Top 10 Best Third Party Valuation Services of 2026

EY supports independent valuation work for businesses, interests, and financial instruments through structured engagement delivery that starts from the valuation purpose and ends in a formal valuation report. The engagement letter and statement of work framing is usually detailed enough to drive consistent inputs such as management projections, key valuation assumptions, and discount rate components. Teams get a documented set of valuation approaches that can include income and market methods with explicit valuation adjustments. Sensitivity analysis is commonly included for key variables when the valuation purpose requires documented range reasoning.

A tradeoff appears in coordination overhead for buyer-side teams, since EY typically requires tight input data governance from internal owners for models and assumptions. EY fits best when deal timelines still allow iterative assumption confirmation and when a buyer-side committee needs defensible reasoning for purchase price support or internal investment decisions. It is also a strong fit when the valuation needs overlap with financial reporting or regulatory expectations, because the team can align the final outputs with the engagement purpose.

FTI Consulting typically handles buy-side diligence, shareholder disputes, and accounting-driven valuations that require clear linkage between valuation assumptions and the valuation purpose. Its engagements often combine scenario modeling with qualitative assessment of drivers like growth rates and discount rate inputs, which reduces gaps between underwriting and the final valuation report. Teams usually get a structured statement of work that assigns responsibilities across data collection, model construction, and review cycles.

A tradeoff exists in that FTI Consulting engagements rely on buyer-provided information quality for management projections and relevant transaction or market comparables. The strongest usage situation is when the buyer needs a defensible third-party appraisal with explicit valuation assumptions, plus sensitivity analysis that can withstand stakeholder review.

PwC supports independent valuation work via valuation engagement letters and scoped statement of work that define valuation purpose, subject, and the agreed standard of value. Engagement teams commonly build models using recognized valuation approaches such as income and market methods, then document assumptions, valuation adjustments, and sensitivity analysis. The firm’s strength is governance and traceability across drafts, where review cycles focus on logic links from projections to discount rates and multiples to derived value ranges.

A key tradeoff is that PwC delivery is typically optimized for structured engagements with defined inputs, so turnaround depends on timely provision of management projections and normalization inputs. PwC fits situations where buyer-side teams need a credible valuation report format for high-stakes decisions, such as complex financing or purchase price support.

Kroll is a third-party valuation firm used for independent valuation engagements and fair value measurement workstreams that require credentialed expertise across valuation approaches. It delivers valuation engagement letters and statement-of-work driven outputs such as valuation reports with explicit valuation date, premise of value, and valuation assumptions.

Kroll also supports cross-functional governance needs through documented scope controls that define the valuation purpose and constrain changes to core assumptions. For buyer-side teams, Kroll’s distinctiveness shows up in how valuation adjustments, review support, and assumption narratives are packaged for audit-ready decision workflows.

Stout delivers independent third-party valuation engagements that produce management-ready valuation reports with documented assumptions and methods. The service model centers on scoping a valuation purpose and writing a statement of work that maps valuation date, subject, and standard of value to the chosen valuation approach.

Stout’s execution emphasizes supervised analysis of inputs for discounted cash flow and market-derived multiples, plus valuation adjustments used in real-world transaction and financial reporting contexts. Engagement output is structured around a formal valuation report package suitable for review by internal valuation committees and external stakeholders.

Houlihan Lokey serves buyer-side and corporate clients that need independent valuation support for transactions, disputes, and reporting under defined valuation purposes.

The firm delivers third-party appraisal teams that produce valuation reports grounded in stated assumptions, valuation approaches, and a documented sensitivity analysis.

Delivery is commonly structured through a valuation engagement letter and statement of work that align valuation date, standard of value, and scope with stakeholder review needs.

For teams that require consistent methodologies across multiple valuation subjects, Houlihan Lokey brings repeatable workflows across income, market, and asset-based analyses.

KPMG brings valuation work that is delivered as professional services with structured engagement planning and documented methodologies for fair value and market value opinions. The service set commonly covers discounted cash flow analysis, comparable company analysis, and precedent transaction analysis with sensitivity analysis on key assumptions.

Client execution typically centers on a statement of work and valuation engagement letter that define the valuation purpose, valuation date, and reporting format before fieldwork begins. Compared with smaller appraisal firms, KPMG’s differentiation is scale of credentialed appraisal teams and internal review processes across complex capital structures and dispute-prone fact patterns.

Grant Thornton is an independent valuation and third-party appraisal firm that supports fair value measurement and market value opinions across complex deal and reporting situations. Its core work product is the valuation engagement letter to statement of work workflow that pairs valuation purpose, valuation date, and standard of value with documented assumptions and valuation approaches.

The firm’s deliverables typically cover income, market, and asset-based methods with sensitivity analysis tied to discount rates and key input ranges. Engagements are run through professional appraisal teams, with formal documentation of valuation assumptions and valuation adjustments to support review of the valuation report.

CBIZ delivers independent valuation services through credentialed appraisal teams that support third-party valuation engagements for financial reporting and transactional decisions. Typical outputs include valuation report deliverables built around documented assumptions, valuation approaches, and reconciliation of valuation inputs to a stated valuation purpose and valuation date.

CBIZ engagement handling emphasizes project scoping via an engagement letter and statement of work, then structured execution through analyst review cycles and sign-off by senior valuation professionals. The service model is primarily managed consulting rather than software delivery, so integration, API access, and automation features are limited compared with systems built for valuation workflow tooling.

BDO is a valuation and advisory firm that delivers independent third-party appraisal and fair value measurement support for transactions, reporting, and disputes. Its core capability centers on credentialed valuation professionals producing valuation reports with defined valuation dates, stated assumptions, and walkthroughs aligned to the valuation purpose.

BDO teams typically tailor valuation approach selection across income, market, and asset-based methods, then document discount rate and valuation multiple logic for review. Engagement governance is driven by a formal valuation engagement letter and statement of work that controls scope, standard of value, and deliverable formats.