WTP Advisors in White Plains has added a forensic accounting practice area to its tax and business advisory services through a merger deal with Boucher Stickley Group L.L.C., announced today.
A forensic accounting and litigation support firm based in Manhattan, BSG is known for its pioneering systems used to perform complicated quantitative analysis related to controversy resolution, according to the WTP announcement. Founded in 2010 by David Boucher and Timothy Stickley, the small firm grew out of a software development and business consulting company, Decision Modeling Inc.
WTP Advisors acquired Decision Modeling”™s consulting arm, Interest and Penalty Advisors L.L.C., in 2011.
Stickley in a press release described him and Boucher, both certified in financial forensics, as “the ones who sift through the details, analyze and interpret complex financial transactions, investigate the paper trail and recreate what actually happened, whether providing support in a litigation dispute or offering consultation as to whether the books and records of a subsidiary accurately portray business operations or show some evidence of internal fraud.”
The forensic accountants have worked with the American Arbitration Association, oil companies and other multinational corporations, uranium trading businesses and several smaller-scale companies.
Ian Boccaccio, co-founder and partner at WTP Advisors, said his firm “partnered with BSG to bring the specialized skill set of forensic accounting to our Fortune 100 client base, further bolstering our ability to provide best in class advisory services.”
Financial terms of the merger were not disclosed.
