Transaction Planning: A Cross-Disciplinary Approach
Working with business owners requires a nuanced set of knowledge as it entails planning around an illiquid and concentrated asset. Ideally, any potential liquidity event should be considered from a cross-disciplinary perspective as the client will need to consider taxes, the implications on their estate, and the impact of current market dynamics on the ultimate event. This session will help breakdown each of these topics, focusing on planning from a pre-transaction perspective, current trends, and key considerations.
About our speakers:
Tiffany Carmona is a Managing Director and Wealth Advisor in the Chicago office of J.P. Morgan Private Bank. Tiffany works with high-performing individuals to explore wealth transfer options that establish legacies and leave a mark reflective of their values. Tiffany draws from her family office background to help clients define their intentions for their assets—philanthropic interests, generational transfer, business succession and more. She counsels them on ways to meet these personal goals, and shares how similarly situated families address these challenges and balance tax and estate planning considerations. Tiffany employs a proactive and agile approach, remaining responsive to changes in the financial landscape. She has the heart of a teacher, explaining tax and legal concepts in understandable terms, and preparing the next generation for the responsibilities to come. Although no longer in private practice, Tiffany is an attorney admitted to practice law in Illinois, New York, New Hampshire and before the Supreme Court of the United States. She has been an active member of the ABA Section on Real Property, Trust and Estate Law since 2011. Tiffany is regarded by her professional colleagues as an expert in wealth strategy, and she has a strong pedigree of academic writing and speaking engagements that serve as a resource for others in this field. Before joining J.P. Morgan, Tiffany served on the Senior Leadership Team of Beacon Trust Company and previously worked at Bessemer Trust. She began her career in the Private Client and Trust & Estate Planning Groups for two prominent law firms in New York and Chicago. Tiffany earned a B.A. with honors from Georgetown University and a J.D. with honors from Georgetown University Law Center. She is currently pursuing her M.B.A. from Wake Forest University.
Spencer Moats is a Partner in the Transactions Practice Group at Foley & Lardner LLP in Milwaukee. Spencer practices primarily in corporate law, mergers and acquisitions, private equity, securities law, capital markets, and corporate governance. He is a partner in the firm’s Transactions Practice and is a leader in the firm’s Private Equity & Venture Capital Practice. Spencer’s practice is largely industry agnostic, although he has significant experience representing clients in the business services, food and beverage, health care, leisure and hospitality, manufacturing, oil and gas, and technology industries. In his nearly 20 years of M&A experience, Spencer has advised clients in connection with more than 150 public and private mergers, acquisitions, divestitures, joint ventures, and other business combination transactions with an aggregate deal value exceeding US$20 billion. His diverse experience includes representing clients in connection with transactions valued at less than US$10 million to greater than US$1 billion. In addition to his private equity M&A experience, Spencer has executed M&A transactions for Fortune 500 companies, as well as middle-market publicly traded and privately held companies throughout North America, South America, Europe, China, India, Japan, and South Africa. Spencer also has unique transactional experience representing ESOP-owned companies and companies transitioning ownership to an ESOP. In addition to his robust M&A practice, Spencer advises clients regarding state and federal securities law compliance and routinely assists NYSE and NASDAQ listed clients with the preparation and review of SEC and stock exchange reports. He also represents issuers in securities transactions, including public and private offerings of equity and debt securities. Spencer has completed numerous securities offerings with aggregate proceeds in excess of US$5 billion. Spencer’s securities law and corporate governance experience also includes counseling clients in connection with takeover defense and proxy contests, including defending companies against recognized activist investors such as Carl Icahn.
Nick Kozik is a Director and Shareholder at TKO Miller, a boutique middle-market investment banking firm focused primarily on advising founder-and-family-owned businesses in sell-side transactions. Nick has advised on 40+ active M&A transactions totaling roughly $1.0 billion in aggregate transaction value. Nick’s transaction experience spans multiple industries, with a particular focus on industrial and construction products/services, software/technology, and consumer products. In 2020, Nick was named one of America’s Rising Dealmakers by Global M&A Network. In addition to his role at TKO Miller, Nick serves as an adjunct instructor at University of Wisconsin-Milwaukee’s Lubar School of Business. Nick is responsible for leading the day-to-day execution of M&A transactions, developing junior personnel, and new business development. Additionally, Nick manages the majority of the firm’s private equity and family office relationships. Prior to TKO Miller, Nick was an investment banking analyst at Grace Matthews. During his time at Grace Matthews, Nick supported clients in a variety of industries including scaffolding, insulation, industrial services, and metal fabrication. Prior to Grace Matthews, Nick held a position at Northwestern Mutual Financial. Nick holds a B.B.A. in Finance as well as a B.A. in Psychology from the University of Wisconsin-Milwaukee where he was a member of the Collegiate Entrepreneurs Association and a Dean's List student.
Zach Hammond is a Vice President in Private Business Advisory within J.P. Morgan Private Bank’s Advice Lab. Mr. Hammond is responsible for providing strategic business transition advice, research and analysis, and developing solutions for business owners, with specific focuses on mergers and acquisitions, business valuations, transactional deal terms, corporate governance, pretransaction planning, and maintaining a legacy business over multiple generations. Mr. Hammond originally joined J.P. Morgan’s Closely Held Asset Management Group in 2016 as an Asset Manager responsible for conducting fundamental analysis on managed assets and their industries, completing annual valuations for closely held assets, and conducting buy/sell analysis. Prior to joining the Advice Lab, Mr. Hammond was a Director for a middle-market investment bank executing sell-side transactions for business owners. Mr. Hammond holds a Bachelor of Science in Business Administration specializing in Finance and Economics from The Ohio State University. He currently holds FINRA Series 79 and 63 licenses.
Salad
Frisee and Artisan Lettuces, Tilston Point Bleu, Candied Pecan, Champagne Vinaigrette
Entree
36-Hour Braised Short Rib
Ruby Port Demi Glace de Veau, Gruyere Polenta, Grilled Asparagus
or Vegetarian Entree upon request
Thank you to our sponsors:
