Global consulting firm J.S. Held has made a significant addition to its capabilities by acquiring Luttrell Wegis, a specialized forensic accounting and business valuation firm based in California. This acquisition enhances J.S. Held’s family law and civil litigation services while marking a milestone in the firm’s 50th year of operation.
Strengthening Expertise in Family Law and Civil Litigation
Luttrell Wegis, with over 30 years of experience, has built a reputation for working with high-net-worth individuals and their legal teams in complex family law matters. The firm’s expertise includes:
- Asset tracing, valuation, and division of property
- Child and spousal support calculations
- Settlement consultations and discovery assistance
- Expert testimony
The firm also serves clients in civil litigation, handling valuation, forensic accounting, corporate dissolution, partnership disputes, and economic damages.
A Strategic Growth Opportunity
Co-founder Mark S. Luttrell, CPA, ABV, CFF, emphasized how the acquisition provides a platform for growth: “J.S. Held provides a remarkable platform to continue our growth trajectory. Their support structure ensures that our team can grow alongside the business.”
Jason Wegis, CPA, ABV, CFF, highlighted the value of J.S. Held’s complementary resources: “Expanded and complementary resources within J.S. Held will strengthen our capabilities, for example, leveraging other teams within the company to perform tangible and intangible asset valuation related to our core work.”
Enhancing J.S. Held’s Family Law Services
The acquisition bolsters J.S. Held’s already strong presence in family law advisory, with services ranging from financial research and analysis to expert witness testimony. David Weiner, Executive Vice President and Economic Damages & Valuations Practice Leader at J.S. Held, praised the addition of the Luttrell Wegis team: “Mark Luttrell and Jason Wegis have constructed a team and expertise that is a perfect addition to J.S. Held. Their proven track record in forensic investigations, asset valuation, and expert witness testimony in high-asset litigation is outstanding.”
Expanding J.S. Held’s Reach
The acquisition of Luttrell Wegis is part of J.S. Held’s broader strategy to expand its footprint and capabilities. With a global team of more than 1,500 professionals across six continents, the firm serves clients in industries ranging from law and insurance to Fortune 100 companies.
A Milestone in J.S. Held’s 50-Year Legacy
As J.S. Held celebrates its 50th anniversary, this acquisition underscores its commitment to growth and excellence in delivering valuation, forensic, and advisory services. For valuation practitioners, this move reflects the growing opportunities in niche markets like family law and high-asset litigation.
For boutique valuation firms, the acquisition highlights the importance of specialization and collaboration in staying competitive. By aligning with larger firms or expanding service offerings, valuation professionals can position themselves for long-term success in an evolving industry.
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