Member Details

Mr. Raymond J. Dragon

Mr. Raymond J. Dragon, ASA


Business Valuation

Anchin, Block and Anchin

1375 Broadway
New York, NY 10018-7001


Raymond J. Dragon, MBA, MSc, CPVA, ASA

Raymond J Dragon ASA is the Director of Business and Intellectual Property Valuation at Anchin, Block & Anchin.  He is an Accredited Senior Appraiser with over 25 years of experience in valuation, corporate finance, forensic accounting and expert testimony.  Ray has performed valuations of business interests for litigation, martial dissolution, estate and gift planning and shareholder disputes.  He has also valued complex securities, stock options, and intellectual property such as tradenames, brands, customer relationships, patents, and technology.  Ray earned his B.A. with high honors from Lehigh University, his MBA in finance from the Kellogg School of Management at Northwestern University, and a Master of Science in financial economics from the University of London.  He is also a Certified Patent Valuation Analyst (CPVA).   Mr. Dragon has the unique distinction of having served as President of both the New York City and Northern New Jersey ASA Chapters.

Business Valuation Services:

•     Marital Dissolution – Business valuation, forensic accounting, personal cash flow analysis and lifestyle analysis.

•     Financial Reporting - FAS 141 purchase price allocations, FAS 142 goodwill impairment testing, FAS 157 fair value analysis, and fresh start accounting.

•     Litigation Support – Business valuation for oppressed shareholder disputes and partnership disputes. Review and critique of opposing expert’s valuation reports.

•     Estate and gift planning - Valuation of family limited partnerships and determination of discounts for lack of control and lack of marketability for minority interests.

•     Mergers & Acquisitions – Acquisition valuation. Advisory services regarding due diligence, transaction structuring and negotiation of acquisition agreements.

•     Transfer Pricing – Transfer pricing analyses under Section 482 of the IRS code.


•     J. L. Kellogg School of Management, Northwestern University - Master of Business Administration with a concentration in finance. Dean^s List.

•     University of London - Master of Science in Financial Economics.

•     Lehigh University - Bachelor of Arts with high honors in international relations. Dean^s List. Aurie N. Dunlap Prize in International Relations.

•     American Society of Appraisers - Accredited Senior Appraiser (ASA) in Business Valuation.

•     Certified Patent Valuation Analyst

Business Experience:

•     Over 20 years experience in financial analysis, business valuation, M&A and litigation support.

•     Experience derived from positions in Big 4 accounting, investment banking, corporate development, and management consulting.



Appraisals Over Internet

Does not accept Fee Assignments

Experience as Expert Witness

Experience with IRS Appraisals

Appraisals for personal relationship dissolution

purchase price allocation, FAS 141, FAS 141R, FAS 142, ASC 805, ASC 820, divorce, estate, gift, shareholder, fair value, fair market value, marital, FLP, partnership, LLC, transfer pricing, intangible, intellectual property, M&A, estate, gift, lost profit

Currently holds

Designation(s)Discipline Specialty
Business ValuationBusiness Valuation

Works in Industries

Auto/Truck Dealerships
Business Services
Communication Equipment
Computer Companies/Peripherals
Extractive Industries
Fast Food
Financial Institutions
Financial Services
Food - Processing and Bottling
Gas Stations
Government Contractors
High - Tech
Insurance Agencies
Insurance Companies
Law Firms
Medical Equipment and Supplies
Not For Profits

Purpose of Appraisals

Purpose of Appraisal
Commercial Damages
Corporate Dissolutions/Shareholder Rights
Corporate Finance Consulting
Fairness Opinions
Family Limited Partnerships
Intellectual Property
International Valuations
Mergers and Acquisitions
Pass Through Entities/Partnerships
Professional Practices
Purchase Price Allocations
Research and Development
Royalty Rate Studies
Tax Valuations