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DTSTAMP:20250309T025356Z
DTSTART:20230912T223000Z
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ORGANIZER;CN=Mark Johnson:MAILTO:johnsonmarkr@gmail.com
SUMMARY:THE FENG: ESOP Fables
LOCATION:Zoom
DESCRIPTION:Topic: ESOP FablesSpeaker: Abran Villegas, Managing Director of Lazear Capital for Phoenix, AZ.&nbsp; &nbsp;Presentation:&nbsp;- 600 Business Owners a day are turning 65 in the United States.&nbsp; 2024 will be the most people in history turning 65.&nbsp; This “Silver Tsunami” will result in the largest transfer of wealth in the history of mankind.&nbsp;- 25% of Americans have no retirements savings while the total average is $65,000.- ESOP’s are a powerful tool for business owners and a creative way to build wealth for Employees.&nbsp; Business Owners can sell tax-free and also cement their legacy.- There has been a recent drop in Private Equity transactions which can often be very disruptive to a business.&nbsp; ESOP’s are quickly becoming the most popular option to exit a business.Speaker's bio:Abran is a native of Albuquerque and has spent the last 23 years in banking. &nbsp;His focus is on finding creative, capital solutions for his clients. Areas of expertise include Solar, Tax Credits, Owner Occupied Real Estate, Contractors and Middle Market Businesses.&nbsp; He holds a Bachelor’s from Georgetown and an MBA from Thunderbird School of Global Management. He plays in a mariachi band and serves on various nonprofit boards. Charitable work includes the Maricopa Community College Foundation, Ronald McDonald House, Tiempo, Inc.
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