In 2005, Jim Fyhrie and Dave Wain launched Worldwide Trade Partners LLC, along with two additional former Big 4 international tax specialists. They did so based on their idea that there was a more innovative way to deliver tax consulting services. Their strategy was to provide clients effective and affordable quantitative tax analytics, international tax, and export incentives tax services. The goal was to deliver these services via experienced tax consulting specialists using sophisticated internally developed technology tools and processes. They believed this approach contrasted favorably with the model used by large accounting firms that delivered tax consulting services utilizing less experienced consultants unaided by technology or process.
This belief proved to be correct and the firm grew rapidly from 2005 to 2014. The firm expanded its presence across North America and developed strategic relationships with firms enabling it to address clients’ needs in various countries around the globe. The firm rebranded to WTP Advisors and its services expanded from quantitative tax analytics, international tax and export incentives to include transfer pricing and international valuation. Brian Schwam merged his international tax practice into the firm in 2010 and Guy Sanschagrin joined in 2011 to expand the firm's transfer pricing practice. Since that time, Brian and Guy have spearheaded a significant part of WTP’s growth by developing strategic relationships with CPA firms and law firms, seamlessly partnering with them to deliver high-quality international tax and transfer pricing services to the firm and its clients.
On November 11, 2014, it was announced that the portion of WTP Advisors located in New York was being spun-off and sold. Simultaneously, Schwam and Sanschagrin joined Fyhrie and Wain as partners, making up the current WTP Advisors leadership team.
Today, WTP is an independent firm specialized in International Tax, Export Incentives (IC-DISC), Transfer Pricing, Valuation and Tax Process Innovation Solutions. During the past three years, WTP has moved its specialized software tools to the web where they are available to be licensed by third parties desiring to have their own personnel use the WTP tools. The firm operates throughout North America and covers over fiftycountries through strategic alliances with firms worldwide. Our clients include public and private companies, ranging from emerging businesses to large multinationals spanning a wide spectrum of industries.