IPA 100 firm Forvis Mazars (FY24 net revenue $2.15 billion) has named Spencer Schulten as the leader of its financial crime compliance consulting practice within financial services consulting. Schulten will join the firm’s risk and regulatory practice, focusing on anti-money laundering, sanctions compliance and securities regulation.
Schulten is a certified anti-money laundering specialist (CAMS), licensed attorney and executive-level management consultant with expertise in securities and derivatives compliance. He brings extensive experience leading high-profile internal investigations and transaction reviews for major financial institutions, including engagements requested by law enforcement and regulatory agencies. Schulten joins as a principal based in the firm’s Metro D.C. office and will serve clients nationwide.
“I am excited to join Forvis Mazars as the firm continues to build momentum nationally and globally through our network,” Schulten said. “I am looking forward to working with our teams and leveraging my expertise to add value for our clients across the country.”
Schulten’s leadership will strengthen Forvis Mazars’ capabilities in helping financial institutions navigate anti-money laundering and sanctions compliance challenges, mitigate risks and implement regulatory changes.
“Spencer’s background and experience make him an excellent fit for our risk and regulatory practice,” said Bill Rogers, partner and financial services risk and regulatory consulting leader at Forvis Mazars.