Michael Yi, ASA, CPA, TEP, MBA

Professional Qualifications & Education:

CPA, California
ASA, American Society of Appraisers, Business
Valuation MBA, UCLA
TEP, Society of Trust and Estate Practitioners (STEP)
Member, Valuation Committee of the ESOP Association
MCLE and CPE course instructor for Attorneys and CPAs

Professional Experience:
Michael Yi, Managing Director of Newport Valuations, Inc. is responsible for project
management and employee development. Specifically, he oversees recruiting and training
analysts and preparation of business valuations. His responsibilities entail managing complex
financial analysis, report writing, litigation support, client relationship management, and practice
development. Mr. Yi manages the following valuation practices: mergers and acquisitions,
corporate restructuring, intangibles, S-corp. “Built-in” gains, corporate and partnership
dissolutions, Employee Stock Ownership Plans (ESOPs), fairness and solvency opinions, estate,
gift and income taxes, ASC 805, ASC 350, 409A, 123(R), business litigation and others. Mr. Yi
also advises on IRS and DOL litigations.
Mr. Yi has extensive professional experience, both as a consultant and as a practitioner.
He was a CPA in public accounting with a Big Four and other national CPA firms prior to
becoming the CFO of an IBM marketing company. Thereafter, he was an officer of a premier
investment management firm with over $52 billion in assets under management, a
Manager/Principal of a specialist business valuation firm located in West Los Angeles, CA., a
Managing Director of an investment banking firm in Irvine, CA, and a Managing Director with
Marshall & Stevens, a national business valuation firm in Los Angeles, CA.

Faculty Member’s Sessions