QRP Advisors (Qualified Replacement Property), Consultants & Advisors

Ann Kim - Morgan Stanley

QRP Advisors (Qualified Replacement Property) in Chicago, IL

Ann is an accomplished ESOP executive with 20+ years of experience in a multitude of industries. Prior to joining The ESOP Group at Morgan Stanley, she was the General Counsel and Chief Administrative Officer at a $500MM employee-owned company. Prior to her tenure in private industry, ...

William (Bill) Obrien - Morgan Stanley

QRP Advisors (Qualified Replacement Property) in Chicago, IL

Bill has been focusing on ESOPs and capital markets since 1989. He is Co-head of The ESOP Group at Morgan Stanley, assisting business owners and corporations, including several in the Fortune 100, in areas such as corporate liquidity transactions, business succession planning, retireme...

Jim Massey - Morgan Stanley

QRP Advisors (Qualified Replacement Property) in Dallas, TX

Prior to joining Morgan Stanley, Jim held leadership positions with top middle-market Investment Banking firms as Founder, Director, and Head of the Houlihan, Lokey, Howard & Zukin Dallas office and led the Duff & Phelps Southwest regional office as Managing Director and City Leader....

The definition of a Qualified Replacement Property (QRP) is: When an ESOP trust purchases securities of a domestic corporation, the securities that serve as a replacement may be allowed for deferral of taxes on the gains of stock, as they were sold to an employee stock ownership plan.  Developing a strategy to do this requires special experience only our Qualified Replacement Property (QRP) Advisors can offer.