Ayhan provides valuation consulting services to attorneys, financial institutions, business owners, and the board of directors of companies for gift and estate tax valuations, ESOP transactions and annual updates, potential sales and acquisitions, IRC Section 409A compliance for the issuance of employee stock options, ASC 350 for goodwill impairment, internal planning, asset backed lending, shareholder disputes, and litigation support. Ayhan has particular experience in the valuation of operating businesses from a variety of industries including government contracting, information technology, consumer retail and distribution, manufacturing, engineering and construction, healthcare, financial services, and real estate. He also has extensive experience in the valuation of intangible assets, restricted stock, warrants, stock options, and other types of equity-based compensation.

Prior to joining VSI, Ayhan began his career at Lehman Brothers Holdings, Inc. as an Analyst in the Mortgage Capital Division. At Lehman Brothers, he was involved in performing due diligence, analyzing cash flow accounts, and other treasury functions.

Ayhan is a graduate of The Robert H. Smith School of Business at the University of Maryland, College Park with a BS in Finance. Ayhan is a CFA charterholder and is a member of the CFA Institute, CFA Society of Washington, D.C., NACVA, the ESOP Association, and NCEO.

  • Chartered Financial Analyst (CFA)
  • Certified Valuation Analyst (CVA)
  • University of Maryland, College Park – BS in Finance
  • CFA Institute
  • CFA Society of Washington, D.C.
  • National Association of Certified Valuators and Analysts (NACVA)
  • The ESOP Association
  • National Center for Employee Ownership (NCEO)

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3000 Wilson Boulevard

Suite 220

Arlington, VA 22201


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