Experts in Valuing Businesses, Securities, and Intangible Assets

about us

Valuation issues are becoming increasingly complex and central to financial reporting for many organizations. Mastering these valuation challenges requires multi-disciplined expertise in finance, accounting, and economics; in-depth understanding of evolving financial markets; and skills in using and managing complicated valuation metrics. Our staff meets those requirements. They have undertaken extensive finance research and they have published in peer-reviewed journals, but their work is grounded in real world valuation experience.Our staff members also have many years of effective interaction with auditors of the Big 4, and other firms and their valuation specialists. This combination enables Axiom Valuation to deliver an unparalleled level of service to clients.

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Axiom Equals Assurance


Management Team

Dr. Stanley J. Feldman

Chairman and Co-founder

Stanley J. Feldman
Stan is the chief valuation officer for the company, and has overall responsibility for the company's signed valuation reports and for the company's valuation analysis systems. He directly manages the company's valuations for financial reporting and fair value projects.

Stan has consulting and academic experience in the valuation of privately held and publicly traded firms, along with extensive real world experience. He is an expert in the valuation of complex financial securities, including thinly traded equity and fixed income instruments, and public and privately held businesses. He helped to draft FAS 157(now Topic 820), the fair value standard, as a member of the Financial Accounting Standards Board's (FASB) Valuation Resources Group, an external advisory committee on valuation issues.

Stan received a B.A. in Economics from the City University of New York, Hunter College, a M.A. in Economics from the New School for Social Research, and a Ph.D. in Economics from New York University.

E-mail: sfeldman@axiomvaluation.com

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Roger M. Winsby

President and Co-founder

Roger has overall responsibility for Axiom Valuation operations. He is the company's principal valuation analyst for the Value Estimate Service, and is the principal analyst in most certified business valuations. He is a Certified Machinery and Equipment Appraiser through the National Equipment and Business Builders Institute, www.nebbi.org, and is a member of the Society of Business Analysts. He also manages the company's finances, marketing, human resources, and technology infrastructure.

Roger has directed over 1,000 valuation assignments over the last several years, covering a wide array of industries and geographical markets. The companies valued have ranged from firms with under $1 million in sales to firms with over $1 billion in sales.

E-mail: rwinsby@axiomvaluation.com

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Vladimir Hulpach, CVA

Managing Director

Vlad is the Axiom Valuation Arizona Managing Director and a Senior Valuation Analyst for the firm. He has extensive experience in financial planning and counsulting including valuing equities, derivatives, and alternative investments.

He also earned a reputation in real estate development having founded a company which completed multi-use commercial buildings projects in Arizona along with a resort master-plan and land subdivisions. His experience extends to the hospitality business where he ran a US tour company and headed a congress and convention division of a state owned hotel and travel corporation in the Czech Republic.

Vlad received master degrees in Economics and International Trade from the University of Economics in Prague and completed a Boston University financial planning program. He holds a Certified Valuation Analyst designation and is an active member of National Association of Certified Valuators and Analysts (NACVA).

Email: vhulpach@axiomvaluation.com

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