Phil Hayes, Berman Hopkins: Everything Everywhere All At Once w/ The ESOP Guy

Today we host Phil Hayes, The ESOP Guy, where we speak about how Phil went from banker to Managing Partner of a large regional accounting firm (as a non-CPA) to now becoming an expert in ESOP’s.  

 

In today’s episode, we speak about exit strategies in general, where ESOP’s fit, the mechanics of ESOP transactions and the tax advantages of this structure. We then bounce around and discuss everything all at once ranging from 1042 exchanges with qualified replacement property, to whether this is a good deal for BOTH the owners and the employees and much more.  

 

Our hosts today are Steve Curley, CFA & guest host Chris Cannon, CFA (Chief Investment Officer, FirsTrust).

 

Please enjoy the episode. Follow us on Twitter & LinkedIn.

 

Social Media:

 

LinkedIn Post (and Facebook):

New episode w/ Phil Hayes, Partner at Berman Hopkins, hosted by Steve Curley, CFA & Chris Cannon, CFA.

 

*Journey from banker to Managing Partner of Regional accounting firm to ESOP expert

*The ESOP Guy podcast

*Exit strategies and where ESOP’s fit for business owners

*Tax advantages

*1042 qualified replacement property

*Is this a good deal for BOTH seller and employees? 

 

Enjoy! Insert link here

 

Twitter Post:

New episode w/ Phil Hayes, Partner at Berman Hopkins, hosted by Steve Curley, CFA & Chris Cannon, CFA. We discuss the ESOP Guy podcast, goodness of fit for business owners, tax advantages, 1042 qualified replacement property, and whether this a good deal for all parties involved. 

 

Show Notes: 

https://www.journeytoanesop.com

https://www.bermanhopkins.com/

https://www.esopassociation.org/resources

https://www.nceo.org/find-your-resource

https://www.esop.org