News & Updates

Dan Zugell speaking at the Financial Planning Association of Middle Tennessee Symposium

Dan Zugell Featured in The Alternative Board Newsletter

Upcoming Events

ESOPs for Breweries: Trends & Opportunities

Wednesday, August 1, 2018
10:00 AM/ PT

Webinar Length: 60 Minutes

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Is an ESOP Right for You?

October 17-18, 2018
Sheraton Downtown Hotel
250 North Main Street, Memphis, TN.

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Fall ESOP Forum

October 2 (pre-conference)
October 3–4, 2018
Hotel Albuquerque
800 Rio Grande Blvd. NW
Albuquerque, NM 87104
(505) 843-6300
Albuquerque, NM

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ESOP Nuts and Bolts: Employee Stock Ownership Plans

August 2, 2018
Entertainment Partners
2950 N. Hollywood Way
Burbank, CA 91505
(818) 955-6000

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ESOP Association’s 41st Annual Conference + 27th Annual Awards Ceremony

May 24-25, 2018
Washington, DC

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NCEO 2018 Employee Ownership Conference

April 17 (pre-conference)
April 18–20, 2018
Marriott Marquis Hotel
265 Peachtree Center Ave NE
Atlanta, GA 30303
(404) 521-0000

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Tax advantages of ESOPs as an exit opportunity for architecture and engineering firms

Stakeholders in mature architecture and engineering firms nearing retirement are bombarded with ideas from many advisors for the “best” exit option. Despite the owners’ desire to continue to run their firms as they always have and simply focus on their clients, they need to contemplate several key considerations of a solid and successful exit plan, which include: […]

Employee Stock Ownership Plans Financing

An ESOP is the only tax-qualified retirement plan that may borrow money. Both principal and interest, subject to limits, on debt incurred to purchase stock from a selling shareholder are deductible to the corporation. Therefore, due to the tax advantages afforded only an ESOP, most ESOP transactions are financed through borrowed (leveraged) funds. Senior Bank […]


ESOPs are projected to be the biggest transfer of wealth in U.S. history. A discussion regarding Employee Stock Ownership Plans (ESOPs) must contain the obligatory ESOP basics, including an ESOP definition, as well as the advantages to the seller, company and employees. This article will briefly do the same, but will focus mainly on the non-leveraged ESOP, […]


A company sponsoring an ESOP must “make a market” for vested plan participants. To ensure the success of an Employee Stock Ownership Plan (ESOP) as an employee motivational tool and as a means of corporate finance and succession planning, a company sponsoring an ESOP must “make a market” for vested plan participants who are entitled to […]


ESOPs have the most advantageous tax benefit. Download Document A recent Price Waterhouse Coopers report indicated that 62% of the U.S. companies planning to sell all or part of their business will do so within the next 5-6 years. U.S. Department of Commerce’s 2010 statistics show that Pennsylvania’s Allegheny and the surrounding five counties account […]


Employee Stock Ownership Plans, or ESOPs for short, are gaining momentum as baby boomers look to transfer their businesses in a way that best suits their families’ goals and objectives. Many are family businesses that would like to perpetuate the business into the next generation or key management, but giving the business away is not […]


ESOP // Employee Stock Ownership Plan // A qualified, defined contribution employee retirement plan designed to invest primarily in employer stock of a sponsoring company. Download Document ESOPs ESOPs provide an opportunity for business owners or shareholders to successfully plan an immediate or gradual tax advantaged exit strategy, while also engineering the continued success of […]


Does the ESOP Trust control the Board since they are the stockholders? Download Document The key component to control is the type of Trustee you choose once the ESOP is established. There are two types of trustees, independent and directed. An independent Trustee is independent of the current Board of Directors and has broad fiduciary […]


Every ESOP plan is carefully designed to fit specific needs and is not a one-size-fits-all approach. The process varies in complexity depending upon the unique circumstances of the company, the owner, and the goals to be achieved. We insist on installing a succession plan that will work over the long term while maximizing benefits to […]

News Articles

Odell featuring other breweries in ESOP solidarity

Jacob Laxen from the Coloraroan –  October 5, 2016 For the first time ever, Odell Brewing will be serving beer from another brewery.   Beers from fellow craft brewers New Belgium, Left Hand, Deschutes and Harpoon will all be on tap at the 800 E. Lincoln Ave. Odell taproom from 4-7 p.m. on Wednesday.   The move is a […]

ESOP Association Starts Employee Ownership Month by Celebrating 9,650 Years of ESOP Management

WASHINGTON, DC–(Marketwired – October 04, 2016) – The ESOP Association proudly kicks off Employee Ownership Month by announcing it has presented the prestigious Silver ESOP Award to 26 of its corporate members. The Silver ESOP Award honors companies that have maintained their ESOP (employee stock ownership plan) for 25 years or more. Including this year’s […]

What if Your Employees Owned the Bank?

A Crowdsourced Succession Solution By Amber Seitz from Wisconsin Banker – Wisconsin Bankers Association   Ownership succession is a critical concern for closely held financial institutions. As majority shareholders age and start to look for liquidity from their investment, bank management can find themselves facing a sale if there is no obvious successor. An Employee Stock […]