Our engagements are structured to foster a long-term, strategic partner approach with our clients.  For this reason, our assignments normally comprise assistance in multiple areas to ensure that our client firms have the greatest likelihood for reaching their fullest potential.  Although select engagements with certain public as well as private clients may entail the accomplishments of only a single mission in a relatively short timeframe, our projects are generally six to twelve months in duration.  In some circumstances, particularly those involving the placement of high profile individuals on corporate boards, turnaround situations, and utilization of interim executive management talent, clients will desire for a more extended engagement arrangement.  We have the capability of putting full-time consultants in place on behalf of a client, although our focus is to provide strategic assistance to an established management team already in place.

Fees are structured to be consistent with our long-term, strategic partner approach.  Most engagements consist of a modest monthly cash retainer, coupled with a mutually agreed success fee based on specific objectives being attained.  A portion of the success fee arrangement almost always consists of some form of long-term equity participation, generally in the form of warrants or options with specific rights.  WSMC will generally not accept restricted stock in private companies as a basis for compensation due to unfavorable tax consequences.