Jeremy Vokt: Why Bland & Associates Said “No” to Private Equity and “Yes” to ESOPs | MOVE Like This

CPA Trendlines Podcasts

Content provided by CPA Trendlines. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CPA Trendlines or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

9d ago 35:52

MP3•Episode home

Employee ownership gave the firm a growth path on its own terms.

MOVE Like This
With Bonnie Buol Ruszczyk
For CPA Trendlines

In this episode of MOVE Like This, Jeremy Vokt, managing partner at Bland & Associates, discusses the firm’s journey to becoming Nebraska’s first ESOP-owned CPA firm. Vokt shares how Bland evolved from a small 17-person firm in 2006 to a thriving 130-person business today, thanks in part to its unique blend of traditional CPA services and specialized government consulting work focused on Medicare and Medicaid compliance.

MORE MOVE

Vokt walks through the fundamentals of an Employee Stock Ownership Plan (ESOP), explaining that it’s similar to a 401(k) but without employee contributions. Instead, employees are allocated shares annually based on their compensation, which grow in value over time through third-party valuations. This approach creates an ownership culture from day one for every employee – from the front desk to the managing partner – without the typical 15- to 20-year wait to buy into ownership.

474 episodes

#Business News #News #CPA Trendlines #Finance #CPA #Accounting #Enrollment #Agent