Kelly joined Pacific Business Valuation, LLC in 2019. He has worked on business valuations of corporations (both S and C corporations), limited partnerships, general partnerships, limited liability companies, and personal businesses. He has valued companies in the wholesale, retail, healthcare services, property management, and real estate industries. The size of business interests appraised included both minority and majority interests. Businesses served were located in the Hawaiian Islands and on the mainland.
Business valuations (or appraisals) are prepared for estate and gift transfers, purchases and sales of business interests, employee stock ownership plans, divorce, and various other purposes.
Kelly has worked in the financial institution industry for 20 years and has held positions in the top three banks in Hawaii. He has worked in various capacities and divisions ranging from Internal Audit to Treasury and Investments to Financial Planning and Analysis. Kelly started his career in public accounting at the Deloitte & Touche Honolulu office.
He was born and raised in Hawaii. He attended college on the mainland and choose to return to Hawaii to build his career. He is married and has three busy children who he happily chauffeurs from activity to activity.
Credentials
American Institute of Certified Public Accountants (AICPA)
CPA – Certified Public Accountant
ABV – Accredited in Business Valuation
National Association of Certified Valuators and Analysts
CVA – Certified Valuation Analyst
CFA Institute (CFA)
CFA – Chartered Financial Analyst
Professional Experience
2019-Present Pacific Business Valuation Inc. / Pacific Business Valuation, LLC , Honolulu, Hawaii
President
Firm specializes in business appraisals and valuation consulting services. Business appraisal and valuation services provided for various purposes including family wealth transfers through gifts or estate, purchase or sale of business interests, and divorce litigation.
2018-2019 First Hawaiian Bank, Honolulu, Hawaii
Financial Planning & Analysis Division Manager, Senior Vice President
Led enterprise wide budget process. Led cross functional team to implement new segment, product and customer profitability system based on risk-adjusted return on capital.
2005-2018 American Savings Bank, Honolulu, Hawaii
Director of Enterprise Data, First Vice President
Developed and managed the company’s enterprise level data view and strategy. Led project to consolidate enterprise business intelligence reporting solutions.
Financial Planning & Analysis Manager, First Vice President
Led cross functional team to implement new organization, product and customer profitability system based on risk-adjusted return on capital. Managed strategic planning, operating and capital budget, and monthly business unit profitability processes.
Enterprise Risk Consultant
Provided guidance to operating departments on Sarbanes-Oxley (SOX) documentation, test of controls, and evaluation of test results. Coordinated presentation of test results to SOX Review Committee.
2001 – 2005 Resources Connection, Inc., (NKA RGP), Honolulu, Hawaii
Associate
Firm provides project-based resources in the areas of finance, accounting and information management. Provided Controller/Financial Analyst/Internal Auditor duties for clients in the health care, financial services, and lumber industries.
1994 – 2000 Bank of Hawaii, Honolulu, Hawaii
Budget Manager
Coordinated and compiled lines of business and operating budgets. Built budget models to allocate support and channel cost centers’ operating expenses, executive expenses, and equity to the business units.
Treasury/Investment Analyst
Documented asset/liability management, investment and hedging strategies based upon defined targets. Participate in special projects such as foreign currency value-at-risk, investment portfolio valuation, and investment portfolio restructuring.
Senior Auditor
Planned and performed department and information systems audits, which emphasized internal controls, accounting, compliance, and operations. Drafted audit reports and presented findings to department managers.
1991 – 1994 Deloitte & Touche, Honolulu, Hawaii
In-Charge Auditor
Planned and performed financial audits. Drafted financial statements, engagement letters, management letters, and reports. Served clients in the not-for-profit, property management, wholesale and retail industries.
Staff Auditor
Performed financial audit test work.
Professional Affiliations and Volunteer Experience
2022 American Society of Appraisers
2020-Present National Association of Certified Valuators and Analysts
2020-Present Hawaii Association of Public Accountants
2019-Present Hawaii Estate Planning Council
2019-Present American Institute of Certified Public Accountants (CPA / ABV)
2019-Present Hawaii Society of Certified Public Accountants
2019-Present CFA Society Hawaii
2013-Present Volunteer Soccer Coach and Referee
1998-Present CFA Institute
2000-Present Lifetime member of the University of Hawaii Alumni Association
Recent Seminars and Studies
Best Practices in Business Valuation – A Practical Approach to Advanced Issues and Applications, National Association of Certified Valuators and Analysts
Forensic & Valuation Services Conference, American Institute of Certified Public Accountants
Intermediate Business Valuation Training Center, Consultants’ Training Institute
