HomeWebcastEmployee Stock Ownership Plans (ESOPs): Latest Trends and Developments in the 2017 Landscape
Online CLE Stock Ownership CLE

Employee Stock Ownership Plans (ESOPs): Latest Trends and Developments in the 2017 Landscape

Live Webcast Date: Thursday, June 01, 2017 from 3:00 pm to 5:00 pm (ET)
Employee Benefits CLE & CPERecording

Online CLE Stock Ownership

Join us for this Knowledge Group Online CLE Stock Ownership Webinar. An employee stock ownership plan (ESOP) is a qualified defined-contribution retirement plan in which the company contributes its stock or acquires shares from existing shareholders, for the benefit of the company's employees. Under the Internal Revenue Code of 1986, stock sales to an ESOP may qualify the seller to the ESOP for a tax-favored treatment. In this Webcast, a seasoned panel of experienced ESOP consultants and professionals brought together by The Knowledge Group will provide the audience an in-depth overview of the fundamental framework of Employee Stock Ownership Plans. Speakers will highlight the recent trends and developments with regard to this remarkable topic.  Speakers will also discuss cases involving ESOP companies.

Key topics include:

  • Employee Stock Ownership Plans - Framework
  • Opportunities and Risks
  • Myths and Misconceptions Related to ESOPs
  • Current Regulatory Environment of ESOPs
  • Recent Trends and Developments

Who Should Attend

  • Benefits Managers
  • Compensation and Benefits Consultants
  • Employee Benefits Attorneys
  • Employees
  • Retirement Plan Financial Professionals
  • Retirement Plan Practicing Lawyers


Online CLE Stock Ownership
Marc S. Schechter
Butterfield Schechter LLP
Online CLE Stock Ownership
Daniel M. Zugell, CLU, ChFC, LUTCF
Director/Senior Vice President
BTA, Inc.
Online CLE Stock Ownership
Keith A. Mericka
Managing Director - Wealth Management, Private Wealth Advisor, Senior Portfolio Manager
The ESOP Group | UBS Financial Services Inc.
Online CLE Stock Ownership
David Jasmund
Shareholder, Investment Banking
PCE Investment Bankers, Inc.

Click Here to Read Additional Material

Online CLE Stock Ownership

Marc S. SchechterPartner
Butterfield Schechter LLP

  • What type of company is an ideal ESOP candidate
  • What benefits are available to the employer, employees, and selling shareholder of a stock sale to the ESOP
  • What types of advisors are important to a successful ESOP implementation

Why time is right for ESOP consideration:

  • Demographics (aging baby boomers)
  • Valuations (post-financial crisis)
  • Taxes (rates up, so deferral more attractive)
  • Balance sought by owners of private companies
  • Funding (financial markets available)

Keith A. MerickaManaging Director - Wealth Management, Private Wealth Advisor, Senior Portfolio Manager
The ESOP Group | UBS Financial Services Inc.

  • Pre-sale planning: Structural asset allocation and estate tax optimization
  • Consider tax deferral alternatives and requirements before the sale
  • Deferring tax by electing Section 1042: Pluses and minuses

David JasmundShareholder, Investment Banking
PCE Investment Bankers, Inc.

  • Financing the sale to an ESOP - Options available in today’s capital markets including senior financing, alternative lenders and seller financing (it doesn’t have to be one or the other).  This section will also include a discussion on warrants and their use in seller financing today. 
  • Structuring the sale to an ESOP – Partial vs 100% sale and the control aspects of each– C-Corp vs S-Corp sale (possibly touched on in the 101 section)
  • Dual track sale process – Pros and Cons of evaluating the sale to a 3rd party parallel to considering a sale to an ESOP

Daniel M. Zugell, CLU, ChFC, LUTCFDirector/Senior Vice President
BTA, Inc.

  • Education – Structuring, tax advantages, valuation, financing, control
  • Preliminary Analysis – Review of financials, value estimate, probable tax savings, likely financing
  • Feasibility Study – Corporate cash flow, plan and transaction design, structuring, financing
  • Implementation – ERISA counsel, Trustee, Valuation, Banks. TPA
  • Post-Transaction – Employee communications, Repurchase liability study, 5500 filing

Online CLE Stock Ownership

Online CLE Stock Ownership

Marc S. SchechterPartnerButterfield Schechter LLP

Marc Schechter specializes in the areas of employee benefits, ERISA, and business matters. He has extensive experience designing, drafting, and implementing all types of employee benefit programs, with emphasis on ESOP transactions. In addition to handling a wide range of business transactional matters, he has significant experience with ERISA litigation matters and representing plan sponsors in audits with the IRS, FTB, and DOL relating to qualified and nonqualified employee benefit plans. He is an active speaker on employee benefit law topics for a wide variety of organizations. His client base ranges from sole practitioner lawyers and physicians to publicly traded corporations to professional musicians and athletes.

Online CLE Stock Ownership

Daniel M. Zugell, CLU, ChFC, LUTCFDirector/Senior Vice PresidentBTA, Inc.

Daniel M. Zugell, CLU, ChFC, LUTCF is Director/Senior Vice President of BTA, Inc. with a wealth of hands-on and management experience spanning many financial service disciplines.   Dan’s experience includes the formation of MetLife’s ESOP program and as a Director of MetLife’s Institutional Specialized Benefit Resources division.   Since 1998, Dan has emerged as a national presence on ESOP matters as a frequently published author and featured speaker. Dan holds a B.A from Grove City College, has earned several advanced financial designations and is a member of The ESOP Association, National Center for Employee Ownership, The Estate Planning Council and the Society of Financial Service Professionals. Ambassador - Pennsylvania Center for Employee Ownership.

Online CLE Stock Ownership

Keith A. MerickaManaging Director - Wealth Management, Private Wealth Advisor, Senior Portfolio ManagerThe ESOP Group | UBS Financial Services Inc.

Keith and his team have advised hundreds of private and family business owners through a process designed to optimize pre- and post-transaction outcomes, most often involving a tax-advantaged ESOP sale. Keith joined UBS in 1987 after starting his career with Morgan Stanley in 1983. Soon after joining UBS, Keith co-founded UBS’s national Employee Stock Ownership Plan (ESOP) practice. For many years he has been an active and frequent speaker on a variety of ESOP-related subjects and is universally regarded as a thought leader and the foremost expert of ESOP section 1042 tax-deferred sales and ESOP cash and investment management.

Online CLE Stock Ownership

David JasmundShareholder, Investment BankingPCE Investment Bankers, Inc.

David Jasmund is a founding partner of PCE, with more than 20 years of experience in mergers & acquisitions (M&A) and Employee Stock Ownership Plans (ESOPs).  David offers business owners a personalized approach in identifying, implementing and executing M&A and ESOP transactions suitably structured for the future well-being and sustainability of their business.

As a highly successful entrepreneur, business owner and advisor, David brings a unique business perspective to the table. Prior to his work at PCE, he grew a small insurance start-up of three people into a powerhouse that employed more than 1,200 people and generated annualized revenues of over $700 million. David is an active member of the NCEO, ESOP Association and holds FINRA Series 7, 24 and 79 securities licenses.

Online CLE Stock Ownership

Course Level:

Advance Preparation:
   Print and review course materials

Method Of Presentation:
   On-demand Webcast

   Experience in employee benefits law

Course Code:

NASBA Field of Study:
   Business Management & Organization - Non-Technical

NY Category of CLE Credit:
   Areas of Professional Practice

Total Credits:
    2.0 CLE

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About the Knowledge Group

The Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

About the Knowledge Group

The Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

Butterfield Schechter LLP is San Diego County's largest firm focusing its law practice primarily on employee benefit plan matters. Butterfield Schechter LLP was founded in 1998 by Robert K. Butterfield and Marc S. Schechter. The attorneys at Butterfield Schechter LLP are dedicated to providing top-quality legal service tailored to clients' needs. Our commitment to excellent service and our combined experience fosters positive and efficient solutions for clients. The firm's persistent effort to prevent legal problems from occurring encourages the development of long-term client relationships. Our broad-based clientele includes corporations, individuals, partnerships, limited liability companies, joint ventures, qualified retirement plans, nonprofit organizations, and government agencies.

Website: https://www.bsllp.com/

Business Transition Advisors specializes in ESOP consultation and analysis including feasibility studies, implementation, financing, employee communications and more. Our holistic approach reaches beyond basic installation of an ESOP and takes into account the total needs and consequences for the seller, company, management, and employees. Our collective experience with hundreds of clients offers a unique perspective to address business owner liquidity using the most advanced and creative techniques available, while incorporating the brightest ESOP professionals in their respective fields.

Website: https://businesstransitionadvisors.com/

While many of our clients initially come to us for our ESOP insight and execution, we view that transaction as part of the larger scope of your wealth management strategy. Our experienced team is well-versed in addressing the complex wealth advisory and planning challenges affluent investors face. With deep expertise and resources for addressing complex wealth challenges, UBS Private Wealth Management and The ESOP Group offer perspective and insights into what affluent clients need and expect—industry-leading innovation, global solutions and an exceptional level of service and execution. 

Website: https://financialservicesinc.ubs.com/team/teg/

Our experienced team provides middle-market business owners with award-winning investment banking, valuation, advisory and ESOP services. Since 1997, PCE has offered middle market clients the sophistication of a full-service firm with the individualized attention of a boutique firm.

Whether you’re buying, expanding, merging, or selling a company, PCE will identify the best capital strategies and solutions for your personal and corporate goals. PCE has installed and designed more than $2 billion in ESOP transactions for privately held companies around the country.

Website: https://pcecompanies.com/

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