Grouping clients, while helpful in a descriptive Website such as this, is essentially counterintuitive at Spielman Koenigsberg & Parker. We know from almost 50 years of experience that no two clients are exactly alike. In addition, many of our clients look to SKP for not only their business needs but for their individual and family needs as well.
For these reasons, SKP enters into each new relationship with an open mind. Our work is grounded on a firm understanding of not only what the client’s current situation is, but also takes into account the client’s future plans—and yes, hopes and dreams. It is only with this complete understanding that we can truly provide the advice and counsel they so richly deserve.
Clicking the specialized areas listed below will provide you with a brief description of our work in these areas. Obviously this is only a partial listing, and the descriptions are quite brief. We would welcome the opportunity to meet with you at your convenience—discuss your particular requirements, goals and objectives in greater detail—and provide you with an in-depth look at SKP and the ways in which we may be of service to you.
While they are known by a wide variety of names ... Private, Closely Held, Entrepreneurial and Family Businesses among others … cover the broad spectrum of industrial classifications from retail to services to manufacturing … and range in size from fledglings to centuries-old billion dollar multinationals … closely held businesses share with their public company counterparts many common challenges:
While access to capital is for many a continuing challenge, SKP works closely with our clients to assist them in developing highly creative financing solutions. However, the management of interpersonal—and oftentimes family—relationships can be the greatest challenge of all. Decisions on business issues can be difficult enough, but often are simply a matter of “looking at the numbers.” Adding a layer of emotional issues, however, makes those same decisions increasingly difficult.
At SKP we know that simply “looking at the numbers”—in spite of our skills in reducing complex financial data to cogent, easy-to-understand reports—is often simply not enough. Our close, working relationships with our clients—and sensitivity to the interpersonal relationships of their various stakeholders—allows us to make a significant contribution to the long-term success of the enterprise. This can be especially true in potentially highly charged emotional issues such as Compensation and Succession Planning.
While the attributes that normally define individuals in the Creative & Performing Arts—emotional, passionate, risk-taking—are generally not those readily identified with accounting firms, at SKP we have developed the skills and insights that allow us to effectively bridge these two disparate worlds.
Whether Actors, Advertising Executives or Authors … Designers, Directors or Divas … Maestros or Musicians … Photographers or Producers … individuals and firms in the Creative & Performing Arts know that they will find at Spielman Koenigsberg & Parker not only an in-depth knowledge of the unique financial issues they face, but a firm with an unsurpassed reputation for service.
From worldwide concert tours … to smash hit Broadway productions … to major amateur & professional sports organizations … SKP has, for almost half a Century, been the firm of choice for many of the most recognized and respected names in the business.
While Spielman Koenigsberg & Parker provides our Entertainment & Sports Industry clients with all of the traditional services one would normally expect, we are perhaps best known for our ability to find effective solutions for many of the complex issues unique to these fields. In entertainment and sports, where “business hours” is an unknown phrase and "9 to 5" is most likely a score, SKP’s extraordinary dedication to client service makes a significant difference.
With high net-worth clients around the world, Spielman Koenigsberg & Parker understands the complex issues facing them each day. While every client is different, most share common goals to:
Since 1955, SKP has assisted individuals and their families with planning and managing their financial activities. Working closely with their attorneys, bankers, investment managers and other trusted advisors, we provide a full range of services that are customized to meet each client's particular requirements. From routine bill paying to comprehensive Family Office services, all are designed with one goal in mind … to reduce the demands on their time, and to ensure their peace of mind.
Why do many major global corporations, headquartered outside the U.S., look to Spielman Koenigsberg & Parker as their trusted advisors? They tell us that it is the extraordinary service that we provide. Perhaps it is because, even though our clients speak many languages, we’ve never learned to say “No” in any of them.
At SKP we function as a virtual corporate office, providing access to U.S. financial and non-financial services. Services critical in managing corporate operations thousands of miles distant with business culture, customs and language differences.
At Spielman Koenigsberg & Parker the General Partners of investment partnerships find the timely and knowledgeable back office, auditing, tax and management consulting services they require to allow them to focus on the issues of greatest importance … asset management and investment performance.
Based on our extensive experience with investment partnerships we are often called upon to assist the General Partner and their attorneys in the formation of new entities, including the development of the partnership agreement and private placement memorandum.
For ongoing investment partnerships we provide comprehensive audit and taxation related services, including:
Providing professional services to a professional practice should be simple. After all, we’ve been one for almost 50 years. Yet it is one of the more challenging engagements for any accounting firm. Whether a sole practitioner, or a large group, professional practices are faced with a myriad of complex financial decisions on an almost daily basis.
At Spielman Koenigsberg & Parker we assist our clients in meeting these challenges with an almost fanatical dedication to client service. Seeking, whenever possible, to anticipate problems and create effective solutions across a broad spectrum of professional practice management areas.
In addition to providing traditional accounting and tax services, we assist our clients with highly specialized assistance in:
Operating a real estate venture has never been more exciting. Whether your objective is to develop land or commercial property or to maintain an existing portfolio of properties, there are many issues to consider. Our goal is to give real estate developers and investors an accurate picture of "where you are" and a sound plan for getting where you want to be.
Based on our extensive experience with real estate companies, we can provide owners and developers of real estate creative solutions to help manage cash flow, develop innovative tax strategies and work together with management in evaluating transactions.
Below is a sample of types of services we provide to our real estate clients:
At Spielman Koenigsberg & Parker we take particular pride in the number of Business Start-Ups we represent. Not only because the majority come from recommendations from our current clients—and the vote of confidence that implies for SKP—but the excitement and vibrancy that new business ventures bring to our practice.
SKP can play a very important role in getting your new business ventures off to a good start, and the earlier we become involved, the better. Based on the new ventures specific requirements, we can recommend experienced Attorneys, Bankers, Insurance Brokers, Marketing firms and other experts. Working with these advisors we can assist in:
In addition, as clients of SKP, entrepreneurs have access—on an as-needed basis—to the worldwide capabilities of the firm
Whether non-profit, or not-for-profit, comprehensive accounting controls and timely financial reporting can play an important role in any organizations continued success.
Stakeholders—whether donors, members or governmental overseers—respond positively to organizations that have in place effective controls that safeguard their assets and improve their administrative operations.
At Spielman Koenigsberg & Parker we are fully versed in the intricacies of financial management and reporting for tax-exempt organizations. Our services, however, go far beyond standard audit and accounting functions, and may include: