HSBC’s Wealth and Tax Advisory Services, Inc (‘WTAS’), an independent (unaffiliated with an auditing firm) provider of tax, valuation, financial advisory and related consulting services, today announced that it has opened an office in East Palo Alto. The office, led by Martin O’Malley, managing director, is part of a strategic expansion by WTAS to extend its reach to clients in Silicon Valley. The office is located at 1950 University Avenue, Suite 350, East Palo Alto, CA 94303. This is the third office WTAS has opened in 2006.

“WTAS has been serving the tax and valuation needs of businesses and high net worth clients since 2002,” said Mark Vorsatz, chief executive officer of WTAS in San Francisco. “With the opening in East Palo Alto, WTAS is now present in 11 locations throughout the USA, staffed by highly experienced, qualified and respected professionals.”

“We have experienced strong growth in demand for our services in Northern California and the addition of the new office will enable us to focus on serving the needs of those in the private equity, venture capital and technology areas,” added Martin O’Malley.

O’Malley has provided tax consulting services to businesses and high net worth individuals in Silicon Valley for more than 20 years.

WTAS is a member of the HSBC Group, one of the largest financial services groups in the world. The new office complements HSBC’s expansion efforts in California and the WTAS San Francisco office.

More articles in Pressroom