US tax firm WTAS has promoted five directors in its New York office.
Efrat (Efi) Avigdor, Ellen Bonito, Matthew Castagne, John Farro, and Michael Maglio have all been made managing directors.
"With over 80 years of combined experience, this group has been a big part of our success in New York," says Joe Toce (pictured), office managing partner for the New York office.
Avigdor specialises in income and estate tax planning and compliance for high net worth individuals and families. Avigdor serves a variety of clients, including fund founders and managers, Wall Street executives, and other financially-savvy individuals.
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.
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. He has been instrumental in developing and managing the firm’s technology infrastructure throughout its growth.
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. He 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.
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.
Avigdor, Bonito, Castagne, Farro, and Maglio comprise five of the ten directors promoted at WTAS in January.
