Since 2000, Ms. Hollis has experience in valuation and consulting services for various valuation purposes, including shareholder buy-outs/buy-ins, family limited partnerships, ESOPs, partnership agreements, family business disputes, marital dissolution, bankruptcy, mergers & acquisitions, and gift & estate tax determinations. Her expertise also includes income analysis and financial forensics for business matters, breach of fiduciary duty, fraud, lost profits, damages and shareholder disputes, usurpation of corporate opportunities as well as for marital dissolution.
With her background, she has unique insight and experience with closely-held companies in a multitude of industries, including professional services such as consulting, insurance, legal, accounting, medical and other related healthcare services. Traditional industries include auto dealerships, hospitality, contractors, trucking/transportation, manufacturing, distribution, retail, wholesale, agriculture, architecture and engineering. Enterprises include franchises, single-site operations, companies with multiple locations nationwide, regional and local, and those with overseas operations.
Ms. Hollis is a graduate of Michigan State University, where she obtained a Bachelor’s of Science in Psychology and a Bachelor’s of Arts in Journalism. She also has a master’s in accounting and has earned all credits necessary to sit for the CPA exam in Illinois. As a seasoned valuation expert, Ms. Hollis is an Accredited Senior Appraiser (ASA) with the American Society of Appraisers, which is the most prestigious appraisal organization for valuation professionals. Currently, she sits as an officer on the ASA’s national Business Valuation Committee. As a member of the Committee since 2011, she assists in setting rules, ethics and educational standards for the ASA business valuation membership. She is a past Chicago ASA Chapter president and has held other positions within the ASA organization. Additionally, Ms. Hollis is a past member of the Valuation Advisory Committee for the ESOP Association (TEA). She is also Certified in Distress Business Valuation (CDBV) with the Association of Insolvency & Restructuring Advisors (AIRA) and a member of the Association of Certified Fraud Examiners (ACFE).
Ms. Hollis is also a qualified expert witness and has testified in various litigation matters for purposes of transaction disputes, marital dissolution, and shareholder dissention and oppression. She has completed the Basic Interdisciplinary Collaborative Law Training course from the Collaborative Law Institute of Illinois, an organization that trains lawyers, divorce coaches, child specialists, and financial specialists in helping clients reach an out-of-court agreement without litigation and the direct involvement of the court system. As a financial specialist, Ms. Hollis is experienced in valuing the business asset contained within the marital estate, which allows legal advisors to develop financial scenarios and alternatives based on the valuation opinion.
Education/Growth & Development
- BS, Michigan State University, December 1998
- BA, Michigan State University, August 2000
- Master’s in Accounting, December 2005
- Accredited Senior Appraiser (ASA)
- American Society of Appraisers (ASA) BV Committee – Member, July 2011 – current
- Past President Chicago Chapter of the American Society of Appraisers 2012-2013
- The ESOP Association – Past member of the Valuation Advisory Committee
- Certified in Distress Business Valuation (CDBV)
- Association of Insolvency & Restructuring Advisors (AIRA) – Member
- Association of Certified Fraud Examiners (ACFE) - Member
- Established author of articles for various industry and professional publications