July 2018 What are the major benefits of an ESOP? What risks are involved with an ESOP? The Portland Business Journal recently convened a panel of experts to discuss why it's critical to create a business succession plan. Three thought leaders in the ESOP industry, including Chartwell's Nick Braun, talked about the importance of having the right team and walked through the pros and cons of an ESOP. "We see that a lot of companies that become ESOPs have a mentality of independence... You can create considerable wealth beyond people’s wildest thoughts because they have a stake in this company they’re helping to build every day," said Braun. Read the Thought Leader Forum on ESOPs.