Ricardo has over 16 years experience advising multinational and domestic companies on unclaimed property matters. Ricardo has provided clients with unclaimed property general consulting, audit defense and compliance services in many industries including healthcare, manufacturing, entertainment, oil & gas, business services, multi-level marketing, logistics, real estate and retail. As the firm's West Coast and Texas Unclaimed Property Practice Leader, Ricardo has established professional relationships with many of the state unclaimed property administrators in handling client matters and has successfully negotiated voluntary disclosure agreements on behalf of clients and provided audit representation services. Ricardo manages all of the firm’s voluntary disclosure agreements with state of Delaware.
As part of this role, he is directly responsible for completing and securing appropriate settlements for over 100 DE VDA clients. In addition, Ricardo has significant experience with oil & gas related field services companies in Texas and Southwest. He has negotiated many Texas VDAs and audits with Texas Comptrollers office mitigating millions of dollars of risk for his clients relating to misclassified suspense accounts and royalty issues.
Ricardo has significant escheat planning experience and has helped many clients mitigate exposures through intercompany planning techniques and strategies. Through reviews of client records and assistance with escheat matters, Ricardo has developed Global Mapping consulting that assists clients in further reviewing, identifying, internal control or accounting weaknesses and provision of recommended corrective action steps for process improvement. Through these process improvements, Ricardo is able to further assist clients in achieving their operational and financial goals.
Ricardo is a frequent presenter at COST, TEI, FEI, and other accounting and tax organizations, He has presented on numerous BDO and external webinars as well. Prior to joining BDO, Ricardo worked with Ryan, Inc and True Partners Consulting in their unclaimed property consulting practice.