40th Annual ESOP Association Conference & 26th Awards Ceremony
May
11
May 12

40th Annual ESOP Association Conference & 26th Awards Ceremony

  • JW Marriott

May 11th - 12th - Washington, D.C.

Join CFAI senior staff, Arlene Ashcraft, CFA, ASA, Donny Springer, ASA, and Robert Regis, ASA, at the ESOP Association's- 40th Annual Conference in Washington, D.C., May 11th - 12th, 2017.

The 2017 annual conference offers expanded networking and educational opportunities, with increased emphasis on ESOP culture and communications, and includes new peer-to-peer round table discussions. CFAI principals Arlene Ashcraft and Donny Springer will speak in the following presentations:

Thursday, May 11, 2017
10:00 a.m. - 11:00 a.m., Longworth Room
Basics of ESOP Stock Valuation

The session will be led by experienced ESOP valuation professionals and will address the determination of value of company stock held by the ESOP. Topics covered will include an overview of commonly used valuation methods as well as several ESOP-related valuation nuances including standard and premise of value, premiums and discounts, synthetic equity, treatment of tax shields and seller notes.
Donny Springer, ASA, Columbia Financial Advisors, Inc. (Moderator)

Friday, May 12, 2017
9:00 a.m. - 10:00 a.m., Russell/Hart/Cannon Rooms

The Annual Valuation Process - From Engagement Letter to Participant Statement
Company Management, ESOP Trustees, Financial Advisors and ESOP Administrators are all involved in the annual ESOP valuation process. In this session experienced professionals will walk through the roles, responsibilities and flow of the annual valuation process.
Arlene L. Ashcraft, CFA, ASA, Columbia Financial Advisors, Inc. (Moderator)

 

2017 NCEO Employee Ownership Conference
Apr
4
Apr 6

2017 NCEO Employee Ownership Conference

  • Sheraton Denver Downtown

Columbia Financial Advisors, Inc. is pleased to sponsor the 2017 NCEO Employee Ownership Conference!

Donny Springer, ASA of Columbia Financial Advisors, Inc. will be speaking at this event. We hope to see you there!

Wednesday, April 5th at 3:15pm, Donny Springer will be speaking in the following presentation: "Tips for Communicating Share Value and Helping Prepare Employees for Retirement"

This is where the employee ownership world meets. Join us there.

As the nation's premiere gathering on employee ownership, the NCEO's annual conference provides an ideal opportunity to learn, network, and share your knowledge with others. The 2017 conference in Denver will build on the sold-out success of the 2016 Minneapolis conference, where over 1,660 members of the employee ownership community attended.

ESOP Professionals' Forum
Mar
3
8:00 am08:00

ESOP Professionals' Forum

  • The Roosevelt New Orleans, A Waldorf Astoria Hotel

Arlene Ashcraft of Columbia Financial Advisors, Inc. will be attending the 2017 ESOP Professionals' Forum in New Orleans, LA.

The ESOP Professionals' Forum is the only event of its kind: a meeting designed exclusively for high-level professionals who provide technical and legal assistance to ESOP companies.

Led by the chairs of the ESOP Association’s highly respected technical committees, this one-day program gathers professionals for strategic and complex discussions of the challenges facing ESOPs and best practices for ESOP professionals.

ESOP Association - 2016 ESOP Las Vegas Conference & Trade Show
Nov
10
Nov 11

ESOP Association - 2016 ESOP Las Vegas Conference & Trade Show

  • Caesars Palace

November 10 - November 11 - Las Vegas, Nevada

Arlene Ashcraft and Donny Springer of Columbia Financial Advisors, Inc. will be speaking at the 2016 ESOP Las Vegas Conference & Trade Show. Kathryn F. Aschwald will also be attending. We hope to see you there!

Friday, November 11th at 10:30am, Donny Springer will be speaking in the following presentation:

"Financial Projections: Part 2 (Addressing Unreasonable Projections)" :

Projecting company financial results is a difficult, but necessary undertaking. Management’s financial projections are a key input into the analyses underlying ESOP fairness opinions and annual appraisal reports. Furthermore, the DOL Process Agreement highlighted the importance of thoroughly evaluating management’s financial projections. This advanced valuation topic will review methods and procedures that fiduciaries and valuation professionals can use to evaluate the reasonableness of projections as part of the valuation process.

Friday, November 11th at 3:00pm, Arlene Ashcraft will be speaking in the following presentation:

"Underperforming ESOP Company Issues" :

ESOP companies do not always perform well. Economic downturns, excessive leverage, industry dynamics, management turnover and the competitive environment all can contribute to disappointing operating and financial results. While there is no magic pill to solve these performance issues, there are relevant actions that can be taken. This advanced session will explore a number of strategies that ESOP companies may consider in response to changing financial circumstances.

ESOP Association - Northwest Chapter - Energize Your ESOP
Oct
28
10:00 am10:00

ESOP Association - Northwest Chapter - Energize Your ESOP

  • Idaho State History Center

October 28th - Boise, Idaho

Join CFAI Principal Donny Springer, ASA, at the ESOP Association - Northwest Chapter meeting, "Energize Your ESOP". Alongside networking and educational opportunities, Mr. Springer will speak at the following presentation:

10:30 a.m. - Noon
Stock Price Matters
Understanding the Company’s stock price is imperative to thriving ownership culture. Donny will guide discussion addressing common misconceptions about stock valuation and tips for increasing employee engagement in the process.

ESOP Association -  California Western States - 2016 Chapter Conference
Oct
5
Oct 7

ESOP Association - California Western States - 2016 Chapter Conference

  • Harvey's Resort

October 5th - October 7th - South Lake Tahoe, Nevada

Join CFAI Principal Donny Springer, ASA, at the 2016 California/Western States (CAWS) Chapter Conference: Winning with ESOPs! Columbia Financial Advisors, Inc. is a proud sponsor of the meeting, which offers networking and educational opportunities for employee owners of all experience levels.

Due to popular demand, the CAWS chapter of the ESOP Association decided to “double down” at this year’s conference and offer two full tracks of sessions devoted to sharing the ESOP message alongside a range of breakout sessions addressing basic and expanded ESOP issues.

CFA Society of Portland - Finance Expo 2016
Oct
4
9:00 am09:00

CFA Society of Portland - Finance Expo 2016

  • World Trade Center Portland

Meet staff from Columbia Financial Advisors, Inc. and representatives from over 30 West Coast and Pacific Northwest businesses, including finance, investment and educational institutions at the inaugural regional Finance Expo 2016.

This CFA Society of Portland Event is free-of-charge and includes keynote presentations, panels, workshops and the chance to network with peers and leaders in the finance industry.

For further information about the schedule and registration, visit the link below.

ASA Advanced Business Valuation Conference
Sep
11
Sep 14

ASA Advanced Business Valuation Conference

  • Boca Raton Resort & Club

September 11th - September 14th - Boca Raton, Florida

Network and learn alongside over 800 appraisal professionals from around the world, including CFAI principal and former ASA International president Donna J. Walker. CFAI principal and vice-chair of the ASA International Board of Examiners for the Business Valuation Discipline, Arlene Ashcraft, will speak at the following presentation:

Common Flaws in BV Reports Submitted for Accreditation
Wednesday, September 14th
8:00 - 9:15 am (Eastern)
Arlene Ashcraft, CFA, ASA, Principal | Columbia Financial Advisors, Inc.
Trey Stevens, ASA, MCBA, Managing Director | Stevens & Greer, LC

Advancement to Accredited Member or Accredited Senior Appraiser in business valuation requires the submission of one business valuation report deemed to be acceptable by the ASA International Board of Examiners (BOE). In this session, Arlene Ashcraft and Trey Stevens, the current and former vice-chairs of the BOE for the Business Valuation Discipline will:
     (1) summarize the ASA guidelines for business valuation reports, and
     (2) discuss common flaws in business valuation reports submitted for accreditation.


The American Society of Appraisers will be offering a live simulcast from the ASA Advanced Business Valuation Conference 2016 for those unable to attend. 

For more information, please visit the BV Conference website, or contact Lisa Perry, CMP, lisa@meetingcreations.net, (850) 566-0021.

Webinar: Communicating Valuation - Tools, Tips and Examples
Sep
6
9:30 am09:30

Webinar: Communicating Valuation - Tools, Tips and Examples

Join presenter, Donny Springer, ASA of CFAI, in the upcoming National Center for Employee Ownership (NCEO) webinar, "Communicating Valuation - Tools, Tips and Examples."

About This Meeting

In many companies, the valuation process is a black box—failure to understand valuation blocks the line of site between employees' day-to-day activity and the value of their ESOP accounts. In order to tap the power of their ESOPs, companies need people to have a basic understanding of how valuation works and what aspects of the value employees can affect.

We will talk about tools and techniques to communicate effectively about valuation in your own company, including actual examples of ways that some companies communicate about valuation to your work force. This session is appropriate for people who will be doing their company's internal valuation communication.

You will learn:

  • How stock price can be best communicated to employees
  • What other companies do to help employees understand stock prices

For more information about how to attend and continuing education credit, contact NCEO Seminar/Webinar Director, Colleen Kearney at CKearney@nceo.org.

Webinar: Valuation Basics
Aug
30
9:30 am09:30

Webinar: Valuation Basics

Join presenter, Arlene Ashcraft, CFA, ASA of CFAI, in the upcoming National Center for Employee Ownership (NCEO) webinar, "Valuation Basics."

About This Meeting

Determining the value of ESOP shares requires complicated, regulated analysis, but everyone connected with the ESOP needs to know the basics. This Webinar is designed to serve either as an overview for people who just want to understand the key concepts of ESOP valuation, or as a foundation on which to learn more advanced valuation topics. We assume that participants have a knowledge of financial statements, but no familiarity with valuation.

You will learn:

  • Issues specific to ESOP valuations, including core concepts, methods, and current trends
  • What features of the valuation report are most important to review

For more information about how to attend and continuing education credit, contact NCEO Seminar/Webinar Director, Colleen Kearney at CKearney@nceo.org.

Oregon State Bar - Solo and Small Firm Conference 2016
Jul
8
Jul 9

Oregon State Bar - Solo and Small Firm Conference 2016

  • Riverhouse on the Deschutes

Meet with Donny Springer, ASA, and Ben Matheny, to learn more about CFAI's gift and estate, marital dissolution and other valuation services at the Oregon State Bar Solo and Small Firm Section’s first multi-day CLE conference, Tools for Building a Successful Practice.

"Nationally-recognized experts on legal technology and the business of law will give informative and entertaining presentations and will be available for one-on-one advice during breaks. Prominent local and regional attorneys will round out the schedule with presentations on everything from ethics to tips on how to litigate against the big firms without busting the bank. With five general presentations, eight breakout sessions, and a lively exhibitor’s hall, there will be plenty of variety. Whether you are just getting started or you already have a successful practice, this conference will help you reach the next level."

For more information follow the OSB link below.

2016 NCEO Employee Ownership Conference
Apr
12
Apr 14

2016 NCEO Employee Ownership Conference

  • Minneapolis Convention Center

Columbia Financial Advisors, Inc. is pleased to sponsor the 2016 NCEO Employee Ownership Conference!

Donny Springer, ASA of Columbia Financial Advisors, Inc. will be speaking at this event. We hope to see you there!

Wednesday, April 13th at 1:30pm, Donny Springer will be speaking in the following presentation: "Herding Cats: Who Does What in an ESOP Transaction."

This is where the employee ownership world meets. Join us there.

As the nation's premiere gathering on employee ownership, the NCEO's annual conference provides an ideal opportunity to learn, network, and share your knowledge with others. Our 2016 conference in Minneapolis will build on the sold-out success of our 2015 Denver conference, where over 1,400 attendees joined us. We will post additional program information by the end of December.

Two Day Professional ESOP Forum
Mar
3
Mar 4

Two Day Professional ESOP Forum

  • The Roosevelt New Orleans, A Waldorf Astoria Hotel

Join CFAI Principal Arlene Ashcraft, CFA, ASA in attending the 2016 Two Day Professional ESOP Forum.

The ESOP Association is holding a two day open discussion forum for Professional Members of The ESOP Association. Professional Members of The Association are sellers of services to ESOP plan sponsors and to parties considering creating an ESOP. Examples of the services are legal, third party administration, valuation, finance, management consulting, financial advice, trustee, and similar services.

Led by the Chairs of the highly respected Association Advisory Committees on Valuation, Finance, Legislative and Regulatory Affairs, Administration, Ownership Culture and Fiduciary Issues, this two day program will lay bare the tough issues facing ESOP professionals, and present the pros and cons of different views.  The goal is not only to air different view-points, but to move towards consensus as to “best practices” by the ESOP service provider community.

2015 ESOP Las Vegas Conference & Trade Show
Nov
12
Nov 13

2015 ESOP Las Vegas Conference & Trade Show

  • Caesars Palace Hotel

November 12 - November 13 - Las Vegas, Nevada

Arlene Ashcraft and Donny Springer of Columbia Financial Advisors, Inc. will be speaking at this conference. We hope to see you there!

Thursday, November 12th at 8:40am, Arlene Ashcraft will be speaking in the following presentation: "The Basics of Valuation" :

How is my company valued? This session will explore the basics of ESOP valuation, including the fundamentals of financial statement analysis, and an overview with examples of commonly-used valuation methods. This session is designed for the attendee who seeks to gain a basic understanding of valuation principals.

Friday, November 13th at 3:00pm, Donny Springer will be speaking in the following presentation: "Financial Projections" :

Projecting company financial results is a difficult, but necessary undertaking. Management’s financial projections are a key input into the analyses underlying ESOP fairness opinions and annual appraisal reports. Furthermore, the DOL Process Agreement highlighted the importance of thoroughly evaluating management’s financial projections. This advanced valuation topic will review methods and procedures that fiduciaries and valuation professionals can use to evaluate the reasonableness of projections as part of the valuation process.

Let's Talk ESOPs in Portland
Oct
14
8:00 am08:00

Let's Talk ESOPs in Portland

  • Bob's Red Mill

Come join us on October 14th for a networking and educational event at Bob's Red Mill. Donny Springer will be speaking at this event and others from our firm will be in attendance.

Program is from 8am to 3pm, with breakfast and lunch included. Click here to register.

This is an opportunity to meet other ESOPs and tour a great company that really gets the point!

California Western States Chapter - 2015 Annual Conference
Sep
23
Sep 25

California Western States Chapter - 2015 Annual Conference

  • Westin - Downtown Denver

Ben Frisbee of Columbia Financial Advisors, Inc. will be attending the California Western States Chapter 'United for Peak Performance' conference in Denver, CO.

September 23 - September 25 - Denver, Colorado

About the Breakout Sessions:The Chapter offers four tracks throughout the conference so employee-owners of all experience levels gain from the information provided.

Track A: New to ESOPs - If you are new to ESOPS, this track is right for you.The session in this track will help you to gain (or refresh) a basic technical understanding of how ESOPS work.

Track B: Experience with ESOPs - In this track, you will expand your technical ESOP skills with such sessions as advanced ESOP valuation issues and dealing with the Internal Revenue Service (IRS) and Department of Labor (DOL).

Track C: Communication and Employee Ownership Track - This track highlights communications and the building of an employee ownership culture. Learn how to foster and keep alive the championship ESOP spirit.

Track D: Internal Fiduciaries - This new track at the Chapter Conference focuses on fiduciary issues. What is your responsibility to the players in your ESOP?

Midwest Regional ESOP Conference 2015
Sep
10
Sep 11

Midwest Regional ESOP Conference 2015

  • Radisson Blu, Mall of America

Arlene Ashcraft of Columbia Financial Advisors, Inc. will be speaking at the Midwest Regional ESOP Conference.

September 10 - September 11 - Minneapolis, MN

Thursday, September 10th at 1:30pm: Arlene Ashcraft will be speaking in the following presentation: "Recent Developments in Annual Valuations"

How are annual valuations affected by the DOL Fiduciary Process Agreement and the DOL's proposed reintroduction of the Adequate Consideration Regulation? This panel of an internal ESOP trustee, a valuation advisor and the attorney who negotiated the Fiduciary Process Agreement with the DOL will use a case study to consider the issues in an interactive program.

Webinar: Valuation Basics
Jul
21
9:30 am09:30

Webinar: Valuation Basics

Join Columbia Financial Advisors, Inc.'s  Jason Bolt present the webinar "Valuation Basics."

About This Meeting

Determining the value of ESOP shares requires complicated, regulated analysis, but everyone connected with the ESOP needs to know the basics. This Webinar is designed to serve either as an overview for people who just want to understand the key concepts of ESOP valuation or as a foundation on which to learn more advanced valuation topics. We assume that participants have a knowledge of financial statements, but not familiarity with valuation. You will learn:

You will learn:

  • Issues specific to ESOP valuations, including core concepts, methods, and current trends.
  • What features of the valuation report are most important to review.
Webinar: S Corporation ESOPs: Valuation Issues
Jul
7
9:30 am09:30

Webinar: S Corporation ESOPs: Valuation Issues

Join Columbia Financial Advisors, Inc.'s  Donny Springer present the webinar "S Corporation ESOPs: Valuation Issues."

About This Meeting

ESOP fiduciaries and other responsible for the annual ESOP appraisal need to understand the interaction between their companies' S corporation statement and the valuation. The benefits of being an S corporation ESOP add several layers of complexity to the annual valuation. For example, ESOP shares are valued by law at the price a "willing buyer" would pay, but there is no guarantee that this hypothetical willing buyer would be an S corporation or have an ESOP. Does that make it impossible for the appraisal firm to consider the S corporation ESOP tax shield? If not, how should it affect the annual valuation? Does the appropriate valuation method change for initial transactions, ongoing operation, or in evaluating a potential sale of the company? What's the difference between a valuation for a 100% ESOP-owned S corporation and one where the ESOP has a smaller stake? This Webinar stands on its own, but many attendees will also view our other two S corporation Webinars (one on legal issues and one on administrative issues)

You will learn:

How to assess your current appraiser's valuation methods.

  • How the large cash advantage of S corporations ESOPs may, (and may not) be reflected in the appraised fair market value.
  • How to assess your current appraiser's valuation methods.
NCEO Webinar: What You Need to Know as an Internal ESOP Fiduciary
Jun
16
9:30 am09:30

NCEO Webinar: What You Need to Know as an Internal ESOP Fiduciary

Join Columbia Financial Advisors, Inc. Principal, Arlene Ashcraft present the webinar "What You Need to Know as an Internal ESOP Fiduciary."

About This Meeting

As an internal ESOP fiduciary, you have substantial legal responsibilities. This Webinar will discuss what fiduciaries do, how they can deal with audits and avoid lawsuits.

You will learn:

  • The roles and responsibilities of an internal trustees, including lessons from case law and the most common problems.
  • Best practices to follow to avoid any legal challenges or audits.

 

The NW Chapter of The ESOP Association Retreat for Senior Managers
May
19
8:00 am08:00

The NW Chapter of The ESOP Association Retreat for Senior Managers

  • Deschutes Brewery

Donny Springer of Columbia Financial Advisors, Inc. will be attending the Northwest Chapter of The ESOP Association Retreat for Senior Managers in Bend, OR.

Tuesday, May 19th - Donny Springer will be leading a panel discussion on "Recent Developments in Fiduciary Roles for ESOP Trustees."

This program is designed for Senior Managers. For more information, please contact Jenifer McDonald at (916) 634-4201 or jenifer@nw-esop.com

 

38th Annual ESOP Conference & 24th Awards Ceremony
May
7
May 8

38th Annual ESOP Conference & 24th Awards Ceremony

  • Renaissance Washington Hotel

Arlene Ashcraft and Donny Springer of Columbia Financial Advisors, Inc. will be attending the 38th Annual ESOP Conference in Washington, DC.

Thursday, May 7th at 10:00am Donny Springer will be speaking in the following presentation: "Basics of ESOP Stock Valuation"

Contact Rosemary Clements or Maya Van Buren at (202) 293-2971 or meetings@esopassociation.org

2015 NCEO Employee Ownership Conference
Apr
21
Apr 23

2015 NCEO Employee Ownership Conference

  • Denver, CO

Columbia Financial Advisors, Inc. is pleased to sponsor the 2015 NCEO Employee Ownership Conference!

Arlene Ashcraft and Donny Springer of Columbia Financial Advisors, Inc. will be speaking at this event. We hope to see you there!

Tuesday, April 21st at 10:30am Arlene Ashcraft will be speaking in the following presentation: "Key Executive Compensation in ESOP Companies"

Wednesday, April 22nd at 10:30am Donny Springer will be speaking in the following presentation: "Planning Compensation and Benefits in an EO Company"

This is where the employee ownership world meets. Join us there.

As the nation's premiere gathering on employee ownership, the NCEO's annual conference provides an ideal opportunity to learn, network, and share your knowledge with others. Our 2015 conference in Denver will build on the sold-out success of our 2014 conference in Atlanta, where over 1,200 attendees joined us.

 

Two Day Professional ESOP Forum
Feb
26
Feb 27

Two Day Professional ESOP Forum

  • New Orleans, LA

Arlene Ashcraft of Columbia Financial Advisors, Inc. will be attending the Two Day Professional ESOP Forum in New Orleans, LA.

The ESOP Association is holding a two day open discussion forum for Professional Members of The ESOP Association. [Professional Members of The Association are sellers of services to ESOP plan sponsors and to parties considering creating an ESOP. Examples of the services are legal, third party administration, valuation, finance, management consulting, financial advice, trustee, and similar services.]

Led by the Chairs of the highly respected Association Advisory Committees on Valuation, Finance, Legislative and Regulatory Affairs, Administration, Ownership Culture and Fiduciary Issues, this two day program will lay bare the tough issues facing ESOP professionals, and present the pros and cons of different views.  The goal is not only to air different view-points, but to move towards consensus as to “best practices” by the ESOP service provider community.