WTAS, the US tax advisory firm, has just appointed James Raaf as managing director for its Chicago office effective 1 June.

Raaf has over 29 years of experience in tax and wealth planning, specializing in individual, corporate, partnership, and estate and gift taxation. Before WTAS, he was managing director at Harris myCFO.

WTAS' US network spans over 500 staff across 14 major cities. Raaf's appointment further strengthens the company's presence in the private client space, particularly at a time US investors are becoming more cautious with their wealth management activities and are looking for new ways to grow their portfolios.