Forensic & Valuation Services, PLC

What Forensic & Valuation Services, PLC does

Forensic & Valuation Services, PLC is a privately-held professional consulting firm founded in 2003 and headquartered in Memphis, Tennessee, with a secondary office in Knoxville. The firm delivers specialized forensic accounting, forensic economics, business valuation, divorce analytics, fraud investigation, and expert witness testimony services to attorneys and litigants. It explicitly does not perform traditional CPA work such as tax preparation or audits, allowing complete focus on litigation-support engagements. Customer concentration is on the family law bar (divorce property division, alimony, pension valuation, business valuation in marital dissolution) and personal injury/wrongful death counsel (loss of earning capacity, economic damages), with secondary demand from businesses and owners needing valuation, fraud investigation, or commercial dispute support.

The firm's service portfolio spans four core lines: Business Valuation (for divorce, sale, acquisition, merger, estate, and gift contexts), Divorce Analytics and Forensic Accounting (property division, alimony need and ability to pay analysis, defined benefit pension valuation, separate property and dissipation tracing), Forensic Economics (economic damages for personal injury, wrongful death, wrongful termination, lost business profits, and commercial litigation), and Fraud & Embezzlement Investigation (cash diversion, receivables lapping, inventory theft, payroll fraud, and contract fraud). All engagements culminate in expert witness testimony or formal valuation reports. The firm uses proprietary analytical methodologies (including Marital Balance Sheet frameworks and Alimony Needs and Ability to Pay analysis) but does not disclose any proprietary software platform or technology architecture.

The firm operates as a two-practitioner boutique: Robert Vance (CPA, ABV, CFF, CVA) as Owner and Principal with 179 court/arbitration testimonies, 146 depositions, and qualification across 67 courts/jurisdictions, and Michael J. Pascal (JD, CVA) as Associate and Senior Analyst with 37 court testimonies and qualification in 22 courts. Revenue is generated through engagement-based professional services billing, with work channeled primarily through attorney referrals, court appointments, and direct client engagement. Geographic reach covers Tennessee, Mississippi, Georgia, Arkansas, Alabama, and Kentucky, with additional states served upon request. Marketing is conducted through LinkedIn, SlideShare, published articles, Tennessee Bar Journal contributions, and CLE/professional conference presentations.

Name

Forensic & Valuation Services, PLC

Legal name

Forensic & Valuation Services, PLC

Website

https://forensicval.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Forensic & Valuation Services, PLC is a Memphis-based consulting firm providing forensic accounting, business valuation, divorce analytics, fraud investigation, and expert witness testimony to attorneys and litigants across the southeastern United States.

Ownership category

akta.pro rank

Product category

Forensic Accounting and Business Valuation Services

NAICS

All Other Legal Services (541199), Other Legal Services (54119)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Forensic Accounting & Fraud Investigations (BPAHANAH)

akta.pro secondary industries

Business Valuation & Litigation Support (BPAHABAK), Litigation Support & Expert Witness (Valuation-Related) (BPAHANAG), Litigation & Dispute Valuation (damages, shareholder disputes) (FSAEAHAI)

Keywords

• Forensic accounting
• Business valuation
• Expert witness testimony
• Economic damages analysis
• Fraud investigation

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Professional Consulting Services: Expert witness testimony, forensic accounting engagements, business valuation services, and divorce analytics consulting provided to attorneys and individuals involved in legal proceedings.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Forensic & Valuation Services, PLC is a Tennessee-based consulting firm providing forensic accounting, business valuation, forensic economics (economic damages for personal injury, wrongful death, and business disputes), divorce analytics, and fraud investigation services, complemented by expert witness testimony in federal and state courts. The firm serves attorneys, individuals, and businesses involved in litigation across Tennessee, Mississippi, Georgia, Arkansas, Alabama, Kentucky, and other states upon request.

Product overview

Forensic & Valuation Services, PLC is a professional consulting firm offering specialized forensic accounting and business valuation services through four interconnected core service lines: Business Valuation, Divorce Analytics and Forensic Accounting, Forensic Economics (for personal injury, wrongful death and business disputes), and Fraud & Embezzlement Investigation. The firm also provides expert witness testimony services. All services are delivered by credentialed professionals (CPAs, CVAs, CFFs, ABVs) and support clients across Tennessee, Mississippi, Georgia, Arkansas, Alabama, Kentucky and other states. The company does not perform traditional CPA firm work like tax preparation and audits.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Valuation Business valuation services for closely-held businesses and professional practices in divorce, sale, acquisition, merger, business combinations, non-controlling interests, share-based compensation, estate and gift contexts, and litigation, serving clients across Tennessee, Mississippi, Georgia, Arkansas, Alabama, Kentucky, and other states.
• Divorce Analytics and Forensic Accounting Divorce analytics services including property division, alimony need and ability to pay analysis, defined benefit pension valuation, separate property analysis, dissipation and tracing, commingling and asset tracing, business valuation, and expert witness testimony.
• Forensic Economics - Damages for Personal Injury, Wrongful Death and Business Disputes Forensic economics services calculating economic damages including loss of earning capacity, personal injury, wrongful death, wrongful termination, lost business profits, breach of contract, and commercial litigation damages for cases across Tennessee, Mississippi, Kentucky, Georgia, Arkansas, Alabama, Missouri, Louisiana, Ohio, Maryland, and Texas.
• Fraud & Embezzlement Investigation Fraud investigation services covering cash diversion, accounts receivable lapping, inventory thefts, accounts payable vendor frauds, payroll/phantom employees and overpayments, payroll tax embezzlement, and contract fraud.
• Expert Witness Testimony Expert witness testimony services in federal and state courts in Memphis, Nashville, Knoxville, Chattanooga, and across more than 70 different courtrooms and 67 jurisdictions.

Quantifiable outcome

• Over 40 appellate cases cite the firm's analysis and testimony
• +2 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Kroll: Global investigations, risk, and litigation-support firm with dedicated forensic accounting, expert witness, and business valuation practices for divorce, commercial disputes, and fraud matters - the same core service stack FVS delivers, but at much greater scale and geographic breadth.
• FTI Consulting: Global consulting firm with a large Forensic and Litigation Consulting segment providing expert witness testimony, economic damages analysis, business valuation, and forensic accounting. Directly comparable to FVS as a higher-end, broader portfolio version of the same expert-witness and damages service lines.
• J.S. Held: Specialty consulting firm providing forensic accounting, business valuation, expert witness testimony, and economic damages across numerous industries. Overlaps with FVS across service lines and has expanded aggressively into regional markets via acquisitions, posing a credible competitive threat.
• Stout: International advisory firm with active disputes, valuations, and forensic accounting practices delivering expert testimony, economic damages, and business valuation. Operates a broader portfolio but overlaps substantially with FVS's litigation-support and valuation offerings.

Direct peers

• Compass Lexecon: Economic and financial consulting firm providing expert testimony and damages analysis in litigation and arbitration. Comparable to FVS at the expert-witness/economic-damages level, especially on commercial disputes and damages engagements.
• Econ One Research: Boutique economic consulting firm focused on economic damages, forensic accounting, and expert witness testimony in commercial and personal injury disputes. Closely comparable scale and service mix to FVS, with similar reliance on named expert credibility.
• BVA Group: Boutique business valuation and litigation support firm providing valuation, damages analysis, and expert testimony. Comparable scale and service focus to FVS, particularly on the business valuation and litigation support service lines.
• NERA Economic Consulting: Economics consultancy providing expert testimony and economic damages analysis in litigation, regulation, and arbitration. Highly comparable to FVS's forensic economics service line, particularly for personal injury, wrongful death, and commercial damages.
• Analysis Group: Specialist economic and financial consulting firm providing expert witness testimony, economic damages, and forensic accounting in litigation and arbitration. Closest direct peer to FVS in terms of expert-witness-led service delivery in damages and valuation matters.
• VMG Health: Specialized healthcare valuation and damages firm providing business valuation and expert testimony in healthcare-related litigation, divorce, and transactions. Comparable as an expert-driven valuation/expert-witness firm, though FVS is more diversified across practice types.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/in/robertvanceforensicval

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forensic & Valuation Services, PLC