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FTI Consulting Continues Investment in EMEA Tax Capabilities with Addition of Two Senior Hires
Globenewswire· 2025-11-10 08:00
Core Insights - FTI Consulting has enhanced its Tax Advisory team in the EMEA region by adding two senior experts, Marcus Rea and Thomas Lassey [1][3] Group 1: New Appointments - Marcus Rea joins as Senior Managing Director with over 25 years of experience in tax aspects of complex restructurings and financial transactions [2][4] - Thomas Lassey has been appointed as Managing Director, bringing 13 years of experience in indirect and direct tax compliance and advisory [2][5] Group 2: Expertise and Roles - Mr. Rea's expertise includes lending reviews, distressed M&A, and strategic capital decisions for underperforming businesses, and he will lead the expansion of the pan-European restructuring tax advisory team [3][4] - Mr. Lassey will lead the VAT service offering for family groups, multinational organizations, and sovereign wealth funds in Abu Dhabi [5][6] Group 3: Company Strategy and Vision - The addition of Rea and Lassey is aimed at enhancing FTI Consulting's ability to support clients on tax implications of corporate and transactional matters in a challenging market [3][6] - The company emphasizes the importance of high-quality tax advisory expertise as a vital part of its corporate finance offering [6] Group 4: Company Overview - FTI Consulting is a leading global expert firm with over 8,100 employees in 32 countries, generating $3.70 billion in revenues during fiscal year 2024 [7]
$30B Prime Capital Financial Nabs Texas Firm to Create Tax Division
Yahoo Finance· 2025-10-21 18:29
Core Insights - Prime Capital Financial is expanding its services by acquiring a Texas-based tax advisory firm to establish a Prime Capital Tax Advisory division, aiming to provide a comprehensive range of client services [1][2] Company Developments - The acquisition will enhance Prime's tax offerings, which previously included only compliance services from certified tax preparers and external partners [2] - The tax advisory firm has approximately 30 employees who will contribute to tax planning, compliance, accounting, and business advisory services [2] - Founders Nick Wanzor and Frank Hartman will become partners at Prime Capital Tax Advisory, with Josh McNamara joining as a managing partner [2] Strategic Goals - Prime Capital's president of wealth management and chief investment officer, Scott Duba, noted that high-net-worth clients have been seeking integrated tax advisory services, which will now be available within the same team [3] - This acquisition is part of Prime Capital's multi-year strategy to develop a "complete wealth management platform," following the earlier launch of Prime Capital Family Office, which was established by acquiring a $1.55 billion family office in Austin, Texas [3] Service Expansion - Over the past year, Prime Capital has broadened its capabilities in various areas, including tax advisory, family office services, alternative investments, insurance solutions, trust and estate services, and retirement plan services [4] - Clients have expressed a desire for more solutions from their financial advisors, indicating a trend towards integrated service offerings [4] Tax Advisory Integration - The integration of tax advisory services is expected to enhance coordination and improve long-term outcomes for clients, as stated by tax advisor Josh McNamara [5] - The deal will also bring in additional partners and tax advisors, Summar Schiller and Spencer Gregg [5] Company Profile - Prime Capital operates 70 offices across the U.S. and manages a total of $30 billion in assets, with $16.5 billion being discretionary and $13.6 billion non-discretionary [6]