Richard P. Nagy, CPA/ABV, CVA
EDUCATION & BACKGROUND
Rick received both his BBA (majoring in accounting) and Master's Degrees (majoring in finance) from the University of Toledo. He began working, as an accountant for a large, national CPA firm, then went into business as a USPTA tennis professional. In 1976, he returned to the accounting profession when he joined WDW as a staff accountant.
RESPONSIBILITIES AT WDW
Rick was admitted to the Partner group in 1979. He is responsible for the staff's continuing education and in charge of the ongoing operations of the Firm's specialty practice groups.
SPECIALTY AREAS
Rick has developed practice specialties in real estate and partnership taxation. The formation of family limited partnerships and the structuring of like-kind exchanges are examples of transactions in which he has assisted.
He has also helped many clients with tax and business issues surrounding purchases or sales of businesses. A natural outgrowth of this has been the development of business valuation skills used in succession planning, mergers and acquisitions, and estate planning. Rick has obtained the credential of ABV (Accredited in Business Valuation) and CVA (Certified Valuation Analyst).
PROFESSIONAL MEMBERSHIPS
BEHIND THE CREDENTIALS
How do you define success? By looking at the strength of my family - seeing my kids grow up to be good people and the same for my grandkids.
Why do you do what you do? I like the reward of seeing my clients be successful and know that I am helping them achieve this in some way.
What is the best advice you’ve ever received? Being successful is not a goal. It is the end product that often comes from hard work.
What is the best book you’ve ever read? The Inner Game of Tennis by Timothy Gallwey.
What did you want to be when you grew up? Believe it or not, I told my 8th grade guidance counselor I wanted to be a CPA.
What’s your claim to fame? Ranked #4 nationally in doubles.
If you were stranded on a desert island, what would you want to have with you? My family….or my golf clubs and golf balls (this type of question can really get you in trouble if you don’t say “my family.”)
What one thing about you would most people find surprising? I played the accordion when I was young.
If you could have lunch with anyone, living or dead, whom would it be? Warren Buffet.
What would you like to try? Racing an Indy car at Indianapolis Speedway.
