Valuing Small Businesses for Estate Purposes

On May 4, 2014, Roger Winsby, President, Axiom Valuation Solutions  attended the California Probate Referee Convention in San Diego, California. Roger gave a presentation entitled “Valuing Small Businesses for Estate Purposes – Small Does Not Mean Simple”, where he discussed issues such as the importance of facts and circumstances in valuing small businesses and the use of financial models and empirical data to support assumptions and adjustments.

The presentation also included case studies of operating businesses, asset holding entities, and case studies by industry — including construction companies, the machine tool industry, and personal services industries.

Click here for a copy of the presentation.

Mr. Vladimir Hulpach, CVA, Named Managing Director of Axiom Valuation Solutions Arizona

Axiom Valuation Solutions Arizona is an affiliate of Axiom Valuation Solutions, a leading business and financial security valuation firm serving clients across North America, Europe, Latin America, and Asia. As Managing Director, Mr. Hulpach will be responsible for engagements that run the gamut from valuing private firms for various purposes, including estate planning and acquisitions, to valuing various types of intangible assets including patents and trade names.

Mr. Hulpach received master degrees in Economics and International Trade from the University of Economics in Prague, and he has recently been awarded the prestigious Certified Valuation Analyst (CVA) designation from the National Association of Certified Valuators and Analysts.

Vlad Hulpach, CVA

Vlad Hulpach, CVA

“We are very fortunate to have a person of Vladimir’s talents and capabilities joining the Axiom family,” states Dr. Stanley Jay Feldman, Chairman of Axiom Valuation Solutions. “Axiom has been a leader in providing fixed price, cost-effective, high quality valuation services nationwide. Vladimir will be able to provide Axiom’s valuation services and financing connections to business owners in the Valley, while also contributing his local knowledge, contacts, and expertise to these engagements. This combination of local and national knowledge, connections, cost-effectiveness, and expertise will deliver solutions to Arizona companies that have simply not been available in this market.”
Since 2001, Axiom has provided a comprehensive range of valuation services to thousands of business owners of private companies, private equity and venture capital financed companies, and public companies. In 2013, two long-time Axiom clients, Chimerix and Oxford Immunotec, had successful IPOs. Axiom played a critical role for both companies in developing the valuation analyses used in the SEC filings.

“I am looking forward to working with Axiom that has an in-depth understanding of what it takes for private firms to expand, has access to capital sources needed to finance private firm growth, and is recognized by the BIG 4 and various regulatory agencies as a highly qualified valuation firm. Working together, we will deliver enormous value for our clients,” states Mr. Hulpach.

Fair Value of Loans: Solutions for Alternative Investment Managers and Banks – A Webinar

Axiom Valuation Solutions and Axiom Valuation Solutions Europe (AVSE) present a webinar exploring the global loan market, specifically looking at Axiom’s approach to determining fair value of a loan, default probabilities of loans and the recovery value of loans.

Objective:  This webinar will give the participants a greater understanding of approaches to valuing loans in light of the new AIFMD requirements.  It will also demonstrate straight forward methodologies for looking at default probabilities and recovery values of loans with implications for loss reserves for loans.  This should be of interest to Alternative Investment Managers holding loans as well as banks who are making loans.

July 22, 2013, is a date that every Alternative Investment Fund which does business in Europe should be aware of. This is the date that the Alternative Investment Fund Managers Directive (AIFMD) went into effect. The Directive establishes common requirements governing the authorization and supervision of any Alternative Investment Fund Manager who is located in the European Union or sells to clients in the Union.

The webinar will cover the following topics:

  • Fair Value of Loans:  A Case Study
    Dr. Stanley Feldman, CEO and Founder of Axiom Valuation Solutions
  • Default Probabilities and Recovery Values of Loans   Dr. Thomas Klepsch, Vice Chairman of the European Bond Commission and Senior Advisor to Axiom Valuation Solutions Europe (AVSE)

Click Here to Register