Rick Schmitt

President, Valuations

Rick Schmitt is responsible for providing valuation leadership and oversight of Gordon Brothers. Prior to joining the company, Rick served as president and CEO of AccuVal-LiquiTec, the valuation company he co-founded, which was acquired by Gordon Brothers in 2015. During his nearly three decades at that firm, he spent many years in the role of chief operating officer where he oversaw production of all appraisal and consulting engagements and was responsible for driving the achievement of the firm's profitability goals. A multi-disciplined appraiser, he has more than 30 years of experience appraising businesses, intangible assets, machinery, real estate and inventory across a wide variety of industries, including manufacturing, distribution and service companies. Rick has managed multi-national evaluations of manufactured and retail inventories, businesses, product lines, trademarks, patents, equipment, machinery and real property. An expert witness, he has extensive litigation support experience testifying before numerous federal bankruptcy courts, civil courts and tax authorities. He has also directed numerous appraisals involving true lease analysis, and valuations of assets at lease inceptions, buyouts and residual valuations. Rick also advises clients on business and asset sale strategies. He has executed liquidations of businesses, product lines, inventory and assets across a broad range of industries throughout the U.S. and abroad. An expert in his field, Rick holds numerous accreditations, frequently speaks on valuation topics and has published several articles related to the appraisal process. He is recognized as a Certified Valuation Analyst (CVA) in business valuation by the National Association of Certified Valuation Analysts and is an Accredited Senior Appraiser (ASA) with the American Society of Appraisers. Rick has completed the Uniform Standards of Professional Appraisal Practice (USPAP) coursework. He graduated from the University of Wisconsin-Milwaukee with a B.B.A. in accounting.