Financial Poise

All Articles by Steven Fischoff

Steven Fischoff

About Steven Fischoff

Steve Fischoff is a Senior Director with Alvarez & Marsal Valuation Services in Chicago specializing in the valuation of businesses and business interests including equity interests, liabilities and debt, options and derivatives, intellectual property and other tangible and intangible assets. His primary areas of concentration are providing opinions of value for financial reporting, tax planning and reporting and mergers and acquisitions, as well as advising clients regarding the value impact of potential strategic alternatives. With more than 15 years of valuation experience, Mr. Fischoff has provided independent opinions of value for many purposes, including, in part, acquisitions, divestitures, pre-transaction valuation analysis and advisory services, purchase price allocations, goodwill and asset impairments, formations of IP holding companies, estate and gift taxes, mergers, litigation support, strategic planning and financing. In addition, Mr. Fischoff has worked with clients in such industries as chemicals, steel, automotive, construction materials, industrial machinery, business and consumer services, food and beverage and healthcare. Prior to joining A&M, Mr. Fischoff most recently managed the Chicago Financial Valuation Group practice at American Appraisal Associates. Earlier, he was a Senior Manager in the transaction advisory services group at Ernst & Young and an Analyst with the valuation services group at Price Waterhouse. Mr. Fischoff earned a bachelor’s degree in business administration from Washington University in St. Louis. He is a Chartered Financial Analyst (CFA) Charterholder and a Certified Public Accountant in Illinois. In addition, he is a member of the American Society of Appraisers, the CFA Institute and CFA Society of Chicago.

business valuation

Business Valuation: Art or Science?

Business valuation is both a science and an art You need both your right and left brains when you set about valuing businesses, which is an endeavor that is mostly science, with a fair bit of art added in. To begin, one must understand the three principal methods of business valuation. Next, one must understand […]

Read More