Business Valuation and Appraisal


Members of our valuation team have earned highly regarded professional credentials including Accredited Senior Appraiser (ASA) of the American Society of Appraisers, Accredited in Business Valuation (ABV) of the American Institute of Certified Public Accountants, and Certified Valuation Analyst (CVA) of the National Association of Certified Valuators and Analysts. These credentials, which require years of experience in the discipline of business valuation and appraisal, demonstrate our commitment to upholding rigorous standards of professionalism, expertise, objectivity, and integrity.

Clients rely on Charter's business valuation expertise in a wide range of situations. A valuation can help a business owner gain a better understanding of where a business stands in the marketplace, or to identify opportunities to grow transferable value. Business appraisals can provide key evidence when the value of a business is in dispute, or resolve issues between owners and interested parties. An appraisal may be required for tax or financial reporting purposes, helping business owners and their advisors comply with rules set by regulatory agencies.

Below are just a few of the circumstances in which our team of accredited valuation specialists help clients meet their goals.


A sound estimate of the value of privately-held business interests is fundamental in crafting strategies to create and execute a succession plan or other business plan. Investors understand the value of a direct investment in a privately held enterprise is not quoted on any market.

Planning for the near term can involve compensating employees with non-cash profits or equity interests, establishing employee stock ownership plans (ESOPs), consideration of solvency with regard to new financing, or providing a board of directors with an opinion of fairness in connection with a transaction. Long-term planning often consists of preparation for ownership succession and dealing with personal estate matters.

Some of our clients complete a valuation every year to benchmark whether the business is on track, whether the end goal is the sale or transfer of the business, a strategic transaction in the market, or another objective.


At times, even the best laid plans go askew: partners no longer agree, spouses split up, business deals take a turn for the worse. When the unexpected happens, business owners and their counsel routinely utilize a business valuation to assist in resolving a dispute regarding the value of a business interest. Disagreements can be resolved in a variety of ways, including pre-litigation negotiation, use of a neutral appraiser (retained by mutual consent or by mandate of a judge), through mediation or arbitration, or by means of a trial.

Credibility of your valuation expert is essential in these circumstances. An effective valuation consultant will be widely respected by decision makers, highly credentialed, familiar with the litigation process, and have real-world experience closing transactions. Our team of accredited valuation specialists have decades of experience with thousands of business owners assisting with buyouts, negotiation, mediation, written opinions of value, preparation for deposition and trial, and expert testimony.


Limited partners, regulators and tax authorities frequently expect an independent assessment of value in increasingly broad circumstances. Auditors and the SEC require fair value reporting that complies with generally accepted accounting principles. The Internal Revenue Code requires accredited appraisals by accredited appraisers. And investors anticipate an objective third-party opinion.

A valuation analysis can address estate tax filing requirements, gifts of privately held and restricted shares, stock-based compensation, sale of personal goodwill, subchapter S elections, purchase accounting, and similar concerns.


When business owners contemplate a sale, they look to align with market expectations and seek a gauge for what to anticipate from buyers. Investors pursuing an acquisition wish to be knowledgeable and informed when developing a purchase proposal for a target. Boards of Directors require objective information to assist with making financial decisions.

A valuation analysis, combined with Charter’s extensive track record of successfully closing hundreds of deals, enables both sellers and buyers to move forward with confidence.