, he is also a member of the Firm’s LGBT group.

Mr. Darling is an active member of numerous professional organizations, including the National Association of Certified Public Bookkeepers and the American Institute of Professional Bookkeepers (AIPB).

“The goal of family office services is to facilitate the complex administrative functions associated with family wealth management; coordinate and eliminate duplication of advisory services; monitor expenses and investment transactions; and maintain accurate records of a family’s personal and investment information,” Mr. Darling said.

Philip J. Wilson, Partner-in-Charge of Marcum’s Southern California region, said, “Although wealth brings many luxuries, it also brings significant challenges and increased responsibilities to high net worth families. By utilizing the services of skilled and highly experienced family office service professionals, high-net-worth families benefit from expert guidance while improving and simplifying the management of their assets.”

About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as select international locations. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting, and assurance services; advisory, valuation, and litigation support; managed accounting services; and an extensive portfolio of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as nonprofit and social sector entities, high net worth individuals, private equity funds, and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.