Podcast: The employee stock ownership plan advantage

How can employee stock ownership plans (ESOPs) be used as a succession planning tool for registered investment advisor firms? In this episode of Bank on Wipfli, we explore the benefits of ESOPs and discuss how to implement them.

Special guest Nicholas Karalis, vice president of Wintrust Commercial Banking, joined Wipfli partner Robert Zondag to discuss:

• The tax advantages of ESOPs for both sellers and companies.
• How to successfully implement an ESOP.
• How companies structured as S corporation ESOPs may be tax-exempt, making them an attractive option for ownership transition.

Listen in to learn more.

Explore more insights:

• The intricacies of ESOP valuations
• The importance of credible transaction advisory service support
• The rise of ESOP – Top 5 reasons companies are choosing this ownership structure