Ms. Karen Miles
Karen Miles is a Managing Director and Head of Houlihan Lokey’s Financial Advisory Services business for Southern California. She is a Co-Head of the firm’s Global Tax & Financial Reporting Valuation practice, Member of the firm’s Estate and Gift Tax Engagement and Review Committee, and Co-chair of the firm’s Technical Standards Committee, which determines the appropriate methodologies for dealing with valuation issues.
Ms. Miles is based in the firm’s Los Angeles office.
Ms. Miles has more than two decades of experience in valuation and financial consulting, with emphasis on the valuation of businesses, securities, and intangible assets. Her experience includes fairness opinions, solvency opinions, purchase price allocations, goodwill impairment analyses, valuations for transactions, financings, gift & estate tax planning, ESOPs, dissolutions, and litigation.
She has consulted on ownership transition issues and liquidity alternatives. She has also testified as an expert witness in depositions and trials, and has served as a court-appointed referee.
Before joining Houlihan Lokey, Ms. Miles was a principal at a Big Four accounting firm in its economic and financial consulting division, where for 10 years she specialized in valuation and litigation consulting. Before that, she was a financial analyst at a Fortune 500 corporation.
Ms. Miles has served on the International Valuation Standards Council (IVSC) committee on “Discounted Cash Flow Analysis for Market Valuations and Investment Analyses.” She also served on the Board of Directors for one of the Southern California chapters of the Association for Corporate Growth (ACG), and the Board of Directors of the Alzheimer’s Association, California Southland Chapter.
In addition, she has been a guest lecturer in the M&A Program at UCLA’s Anderson School of Management and has spoken on M&A and valuation related topics at the American Society of Appraisers’ Los Angeles Fair Value Conference, the WorldatWork Total Rewards Conference, as well as ACG and CommNexus sponsored events.
Ms. Miles writes frequently on the subject of valuation.
Ms. Miles earned a B.A. in Business Administration at the University of Southern California and an MBA at UCLA’s Anderson School of Management. She is a CPA and holds the Accredited in Business Valuation credential. She is a member of the American Institute of Certified Public Accountants (AICPA) and the American Society of Appraisers (ASA).