Financial Services Update – Webinar
Andrew Smith, President at Houlihan Capital, recently joined RSM and Mainstream Group for a virtual discussion to share insights on today’s rapidly changing environment due to COVID-19. Topics Discussed: Data incomparability What is fair value Lag in financials (Consistency) Valuation, quarter to quarter (stale marks) Dry powder, looking for deals at record levels (Client/Prospect) For […]
The State of Valuations in Light of COVID-19 Webinar
Michael Norton, Director, and Andrew Smith, President, recently joined ACG Chicago for a virtual discussion on how the current environment is impacting valuations. For those who did not have a chance to join the webinar, a video recording link is provided below: For any questions regarding this webinar or valuation assistance, please contact:
SEC Adopts New Framework for Fund Valuation Practices
On December 3, 2020, the Securities and Exchange Commission (SEC) voted to adopt Rule 2a-5, a new rule to modernize fund valuation practices. The rule clarifies how fund boards can satisfy their valuation obligations, including an increase in the variety of asset classes held by funds and increase both the volume and type of data […]
Thinking about Gift & Estate Tax Planning? Here’s what you should know.
Many people are wondering how the tax code will be impacted and if there are estate planning actions they can take before the end of the year. Exemptions may decrease. The current estate gift tax exemption is $11.58 million, which is effective for five (5) years and will revert in 2026 to its sunset amount […]
Andrew Smith, President, Participates on Fund Valuation Webinar Panel
Andrew Smith, President, recently was invited by Kirkland and Ellis to speak on a virtual panel, along with other industry experts, for an in-depth discussion of the impact of COVID-19 on private fund valuations and the resulting implications for financial reporting. Topics discussed: Insights for CFOs and CCOs in approaching the valuation process Current “market” […]