Press Room

January 13, 2010

WTAS Promotes Five Directors in New York

The New York office of WTAS is full of potential as demonstrated by its recent promotions of five Directors. Efrat (Efi) Avigdor, Ellen Bonito, Matthew Castagne, John Farro, and Michael Maglio were promoted to Managing Director in early 2010.

“With over eighty years of combined experience, this group has been a big part of our success in New York,” said Joe Toce, Office Managing Partner for the New York office.

Efi Avigdor specializes in sophisticated income and estate tax planning and compliance for high net worth individuals and families. Efi serves a variety of clients, including fund founders and managers, Wall Street executives, and other financially-savvy individuals who seek both a tax professional and a trusted advisor.

Ellen Bonito handles engagements for high net worth family groups and individuals, involving income tax planning and compliance, succession and estate tax planning, carried interest planning, as well as planning for charitable giving. Previously, she worked with two international professional services firms in San Francisco, California and Boston, Massachusetts.

Matt Castagne is the firm-wide Managing Director for Technology Services at WTAS. He has overall responsibility for technology matters for the firm including decision making for new technology initiatives, system support, and planning and strategic alignment with the firm’s objective. Matt has been instrumental in developing and managing the firm’s technology infrastructure throughout its growth.

John Farro provides tax consulting and compliance services to the high net worth market, focusing on the income, fiduciary, estate, charitable giving and wealth transfer tax areas. John has worked with high level executives from large financial institutions and corporations as well as many hedge and private equity partners in the New York metro area.

Michael Maglio provides financial, tax and investment advice to high net worth individuals and has particular expertise in financial planning for senior corporate executives. He has worked extensively in the area of equity-based compensation planning, particularly with regard to stock options and other forms of deferred compensation.

“The experience and capabilities of these five individuals are a true asset to the firm,” commented Mark Vorsatz, Chief Executive Officer for WTAS. “They will be key components of our growth and development as a firm in upcoming years.”

Avigdor, Bonito, Castagne, Farro, and Maglio comprise five of the ten Directors promoted at WTAS in January.