A plan for every stage of an ESOP life cycle
South Park Advisors specializes in business valuations for Employee Stock Ownership Plans (ESOPs), a type of qualified retirement plan that buys and holds company stock for the benefit of employees. As an ownership transition strategy, ESOPs not only empower employees by providing an ownership stake in a business, but it offers significant tax advantages and potentially improved cash flow for owners and their businesses.
At South Park Advisors, we’ll work with either trustees or the selling shareholders to implement and administer an ESOP in the most professional manner, keeping in mind the framework of the Department of Labor (DOL) and the Internal Revenue Service (IRS). We’ll work with closely held businesses throughout every stage of an ESOP life cycle. Whether you’re a business owner contemplating retirement, or an ESOP trustee responsible for the benefits plan of the employees you represent, we are here to help.
Trust-Side
South Park Advisors provides business valuation and advisory services to trustees through various stages of an ESOP life cycle, from initial formations, to annual updates, to second-stage transactions, and to plan terminations.
Sell-Side
South Park Advisors can help business owners understand the value they have created and how an ESOP might help them achieve their business succession planning and retirement goals.
Featured Podcast
ESOP 101 – What, Why and How?
Robert C. Hilton Jr., ASA, joins Tabitha Croscut at Devine Millimet and Branch, Attorneys at Law, and Richard A. Heeter at Capital Trustees to present you with a 360-degree view of the what, why, and how of ESOPs.