The Employee Stock Ownership Plan Exit Strategy
Santa Barbara Estate Planning Council Meeting February 28, 2017
“The Employee Stock Ownership Plan Exit Strategy”
The Combination of progressive employee stock ownership plan (ESOP) legislation, favorable tax attributes, potentially higher taxes and an aging baby-boomer generation makes ESOPs an attractive option that private company founders and the people who advise them should consider.
John R. Nelson, Esq.
Managing Director, NFP
John R Nelson is the NFP Retirement’s managing director of the Central Coast. He leads a team of dedicated specialists who focus on delivering comprehensive consulting, investment, and advisory and plan design services.
John graduated from Loyola Law School in Los Angeles, He has passed the following FINRA exams: 6 (Investment Company Products/Variable Contracts Representative), 26 (Investment Company Products/Variable Contracts), 63 (Uniform Securities Agent State Law Exam) and 65 (NASAA-Investment Advisors Law Exam). In addition to an insurance license with the California Department of Insurance.
Member of the Employee Benefits Committee of the State Bar of California, the Western Pension & Benefits Council, the American Society of Pension Professionals & Actuaries (ASPPA) and the ESOP Association, the national trade association of ESOP companies and professionals.
John is a nationally recognized ERISA attorney and investment advisor and typically acts as a 3(21) fiduciary under ERISA.