FTI Consulting

FTI Consulting, Inc.
Company typePublic company
IndustryProfessional services
Founded1982; 42 years ago (1982) (as Forensic Technologies International)
Founders
  • Joe Reynolds
  • Dan Luczak
HeadquartersWashington, D.C., U.S.
Area served
Worldwide
Key people
Steve Gunby (President and CEO)
ServicesCorporate finance & restructuring, economic consulting, forensic and litigation consulting, technology, strategic communications
RevenueIncrease US$3.03 billion (2022)
Number of employees
7,600+[1]
Websitefticonsulting.com

FTI Consulting (earlier Forensics Technologies International) is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications and technology.[2] FTI Consulting employs more than 7,700 staff in 31 countries and is one of the largest financial consulting firms worldwide.[1][3][4]

The firm was involved in the Lehman Brothers[5] and General Motors bankruptcies,[6] the investigation into the Bernard Madoff fraud,[7] Bush v. Gore,[8] the Major League Baseball steroid investigation,[9] and public relations works for fossil fuel industry clients.[10][11][12][13][14][15][16]

As of January 2020, FTI Consulting had the largest restructuring business in the US.[17] Within Public Relations, Strategic Communications and Public & Government Affairs, FTI is named amongst the global leaders and part of the Big Four strategic communications firms[18][19][20][21]

As of December 31, 2023, FTI´s clients include 98 of the world’s top 100 law firms as ranked by The American Lawyer Global 100 list, 83 out of the Fortune 100 companies, 64 of the top 100 private equity firms on the Private Equity International 300 list and 38 out of the world’s top 50 bank holding companies. In addition, they also serve a broad range of federal, state and local government agencies.[22]

  1. ^ a b "Office Locations - FTI Consulting Offices". fticonsulting.com.
  2. ^ "About | FTI Consulting". www.fticonsulting.com. Retrieved 2023-03-29.
  3. ^ "The Top 50 Consulting Firms In 2019 By Revenue, Prestige, Growth & Employee Satisfaction". consulting.com. Archived from the original on 2019-09-02. Retrieved 2019-05-15.
  4. ^ "America's Best Management Consulting Firms". Forbes. Retrieved 2019-05-15.
  5. ^ "Lehman Creditors Panel Hires FTI Consulting, Houlihan Lokey" Bloomberg News 18 September 2008.
  6. ^ FTI Consulting chairman: West Palm Beach is good for business South Florida Business Journal 27 Jan. 2012.
  7. ^ "Lawyers make millions off Madoff mess" CNNMoney 16 Feb. 2011
  8. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).
  9. ^ Kiplinger's Personal Finance. Kiplinger Washington Editors, Inc. 2008-06-01.
  10. ^ Paul D. Thacker (2019-12-18). "Fossil Fuel Giants Claim To Support Climate Science, Yet Still Fund Denial". HuffPost. Retrieved 2023-10-09.
  11. ^ Hiroko Tabuchi (2020-11-11). "How One Firm Drove Influence Campaigns Nationwide for Big Oil". New York Times. Retrieved 2023-10-09.
  12. ^ Billy Nauman (2020-11-16). "FTI Consulting faces client backlash over oil industry work". Financial Times. Retrieved 2023-10-09.
  13. ^ Billy Nauman; Attracta Mooney; Chris Flood (2020-11-22). "FTI axed by clients in fallout over oil industry work". Financial Times. Retrieved 2023-10-09.
  14. ^ "Chair Grijalva, Rep. Porter Send Second Request Letter to Fossil Fuel Public Relations Firm FTI Consulting, Threaten Subpoena". U.S. House Committee on Natural Resources. 2022-08-17. Retrieved 2023-10-08.
  15. ^ Nick Cunninghamon (2022-08-26). "House Committee Poised for Potential Subpoena of PR Firm for Climate Disinformation". DeSmog. Retrieved 2023-10-09.
  16. ^ Nick Cunninghamon (2022-11-30). "The PR Industry Has Been a 'Major' But 'Overlooked' Influence in Climate Politics for Decades, Says Study". DeSmog. Retrieved 2023-10-09.
  17. ^ "The Deal: Power Rankings".
  18. ^ "Back-covering is hurting entrepreneurs in the City". 23 February 2023.
  19. ^ ""Stunned at the Price": Industry Reacts to FGS/KKR Deal".
  20. ^ https://www.ft.com/content/b7edda60-e780-409e-a101-bc5a4781ec1b [bare URL]
  21. ^ "Sultans of spin: From M&A factories to advisers, the rise of PR giants".
  22. ^ https://ir.fticonsulting.com/shareholder-services/investor-faqs [bare URL]