Banister Financial, Inc.



Business Valuation Services

Banister Financial, located in Charlotte, North Carolina, is one of the leading business valuation firms in America, with professionals recognized as experts by their peers nationally. Two of our professionals are authors of a leading business valuation book used by other valuators in the field (click on Valuation Book, Expertise and Professionals to find out more).

Banister Financial specializes solely in the business valuation of privately-owned companies, professional practices, partnerships, LLCs, and other types of businesses and business interests. Our primary focus is in the southeastern United States, however, our client base is nationwide. We perform business valuations (appraisals) on a confidential basis for business owners and their advisors. Our clients range from small companies and professional practices to large regional, national and multi-national companies.

Business valuation services offered
Banister Financial's professionals prepare unbiased business and professional practice valuations for a variety of reasons including:

Divorce, dispute and litigation-related business valuation needs:
  • divorce (equitable distribution)
  • active and passive appreciation of business values in divorce
  • minority shareholder disputes, corporate dissolution, and related litigation needing a business valuation
  • court appointed valuations in disputes, divorces
  • business damages and lost profits
  • critiques of other valuation reports
  • litigation consulting in preparing to depose and cross-examine valuation experts
  • bankruptcy valuation
  • mediation, arbitration valuations
Our professionals are experienced expert witnesses with a proven track record of having their valuation findings prevail in numerous cases in local, state and Federal courts.

Estate/gift tax and other tax related business valuation needs:
  • estate tax business valuation needs
  • gifts of private company stock and partnership/LLC interests
  • family limited partnership, limited liability company interest valuation, including with real estate, marketable securities or closely-held common stock
  • non-voting stock for gifting purposes
  • values for buy-sell and shareholder agreements
  • blocks of publicly traded shares held by estates or for gift/estate planning ("blockage discount" issues)
  • stock options held
  • restricted public stock
  • incentive stock options or stock grants
  • conversion of C-corporation to subchapter-S status
  • preferred stock recapitalizations
Health care related business valuation needs:
  • medical, dental and related practices and entities for shareholder disputes, divorce and other litigation-related reasons
  • medical practice acquisitions and divestitures by hospitals and health care institutions
  • physician buy-ins to and buy-outs from medical practices
  • joint ventures with health care institutions and integrated delivery systems
  • ventures such as ambulatory surgery centers, lithotripsy partnerships, imaging centers
Other business valuation and related needs:
  • debt, convertible debt, preferred stock
  • notes, bonds and distressed securities for taxation, debt forgiveness, debt for equity swaps
  • value enhancement
  • business valuation for life insurance planning and funding
  • "reasonable" compensation in C corporations where the IRS claims compensation is a disguised dividend
Telecom and cloud services, data center valuations:

In addition to all industries above, Banister Financial's telecom division specializes in the valuation of local telephone companies and other telecom enterprises, as well as cloud services companies, data centers and related segments. Learn more at:

Contact Information for a Business Valuation

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George Hawkins, ASA, CFA
Managing Director
Phone: (704) 499-9009 (direct)
Send e-mail to George
Outlook v card file 
Download Qualifications

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Michael Paschall, ASA, CFA, JD
Managing Director
Phone: (704) 334-1625 (direct)
Send e-mail to Michael
Outlook v card file   
Download Qualifications

Banister Financial, Inc • 1338 Harding Place, Suite 200 • Charlotte, North Carolina 28204
Phone: (704) 334-4932

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© 2015, Banister Financial, Inc.
Fair Value is a registered trademark of Banister Financial, Inc.