AltaView Advisors Partnership
Butera Art Advisory and Management, LLC (BAAM) is pleased to announce that we are partnering with AltaView Advisors LLC (AltaView). Through this partnership, BAAM now offers its clients a full suite of business valuation and real estate appraisal services for tax planning and compliance. As a team, AltaView and BAAM’s seasoned valuation professionals provide a unique combination of large firm expertise and boutique firm specialization and service. Learn more about AltaView below or click here.
In addition, I will serve as AltaView’s Senior Art Advisor and BAAM will provide art appraisal and sales advisory services to clients nationwide.
BAAM looks forward to answering your questions about this partnership and AltaView’s services. Please contact me for an introduction to their team.
Best wishes,
Alanna Butera
Head of Appraisals and Advisory, President
Alanna@ButeraArtAdvisory.com | 908-591-5023
ANNOUNCEMENT OF PARTNERSHIP WITH ALTAVIEW | February 2020
Overview of AltaView and Its Primary Services
AltaView’s team of professionals bring industry leading experience and insights to every assignment garnered from hundreds of completed fair market value engagements. AltaView serves the nation’s top tax planning and compliance professionals including attorneys, accountants, family offices, and wealth advisors. Through this partnership, BAAM now offers its clients a full suite of tax planning and compliance valuation services including estate and gift tax, generation-skipping transfer tax, income tax, charitable contributions, foundation distribution requirements, planning in anticipation of a liquidity event (pre-sale and pre-IPO), guarantee fees for related-party transactions, and personal goodwill valuations and allocations.
Tax planning and compliance engagements involve unique businesses, securities, interests, and circumstances necessitating a customized solution that is reliable, well supported, and clearly articulated. AltaView has robust experience with the valuation of the following:
- common and preferred stock in closely held businesses
- family limited partnership interests
- alternative investment fund interests
- carried interests in private equity and hedge funds
- preferred “freeze” partnership interests in compliance with Section 2701
- intra-family loans and promissory notes including self-cancelling installment notes
- illiquid shares in publicly traded companies (restricted stock and blockage discounts)
- life insurance policies and split-dollar life insurance receivables
- controlling and large economic interests
- derivative and debt securities
AltaView also provides real estate valuation and consulting services for a broad range of purposes including tax planning and compliance, fair value reporting, purchase price allocations, forensic appraisal reviews, dispute resolution consulting, life estates and remainder interests, eminent domain, conservation easements, and property tax appeal. AltaView’s experts have significant experience appraising the following property types:
- office, industrial, and retail
- residential (single-family and multi-family)
- hospitality (single star motels to luxury resorts)
- senior housing and healthcare facilities
- self-storage and parking structures
- manufactured home communities and recreational vehicle parks
- undeveloped and agricultural land
- recreational and operating ranches
- vineyards
- mineral rights
Experience
With over 125 years of collective experience offering tax planning and compliance valuations, our partners at AltaView are sought after by top attorneys and advisors to work with many of the nation’s wealthiest families and largest closely held businesses. Their valuation opinions are supported through tailored research, value-added insights, and thoughtful analyses developed to withstand scrutiny from the IRS and opposing experts. AltaView’s professionals are well versed in the latest tax court cases, audit trends, and areas of IRS examination.
AltaView’s reports are drafted by senior professionals and are customized for each situation, organized, thorough, properly annotated, and designed to preempt many common criticisms and counterarguments from the IRS. Valuation firms often charge multiples (2-3 times or more) of the original valuation fee to prepare a subsequent report appropriate for submission in court, surprising clients with unpleasant backend fees. AltaView and BAAM believe that by doing things right the first time, significant future time and expense can be avoided.