People and Experience
Empire’s experience includes thousands of valuations involving businesses and intangible assets around the globe. This worldwide exposure, with nearly all industries and all sizes and stages of a company’s life cycle, allows Empire professionals to apply both common and uncommon valuation methods. Applying creative problem-solving skills in unusual situations is an intellectual asset that sets Empire apart.
Empire’s principals and staff comprise a skilled team of valuation experts. They include long-time, active members of the major professional societies such as the American Society of Appraisers, Institute of Chartered Financial Analysts, AICPA, and the Institute of Business Appraisers, among others.
All of our professionals hold MBA degrees. Their knowledge base is continually enhanced by Empire’s commitment to continuing education. This helps ensure that every engagement receives the most current valuation thinking and techniques available.
Our professionals are experts in their field and regularly speak on valuation topics at local, regional and national conferences. They have testified in numerous courts and jurisdictions around the nation including U.S. Tax Court, U.S. Bankruptcy Court, surrogates courts and state courts.
Opinions of value can contain uniquely subjective elements. Therefore, they require an independent and unbiased view. Empire provides truly objective, third-party conclusions of value. As a valuations-only firm, we are free from potential conflicts of interest that may occur when auditing, banking or brokerage services are offered by the same firm. With a rigorous internal code of conduct, Empire adheres to the ethical and professional valuation standards, including the Uniform Standards of Professional Appraisal Practices, set forth by various professional organizations.
Whether a written report, fairness opinion, board presentation, or a consulting assignment, the valuation "product" needs to be logical, understandable, and able to support consistent conclusions. Through our due diligence process, Empire’s professionals examine each company, in-depth. We gather information on those aspects of its past, present and future, that impact on the value of the business interest being appraised. Our people then bring their experience and judgement, along with industry and valuation knowledge to the situation, thereby providing clients with the best possible "product."
Empire employs an exacting internal review process to deliver valuations that can withstand close scrutiny. The quality of the written product, coupled with our experience in dealing with the IRS, SEC, and other regulatory bodies, gives our clients a clear advantage in any business situation. This advantage also benefits clients anticipating the sale or purchase of business interests or litigating valuation issues.