What services does The Griffing Group provide? The services we provide fall into three categories: valuations, litigation support and transaction advisory services. Please see What We Do for detailed descriptions of these services.

What is the difference between an appraisal and a valuation? For the most part, the terms “appraisal” and “valuation” are used interchangeably. Certain professional organizations and legal jurisdictions may have specific definitions for each of the terms.

How much does a valuation cost? It depends upon the project. The fees we charge for our services are determined by the amount of time necessary to complete our work.

How long does it take to complete a valuation? The length of time needed to complete a valuation varies greatly. A relatively small, simple project may take as little as two weeks; a large, complex valuation project may take months. It depends largely upon the purpose of the valuation and the amount and availability of information.

When does a valuation expire? There is no prescribed expiration time for valuations. As the facts and circumstances of a business change, so might its value.

Is The Griffing Group a subsidiary of another company? No. The Griffing Group is independently owned and operated.

Is The Griffing Group licensed? There is no state or federal licensing body for business appraisers. The Griffing Group is active in two professional organizations that set the standards for the industry: the American Society of Appraisers (ASA) and the National Association of Certified Valuation Analysts (NACVA).

Is The Griffing Group a law firm? No. No employee of The Griffing Group is an attorney. Typically, law firms hire us to complete valuation projects for their clients.

Is The Griffing Group an accounting firm? No. One of The Griffing Group’s principals, Edward T. Schroeder, is a Certified Public Accountant (CPA), but The Griffing Group does not provide accounting services.