Farnham’s roots in the Mississauga community date back to 1963, when Ross Farnham and William Gerald founded the firm of Gerald & Farnham in a small office at the corner of Hurontario and Dundas streets. In the intervening years, and through various incarnations, the firm has grown but the philosophy of providing our clients with exceptional personal service has remained unchanged.
In today’s world it sometimes seems an undervalued commodity, but experience really does count. Entrepreneurs have to constantly make decisions from an array of possible alternatives and there is great value in having advisors who have “been there” and “done that”. For more than 50 years, we have provided sound, practical business and income tax advice to hundreds of business owners and individuals and helped countless clients buy and sell companies, transfer businesses to succeeding generations and deal with income tax authorities.
Knowledge, while enhanced by experience, is not quite the same thing, and the body of knowledge, particularly in the dynamic area of tax, grows daily. Knowledge is power, and in the business context it is the power to make the right decision at the right time. In order to empower our clients, we employ state-of-the-art tax research tools and all levels of staff participate in ongoing professional development to ensure that we remain on the leading edge of the profession.
It has been our strategy over the years to practice as generalists. We firmly believe that as generalists we can have deeper relationships with our clients, which in turn leads to advice based on a fuller understanding of all of the circumstances. That is not to say that specialists do not have a role to play, and we have a close working relationship with leading legal, tax, human resource and finance specialists.
In the wake of the innumerable and very public accounting scandals over the past several years, integrity has become a hot topic. Our firm has been in business for over 50 years – and integrity has been the cornerstone of our practice since inception. Our reputation speaks for itself and our clients appreciate the commitment to quality and objectivity, as do the many financial institutions that rely on our statements.