Wealth PartnersJenkins | Podkulski | Alison ESOP Advisory Group
Awards and Industry Recognition
Forbes
Barron's
Welcome
At the Jenkins | Podkulski | Alison ESOP Advisory Group, we are proud to help clients take care of the most important people in their lives – their families and their employees.
Inspired by clients' visions and values, our experienced advisors and support staff provide what we call "opportunity-focused wealth management" – the kind that accelerates our clients' ability to build wealth and liquidity. By delivering a highly personalized and proactive approach, we offer specialized solutions that address each client's distinct situations and ambitions.
While we provide comprehensive wealth management services to generations of families nationwide, our team specializes in helping business owners monetize their private companies through a 1042 ESOP Rollover. Given our broad experience advising on these highly technical and complex strategies, we help our clients optimize their wealth creation opportunities in a very tax-efficient manner.
Comprehensive wealth management for families
Our group provides multi-layered wealth management strategies for accomplished people from all walks of life – both active and retired. Spanning investment, retirement, liability, tax-minimization and estate planning strategies, our competencies are as extensive as our clients' needs. Together, we summon our complementary skills, extensive experience and the breadth of J.P. Morgan Chase's resources to serve clients of every age and every stage of the wealth continuum.
While distinct in their individual financial requirements, our clients come to us with complex situations and challenges that demand our most inspired efforts – both with their Employee Stock Ownership Plan (ESOP) and personal wealth management needs.
By intentionally serving a limited number of clients, we engage more frequently in thought-provoking conversations that revolve around their interests, not just their finances. We feel it's important to build strong relationships that enable us to gain an intimate understanding of what drives and concerns our clients – so that our advice and services are timely and tailored specifically for them.
Customized advice for business owners considering a 1042 ESOP Rollover
Working closely with our clients' other trusted advisors, we provide expert advice surrounding all aspects of ESOPs to business owners in order to help them realize the wealth they have built through the success of their company.
Highly flexible, an ESOP can allow owners to unlock liquidity to the degree they want, by selling all or part of their company to their employees – in a tax-efficient manner that can defer or ultimately avoid capital gain taxes. The Internal Revenue Code Section 1042 is a popular succession-planning option – allowing business owners to:
- "Monetize their enterprise" by selling private company stock all at once, or at selected intervals.
- Maintain control of their company while creating personal liquidity.
- Attract, retain and reward employees who have helped build the company.
From our early discussions through the ultimate transaction, we are "ears-open" and "hands-on" – listening to clients, offering high-caliber guidance surrounding the ESOP transaction, and providing attentive service to their overall wealth management needs. When helpful, we also connect clients to our vast network of experienced professionals who provide other valuable ESOP services and enable a comprehensive solution to meet their unique needs.
Educating every client – at every opportunity – is a mission we share.
While our clients are financially astute, most rely on us to help them plan and prepare for what lies ahead – circumstances they anticipate and especially, those they don't. Given our decades of experience guiding families and business owners, we know the value of going beyond spreadsheets and simulations – educating and explaining alternate scenarios that can satisfy a myriad of objectives for building, preserving and passing along wealth for generations. For your reference, we have included an informative section on ESOPs (below our individual bios). If you find this content helpful, we hope you will contact us to learn more.
Meet Our Team
Entrepreneurs often spend years of tireless effort and dedication to turn their business into a thriving company that enriches their family and provides an ownership opportunity for their dedicated employees.
When it comes time to monetize their business and transition to their next chapter, many business owners seek a way to:
- unlock the value they have created,
- preserve the culture of their business, and
- reward the people who helped them get here.
An Employee Stock Ownership Plan, or ESOP, has become a popular exit strategy because it offers sellers of privately held businesses considerable benefits for themselves and their families, as well as their business and employees.
The Jenkins | Podkulski | Alison ESOP Advisory Group at J.P. Morgan can help owners of privately held businesses determine whether an ESOP is the right way to ensure their life's work continues as they exit the business. Our team's combined experience spans more than 100 years, and we have worked with hundreds of business owners to monetize the value of their companies. We offer the specialized knowledge they need to pursue their goals for the future, their family and their company.
