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News RoomSES President Bob Massengill and SES Client Pariveda Quoted in Wall Street JournalNovember 17, 2009 -
For Immediate Release:
Bob Massengill, President of SES, is quoted in the Smart Money section of the Wall Street Journal online:
"Basically, the seller gets his money without paying any taxes," says Bob Massengill, the president of SES Advisors, a private company financial advisory firm in Philadelphia. "Employees benefit because it is company funded deferred compensation," he says. In other words, "they are getting a larger retirement benefit that is funded by the company."
Bruce Ballengee, co-founder of SES client Pariveda Solutions, is also quoted, along with Corey Rosen of NCEO and Michael Keeling of The ESOP Association.
Click here to read the full article.
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