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Joan Cannon of McGrath North Joins ESOP Marketplace
Joan Cannon of McGrath North Joins ESOP Marketplace
ESOP Marketplace is excited to announce a new participant to their family of websites: Joan Cannon of McGrath North.
West Hartford,
Connecticut,
United States of America
(sardnews.org)
02/11/2015
ESOP Marketplace is excited to announce a new participant to their family of websites. Joan Cannon of McGrath North has joined ESOPMarketplace.com under the advisor category ESOP lawyers.
The ESOP Marketplace is a pioneering online ESOP community that has a number of goals, including spreading awareness of ESOPs as a flexible tool for business succession and employee retention/engagement; providing a platform and community for companies that have or are planning to implement a stock plan to find ESOP lawyers, accountants, feasibility experts and other advisors for their plans; providing information about ESOPs, their advantages and pitfalls; interviewing prominent members of the ESOP community for unique advice, insights and historical facts concerning this financial instrument; and, last but important, guaranteeing a level of quality control when it comes to ESOP advisors that can be difficult to find elsewhere.
Given the special tax status of ESOPs as a qualified benefit plan, with stringent regulations governing fiduciary duties, stock ownership percentage requirements and employee compensation, it's not difficult for an inexperienced advisor to run afoul of the Department of Labor or the IRS, not to mention disgruntled employees who believe they have been treated unfairly or left out in the cold.
All the advisors listed on ESOP Marketplace have a proven record of excellence in all of these crucial aspects of ESOP development and administration, and come with glowing recommendations from clients, past and current.
Jack Veale, founder of ESOPMarketplace.com, gave a statement about Joan Cannon’s participation by saying, "Joan and her firm - McGrath North of Omaha, Nebraska - are a great addition to ESOPMarketplace.com as her firm is well known in the central plain states as an excellent advisor to companies. Joan joins a list of other fine ESOP advisors from prominent law firms, including: Gregory Brown and Grant McCorkhill of Holland and Knight in Illinois; John Kober of Morgan Lewis in Texas; Robert Brown, Robert Schatz, Timothy Jochim, Richard Glassman, and Peter Jones of ESOPPlus in Ohio, NY and CT; Kevin long and Wendy Gilligan of Chang Ruthenberg and Long in California; Mike Canan and David Ottinger of Gray Robinson in Florida; Daniel Lange and Diane Bell of Katten Muchin in Chicago; and Harvey Katz and Jeremy Pelphrey of Fox Rothschild in New York and Los Angeles. Other advisors are listed in ESOP categories including: ESOP Administration, ESOP Valuation, ESOP Trustees, and Wealth Advisors. We will continue to expand our network of websites dedicated to educating business owners and management teams of the potential for developing an ESOP ownership culture in their organizations."
Mr. Veale expects that thanks to ESOP Marketplace, more companies will be encouraged to implement an ESOP for the benefit of their employees and the selling owners, and will be able to get cost effective advice from experienced ESOP advisors.
Contact information:
Jack Veale
https://www.esopmarketplace.com
support@esopmarketplace.com
Phone: 860-232-9858
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About ESOP Marketplace
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