Washington, D.C., Dec. 20, 2022 - FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Michael Osherovitz, CPA, as a Managing Director and Head of the Private Client Tax group within the firm's Real Estate Solutions practice.
Mr. Osherovitz, who is based in New York, brings an extensive background in tax planning and compliance for family offices. He has played a leadership role in treasury, personal financial statement preparation, charitable giving, liquidity forecasting and trust and estate planning for high-net-worth individuals, family offices, partnerships, trusts and private foundations.
"Our Private Client Tax group works closely with high-net-worth individuals and real estate and private equity families that create or inherit substantial wealth and face challenges in managing their impact on current and future generations," said Ingrid Noone, a Senior Managing Director and Co-Leader of the Real Estate Solutions practice at FTI Consulting. "Michael's extensive background affords him a broad perspective to assist our real estate and private equity clients. We look forward to working with him as he leads the growth of this side of our tax practice." Mr.
Osherovitz joins FTI Consulting from Oak Hill Advisors, LP, where he was Head of Family Office and established and managed the family office for the CEO of a $50 billion-plus fund. Prior to that, he was the controller and tax director for Bolt Ventures, a family office, and has held positions that have included a Principal at Withum, and a Senior Manager at CohnReznick. Commenting on his appointment, Mr.
Osherovitz said, "Family-owned entities involved in real estate lend themselves to becoming multi-generational enterprises. As a result, they have a unique opportunity to develop and manage their financial wealth with a long-term view. FTI Consulting's Private Client Tax group is keenly focused on these needs and delivers deep real estate and private equity industry expertise to help clients navigate the evolving tax and personal finance environment, while planning for future generations." About the FTI Consulting Real Estate Solutions Practice FTI Consulting Real Estate professionals have the industry expertise and experience to help real estate owners, users, investors and lenders better navigate the market's complexities and manage its inherent risks.
As unbiased and independent advisors, FTI Consulting represents leading public and private real estate entities and stakeholders, including REITs, financial institutions, investment banks, private equity funds, insurance companies, pension advisors and owners/developers, offering real estate consulting services that help align strategy with business goals. About FTI Consulting FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional.
With more than 7,500 employees located in 31 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.78 billion in revenues during fiscal year 2021. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed.
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