Repurchase obligations are a major component of ESOP administration and the main way in which employee-owners benefit from owning a financial stake in the companies they worked for. Yet, these obligations are often seen as a burden, and in some cases, can lead to the freezing or termination of an ESOP plan. In this episode we speak with Josh Young of UBS about how ESOP companies can rethink their approach to repurchase obligations in a way that reframes obligations as something to plan for and celebrate, rather than an administrative burden.
Joshua is the First Vice President of Wealth Management at UBS. Josh began his financial planning career in 1996. He received his Degree in Finance from The Ohio State University. He is a Certified Financial Planner (CFP®) and an honored member of the UBS Portfolio Management Program as a Senior Portfolio Manager. Josh specializes in holistic financial planning. His in-depth knowledge of all aspects of the financial world gives him a creative edge in solving even the most complex financial situations. Josh's passion for financial planning shines through as he creates a unique and personalized plan for each of his clients. When Josh is not helping clients with financial planning, he is planning his next road trip across the country and training for IRONMAN's. He lives in Gahanna and has two children, Dylan and Kaya.
Apple Growth Partners (AGP) is an accounting and business advisory firm with more than 77 years of experience that delivers healthy, sustainable growth. AGP offers a full range of services for privately held businesses, including tax planning and compliance, audit and assurance, business valuation, litigation consulting - with a special focus on employee stock ownership plans (ESOPs). With more than 100 employees, and office locations in Akron, Canton, and Cleveland. AGP’s professionals provide the expertise your business needs.
The Owners at Work Podcast is a continuation of the biannual Owners at Work Newsletter which ran for 19 years (1990-2019). We are hoping to continue the same conversations and focus on providing updates on everything employee ownership. We plan to interview practitioners with expertise in different facets of employee ownership, academics doing new and interesting research, and most importantly, individuals who have a personal experience with employee ownership, including current and former employee-owners, mid-level to C suite management, and selling owners.
We want to produce a show that engages with relevant questions and provides practical lessons and information. We want this podcast to include the voices of those who practice employee-ownership each and every day. To that end we want to hear from you! We want to highlight what you are doing, whether you are an employee-owned company, a practitioner, or researcher.
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