Challenges and Potential in Implementing ESOPs in the United States

On this episode, Jason Miller (former National Director of ESOPs for Bank of America) and I explore the “Expanding ESOP Initiative” that was recently aired on 60 Minutes.  The focus of this podcast is to provide an update as to what is happening in the National ESOP space and how the ESOP initiative started.  The initiative’s work is centered around the question: “Why are there not more ESOP companies in the United States?”   Jason Miller was part of the initiative and shares some insight into the process and how this initiative is currently being developed.