Equity Valuation Associates (EVA), fka ERISA Valuation Associates has been providing independent closely held asset valuations to the retirement plan sponsors, plan administrators, banking and trust industry since 1984. EVA is currently providing valuations to numerous bank and trust companies and pension plans, profit sharing plans, 401k plans, and Individual Retirement Accounts.
In 1974, John O’Scanlon founded Certified Pension Consultants, Inc. (CPC), in Santa Barbara, California. As CEO of a very successful fee-based plan administration firm, he acquired 18 years of experience in dealing with IRS and DOL audits. This gave him the knowledge to determine what the IRS and DOL look for when they audit a plan or a trust account. This experience is being successfully applied to the non-publicly traded plan asset valuation business. During the 1980s and early 1990s, CPC provided plan administration services to two current EVA clients. They are the Bank Of Hawaii and Santa Barbara Bank & Trust.
In June 1984, as a subsidiary of CPC, he launched CPC’s non-publicly traded asset valuation business. CPC was the first pension and profit sharing consulting firm in the country to offer independent investment valuations and performance monitoring to retirement plans. In 1993, Certified Pension Consultants, Inc. sold the plan administration portion of the business. CPC kept the investment valuation portion of the business and changed its name to Equity Valuation Associates.
In 2007, Sean O'Scanlon, joined EVA as Vice President of Valuations. Sean's responsibility is the generation of valuations, with a concentration on valuations that meet the standards set-forth in IRS revenue ruling 59-60. Sean is a Certified Business Appraiser (CBA) with the Institute of Business Appraisers (IBA) and a Certified Valuation Analyst (CVA) with the National Association of Certified Valuators and Analyst (NACVA).
In 2017, Brian O’Scanlon, joined EVA as Vice President of Operations.
EVA is a member of the Institute of Business Appraisers (No longer Exists) the National Association of Certified Valuators and Analyst, the Retirement Industry Trust Association, the American Society of Appraisers (ADD), and the National Institute of Pension Administrators.