Page 8 - Lets Talk Winter 2015 | Lipton Chartered Accountants
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PRAISED fOR LEgAcY Of INTEgRITY



Retiring Founding Partner Stephen Altbaum













which is tremendously flattering. The answer I timely service and scrupulous advice. He is a
give them is an unequivocal ‘yes’.” great adviser and personal friend.”

Steve’s colleagues, too, are glad that he will Steve’s approach to his clients grew from the
continue to be in his office much of the time. inspirational example of Harold Lipton, the
senior founding partner of the firm. Harold
The place would hardly be recognizable
without him. was dedicated to top-quality work and accepted
nothing less from everyone at the firm.
He has been there from the very beginning –
June 6, 1976, when a new firm of chartered “Harold was like a father to me,” Steve says.
accountants called Lipton, Wiseman,
“He was the moral and ethical leader of the
Greenspoon & Altbaum opened its doors in firm, the lighthouse beacon. To this day,
a small office at Leslie Street and Sheppard we still have Harold’s personal approach to
Avenue. It had a total compliment of 10
meeting clients’ needs.”
people in about 2,000 square feet.
Partner Michael Wagman, who has taken on
Steve was only 26 then. Some of the clients some of Steve’s clients, believes that Steve’s
he served as a newly minted partner are
character and principles continue to shape
still with him, and they still don’t want to the firm.
be without him when it comes to making
important decisions. “If you go to Steve’s desk, Harold’s picture
Things will be a little different for the clients, is there. And if you go to my desk, Steve’s
partners and staff at Lipton LLP commencing Norman Godfrey, president of real estate picture is there,” Michael says.
in 2015. Steve Altbaum, the only remaining developer Yorkwood Investments Limited,
remembers, “When I first met Steve almost “So you start with the founder, and then
founding partner of the firm, retired on
December 31, 2014 after 43 years of providing 40 years ago I had no idea he would become Steve carried on the legacy, and now the
service and advice to his clients. But things won’t such a key adviser to our family business and younger partners who learned from Steve are
be entirely different. Steve will still be there when such a close friend”. gladly accepting the mantle of responsibility
for the day-to-day care of Lipton’s clients.”
his clients and the people at the firm need him. “His knowledge, integrity, warmth and
understanding are just some of the reasons Partner Fred Arshoff, now one of the
“I could never deal with these people for literally
decades and then pick up and walk away,” Steve he is so deeply trusted by three generations managing partners of Lipton LLP, agrees that
Steve has been a profound influence.
of my family.”
says. “Many of my clients have become friends.
I have let my clients know I am retiring and Mark Mandlsohn, president of Bay Bloor He says, “What I primarily learned from
they all ask, ‘Are you going to be available? Can Radio, says, “For over three decades our
Steve was to do things in business the right
we still meet? Can I call you when I need you?’, business has benefited from Steve’s unfailing way, the ethically correct way, or not at all.”




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