Darren Cordier's Profile

Title:

President

Company:

FV Specialists, Inc.

Business Listing:

Darren is Founder and President of FV Specialists, Inc.; a business valuation and advisory firm. He specialties include valuations of businesses, business interests, options, and intangible assets, focused on valuations for financial reporting and tax purposes.

Fair Value for Financial Reporting (ASC 350, ASC 718, ASC 805, and ASC 820) (IFRS 3, IAS 36, and IAS 38), IRC 409A valuations, Gift and Estate Tax Valuations, Fairness Opinions, Solvency Opinions, and Complex Financial Instruments.
Organizations: Member and Chartered Financial Analyst Designee, CFA Institute; Member, CFA Society of Dallas/Fort Worth; Candidate Member, American Society of Appraisers (successfully completed BV201 – BV204); Member, Appraisal Issues Task Force; and Member, Association for Corporate Growth

Education

University	Degree	Start Date (Year)	End Date (Year)	Activities and Societies
Neeley School of Business (at Texas Christian University )	MBA	1992	1994	Graduate Assistant - TCU Department of Accounting, William C. Conner Foundation - Economics Chairman, Financial Management Association - National Honor Society, and Business Law Award - TCU Department of Management
The University of Texas at Austin	BBA	1987	1991	UT Finance Association, UT Accounting Association, Dean's List

Experience

Company	Dates	Title	Job Description
FV Specialists, Inc. I am currently working here	08/2007	President	Founded a business valuation consulting firm focused on assisting with valuations for financial reporting, acquisition planning, and post acquisition tax compliance. Responsible for firm operations, strategy, marketing, and providing consulting services.
Business Valuation Advisors LLC	12/2003 - 08/2007	Director	Supported marketing and customer service on a variety of valuation and consulting engagements ranging from fairness opinions, purchase price allocations, valuations of stock options, and valuation of business interests. Co-leader of the senior management teams that sold the largest valuation assignments in firm history including purchase allocations on transactions of $1.2 billion and $2.5 billion. Directed managers and staff. As part of senior management, coordinated development and evolution of policies, procedures, training programs, and various other aspects related to the management of the firm. Businesses and business interests valued are in the industries of computer software, computer hardware, integrated systems, manufacturing, transportation, health care clinics, physician practices, and durable goods manufacturers.
Grant Thornton LLP	08/1999 - 11/2003	Senior Manager	Managed engagements involving valuation consulting and the appraisal of business enterprises and related interests for various purposes. Prepared training materials and templates for implementation in offices across the U.S. Coordinated with assurance services regarding review of valuations in the audit process. Additional industry experience to that noted in the current position includes the areas of aircraft maintenance, fishing, and marine equipment.
American Appraisal Associates, Inc.	01/1998 - 07/1999	Engagement Director	Coordinated project management including planning and budgeting, coordination with real estate and machinery and equipment appraisers on multidisciplinary engagements, engagement staffing, staff management (of Analyst and Associate Level staff), and all phases of client interaction. In addition to industries noted in current position, performed valuations related to hospitals, health maintenance organizations, loan servicing, and convention center operations.
Ernst & Young LLP	09/1994 - 12/2007	Senior Consultant	Performed valuation analysis relating to the appraisal of closely held businesses, including coordination with supervisors and staff, interviewing senior management, performing due diligence, financial analysis, economic analysis, industry analysis, documentation of procedures and opinion, and report preparation. Additional industry experience to that noted in previous sections includes broadcasting, banking, and oil and gas exploration.

Expert Information

Areas of Expertise

409a, ASC 718, Asset Valuation, Valuation

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Expert's Bio
Mr. Darren S. Cordier, CFA is founder and president of FV Specialists, Inc, a business valuation and advisory firm. Since 1994, he has performed hundreds of valuation engagements related to financial advisory, intangible asset valuations, and valuation of incentive compensation units including private equity, options, stock based appreciation rights, etc. Mr. Cordier is well recognized for his knowledge of business valuation and fair value having spoken before the American Institute of Certified Public Accountants ("AICPA"), American Society of Appraisers ("ASA"), Institute of Business Appraisers, Appraisal Issues Task Force ("AITF"), and other professional groups; contributed to chapters in to "Financial Valuation: Applications and Models", edited by James Hitchner (John Wiley and Sons, Inc. 2003 and 2006); performed technical reviews on the book "Valuation for Financial Reporting", (John Wiley and Sons, Inc. 2002); and co-authored professional courses for AICPA and the American Society of Appraisers ("ASA") on valuations for financial reporting. Mr. Cordier received his undergraduate degree from the University of Texas at Austin and a master of business administration from Texas Christian University. Mr. Cordier holds the CFA designation from the Chartered Financial Analyst Institute. Mr. Cordier also is a member of the Chartered Financial Analyst Institute, a candidate member of the ASA, a member of the AITF, and a member of the Association for Corporate Growth.

Expert's Bio

Mr. Darren S. Cordier, CFA is founder and president of FV Specialists, Inc, a business valuation and advisory firm. Since 1994, he has performed hundreds of valuation engagements related to financial advisory, intangible asset valuations, and valuation of incentive compensation units including private equity, options, stock based appreciation rights, etc. Mr. Cordier is well recognized for his knowledge of business valuation and fair value having spoken before the American Institute of Certified Public Accountants ("AICPA"), American Society of Appraisers ("ASA"), Institute of Business Appraisers, Appraisal Issues Task Force ("AITF"), and other professional groups; contributed to chapters in to "Financial Valuation: Applications and Models", edited by James Hitchner (John Wiley and Sons, Inc. 2003 and 2006); performed technical reviews on the book "Valuation for Financial Reporting", (John Wiley and Sons, Inc. 2002); and co-authored professional courses for AICPA and the American Society of Appraisers ("ASA") on valuations for financial reporting. Mr. Cordier received his undergraduate degree from the University of Texas at Austin and a master of business administration from Texas Christian University. Mr. Cordier holds the CFA designation from the Chartered Financial Analyst Institute. Mr. Cordier also is a member of the Chartered Financial Analyst Institute, a candidate member of the ASA, a member of the AITF, and a member of the Association for Corporate Growth.