As a Partner-In-Charge of the Healthcare Services Group, Russ has extensive knowledge of the unique accounting, tax and operational issues faced by the Healthcare industry. Russ has worked closely with ambulatory surgery centers, radiology groups, orthopedic surgery groups, and the larger medical practices. He specializes in helping privately-held businesses meet their strategic and financial goals and manage the challenges of growth, cash flow, and organizational restructuring. Russ provides guidance on matters such as business structuring, mergers and acquisitions, compensation formulation, and complicated tax matters. He has represented many healthcare clients before the Internal Revenue Service and state taxing authorities.
With over 20 years of diversified tax and accounting experience, Russ Faye is a member of the Wiss Real Estate Services Group, representing some of the most well known and prestigious development and management entities in the tri-state area. He also has extensive industry experience with construction, retailers, distributors, professional services and high net worth individuals.
Russ takes pride in forging strong client relationships and in providing outstanding client service. He actively looks to provide clients with recommendations to enable them to grow their businesses and to minimize corporate and individual taxes. His proactive approach and dedication to client relationships makes Russ an invaluable trusted advisor to his clients.
An expert in business structuring, tax free exchanges, sales and purchases of business and cost segregation studies, Russ has lectured before professional organizations and business groups on various business and tax topics. He was honored by NJBIZ as a “Forty Under 40” rising star.
BS – Accounting
Misericordia University
Certified Public Accountant in New Jersey
American Institute of Certified Public Accountants
New Jersey Society of Certified Public Accountants
National Society of Certified Healthcare Business Consultants
New Jersey Association of Ambulatory Surgery Centers
National Association of Industrial and Office Properties (NAIOP)
Global Business Roundtable
Russ is a sports enthusiast. He enjoys playing basketball and coaching a variety of sports teams for his children. Russ resides in Newton, NJ with his wife and children.
Russ is heavily involved with the community by supporting many activities with disabled children’s charities.
How do you interpret the secret to happiness?
Treat others with as much care as you would your own family.
If you were not doing this, what would you be doing?
I would be working in an auto body shop. I love old cars and happen to have a metallic silver ’73 Firebird Formula and a white ’69 Camaro.
What is the best professional advice someone ever gave you and you still live by?
It’s not what you know, it’s who you know.