Harrow-based accountancy practice Albury Associates has formally joined forces with KHI Partners, the Australian-headquartered professional services group founded by Chartered Accountant Munzurul Khan. KHI Partners has grown into a multi-disciplinary platform spanning accounting, tax, legal, wealth and lending services, with a strong focus on business owners and property investors.
Albury Associates began as a boutique-chartered accountancy practice dedicated to helping owner-managed businesses stay compliant, understand their numbers and make better decisions. The firm prided itself on hands-on support – from audit and tax, through to management accounts, systems and succession planning.
So why merge? According to Kiran Patel, Director, Albury Associates: “The business has become borderless, but advice often has not. Many Asian entrepreneurs now have links to the UK, Europe, the Middle East and Australasia. They own property in more than one jurisdiction, children may be educated overseas, and businesses increasingly trade across time zones. By joining KHI Partners, we are plugging our UK audit and advisory capabilities into a wider global platform that already supports thousands of clients in Australia and beyond.
“For clients, the promise is “more capability, same people-first service”. Our existing relationships do not change – you still deal with the same team in Harrow – but we can now pull in specialist input from colleagues in areas such as cross-border structuring, finance raising, property development, wealth planning and legal services. That means, for example, a family with UK commercial property, Australian children and a business in South Asia can receive joined-up advice rather than piecemeal opinions from multiple advisers who never speak to each other.
“In practical terms, first, treat your finance function as strategic, not just administrative. In a tougher economic climate, real-time reporting, cash flow forecasting and scenario planning are no longer “nice to haves”. They are what allow business owners to move quickly, refinance where needed and negotiate confidently with banks and landlords.
“Second, structure for the next generation. Many of our clients are first-generation entrepreneurs whose children are now professionals in their own right. Getting the structure right – companies, holding vehicles, trusts and shareholder arrangements – is crucial if you want to pass on wealth tax-efficiently while keeping the family aligned.
“Third, think globally but stay compliant locally. Whether it is UK audit regulation, Australian tax laws or anti-money laundering rules, the direction of travel is clear: more scrutiny, not less. A joined-up team across jurisdictions can help you stay on the right side of regulators while still pursuing growth.
“For me and for Munzurul, this merger is about more than scale. It is about building a platform that reflects the reality of our community: entrepreneurial, international and ambitious, but also rooted in strong values of trust and service.”
