Tag Archives: Capital Trustees

The ESOP Podcast Episode 35 – Annual Updates for ESOP Participant Statements

Rich Heeter, Brian Keisling, and Bret Keisling

The ESOP Podcast Episode 35 – Annual Updates for ESOP Participant Statements

In this week’s episode of the ESOP podcast, Capital Trustee’s Managing Directors Bret Keisling and Rich Heeter and Client Engagement officer Brian Keisling kick off the 2018 summer season– which in the world of ESOPs is also known as Annual Update season!

We step through the work ESOP trustees do in partnership with an independent qualified valuation advisor to determine the value of a (non-publically-traded) company for the annual update, which then feeds into the plan participant statements. This is a key document for employee-owners, as this is that statement that updates them on thier share of their company’s value.

Successor Trustee Due Diligence Document Request

As mentioned at the 31:43 mark in the podcast, here is a sample Successor Trustee Due Diligence Document Request list so that listeners can see the types of information requested during this phase of the process.

Rich Heeter, Brian Keisling, and Bret Keisling

Rich Heeter, Brian Keisling, and Bret Keisling


Subscribe!

We Want to Hear from YOU

Do you have feedback about this or any other episode of The ESOP Podcast? Do you have a topic that you would like for us to discuss on the show? Would you like to appear on the podcast as a featured guest or a panelist in a group presentation? Then we want to hear from you! Send us an email at podcast@captrustee.com.

The ESOP Podcast Episode 26 – Internal vs. External ESOP Trustees

Brian Keisling

The ESOP Podcast Episode 26 – Internal vs. External ESOP Trustees 

In this week’s episode of The ESOP Podcast, Bret Keisling is joined by Capital Trustees’ Client Relations Associate, Brian Keisling, to discuss the ins and outs of internal vs. external trustees and the engagement process for switching to an external trustee. Topics include the risks faced by all trustees, the early stages of a new relationship between company and trustee, and how making the switch may or may not affect the valuation process.

 

Brian Keisling

Capital Trustees’ Client Relations Associate, Brian Keisling

Bret Keisling presenting on one aspect of an external trustee’s obligations at the ESOP Multi-State Conference in September 2017.


Subscribe!

We Want to Hear from YOU

Do you have feedback about this or any other episode of The ESOP Podcast? Do you have a topic that you would like for us to discuss on the show? Would you like to appear on the podcast as a featured guest or a panelist in a group presentation? Then we want to hear from you! Send us an email at podcast@captrustee.com.

The ESOP Podcast Episode 20 – Directed versus Discretionary ESOP Trustees

ESOP Podcast Ep 20 Periscope

The ESOP Podcast Episode 20 – Directed versus Discretionary ESOP Trustees

In this week’s episode of the ESOP podcast, recorded on Groundhog Day, February 2nd, 2018, Capital Trustee’s partners Bret Keisling and Rich Heeter outdo fellow Pennsylvania native Punxsutawney Phil and Rich predicts the winner of Super Bowl LII.  Also, as predicted on previous podcasts, they discuss the differences between directed and discretionary ESOP trustees. Other topics include how to qualify an independent valuation advisor, hiring an external trustee, and how the valuation process and other matters are handled by an external trustee.

Key takeaway: A trustee’s responsibilities and processes should be identical regardless of whether you are internal or external. A fiduciary is a fiduciary is a fiduciary!

ESOP Podcast Ep 20 Periscope
Rich Heeter and Bret Keisling at Capital Trustees’ Offices recording the podcast, as seen on Periscope on February 2nd.

Watch the live recording of the intro to Episode 20 on Periscope to see Rich Heeter’s stunning football prediction powers in action.

Speaking of Periscope, tune in live on Twitter @CapTrusteeBret on Thursday, February 8th, when we plan to Periscope our panel discussion with Mark R. Kossow, Esq., an ESOP attorney with Archer & Greiner P.C., and Rob C. Hilton, ASA, a valuation advisor at Katz, Sapper & Miller.  The theme will be “ESOP 101: What, Why, and How.”  The podcast will be released on Tuesday, February 13th, and we also plan to release the accompanying ESOP 101 Presentation slideshow to video.


Subscribe!