Fred an Accredited Senior Appraiser (ASA) with the American Society of Appraisers, holds the Accredited in Business Valuation (ABV) designation awarded by the American Institute of Certified Public Accountants, is a Certified Public Accountant, and holds an MBA in Finance with distinction from DePaul University in Chicago. As founder of Brookwood Vance, Fred brings over 25 years of accounting and finance experience including nine years as a principal and equity owner of another business valuation firm, and seven years as vice president in charge of the closely held business and real estate division at American National Bank and Trust Company of Chicago. He also functioned as head of the personal trust department and served as board member and financial advisor for several closely held businesses managed by the department.

Fred has served clients across a broad range of industries by performing hundreds of business and partnership valuations for virtually every conceivable reason with the most frequent being gift and estate tax support, employee stock ownership plans, merger and acquisition transactions, litigation support, and compliance with financial accounting reporting standards (intangible asset recognition, goodwill impairment testing, and option/warrant pricing).

Fred has been retained as an expert witness on various valuation matters and has represented a consortium of non-utility energy suppliers before the Illinois Commerce Commission. He is a frequent speaker and has addressed such diverse organizations as the ESOP Association, Illinois CPA Society, National Gas Association of Houston, Canadian Energy Research Institute, Wisconsin Association of Manufacturers and Commerce, Texas Society of CPAs, Midwest Cogeneration Association, National Center for Employee Ownership, Institute for International Research, and the South Suburban Estate Planning Council. In addition, Fred has served as a guest lecturer at DePaul University and John Marshall Law School in Chicago, Illinois.

Fred received his Bachelor of Science in Accountancy from Northern Illinois University. He is active in several professional associations and has served numerous capacities including Chair of the Illinois Corporate Fiduciaries Association's Family Business and Real Estate Committees, founding three-term President of the Business Valuation Association, six-year past Vice President of the Illinois Chapter of the ESOP Association. Fred is currently a member of the National Valuation Advisory Committee of The ESOP Association and serves the Illinois CPA Society as a member of its Tax Executive Committee and as Chair of its Estate and Gift Tax Committee.