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Understanding How Properly to Value Closely Held Businesses Held in IRA and Other Fiduciary Accounts

Aired: Tuesday, April 17, 2018

1.25 CTFA, 1.25 CISP, 1.25 CRSP

Unique and hard-to-value assets held in fiduciary accounts has been an increased focus for examiners at both a national and state level ever since the OCC created the Comptroller's handbook for this asset class in August 2012. In 2015, the IRS enacted new tax reporting rules that added further reporting requirements for these assets held in IRA accounts (Forms 5498 and 1099R). Although it can be difficult to stay on top of all the changing requirements, join us for this briefing which focuses on closely held assets.

This recording focuses on:

  • What has changed for managing closely held businesses entities within fiduciary accounts and IRAs
  • Review of the 2015 IRA reporting requirements (Form 5498 and 1099R) for closely held businesses
    • Appropriate Fair Market Value (FMV) methods to derive value for these entities
    • What are discounts and do they apply to my interest
    • Tax reporting impacts
  • Industry best practices to enhance fiduciary policies and minimize risks


  • Patrick Alyward, Senior Vice President, RIC
  • Paul Hasenjager, ASA, Vice President of Closely Helds, RIC

 Continuing Education Credits


ABA Professional Certifications has approved this program for 1.25 CTFA, 1.25 CISP and 1.25 CRSP continuing education credits for the live program and the recording. 

Recordings are not eligible for CFP credits.

CPE logoRecordings are not eligible for CPE credits. 

American Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

​Questions? Please contact Linda Shepard / Cari Hearn for more information.

 Pricing & Purchasing


Streaming Online Recording
Now Available

ABA Member • $210
Non-Member • $310

Live registration provides a connection for one room where unlimited listeners can be present, and streaming recording access FREE for 7 days.

 Who Should Attend

  • Trust Officers and Managers
  • IRA Administrators
  • Trust Administrators
  • Financial Planners
  • Retail Bankers
  • Relationship Managers
  • CTFAs, CISPs, CRSPs, CPAs and CFPs

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