News - 3/12 - SES Advisors
  • 888.SES.ESOP
News & Events

Marketing Firm Benefits from ESOP implementation

Nina Hale is a grateful capitalist. A veteran marketer for years at other companies, Hale, 49, launched her eponymous digital-marketing agency, Nina Hale Inc., in 2005. She invested $2,700 in a computer, phone and a month’s rent for a small office in the Lyndale-Lake neighborhood of south Minneapolis. This year, the downtown agency of 60 employees expects profitable revenue of $9 million-plus. In early 2014, Hale projected the firm would grow revenue by 8 percent annually over four years. It grew 30 percent in each ... Read more

Mark Your Calendars: Upcoming Learning Opportunities

News & Events Mark Your Calendars: Upcoming Learning Opportunities Author: Beth Chambers   Speakers from SES Advisors and our sister law firm, Steiker, Greenapple & Fusco, will be at a number of upcoming events. For more information, follow the links below or contact us. November 12–13, 2015 — Several of our advisors will be presenting at The ESOP Association’s 2015 ESOP Conference and Trade Show in Las Vegas: Jim Steiker will discuss “Duties and Responsibilities of Trustees.” Tina Fisher will discuss “Diversification and Current Trends, Including Mandatory Diversification.” Steve ... Read more

AACE 2015 Winners have been announced

SES Advisors would like to congratulate all of the ESOPs who were nominated for an AACE 2015 award. We would especially like to send our warmest congratulations to our client Fabric Services who were runner up in the category "Special Events & Promotions – One Outstanding Event, 250 or Fewer Employees" From The ESOP Association Website: The Annual Awards for Communications Excellence (AACE) are sponsored by The ESOP Association to recognize the outstanding communications programs of its members. AACE winners are chosen by a ... Read more

Hannibal Industries Features in LA Times for their Impressive & Strategic Growth

SG&F sends a hearty congratulations our client, Hannibal Industries, whose strategic and impressive recovery was featured in a recent LA Times article. Hannibal Industries, a large scale, California-based manufacturing company, became an employee owned company via ESOP in 2008.  Then the Recession hit, slashing Hannibal’s revenue in half, and causing a 50% reduction in its workforce.  Since then, the company successfully fought for survival, reinventing itself with efficiency, innovation and creative repurposing.  It is now on target to exceed its pre-2008 revenues ... Read more

Celebrating 25 years or more as an ESOP company

SES Advisors is proud to congratulate three of our long time clients who have been awarded The ESOP Association's 2014 Silver ESOP Award. Congratulations to: SECHAN Electronics, Inc. Lititz, PA Tunnell Consulting, Inc., King of Prussia, PA Unette Corporation Randolph, NJ We are proud of these three clients, but also all of the award winners who have shown a strong commitment to Employee Ownership. As ESOP Association President, J. Michael Keeling recently said: “Research proves that employee owned companies provide more sustainable employment and preserve locally-controlled jobs in today’s global economy.” ... Read more

Upper Valley Press Becomes 100 Percent Employee Owned

NORTH HAVERHILL, NH—February 19, 2014—Upper Valley Press announced that it has become 100 percent employee owned through an Employee Stock Ownership Plan.The company was founded in 1975 by Chip and Carol Harris and employs 95 employees. Upper Valley Press prints daily and weekly newspapers, as well as advertising circulars. Dennis DeVaux, senior vice president, Phil Hayward, president, and Chip Harris were the selling stockholders. All three executives will remain with the company.“It is important to us as stockholders to preserve local ... Read more

Welcome Back Tina Fisher

Tina Fisher returns to SES' Plan Services Group We are excited to welcome Tina back to the SES Advisors Plan Services Group. Tina will serve as vice president in the firm’s Ohio office, providing consulting and technical support to clients and internal staff on retirement plan design, compliance and administrative issues for ESOPs.Tina brings more than 21 years of experience working with qualified retirement plans, including 17 years focusing on clients with Employee Stock Ownership Plans (ESOPs). Contact Tina Fisher: 215.508.7717 tfisher@sesadvisors.com Medina, OH Read more

IRS Issues Post Windsor Cafeteria Plan Guidance

Read more

SES to Sponsor and Paul Fusco to Present at the NCEO Feasibility and Best Practices for S Corporation ESOPs Seminar in Scottsdale, AZ

Date: February 25, 2014Location: Chaparral Suites, 5001 North Scottsdale Road, Scottsdale, AZSES Advisors is pleased to sponsor and present at NCEO's Feasibility & Best Practices for S Corporation ESOPs seminar to be held February 25, 2014 in Scottsdale, AZ.  This one-day meeting brings together leading experts from around the country to provide a practical, step- by- step guide to determine if an ESOP will work for you, and if it does, how to set up a plan that will work.Paul Fusco will present ESOP Transaction Structures at 9:30 a.m. ... Read more

Iowa Launches Programs to Increase ESOPs

According to the NCEO Employee Ownership Update, the Governor of Iowa, Terry Branstad (R) announced on November 12 that a public-private partnership would host a series of five meetings around the state in November and December, designed to inform business owners about the advantages and incentives supporting ESOPs. In recent years, Iowa has passed a 50% state-level capital gains deduction for qualified ESOP sales and a program to provide state financial support for ESOP feasibility assessment. Gov. Branstad says, "ESOPs are ... Read more
Page 3 of 1212345...10...Last »
Is an ESOP right for you?
×