WTP Advisors Launches Business Advisory Services

WHITE PLAINS, N.Y., Aug. 18 /PRNewswire/ -- WTP Advisors, formerly Worldwide Trade Partners, formally announces the creation of a Business Advisory Services (BAS) division in addition to its existing Tax Advisory offerings. The practice expansion corresponds with the increasing demand for the dramatic results that WTP Advisors delivers, and the name change reflects the broader set of 'advisory' services offered by the firm.

"The word is out. Companies that have engaged WTP Advisors, ranging from Fortune 500 multinationals to small and medium sized businesses, have become exponentially more efficient and profitable. We maintain strong relationships with our clients, we are staffed with seasoned professionals, and our technology is superior to that of our competitors. We feel confident that WTP is poised to become a major global consultancy," says Michael Minihan, co-founder and Principal of WTP Advisors.

WTP's Business Advisory Services includes a set of six specific practices, each of which is rooted in quantitative sciences.  In fact, WTP's corporate precept, for both Tax and Business Advisory Services, is "Quantitative Excellence," referring to its ability to unlock the hidden value in a business's data and improve the bottom line.

For example, David Baratz, Director of WTP's Business Advisory Services, has been able to help a multimillion dollar interstate automotive client significantly increase its overall profit and secure the interest of a large investor.  By carefully analyzing years of previous sales data as well as a monthly capture of key business metrics, WTP Advisors created a segmentation methodology within the portfolio of vehicle accounts and was able to show huge differences in profit amongst these segments. WTP then made recommendations on how to maximize future profits based on these differences, and helped the client evaluate many factors including the risk of repossession, which in turn increased the bottom line.  

"What we do is quantitatively driven; it's not the kind of information you can simply grab from an excel spreadsheet. You also need the right business advisors who can interpret the data," notes Baratz.

WTP Advisors is a leader in tax and business advisory services for a global marketplace. Our highly-skilled professionals equipped with years of industry experience, coupled with our cutting-edge technologies, make substantive and long-term differences to an organization's profitability. WTP Advisors is headquartered in White Plains, New York, with offices across North America, Asia and Europe.

SOURCE WTP Advisors

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