George Hawkins, ASA, CFA, a Managing Director of Banister Financial, Inc. Business Valuations, is an Accredited Senior Appraiser (ASA) in business valuation of the American Society of Appraisers, and is aChartered Financial Analyst (CFA) charter holder.
Prior to founding Banister Financial, Hawkins served in corporate lending, risk management, and credit analysis positions with North Carolina National Bank (now Bank of America) and First Citizens Bank. Hawkins obtained a B.A. in Economics from the University of North Carolina at Chapel Hill and a MBA from Wake Forest University.
Hawkins is co-author (along with Michael Paschall of Banister Financial) of the CCH Business Valuation Guide, a book now in its sixteenth edition. He is also co-editor of CCH Business Valuation Alert, a national quarterly business valuation journal. Hawkins has published numerous articles in leading business valuation journals, legal and other publications on a wide variety of business valuation topics.
Hawkins is a qualified business valuation expert in U.S. Tax Court, U.S. District Court, U.S. Bankruptcy Court, various state courts, the North Carolina Business Court, and in arbitration hearings for estates/gifts, divorce, dissenting shareholder litigation, business damages, and bankruptcy. Hawkins has been appointed more than 50 times by courts as an independent business appraiser in disputes and divorces and is routinely engaged jointly by opposing parties to resolve business valuation disputes.
Hawkins has appeared on behalf of taxpayers before the IRS on business valuation issues, and has been retained by the United States Justice Department to value business interests in estate tax matters. Hawkins has also served as an advisor to a United States Federal Magistrate on business valuation issues.
Hawkins is one of an elite group of 28 Charter Members (the only one in the Carolinas) of the Forensic and Business Valuation Services Chapter of the AAML Foundation, affiliated with the American Academy of Matrimonial Lawyers (AAML). The AAML is the nation’s premier organization for highly experienced attorneys practicing family law and consists of 1,600 of the best divorce lawyers in America. Charter Members were selected on the basis of their national reputation and achievements in business valuation, litigation support and forensic accounting, their history of serving AAML members and their clients in complex financial matters during divorce proceedings, and their commitment to integrity in the process.
Hawkins is a frequent speaker on business valuation to national conferences, including the Business Valuation Conference of the American Society of Appraisers (ASA), the Business Valuation Conference of the American Institute of Certified Public Accountants (AICPA), the Judicial Section of the American Bar Association, the American Bar Association-American Law Institute, the National Trust Real Estate Association, and to various law schools. Hawkins has also served as a panelist and a moderator in various national teleconferences and webinars for business appraisers.
Hawkins served two three-year elected terms as a member of the Business Valuation Committee of the American Society of Appraisers (ASA), the governing body of the ASA’s business valuation discipline. He also served six years as the head of the Business Valuation section of the International Board of Examiners of the ASA, which reviews business valuation reports for competency by candidates seeking accreditation. Hawkins previously served eight years as an Advisor and an Examiner to the Board, and was named Examiner of the Year one of those years.
Michael Paschall, ASA, CFA, JD, a Managing Director of Banister Financial, Inc. Business Valuations, is an Accredited Senior Appraiser (ASA)in business valuation of the American Society of Appraisers, and is aChartered Financial Analyst (CFA) charter holder.
Prior to joining Banister Financial, Paschall held positions in credit analysis and trust investments for First Union National bank (now Wells Fargo Bank), where he valued a wide variety of privately held companies and partnerships. Paschall obtained a B.A. in English and Economics from the University of North Carolina at Chapel Hill and a J.D. from Wake Forest University Law School.
Paschall is co-author (along with George Hawkins of Banister Financial) of the CCH Business Valuation Guide, a book now in its sixteenth edition. Paschall is also co-editor of CCH Business Valuation Alert, a national quarterly business valuation journal. Paschall has also authored articles on business valuation topics for leading professional publications.
A frequent speaker, Paschall has served as a guest lecturer at Wake Forest University School of Law and has spoken at the Business Valuation Conference of the American Institute of Certified Public Accountants (AICPA), the Business Valuation Conference of the American Society of Appraisers (ASA) and the National Trust Closely Held Business Association.
Paschall also has spoken to numerous local, regional and statewide sections of various Bar Associations in the Southeast. Paschall has also served as a panelist in various national teleconferences on valuation for business appraisers.
Paschall is qualified as an expert witness in business valuation in various state courts and arbitration matters and has been appointed as an independent appraiser by the courts. Paschall has been retained by the United States Justice Department to provide consulting expertise on business valuation issues in the healthcare industry.
Paschall is the Chair of the Ethics Committee of the American Society of Appraisers and previously served as an Advisor to the Society's International Board of Examiners (Business Valuation Section). This Board approves candidates for accreditation by reviewing submitted business valuation reports for technical competency. Prior to his role as an Advisor, Paschall served as an Examiner for the Board of Examiners.
