Accountancy firm Wenham Major has taken a step closer to achieving global coverage with a new office in New York.
It will open on Wall Street later this month, with the branch being established to serve the firm's global capital markets practice.
Named fastest growing UK firm for the last two years running in the Accountancy Age league tables, the Birmingham headquartered business aims to have a global advisory service for clients.
Executive chairman John Joyce said: "Wenham Major's niche global practice continues to go from strength to strength, and in this area of our work it is vital for us to be represented in the major capital markets of the world.
"This strategic move will allow us to sustain our robust growth in the international arena. Our global markets clients are operating in all continents, and for us to be a serious contender for this work, we can no longer restrict ourselves to a UK presence."
Wenham Major's New York office will be spearheaded by Justin Astley-Rusthon, who was previously with Willis where he held various directorial roles both in the US and UK.
He said: "The New York office places Wenham Major firmly at the centre stage of the global capital markets. The firm will benefit greatly from the US markets and the wealth of financial services talent in the region. This is a really exciting chapter in Wenham Major's development and I am thrilled to be a part of this latest international project."
The office will start with a staff of five, but it is hoped to build that up to 20.
Wenham Major says it expects to be able to make an announcement later this month about other international office openings.
It says it is also looking at further UK acquisitions in 2008 - last year it acquired Leicester-based HKM accountants.
It had a fee income of £22.2 million in 2006-07.