Business Valuation Experts

Summary Overview of Qualifications

Full Qualifications Download Links Below

George Hawkins, ASA, ABV, CFA
George Hawkins, Banister Financial Business Valuations, Charlotte, NC

Managing Director
(704) 499-9009 (direct)
Email
vCard (download)
Qualifications Discussion Page
Qualifications (pdf download)

George Hawkins, ASA, ABV, CFA
(For detailed qualifications download pdf above)


George has over 30 years experience in business valuations. Nationally recognized, he has held key positions in the valuation profession, is the co-author of a 2,000+ page book on business valuation, and is a frequent speaker on the subject.

George has extensive testimony experience in state and federal courts on business valuation issues, and has been appointed by courts as a valuator in a large number of divorces and shareholder disputes. He has valued privately-owned companies varying from less than $1 million to over $3 billion in annual revenues in hundreds of industries. This includes valuations of companies, LLCs, partnerships, and professional practices for estates/gifts and related planning, charitable contributions, shareholder buy/sell agreements, divorce, disputes (dissenting shareholder cases), business damages, purchase/sale, stock options, and for other reasons.

George was previously a corporate banker (at NCNB National Bank- now Bank of America, and First Citizens Bank) with substantial acquisition financing experience, leading to his founding of Banister Financial, Inc. as one of the first independent business valuation firms in the Southeast.

Certifications:

  • Accredited Senior Appraiser (ASA) in business valuation, American Society of Appraisers
  • Accredited in Business Valuation (ABV), American Institute of Certified Public Accountants (AICPA)
  • Chartered Financial Analyst (CFA) charter holder
Prior Experience:
  • North Carolina National Bank (now Bank of America) and First Citizens Banks- Corporate lending, risk management, and credit analysis positions, including numerous business acquisition transactions
Education:
  • MBA, Wake Forest University
  • B.A., Economics, University of North Carolina at Chapel Hill
  • University of Bath (Bath, England)- year of foreign study
Publications:
  • Co-author, Business Valuation Guide, a 2,000+ page book (Wolters Kluwer publisher)
  • Past co-editor, Business Valuation Alert, a business valuation journal published by Wolters Kluwer
  • Author of numerous articles on business valuation for leading professional publications (e.g., Business Valuation Review, Business Valuation Update, American Journal of Family Law, various journals of Bar Association sections)
Qualified Business Valuation Expert Testimony:
  • U.S. Tax Court
  • U.S. District Court
  • U.S. Bankruptcy Court
  • Numerous NC District and Superior Courts
  • North Carolina Business Court
  • Arbitration hearings for estates/gifts, divorce, dissenting shareholder litigation, business damages, and bankruptcy
Court Appointments as Business Valuation Expert:
  • Appointed more than 80 times by courts as an independent business appraiser in divorces, shareholder disputes
Other Court, Dispute Related Business Valuation Activities:
  • Appearance for taxpayers before the IRS on business valuation and reasonable compensation issues
  • Retained by the U.S. Justice Department to value business interests in estate tax matters
  • Routinely engaged jointly by opposing parties to resolve business valuation disputes and in divorce
  • Advisor to a Federal Magistrate judge on business valuation issues
Business Valuation Honors:
  • Past Head, International Board of Examiners, Business Valuation Section, American Society of Appraisers. The Board reviews business valuation reports for competency by candidates seeking accreditation. George previously was an Advisor to the Board and was named Examiner of the Year.
  • Past Elected Member, Business Valuation Committee of the American Society of Appraisers (ASA), its business valuation governing body
Speaking Engagements on Business Valuation:
  • National Business Valuation Conference, American Society of Appraisers (ASA)
  • National Business Valuation Conference, American Institute of Certified Public Accountants (AICPA)
  • Judicial Section of the American Bar Association
  • American Bar Association/American Law Institute (ALI-ABA)
  • National Conference on Divorce, American Academy of Matrimonial Lawyers (AAML) and American Institute of Certified Public Accountants (AICPA)
  • National Trust Closely Held Business Association
  • Panelist and a moderator on national teleconferences and webinars for business appraisers
  • Numerous speeches to various numerous local, regional and statewide sections of various Bar Associations in the Southeast
  • North Carolina Advanced Intensive Equitable Distribution Seminars of NC Bar Association
  • Guest lecturer, Wake Forest University School of Law, Wake Forest University Executive MBA Program

Michael Paschall, ASA, ABV, CFA, JD
Michael Paschall, Banister Financial Business Valuations, Charlotte, NC

Managing Director
(704) 334-1625 (direct)
Email
vCard (download)
Qualifications Discussion Page
Qualifications (pdf download)

Michael Paschall, ASA, ABV, CFA, JD
(For detailed qualifications download pdf above)


Michael has over 25 years experience in business valuations. Nationally recognized, Michael has held key positions in the valuation profession, is the co-author of a 2,000+ page book on business valuation, and is a frequent speaker on the subject.

Michael has extensive court testimony experience on business valuation issues, and has been appointed by courts as a valuator in a number of divorces and disputes. He has valued privately-owned companies varying from less than $1 million to over $2 billion in annual revenues in hundreds of industries. This includes valuations of companies, LLCs, partnerships, and professional practices for estates/gifts and related planning, charitable contributions, shareholder buy/sell agreements, divorce, disputes (dissenting shareholder cases), business damages, purchase/sale, stock options, and for other reasons.

Previously, Michael performed business valuations for First Union Corporation (now Wells Fargo).


Certifications:

  • Accredited Senior Appraiser (ASA) in business valuation, American Society of Appraisers
  • Accredited in Business Valuation (ABV), American Institute of Certified Public Accountants (AICPA)
  • Chartered Financial Analyst (CFA) charter holder
Prior Experience:
  • First Union National Bank (now Wells Fargo Bank)- Credit analysis and trust investments positions involving valuation of numerous privately-held companies and partnerships in a variety of industries
Education:
  • J.D., Wake Forest University Law School
  • B.A., English and Economics, University of North Carolina at Chapel Hill
Publications:
  • Co-author, Business Valuation Guide, a 2,000+ page book (Wolters Kluwer publisher)
  • Past co-editor, Business Valuation Alert, a business valuation journal published by Wolters Kluwer
  • Author of numerous articles on business valuation for leading professional publications (e.g., Business Valuation Review, Business Valuation Update, various journals of Bar Association sections)
Qualified Business Valuation Expert Testimony:
  • U.S. District Court
  • Numerous NC District and Superior Courts
  • Arbitration hearings for estates/gifts, divorce, dissenting shareholder litigation and business damages
Court Appointments as Business Valuation Expert:
  • Appointed by courts as an independent business appraiser in divorces and shareholder disputes
Other Court, Dispute Related Business Valuation Activities:
  • Appearance for taxpayers before the IRS on business valuation issues
  • Retained by the U.S. Justice Department to provide consulting expertise on business valuation issues in the healthcare industry
  • Retained by the U.S. Justice Department in business damages case
  • Routinely engaged jointly by opposing parties to resolve business valuation disputes and in divorce
Business Valuation Honors:
  • Past Chair, Ethics Committee, American Society of Appraisers
  • Past Advisor, International Board of Examiners (Business Valuation Section) of the American Society of Appraisers. The Board reviews business valuation reports for competency by candidates seeking accreditation.
  • Current Member, Tax Reform Task Force of the American Society of Appraisers, which studies and analyzes the the impact of the Tax Cuts and Jobs Act on business valuation and provides guidance to the ASA's membership on various issues, including the cost of capital, valuation consistency, pass-through entities, and others.
Speaking Engagements on Business Valuation:
  • National Business Valuation Conference, American Society of Appraisers (ASA)
  • National Business Valuation Conference, American Institute of Certified Public Accountants (AICPA)
  • National Trust Closely Held Business Association
  • Panelist on national teleconferences for business appraisers
  • Numerous speeches to various North and South Carolina Bar Association conferences and related family law and estate planning sections at a local and state level
  • Guest lecturer, Wake Forest University School of Law
  • Numerous speeches to various numerous local, regional and statewide sections of various Bar Associations in the Southeast

Banister Financial, Inc.

1338 Harding Place, Suite 200
Charlotte, North Carolina 28204
Phone:
(704) 334-4932

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