On August 1st, 2014, Voltaire Advisors released the first “Valuation Risk Handbook”:

 Axiom Valuation Solutions is proud to be included in the directory of the first annual edition of Voltaire Advisors’ new handbook. Voltaire Advisors has sought a way to shed light upon some of the issues that firms today are dealing with.  Valuation issues are becoming increasingly complex and central to financial reporting for many organizations.  As the complexity has increased for these organizations, issues have also arisen for the valuation firms:

The Voltaire Advisors Valuation Risk Handbook aims to present, in one easily accessible publication, a clear and comprehensive review of the key issues currently facing firms involved in the ongoing valuation of financial instruments, and the sources of pricing, data and models available to them to assist their efforts. Nowhere previously has this information been collated in one volume, and we firmly believe that our Handbook will become an indispensable resource for valuations professionals.

(Excerpted from Valuation Risk Handbook, 2014)

 To download the FREE handbook and directory, click here: www.voltaireadvisors.com

Valuation Risk Handbook

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.

Axiom Valuation Moderates Session at BEPC on Maximizing After-tax Proceeds of the Sale of a Closely Held Business

Roger Winsby, President and co-founder of Axiom Valuation Solutions, filled in for Dr. Stan Feldman at the Boston Estate Planning Council (BEPC) February Member Round Table Breakfast on February 4, 2014.

Program Title:  Maximizing the after-tax Proceeds of the Sale of a Closely-held Business

Program Description:    One of the many  myths of selling a closely-held business is that the best sales price also yields the most after-tax proceeds. This seminar will address why this may not always be the case, how to structure a transaction to ensure that all of the seller’s objectives are met including maximizing  the after-tax proceeds  of the sale and minimizing  what we  term deferred liability- the risk of the seller not getting what was negotiated.   Benefits to attendees include:

1.      Learning how identifying and quantifying personal goodwill offers a way to maximize the after-tax proceeds of a sale.

2.      Learning what the conditions need to be to minimize IRS pushback from using a personal goodwill strategy.

3.      Learning why identifying and valuing the intangible assets, excluding goodwill, of a business results in a business owners receiving higher sales multiples

4.      Learning that deal terms often have hidden costs that far outweigh their tax benefits.

        Link to Presentation PDF:          2013.02.04. Maximizing After-tax Proceeds of Sale

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

Welcome to Axiom on Value, the blog of Axiom Valuation Solutions

We are a business and securities valuation firm working globally across all industries.  We will be posting valuation-related content on a wide variety of topics.   We look forward to your feedback!