Published On: Wednesday, 29 November 2017

Victoria's Hulko Cameron Wellburn Merges With MNP

Victoria's Hulko Cameron Wellburn Merges With MNP
The Victoria accounting firm will be merging with MNP effective January 1, 2018. (l-r) Jim Cameron, Sanci Solbakken and Steve Wellburn. (Photo Credit: MNP)

VICTORIA - MNP, Canada’s fifth largest national accounting and business consulting firm, announced today that Hulko Cameron Wellburn LLP, a Victoria-based accounting firm, will merge with MNP, effective January 1, 2018.

While Hulko Cameron Wellburn was looking to deliver more specialty services to the marketplace, MNP was looking to expand its presence and add more accounting and tax professionals in Victoria.

MNP has 18 locations across B.C. with the firm’s strategic plan calling for continued growth in the province. “As we continue to grow our firm to serve the needs of this thriving region, we are excited to welcome a well-established accounting firm that shares our values and client-centric approach,” says Darren Turchansky, MNP’s Executive Vice President of the B.C. Region.

“Since first opening in Victoria with a single team member in 2012, our office has grown rapidly to include a strong advisory practice, including team members specializing in public sector consulting, technology consulting, cyber security, and personal insolvency.

"Joining forces with Hulko Cameron Wellburn more than doubles our Victoria team and adds the experienced accounting and tax professionals we were seeking to complement our existing Victoria practice,” adds Turchansky.

Hulko Cameron Wellburn is a mid-sized accounting firm serving owner-managed businesses, high-net-worth individuals and professionals. The firm consists of three Partners – Jim Cameron, Steven Wellburn, and Sanci Solbakken, as well as one manager, 12 other accounting professionals, and two administrative staff.

Founded in 1976, the firm has served the Victoria market for more than 35 years and continues today as a proactive, reliable, professional services firm, committed to giving the highest level of expertise and service to their clients.

“Changing and dynamic market conditions are impacting the way businesses must operate – including our own firm,” explains Steven Wellburn, Managing Partner, Hulko Cameron Wellburn.

“We are continually looking at new ways to help our clients achieve their goals, and one of our goals is to enhance our current service offerings across all of the key sectors in our local economy.

"By joining MNP we can add more local and national resources, more specialized services, and a broader range of industry expertise and experience, all of which will provide our clients with even greater value in the future. It’s a great example of how two firms can come together to give our clients the edge they need to stay competitive and overcome current business and industry challenges.”

With one of the strongest economies in B.C., the Greater Victoria business community is comprised of mainly small and medium-sized businesses representing a wide range of sectors, including manufacturing, construction, transportation, tourism and advanced technology. The economic outlook for the region is for continued growth.

“As the Greater Victoria region continues to grow, so does the needs of the business community. Merging in a well-respected firm will allow both our firms and the business community to grow together and ensure MNP continues to meet the needs of the marketplace,” adds Turchansky.

Wellburn said one of the deciding factors when the partner group decided to join MNP was the culture. “Although MNP is a large national firm, it’s always been local in focus with a small-firm culture and commitment to supporting the local community. We knew joining MNP would be a good fit for our clients and our team and we are excited about the future.”

The Hulko Cameron Wellburn team will remain in their current location at 701-1803 Douglas Street and will be re-branded as MNP in the New Year.