Independent business valuations, built on research and analysis
Quid Valorem asks one question, quid valorem: what is the value? We answer it for gift and estate tax, ownership transactions, ESOPs, litigation and financial reporting, led by founder Dr. Victor Jarosiewicz, ASA, CFA, CAIA.
The flabellum, emblem of St. Matthew.
1,000+
valuation reports prepared, from the Estate of Ken Lay (former chair of Enron) to fairness opinions for public company transactions
Hundreds
of valuation and M&A clients served across extractive, manufacturing, distribution, retail, health care and business services
20+ years
specializing in valuation and corporate finance, beginning at a FINRA-registered investment banking firm
Valuation solutions
Every engagement can start with a limited-scope estimate for planning, then continue to a signed, comprehensive report with an unrestricted opinion of value when you are ready to file, close or testify.
- Gift and estate tax valuationsIntrafamily transfers of ownership, FLPs and LLCs, planning estimates through signed reports for filing.
- Buy-ins and buy-outsFair, defensible values when partners or owner-investors join or exit.
- Employee Stock Ownership Plans (ESOPs)Independent valuations and fairness opinions for ESOP formation and ongoing administration.
- Litigation and disputesOwnership value and economic damages in shareholder and marital disputes, with expert witness experience.
- Fair value for financial reportingInitial recognition and impairment analyses of intangible assets that stand up to auditors.
- Fairness opinionsIndependent assessment of whether a transaction is fair, from a financial point of view.
- Valuation advisoryStock compensation, private portfolios, solvency questions and other valuation needs.
Why not a typical valuation firm?
Clients pay for better analysis. Here is what that difference looks like in practice:
| Typical valuation services | Quid Valorem |
|---|---|
| Commoditized product: software and templates let checklists substitute for critical thinking. | Bespoke analyses that begin by asking what is important to analyze, then present the facts coherently. |
| Industry and economy write-ups bought, pasted in, and disconnected from the conclusion. | Every piece of information connects to value. If it does not affect the conclusion, it does not belong in the report. |
| Value estimates on limited data, few market comparables, and shortcut assumptions. | Market evidence analyzed, and investment risks and returns actually estimated. |
| Junior analysts doing most of the work with little senior supervision. | A PhD finance professor and former director of valuations, responsible for the work from start to signature. |
Dr. Victor Jarosiewicz, ASA, CFA, CAIA
Integrity and independence, where theory meets practice.
PhD in finance and strategic management from the University of Florida. Accredited Senior Appraiser in business valuation, CFA and CAIA charterholder. Former Chair of The Appraisal Foundation’s Business Valuation Resource Panel and current associate editor of Business Valuation Review.
He has taught hundreds of finance students, from financial statement analysis to investments, and published peer-reviewed research on executive compensation and managerial style. Quid Valorem exists to bring that rigor to every client report.
What is the value?
Tell us what you need valued and why. We will reply with how we would approach it.