FTI Company

FTI Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

FTI Consulting, Inc. was founded in 1982 as Forensic Technologies International Corp. The company initially focused on providing forensic consulting services but has since evolved into a global business advisory firm, offering a wide range of services aimed at helping organizations manage change, mitigate risk, and resolve disputes.

Parent Company/Ownership Structure

FTI Consulting operates as a publicly traded company on the New York Stock Exchange under the ticker symbol "FCN." It is not owned by a single parent company but is instead owned by its shareholders, which include institutional and retail investors.

Headquarters Location

The corporate headquarters of FTI Consulting is located in Bowie, Maryland, with its executive headquarters situated in Washington, D.C. This strategic location places the company at the heart of the U.S. political and financial landscape.

Global Business Scope

FTI Consulting has a significant global presence, with employees in 87 cities across 33 countries and territories. The firm caters to various industries, including healthcare, financial services, government, and energy, providing multidisciplinary solutions through its various business segments.

Main Regulatory Bodies

As a publicly traded company, FTI Consulting is subject to regulations by the U.S. Securities and Exchange Commission (SEC). Additionally, its operations may be governed by various regulatory bodies in the countries where it operates, including financial regulatory authorities and industry-specific regulators.

Back to top

2. Company History and Development

Key Milestones

• 1982: FTI Consulting was founded as Forensic Technologies International Corp.
• 1996: The company went public, trading on the New York Stock Exchange.
• 2000s: Significant expansion into various consulting sectors, including economic consulting and strategic communications.
• 2010: Acquired several firms to enhance its service offerings and geographic reach.
• 2023: Reported over 7,990 employees and continued growth in revenue and client base.

Business Expansion Journey

FTI Consulting has expanded its service offerings through both organic growth and strategic acquisitions. The company has diversified its portfolio, moving beyond forensic consulting to include corporate finance, restructuring, and technology services. This expansion has allowed FTI to cater to a broader range of clients and industries.

Customer Base Growth

As of December 31, 2023, FTI Consulting serves a blue-chip client list that includes 98 of the worlds top 100 law firms, 83 out of the Fortune 100 companies, and numerous government agencies. The firm has established itself as a trusted advisor in the consulting industry.

Platform Development History

FTI Consulting has invested in technology and digital solutions to enhance its service delivery. The firm offers a comprehensive portfolio of digital insights and risk management consulting services, leveraging data analytics to support its clients effectively.

Important Awards or Recognitions Received

FTI Consulting has received numerous accolades for its work in various sectors. It has been recognized for its commitment to client service and innovation in consulting practices, further solidifying its reputation in the industry.

Back to top

3. Trading Services Offered

Forex Trading Options

FTI Consulting provides advisory services related to forex trading, but it does not operate as a forex broker. Instead, it offers insights and strategies for clients engaged in forex trading, which may involve various currency pairs.

Stock Trading Options

The company does not directly offer stock trading services but provides advisory services to clients in the financial sector, including investment banks and institutional investors, on trading strategies and market analysis.

CFD Trading Products

FTI Consulting does not directly offer Contracts for Difference (CFD) trading products. However, it provides consulting services to clients involved in CFD trading, helping them navigate regulatory compliance and risk management.

Other Financial Instruments

FTI Consulting engages in advisory services related to various financial instruments, including commodities and cryptocurrencies. The firm provides insights into market trends and regulatory considerations for clients trading in these areas.

Special Services or Unique Advantages

FTI Consulting differentiates itself through its multidisciplinary approach, combining expertise across various sectors, including legal, financial, and technological consulting. Its team comprises former regulators, industry experts, and data scientists, providing clients with a comprehensive understanding of complex business challenges.

Back to top

4. Regulatory and Legal Background

Detailed Regulatory Information

FTI Consulting operates under the oversight of several regulatory bodies, including:

• U.S. Securities and Exchange Commission (SEC): For compliance with public company regulations.
• Financial Industry Regulatory Authority (FINRA): For advisory services related to broker-dealers and investment advisors.
• Various global regulatory authorities: Depending on the regions in which they operate.

Legal Entity Structure by Region

FTI Consulting has established legal entities in various regions to comply with local regulations. This structure includes subsidiaries that specialize in different aspects of consulting and advisory services, enhancing their ability to serve clients in specific markets.

Client Fund Protection Measures

As an advisory firm, FTI Consulting does not directly hold client funds in trading accounts. However, it advises clients on best practices for fund protection and regulatory compliance, ensuring that they are aware of the necessary measures to safeguard their investments.

Countries/Regions Served

FTI Consulting serves clients globally, with a presence in major financial centers across North America, Europe, Asia, and the Middle East. This extensive reach allows the firm to provide localized services while leveraging its global expertise.

Compliance History

FTI Consulting has maintained a strong compliance record, adhering to regulatory requirements across the jurisdictions in which it operates. The firm regularly updates its compliance protocols to align with changing regulations and industry standards.

Back to top

5. Competitive Landscape

3-5 Main Competitors

FTI Consulting operates in a highly competitive environment, with several key competitors, including:

• AlixPartners: Specializes in turnaround and restructuring consulting.
• Navigant Consulting: Focuses on healthcare and energy consulting.
• Bain & Company: Offers a broad range of management consulting services.
• Deloitte: A major player in consulting across various sectors.

Positioning in the Industry

FTI Consulting positions itself as a trusted advisor in complex business scenarios, emphasizing its multidisciplinary approach and deep industry expertise. This positioning allows the firm to attract high-profile clients and maintain a competitive edge.

Market Differentiation Factors

FTI Consulting differentiates itself through its commitment to hiring top talent, including former regulators and industry leaders, and its ability to provide integrated solutions that address multifaceted business challenges. The firms focus on data-driven insights and technology-enabled solutions further enhances its market position.

Back to top

In conclusion, FTI Consulting stands out as a leading global business advisory firm, offering a wide range of services designed to help clients navigate complex challenges across various industries. With a strong regulatory framework, a commitment to compliance, and a robust competitive positioning, FTI Consulting continues to thrive in the dynamic consulting landscape.

For more information about FTI Consulting and its services, learn more.