Expert 409A & Business Valuations for Startups & Private Companies
Reliable valuations that ensure compliance, support growth, and drive strategic decisions for early-stage businesses.
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Reliable valuations that ensure compliance, support growth, and drive strategic decisions for early-stage businesses.
Compliance-driven 409A valuations to determine fair market value for stock options and avoid tax penalties..
Read MoreWe render independent advisory services to investors and management groups seeking to complete an internal...
Read MoreExit planning matters. Every business owner eventually exits their company whether by selling, merging, or transitioning...
Read MoreWe render independent advisory services to investors and management groups seeking to complete an internal...
Read MoreWe provide expert valuation services tailored to the intricate demands of corporate litigation. Our valuation analyses are indepe...
Read MoreWhen a business acquisition occurs, properly allocating the purchase price across tangible and intangible assets is crucial for both fina...
Read MoreAlex brings over two decades of experience in investment banking and business valuation, having completed more than 400 engagements across a wide range of industries. He has supported clients with valuations for M&A, financial reporting, tax compliance, business ownership disputes, and strategic planning. His deep expertise is focused on valuing private companies with complex capital structures or securities, including in the context of recapitalization. At Whitehawk Advisory, Alex has served companies ranging from pre-revenue to pre-IPO. Prior to founding Whitehawk, he initiated and led the Financial Advisory practice at Westlake Securities in 2006 following the original issuance of IRC 409A regulations. Alex holds Series 24, 27, 63, 7 and 79 securities licenses, and the Certified Valuation Analyst certification from the National Association of Certified Valuation Analysts. He holds a BBA (Business Honors Program), BA (Plan II Honors Program), and an MPA (Professional Program in Accounting) from the University of Texas at Austin.
At Whitehawk Advisory, we specialize in providing expert valuation services for startups, private companies, and investors. Whether you're preparing for a 409A valuation, navigating M&A, or need assistance with tax and audit compliance, our experienced team delivers accurate, timely, and audit-ready reports tailored to your business needs. At Whitehawk Advisory, we specialize in providing expert valuation services for startups, private companies, and investors.
Schedule A ConsultationNo matter your business size, Whitehawk Advisory is here to provide the expert valuations you need. Let’s discuss your unique needs and get the ball rolling.
Schedule A ConsultationIRC 409A regulates the taxation of nonqualified deferred compensation, such as stock options and phantom stock. Enacted in 2004, it prevents executives from deferring income to avoid taxes. It requires compliance with rules about deferral elections and payment timing and prohibits acceleration or modification of payments. Noncompliance triggers penalties, including a 20% additional tax on the employee.
A 409A valuation is an independent appraisal of a company's common stock to determine the exercise price of stock options and other equity compensation. It ensures the exercise price is not below the fair market value (FMV) to avoid triggering deferred compensation rules under IRC 409A. A qualified appraiser typically conducts the valuation, which is valid for 12 months unless the company's situation changes materially.
A 409A valuation is required if you offer stock options or equity compensation to employees or others. It ensures IRC 409A compliance, preventing adverse tax consequences for the company and its employees. It also establishes a defensible exercise price, helping with talent attraction and retention while fulfilling IRS reporting requirements.
Private companies offering stock options or equity compensation to employees, consultants, advisors, or directors need a 409A valuation to ensure IRS compliance.
To get a 409A valuation, hire a qualified appraiser with experience valuing private companies. The appraiser will need financials, cap tables, and other relevant data to perform the valuation. Once completed, you'll receive a detailed report with the methodology and results. A 409A valuation should be updated at least annually or during material changes.
A 409A valuation typically takes 5 to 10 business days to complete, depending on the complexity of your company's data.
The cost of a 409A valuation depends on your business's size and complexity. Contact us for a personalized quote.
It is advisable to conduct a business valuation annually or when significant events occur, such as substantial growth, market changes, or ownership transitions. Regular valuations help track performance and prepare for opportunities or challenges.
The duration varies based on complexity but generally ranges from 2 to 4 weeks. Timely provision of necessary documentation can expedite the process.
Exit planning involves strategizing for a business owner's departure through sale, succession, or other means. It ensures a smooth transition, maximizes business value, and aligns with the owner's personal and financial goals.
Ideally, exit planning should begin 3–5 years before the intended transition. Early planning allows for value enhancement, tax optimization, and addressing potential challenges. It should be tailored to your financial, operational, and personal goals.
We work with businesses at all stages, from early-stage startups needing their first 409A to mature companies planning exits or involved in litigation.
Companies may pursue recapitalization to:
Tax valuations are essential for complying with IRS requirements in situations like estate and gift planning, charitable donations, or corporate reorganizations. These valuations need to be well-documented and defensible to minimize audit risk.
Exit planning involves strategizing for a business owner's departure through sale, succession, or other means. It ensures a smooth transition, maximizes business value, and aligns with the owner's personal and financial goals.
Ideally, exit planning should begin 3–5 years before the intended transition. Early planning allows for value enhancement, tax optimization, and addressing potential challenges. It should be tailored to your financial, operational, and personal goals.How long does the exit planning process take?
The timeline for exit planning can vary depending on the complexity of your business and your goals. However, executing a well-prepared exit plan usually takes 6 to 24 months. It's crucial to start the business exit process as early as possible—the earlier we begin, the more time we have to optimize your business's value, address any potential issues, and implement strategies to enhance your returns.
The right time to exit your business depends on various factors, both personal and business-related. We can help you evaluate the best time to exit and establish a strategy that ensures maximum value and a smooth transition, regardless of your business stage.
Recapitalization is restructuring a company's debt and equity to improve financial stability, enable growth, or prepare for ownership transitions.
Austin's fast-paced market demands financial flexibility. It can help you take advantage of growth opportunities or weather economic shifts.
The recapitalization process can take 4 to 12 weeks, depending on the deal's complexity and the capital partners involved.
Yes, depending on your goals. We design solutions that balance funding with control preservation.
A gift & estate tax valuation determines the fair market value of assets being transferred through an estate or as gifts. These valuations are essential for calculating estate and gift taxes and ensuring compliance with IRS requirements.
Common assets that require valuation include:
The value of your estate is determined by assessing each asset at its fair market value (FMV), which is the price it would sell for in the open market. For real estate, this might involve a comparative market analysis; for personal items like art or jewelry, appraisals from specialists may be required.
The time it takes to complete a gift & estate tax valuation depends on the complexity of the estate and the types of assets involved. Typically, the process can take a few days to several weeks. After the initial consultation, we will provide a more accurate timeline based on your needs.
A litigation advisor provides strategic guidance to businesses facing legal disputes, helping them navigate the legal process and mitigate risks.
Contact a litigation advisor early to assess your legal options, decrease threats, and build a strategy for handling the situation effectively.
By hiring a litigation advisor, you can address legal issues, lowering the need for expensive court battles and achieve better outcomes through strategic negotiations.
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