By Rob Starr, Big4.com Content Manager.
Barry Goodman has joined WeiserMazars as a Partner in the Financial Services Practice to enhance the group’s existing experience with broker dealers, hedge funds, private equity funds, funds of funds and closed-end mutual funds. Goodman has more than 22 years of experience in accounting, auditing and taxation. His education includes a Bachelor of Science in Accounting from State University of New York at Albany and a Master of Science in Taxation from Baruch College and Big4.com spoke with him about his new job and plans.
“I came from a smaller regional firm,” he told us recently from New York. “WeiserMazars is more national with a global presence. It’s a larger platform for me to work with and I have a much deeper bench to work with here on the broker dealer end and the investment advisor side.”
He brings his expertise with alternative investments to a new chapter in his career. Goodman has previously worked for both national and regional accounting firms and he has also been a
Controller for a global alternative investments platform that focused on leveraged loan investments. His enthusiasm for his work was obvious.
“My clients run the gamut of different strategies,” he said. “I enjoy the capital markets and find they all need a lot of attention.” He also noted while he’s been able to focus on becoming more efficient in the broker dealers space over the last three years, the majority of his career has been spent working with alternative investments advisors. The challenging regulatory and market conditions make Goodman an excellent choice for WeiserMazars, the independent U.S. member firm of Mazars Group, which is made up of 15,000 professionals in more than 70 countries.
Our conversation turned to the inevitable market conditions where Goodman took up the regulatory aspect right way.
“The Security and Exchange Commission (SEC) is showing much bigger teeth and looking much more closely at Registered Investment Advisors and their activity,” he said adding that the Financial Industry Regulatory Authority (FINRA) is making a strong impression on the broker dealer side. Still, Goodman insists the increased regulatory compliance will force accountants and the firms they work for to maintain a high level of professionalism.
“Overall, it’s another burden on accountants but the better firms will do well at the end of the day and the others will fall to the wayside,” he said.
Goodman will be based in the New York offices of WeiserMazars LLP.