Kristopher R. Hallengren


Managing Member

As a partner at Vallit Advisors, Kris has over 20 years’ of experience, the last 15 of which, have been solely focused on dispute consulting, forensic accounting and business valuation as well as expert witness testimony in complex litigation matters. He frequently presents to local and regional organizations. Mr. Hallengren is focused on providing valuation and forensic services as well as expert testimony in a wide variety of complex litigation matters. Mr. Hallengren is a Certified Public Accountant (CPA), Accredited Senior Appraiser (ASA) by the American Society of Appraisers, Accredited in Business Valuation (ABV) and Certified in Financial Forensics (CFF) by the American Institute of Certified Public Accountants (AICPA).

  • Master of Science in Finance, Loyola College, 2008
  • Bachelor of Science in Accounting and Math (concentration Statistics), Salisbury University, 2000
  • Litigation Bootcamp (40 hour program), National Association of Certified Valuation Analysts, 2008
  • Fundamentals of Business Valuation (120 hour program), American Society of Appraisers, 2005
  • CPA, licensed to practice in Maryland since 2001
  • ABV, accredited in business valuation by the AICPA since 2008
  • CFF, certified in financial forensics by the AICPA since 2008
  • ASA, accredited senior appraiser of the American Society of Appraisers since 2008

Kris has been qualified and testified in court and/or deposition as an expert witness in nearly 60 bench and jury trials as well as arbitrations involving shareholder disputes, marital dissolution, intellectual property, economic damages and white collar criminal defense, as well as a variety of other disputes. In addition, he has served as a court-appointed expert.

  • Secretary/Treasurer of Maryland Chapter of American Society of Appraisers
  • Former Chair of Business Valuation/Forensic Services Committee for the MACPA
  • Former Chair of New/Young Professionals Network for the MACPA
  • Member of Salisbury University Career Advisory Board
  • Past Advisor to Loyola College’s Endowment
  • American Institute of Certified Public Accountants
  • Worked on a case of first impression which interpreted what “fair value” means in Maryland in the context of a shareholder dispute
  • Provided deposition and trial testimony in a trade secret misappropriation jury trial resulting in a favorable damage award
  • Valued a $250 million business for purposes of settlement negotiations with the US government in an eminent domain case
  • Allocated the active vs. passive appreciation of a pre-marital business interest which appreciated from $2 million to $32 million dollars during the course of a marriage
  • Vallit Advisors – 2019 to present
  • Weyrich, Cronin & Sorra – 2008 to 2019
  • Clifton Gunderson – 2004 to 2008
  • SC&H Group – 2003 to 2004
  • Ellin & Tucker – 2002 to 2003
  • Arthur Andersen – 1999 to 2002

“Scrutinizing Tax Returns in Litigation”

  • CLE presentation, Harford County Women’s Bar Association, October 2019

“How the Tax Law Changes are Affecting Alimony and Child Support- How are the Trial Courts Handling This?”

  • Maryland State Bar Association (MSBA), Legal Summit & Annual Meeting, June 2019

“Family Law and Divorce Tax-Revisited”

  • American Bar Association (ABA), Solo and Small Firm Newsletter, May 2019

“Mathematical Modeling in the Courtroom”

  • Presentation, Salisbury University, February 2019

“Family Law and Divorce Tax – Revisited”

  • Maryland State Bar Association (MSBA) Family & Juvenile Law Section Publication, January 2019

“Divorce Tax Revisited”

  • Continuing Legal Education (CLE) presentation, Baltimore County Bar Association, October 2018

“Panel of Business Valuation and Litigation Support Experts”

  • Continuing Professional Education (CPE), Maryland Association of Certified Public Accountants (MACPA), June 2018

“The Impact of the New Tax Law”

  • CLE presentation, Howard County Bar Association. May 2018

“Divorce Valuation Basics”

  • CLE Presentation, MSBA, April 2018

“Marital Property and Divorce Litigation”

  • 4-Part Seminar, University of Maryland Francis King Carey School of Law, February 2018

“Litigators v. Experts: Expert Witness Sinkholes and How to Avoid Them”

  • CLE, MSBA, Intellectual Property Section, January 2018

“Expert Q&A Panel”

  • CPE presentation, MACPA, June 2017

“Marital Property and Divorce Litigation”

  • 4-Part Seminar, University of Maryland Francis King Carey School of Law, February 2017

“Tips, Tricks & Insights for the Family Law Attorney Scrutinizing Tax Returns”

  • CLE presentation, Baltimore County Bar Association, December 2016

“Tips for Reviewing Income Tax Returns for Family Law Practitioners”

  • CLE presentation, Tydings & Rosenberg. LLP, April 2016

“Tips for Reviewing Income Tax Returns for Family Law Practitioners”

  • CLE presentation, Harford County Bar Association, February 2016

“Fraud: Red Flags and When to Bring in a Forensic Accounting Expert”

  • I-95 Business Magazine, November 2015

“Fraud: Red Flags and When to Bring in a Forensic Accounting Expert”

  • MACPA Statement, August 2015

“Reconciling Appraisals in Business Valuation”

  • CPE presentation, MACPA, April 2015

“FVS Crossfire – Where is the Profession Heading?”

  • CPE presentation, MACPA, May 2014

“Expert Witness Do’s and Don’ts”

  • CPE presentation, Maryland Defense Counsel (MDC), November 2013

“Forensic Accounting and Fraud”

  • Presentation, Loyola University, October 2013

”Why Do I Need My Business Valued?”

  • I-95 Business Magazine, July 2013

“How the Family Law Judges Want You to Litigate Divorce Cases – With or Without Experts”

  • CLE presentation, Maryland Association for Justice (MAJ), April 2013

“Top 10 Things to Look for in a Business Valuation”

  • CLE presentation. Carroll County Bar Association, October 2012

“Family Law Master Class”

  • CLE presentation – MAJ April 2012

“Forensic Accounting and Business Valuation”

  • Presentation, Loyola University, February 2011

SmartCEO Magazine

  • Recognized as one of the top 100 SmartCPAs of 2010

“Business Valuation, Uses, Methods, Issues & More”

  • CLE presentation, January 2008

“AICPA BV Standards Update”

  • CPE presentation, MACPA, January 2007

“Fair Value – Is it Fair?”

  • CLE presentation via online webinar, June 2006

Deposition & trial testimony available upon request.