Anthony Alfonso

Anthony Alfonso

National Managing Principal; Global Valuation Leader & Corporate Finance Co-Leader


BDO Phoenix Office



Executive Summary

Anthony Alfonso is the National Managing Principal of the firm’s Valuation & Capital Market Analysis Practice and Valuation Global Leader of BDO’s International Corporate Finance Group. He has more than 25 years of financial services experience providing valuation and transaction advisory services to a wide range of organizations and industries. Formerly an equity trader and investment banker, Tony brings capital markets experience when working with clients to provide advisory services that achieve a range of business and strategic objectives. In addition to providing valuation services, his practice provides fairness opinions, business case analysis, feasibility studies, decision prioritization analysis, risk/reward analysis and financial modeling.

Tony is also experienced in valuing complex financial instruments, including cryptocurrency, contingent consideration, options and swaps, in addition to engagements involving predictive modeling. He has provided expert witness testimony in several jurisdictions related to valuation matters. Prior to joining BDO, he held leadership roles with Houlihan Lokey, providing valuations for tax and financial reporting and with a Big Four accounting firm in its economic and valuation services practice. Tony began his career in corporate finance with a regional investment bank and was also an institutional equity trader with a major international bank.

Tony is frequently quoted in industry trade publications and major media outlets.

Professional Affiliations

American Society of Appraisers, Accredited Senior Appraiser
FINRA General Securities Representative (Series 7 and 63) 
Royal Institute of Chartered Surveyors, Chartered Valuation Surveyor
Royal Institute of Chartered Surveyors Americas, Business Valuation Sub-Board of Directors


M.B.A., Katz Graduate School of Business, University of Pittsburgh
B.S., Financial Planning, Purdue University

Community Involvement

Arizona Humane Society, Board Member and Finance Committee Member
Fresh Start Women’s Foundation, Board Member, Men’s Board
Maricopa Community Colleges Foundation, Board Member
The Johnson Family’s Mission 31, Legacy Donor