Our expertise allows us to effectively evaluate the most complex ESOP ownership structures
With decades of ESOP consulting experience, we can help you navigate the complexities of operating your business and mastering the challenges of your ESOP ownership structure.
Our analyses provide a complete assessment of companies’ ability to retain adequate growth capital while meeting ESOP repurchase obligations through expertise in:
- Developing optimal ESOP funding strategies
- Modifying plan operating features to achieve strategic objectives
- Managing active vs. inactive participants
- Considering “Have vs. Have-not” implications and strategies
- Analyzing and determining optimal participant benefit levels
- Operating within the bounds of regulatory compliance limits
Leveraging our deep legacy knowledge of ESOP repurchase obligation software, we have developed the most robust, versatile, and sophisticated ESOP repurchase obligation analysis in the industry. Our flexible analysis, coupled with deep team expertise, allows us to tackle the most complex ESOP situations.
—JOHN OKUBO, CFO,
ARCHITECTURAL GLASS & ALUMINUM
“With very substantive issues involving inequitable ESOP wealth accumulation across our company’s workforce, stock value of 4.5x qualified compensation, and significant near-term ESOP repurchase obligations attributable to a bulge in imminent retirements, management has been an on-going, and to-date unsolvable dilemma. Working with Chartwell, our company has been provided with a sustainability study that – for the first time - identifies structural plan changes that I’m confident will set the company on a path to optimize its funding of repurchase obligations and also optimize the balance of ESOP benefits accruing to all of our plan stakeholders.”
AVI SYSTEMS, INC.
“As is often the case with a mature ESOP, we had a notable amount of ownership concentration in our plan that challenged us with having to figure out how to balance the needs of the ESOP with the capital we needed to execute our corporate strategic plan. We engaged Chartwell to analyze virtually every viable repurchase obligation situation we could think of. With their input and guidance, we developed a solid strategy that has allowed us to proactively work through what potentially could have been a very difficult situation for the company. It is fair to say our board is pleased with the results and has high regard for the team we have worked with at Chartwell."
—JEFF PLACEK, CFO, MCCOWNGORDON CONSTRUCTION
“McCownGordon found the Chartwell team very easy to work with during our sustainability study, especially given the wide variety of scenarios we investigated. We appreciate how thorough the team is and find their recommendations very valuable in making decisions concerning cashflow projections and share price volatility.”
—MIKE MALLARO, CEO,
VGM GROUP, INC.
“Our company has had the pleasure of working with Chartwell since we launched our ESOP over a decade ago. A project in 2020 we sought and received the Chartwell team’s help on was a major ESOP restructuring that resulted in us optimizing the impact of our ESOP for decades to come while providing early diversification and managing repurchase obligation. The project was a big win for VGM and its employee-owners and it would not have been successful without the work Chartwell did for us and with us. We have tremendous respect for the people of Chartwell and their approach to client service – and highly recommend them.”
From the Experts
“I really enjoy working with and educating companies of all stages on the ins-and-outs of managing their ESOPs. To know we have helped a company understand all the available options and have recommended a solution that will best help them meet their unique objectives is truly rewarding.”
Tina DiCroce, Director
“My career has been devoted to helping ESOP-owned companies sustain their businesses and manage through their unique challenges. It has been an absolute pleasure working with companies across all industries and tailoring custom solutions to help them meet their goals.”
Ryan Graham, Director