ESOPs: A tax-efficient exit strategy
Is your company a good ESOP candidate? Join UBS – The Buetel Wealth Management Group’s Senior Vice Presidents, Brian Charles Buetel, CPWA®, CEPA, CTFA and Cameron Buetel, CFP®, CEPA; Managing Director, UBS Private Wealth Management-The Capital ESOP Group, Nick J. Francia; and Family Business Magazine’s Publishing Director, David Shaw, to determine if this type of strategy aligns with your business’s specific goals and circumstances.
Thursday, June 29, 2023
2 PM ET | 11 AM PT
60 minutes
ESOPs, or Employee Stock Ownership Plans, can be utilized as an exit strategy for business owners looking to transition out of their companies. An ESOP allows employees to acquire ownership in the company through the allocation of company stock. By establishing an ESOP, a business owner can gradually transfer ownership to employees over time. This process enables the owner to sell a portion or all of their shares to the ESOP trust, thereby allowing employees to become beneficiaries of the trust and gain ownership rights as they vest in the plan. ESOPs can offer tax advantages for both the business owner and the company.
This webinar will address:
- Pros and cons of ESOPs vs. other exit strategies
- How an ESOP is implemented and maintained
- How ESOPs offer flexibility to the family of owners and the tax advantages that ESOPs can provide
- Employee productivity, involvement and retention benefit
Speakers
Brian Charles Buetel, CPWA®, CEPA, CTFA
Senior Vice President, Private Wealth Management, UBS-The Buetel Wealth Management Group
Brian Buetel brings three-plus decades of financial-planning experience to The Buetel Wealth Management Group, which he founded upon joining UBS in 2016. His in-depth knowledge ranges from complex investment and estate planning to private-business succession and transition strategies.
“Ours is a multi-generational practice dedicated to transparency and the relentless pursuit of knowledge in all aspects of our advice and guidance,” “We specialize in families seeking to empower the next generation to preserve and grow family wealth, whether it’s attained through sale of a family business or transition of assets.”
Cameron Buetel, CFP®, CEPA
Senior Vice President, UBS-The Buetel Wealth Management Group
“Our goal is to achieve not just excellence in financial advice but to serve the ultra-High net worth individual, family and business owner. To help them in protecting and preserving their legacy ,wealth and all the things that are important to them so they can grow and prosper for generations”.
At The Buetel Wealth Management Group, Cameron and his father Brian address the needs of closely-held businesses, from tailored lending to investment banking services. They also provide customized financial planning to High Net Worth individuals and families.
“Our practice is truly multi-generational,” “We are currently working with the fourth generation of some clients’ families.
Nick J. Francia, CEPA
Managing Director, UBS Private Wealth Management-The Capital ESOP Group
Nick joined UBS in 2011. Prior to his tenure at UBS, he worked with high net worth individuals at a hedge fund in Greenwich, CT.
He is frequently asked to speak on a national level regarding employee stock ownership plans and §1042 rollovers. He is an associate member of the finance committee for the ESOP Association and a member of the National Center for Employee Ownership. Nick was also appointed vice president of Business Networking International in Washington, DC.
David Shaw
Publishing Director, Family Business Magazine
Benefits
This presentation is for informational and educational purposes only and should not be relied upon as investment advice or the basis for making any investment decisions.
The views and opinions expressed may not be those of UBS Financial Services Inc. UBS Financial Services Inc. does not verify and does not guarantee the accuracy or completeness of the information presented.
Important information about brokerage and advisory services.
As a firm providing wealth management services to clients, UBS Financial Services Inc. offers investment advisory services in its capacity as an SEC-registered investment adviser and brokerage services in its capacity as an SEC-registered broker-dealer. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that you understand the ways in which we conduct business, that you carefully read the agreements and disclosures that we provide to you about the products or services we offer. For more information, please review the client relationship summary provided at ubs.com/relationshipsummary, or ask your UBS Financial Advisor for a copy.
© UBS 2023. All rights reserved. UBS Financial Services Inc. is a subsidiary of UBS Group AG. Member FINRA/SIPC.
Sponsor
