The ABCs of ESOPs: Employee Stock Ownership Plans Are Making Ownership Succession a Success  - CLEO Skip to main content


Financial consultant Colvin T. Matheson stood before a standing room only audience at the ACEC Fall Conference in Portland, Maine, last September, to deliver a presentation on Employee Stock Ownership Plans, or ESOPs, as they are commonly called. Matheson was not surprised by the turnout. An increasing number of engineering firms are adopting ESOPs because of their many benefits. ‘We’re seeing a resurgence in them,’ says Matheson, managing director of Matheson Financial Advisors in Falls Church, Va. ‘There’s a growing trend.’

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