Our Blue Ridge professionals will be attending multiple conferences this week.
On Monday, Jon Williams and Tom Roback are attending The New England Chapter Spring Conference in Burlington, MA. Jon shared more about ESOP 101 to help those who are new to the whole ESOP world and to give guidance to those who needed a refresher about the basics. The session highlighted how an ESOP works, why ESOP companies are so great, and what a company can do to make theirs better.
Tom will be attending the The Pennsylvania/Delaware Chapter Annual Spring Conference on March 27-28 at the Toftrees Golf Resort in State College, PA.
Chad Guzinski and Kevin Rusch will be attending the Southwest Chapter - Spring Conference & Awards on March 29 in Grapevine, TX. Kevin will be sharing about "ESOP Repurchase Obligation: How to Avoid Garbage In/Garbage Out". In this session, they'll review that the key to a successful Repurchase Obligation Study is the assumptions that are used. Assumptions regarding company value, future contribution/dividend rates, employee turnover rates, distribution policy provisions all play a key role in projecting future obligations. This session will discuss the selection of reasonable assumptions and will also consider how the three distribution methods (Recycling, Redeeming, and Releveraging) can be used to manage a company's future repurchase cash flow obligations. The presentation will include case studies, planning tips, and audience participation.