James A. Larson, Ph.D., ASA, CFA

Jim Larson has been performing business appraisals of closely-held business interests since 1993. These appraisals have included firms ranging in size from $100,000 in annual revenue to over $100,000,000. His other relevant experience includes ten years of university teaching as an Associate Professor at Embry-Riddle University (ERAU) in Prescott, Arizona. His teaching responsibilities at ERAU included courses in management, finance and economics. Prior to his teaching career, Dr. Larson spent seventeen years working in the public securities market in the areas of equity and fixed-income securities research, trading and portfolio management. He achieved Vice President status at United Bank of Arizona and Anchor National Life Insurance, both headquartered in Phoenix, Arizona. In addition to his appraisal work, he serves as an Adjunct Professor of Economics, Finance and Strategic Management with the University of Phoenix MBA program.

Dr. Larson holds a Ph.D. degree in Business Administration with a specialization in finance from the Union Institute, Cincinnati, Ohio. He has held the Chartered Financial Analyst (CFA) designation since 1977 and received Accredited Senior Appraiser (ASA) status with the American Society of Appraisers in February 2000. He received his MBA and BA degree in Mathematics from the University of South Dakota.

Dr. Larson is the author of the 1993 book Treasury Auction Results as Interest Rate Predictors published by Garland Publishing of New York. He is author of the article entitled “Stock Price Reactions of Small Firms to the Loss of the CEO” published in the July 1999 edition of the Journal of Small Business Management. He is co-author of three articles on key-person discount, all of which were published in the Business Valuation Review (BVR), the official journal of the Business Valuation Committee of the American Society of Appraisers. A printable copy of Dr. Larson’s Vita in PDF format can be downloaded here.