Executive Financial Services, Inc.

As 2024 comes to a close, we’d like to send a heartfelt thank you to our clients and referral partners. It’s been a great year, and we couldn’t have done it without you. This year, we had the privilege of doing 11 ESOPs all over the U.S., from Oregon to North Carolina. These transactions created more than 1,300 employee owners, and we couldn’t be prouder of that. We saw ESOP transactions in a handful of disciplines, including: engineering, construction, and PR/Advertising. We’re so proud of the work we get to do and are looking forward to helping more great companies make a move to an ESOP in 2025. Here’s to your success. Happy New Year! #ESOP #EmployeeOwnership #ExitPlanning #Retirement #BEI #ExitPlanningInstitute #XPX #BusinessOwners #BusinessExit #FamilyBusiness #SuccessionPlan #NewYear

If you’re a family business on the brink of a succession, your upcoming holiday family gatherings could get a little uncomfortable. An ESOP might be able to help. When I sat down with Jonathan Goldhill for the "Disruptive Successor" podcast, he wanted to know how ESOPs work in a family business scenario, specifically when some family members are active in the business and others are not. This clip explains how an ESOP could work in a family succession plan. Our full conversation can be found here: https://bit.ly/3P201mc, or wherever you listen to podcasts. #ESOP #EmployeeOwnership #ExitPlanning #Retirement #BEI #ExitPlanningInstitute #XPX #PrivateEquity #BusinessOwners #BusinessExit #FamilyBusiness #SuccessionPlan | Disruptive Successor - Book and Podcast

Did you know that the U.S. Small Business Administration will now lend money in ESOP transactions? I sat down with my friend, M&A attorney Dave Seitter, host of the “Show Me The Way” podcast, where we discussed changes to the ESOP landscape and more. David, I appreciate you having me on the show. Find our full conversation here: https://bit.ly/4g6omCV, or wherever you listen to podcasts. #ESOP #EmployeeOwnership #ExitPlanning #Retirement #BEI #ExitPlanningInstitute #XPX #SBA #RetirementPlanning #BusinessOwners #BusinessExit #SmallBusiness

What is an ESOP? Did you know that an ESOP is another form of a qualified retirement plan? It’s a 1st cousin to a 401k plan. But, it differs in three key ways: 1. An ESOP can borrow money 2. An ESOP can engage in certain transactions with parties and interest 3. An ESOP is required to invest primarily in the stock of the sponsoring employer I recently had the privilege of speaking with John Canniffe and Jo Stapleton, hosts of The ExitEngine™ Podcast about why this matters for exiting business owners and their employees. Find our full conversation here: https://bit.ly/3CW2Imm, or wherever you listen to podcasts. #ESOP #EmployeeOwnership #ExitPlanning #Retirement #BEI #ExitPlanningInstitute #XPX #401k #RetirementPlanning #BusinessOwners #BusinessExit

Often, when owners want to sell to employees, they quickly learn it’s not as easy as it sounds. For one thing, it’s very tax inefficient. But … that’s where an ESOP can help. I recently sat down with business advisor Diane Helbig, host of Accelerate Your Business Growth Podcast, where we discussed this and the power of employee ownership through ESOPs. Find our full conversation here: https://lnkd.in/eFzzezmH, or where you listen to podcasts. #ESOP #EmployeeOwnership #ExitPlanning #Retirement #BEI #ExitPlanningInstitute #XPX #PrivateEquity #BusinessOwners #BusinessExit

Looking forward to XPX Atlanta’s Exit Expo this week. Will you be there? If so, I’d love to say hi. #ESOP #EmployeeOwnership #ExitPlanning #Retirement #BEI #ExitPlanningInstitute #XPX #BusinessOwners #BusinessExit

Trying to make a decision between an ESOP investment banker and an ESOP consultant? In this article, we look at the two, explain the difference, and consider why business owners should be aware of fee structures for each. #ESOP #EmployeeOwnership #ExitPlanning #Retirement #BEI #ExitPlanningInstitute #XPX #PrivateEquity #BusinessOwners #BusinessExit #InvestementBanking

I like to tell people: ESOPs are arms-length transactions but there are no sharp elbows. With private equity, there are lots of sharp elbows.  I recently had the privilege of speaking to a group of exit planners at an XPX San Antonio event, and was joined on stage by John F Dini CBEC, CExP, CEPA and Harry Levy. In this clip, we highlight what an ESOP is, why selling directly to employees is rarely an option, and how ESOPs are a friendlier route compared to selling to a strategic buyer or private equity. #ESOP #EmployeeOwnership #ExitPlanning #Retirement #BEI #ExitPlanningInstitute #XPX #BusinessOwners #BusinessExit #PrivateEquity #StrategicBuyer