Brookwood Vance
A firm dedicated to valuing privately held equity interests and evaluating ownership succession alternatives for business owners.
Welcome
Business valuation is often referred to as an art and a science. The credibility of your appraisal, however, is necessarily linked to the proper application of generally accepted valuation principles. The ongoing work of the business valuation profession is to protect against the misapplication of art and science in the increasingly complex area of equity valuations.
Brookwood Vance has the experience and credentials necessary to provide you with a defensible work product prepared in accordance with generally accepted valuation principles. We would welcome an opportunity to shed some light on your particular valuation or ownership succession need.
Fred H. Jahns
MBA, CPA / ABV, ASA
(630) 582-6610 fjahns@brookwoodvance.comPractice Areas
Brookwood Vance specializes in valuing privately held business and partnership interests, stock options, and intangible assets for a variety of purposes.
The firm serves a national client base comprised of a broad array of market sectors and industries with appraised equity values ranging from more than $5 billion to less than $2 million.
- Corporate Transactions
- Compliance with Financial Accounting Standards
- ESOP Structuring and Administration
- Estate Planning
- Litigation Support
- Marital Dissolutions
- Ownership Succession Planning
- Probate and Trust Administration
Experience
Fred is 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 (CPA), and holds an MBA in Finance with distinction from DePaul University in Chicago. As founder of Brookwood Vance, Fred brings over thirty years of accounting, finance and business valuation 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.
Serving clients across the country involved in a broad range of industries, Fred has personally performed over a thousand business and partnership valuations of privately held entities. Engagements have been undertaken for various client requirements with the most frequent being estate and gift tax support, employee stock ownership plan formation and administration, merger and acquisition transactions, litigation support, and compliance with financial accounting reporting standards (intangible asset recognition, goodwill impairment testing, and option/warrant pricing).
A frequent speaker, Fred has addressed such diverse organizations as the ESOP Association, Illinois CPA Society, DuPage Estate Planning Council, the 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, and as an adjunct professor at Concordia University-Chicago.
Fred received his Bachelor of Science in Accountancy from Northern Illinois University. He is active in several professional associations and has served in numerous capacities including Chair of the Illinois Corporate Fiduciaries Association's Family Business and Real Estate Committees, three-term President of the Business Valuation Association, six-year Vice President of the Illinois Chapter of the ESOP Association. Fred has also served the Illinois CPA Society as a member of its Tax Executive Committee and as a past Chair and current member of the Estate and Gift Tax Committee. Fred currently serves as an emeritus member of the ESOP Association’s National Valuation Advisory Committee.
Fred has been accepted as an expert by courts in Cook County, Illinois, Kane County, Illinois and Maui, Hawaii. He has consulted and testified on various valuation matters involving family disputes and shareholder oppression. He has also testified on behalf of a consortium of energy suppliers before the Illinois Commerce Commission.
Designations & Affiliations
Professional Designations
- Certified Public Accountant
- Accredited Senior Appraiser (ASA) in Business Valuation
- Accredited in Business Valuation (ABV) Designation
Affiliations
- American Institute of Certified Public Accountants
- Illinois Chapter of the ESOP Association
- Three Term Past President, Business Valuation Association
- Chicago Estate Planning Council
- DuPage County Estate Planning Council
- ESOP Association
Lectures & Speaking
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"Valuation of Holding Companies"
DuPage Estate Planning Council
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"To ESOP Or Not To ESOP, That is the Question"
Illinois Winter ESOP Conference
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"Common Misunderstanding in Business Valuation"
The Illinois CPA Society
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"Saving Money in a Leveraged ESOP Transaction"
Midwest Regional ESOP Conference
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Illinois CPA Society
Annual Estate and Gift Tax Conference
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"Saving Money in a Leveraged ESOP Transaction"
Illinois Chapter of the ESOP Association
Annual Conference
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"The ESOP Advantage"
Midwest ESOP Regional Conference
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"The ESOP Advantage"
Midwest ESOP Regional Conference
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Conference Chair
Illinois CPA Society
Annual Business Valuation Conference
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"Overview of the Valuation Process"
The ESOP Association
37th Annual ESOP Conference
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“Valuation Fundamentals and Update on Recent Developments for ESOP Valuations”
Illinois Chapter of the ESOP Association
Winter Conference
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“Managing and Funding Repurchase Obligations in a Mature ESOP”
National Technical Conference
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Adjunct Professor
“New Venture Creation” Course
Concordia University-Chicago
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Conference Chair
Annual Business Valuation Conference
Illinois CPA Society
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“Business Valuation Demystified”
DuPage Estate Planning Counsel
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“Basic ESOP Valuation”
The ESOP Association
National Technical Conference
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“Basics of Valuation”
The ESOP Association
Midwest Conference of ESOP Champions
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“Managing a Successful Independent Business Valuation Practice”
American Society of Appraisers
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“Using ESOPs to Manage Owner Succession and Create Liquidity”
Illinois CPA Society Annual Estate and Gift Tax Conference
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“Advanced ESOP Valuation Issues”
The ESOP Association National Conference
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“Valuation Fundamentals”
The ESOP Association 30th Annual ESOP Conference
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Conference Chair
Illinois CPA Society Annual Estate and Gift Tax Conference
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“Basics of Valuation in an ESOP Company”
National Center for Employee Ownership
Beyster Institute National Conference
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“Advanced ESOP Valuation Issues”
The ESOP Association National Conference
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“Valuation for ESOP Purposes”
National Center for Employee Ownership
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“ESOPs & the Legislative Process”
4th Annual Great Lakes Regional Conference
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“An Introduction to Employee Stock Ownership Plans”
The John Marshall Law School
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“Planning for Business Ownership Succession with ESOPs and Management Equity Incentives”
Illinois CPA Society
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“Understanding Your ESOP Appraisal”
The ESOP Association 3rd Annual Great Lakes Regional Conference
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“Valuation Considerations for Family Limited Partnerships”
South Suburban Estate Planning Council
- “An Introduction to Employee Stock Ownership Plans”
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“Valuation Considerations for Family Limited Partnerships”
Illinois CPA Society
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“Valuation Considerations for Family Limited Partnerships”
Illinois CPA Society
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“The Income Approach”
DePaul Graduate School of Business - Guest Instructor
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“Business Valuation Overview”
Illinois CPA Society