Join us for a discussion on the benefits of Employee Stock Ownership Plans (ESOPs) and how they can serve as an effective transition strategy for business owners. This session will provide an overview of how ESOPs work, when they may be a good fit, and how they compare to other exit options. Attendees will also have the opportunity to ask questions and gain practical insight into the ESOP process.
Learning Objectives:
- ESOP overview & suitability
- Tax and other benefits for the seller, the company, and employees
- Situations where an ESOP can be a good fit
- Overview of the transaction process, timeline, and cost
- Essential products and services for ESOPs, lending capabilities, and loan structure
- Side-by-side comparison of third-party sale to an ESOP
Event Details
Who Should Attend?
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Attorneys
You have close relationships with clients, and can benefit from being the first advisor to introduce the idea of exit planning.
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CPAs/Accountants
Owners participating in the State of Owner Readiness research continue to indicate that you are the No. 1 "Most Trusted Advisor." You are a natural fit to lead the exit planning team and deepen your relationship (and retention) of next generation owners.
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Wealth Managers
You’re a skilled relationship person. Being entangled into your clients’ professional lives matters as you build a strategy to manage their wealth upon them harvesting it from their business. Exit planning allows you to build a deeper relationship with your client, expands your COI network, while giving you an early seat at table well before the liquidity event.
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Financial Advisors
One of the critical ‘legs of the stool’ is personal financing planning. An owner must have a strong financial plan & contingency plan post-transition to enable them to thrive in the next act of the lives personally and financially. Exit planning brings this future mindset into the present. Exit is now.
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Valuation Analysts
Valuation is both a billable engagement AND an opportunity to provide owners some perspective on how to accelerate value drivers (and deal with value killers). Use exit planning to make that valuation into a longer term value acceleration engagement.
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Investment Bankers
Only 2 of every 10 businesses that come to market actually sell. Learn how exit planning can bring attractive AND ready business to your purview.
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Estate Planners
Exit planning is a natural fit for estate planners who want to operate more holistically with their owner clients.
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Strategic Consultants
One of the most critical roles in exit planning is building transferable value. Strategic consultants have the ability to expand options and drive rapid business value that affect performance today.
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Insurance Professionals
Exit planning addresses the 5 D's. So do you. Approach the risk conversation differently with exit planning.
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Mergers & Acquisition Advisors
Proper exit planning causes less deals to fall through at the last minute. Connect with CEPAs to build your healthy deal flow network.
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Commercial Lenders
One of the best relationships a business owner makes is with their banker. How can you help your corporate clients think about the future and ensure financial continuity? Answer: exit planning.
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Family Business Advisors
More than 50% of lower middle market business owners would prefer to transition to the next generation. Help them succeed with exit planning strategies.
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Other Professional Advisors
Regardless of your unique specialty, there is seat at the exit planning table for you. Learn more at www.EarnCEPA.com.
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Private Business Owners
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Members of Family Business Boards
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Professional Advisors
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Business Consultants
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Other Business Professionals
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Business Owners
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Business Owners & Their Trusted Advisors
EXIT PLANNING IS GOOD BUSINESS STRATEGY
The Exit Planning Institute, provides Financial Advisors, Accountants, Consultants, and other advisors of business owners with the critical education to differentiate themselves and add value to their existing client relationships through a credential, conference, courses, and content. Download the CEPA brochure for more information.
ABOUT THE PRESENTER
Leslie is a leader in the wealth management industry for business owners and exceptional families. She has dedicated her career to advising owners on their succession options, including employee stock ownership plans (ESOPs). Today, as a multi credentialed member of The ESOP Group with a diverse professional career in the ESOP industry, Leslie is well qualified to assist owners on the nuances, benefits and challenges of selling their business to their employees.
ESOP sustainability and investment consulting post implementation are also at the core of her team’s service offering to business owners and the companies they operate.
With more than 35 years of experience, she and her team assist clients on the various aspects of estate planning services, retirement planning, asset allocation, insurance solutions, lending and strategic philanthropy. She also advises corporate client relationships and family offices, providing them with cash management, executive compensation and captive insurance company asset management.
She has undergone rigorous training to strengthen her knowledge and proficiency in wealth management to help manage the investment, business, passion and legacy needs of sophisticated, ultra high net worth clients and their families. Leslie understands the complexities of intergenerational wealth and the challenges faced by exceptional clients. She aligns their specific needs to the full suite of RBC Wealth Management capabilities to help them pursue their most important goals.
Her personal interests include golf, travel (50 countries and counting) and spending time with her expanding family of 5 adult children and 7 granddaughters. She splits her time between Atlanta, Charlevoix and Los Angeles.
Shea is currently the Head of National ESOP Banking at City National Bank, an RBC Company. Having diverse experience in commercial lending having extended nearly $1B in credit throughout his career, he leads the National ESOP Banking Group in efforts to help business owners across the United States with their exit strategies and liquidity needs. His team is the primary relationship management team for all companies that work with his group and he focuses on deal sizes ranging from $5MM to $1B+ to middle market companies with revenues from $10MM to over $1B+.