Bradley J. Franc Explained

Bradley J. Franc
Nationality:American
Other Names:Brad Franc
Occupation:Attorney
Known For:Legal Network Ltd, PCN Network, Medallion Analytics, and The Succession Coach, LLC
Notable Works:The Succession Solution (2019)
United States Supreme Court citations
Education:The Pennsylvania State University
University of Pittsburgh School of Law

Bradley J. Franc is an American attorney and former Certified Public Accountant (CPA) known for his work in succession planning, especially for family and closely-held businesses.[1] [2] [3] [4] [5]

Education

Franc received his B.S. in accounting from the Pennsylvania State University. Afterwards, he obtained a Juris Doctorate from the University of Pittsburgh School of Law cum laude.[5] During his time at the University of Pittsburgh, he was a member of the Law Review, and was cited by the United States Supreme Court in CIR v. Fink, 483 U.S. 89 (1987).[6] He has also received the Robert Maxwell DeBroff Award.[7] Franc is admitted to practice law in Pennsylvania and several courts, including the U.S. Tax Court.

Career

Franc focuses in succession planning for large, family-run businesses. He began his career as a Certified Public Accountant (CPA) at the international accounting firm now known as EY and Company. He later pursued law, becoming a strategic business adviser and a business lawyer. Over his career, Franc has practiced business, estates, and trust law at Houston Harbaugh[8] [9] and founded five separate businesses.

Bradley J. Franc founded Legal Network Ltd., which became one of the first legal interim staffing firms in Western Pennsylvania. Later, Legal Network was sold to Modis, a privately held company. His second firm, PCN Network, focused on real estate closings and was successfully sold to a private equity firm. Franc's third company, Medallion Analytics Corporation, offered data services tailored to mortgage originators and settlement service providers. Medallion was subsequently sold to eLynx Technologies.[10]

Franc also has served on both for profit and non-profit boards, including the boards of directors for Heeter, Global Tax Management, Fort Pitt Capital Mutual Fund, General Carbide Graphite Company, the University of Pittsburgh, La Roche University, Catalyst Connection, and the YPO Gold.[11] [12]

Franc regularly speaks at events for organizations such as American Law Institute, Private Directors' Association, Attorney’s For Family Enterprises, Young Presidents' Organization (YPO) Gold[13] – Pittsburgh Chapter, La Roche University Board of Trustees,[14] and others.

In 2014, Pennsylvania Governor Tom Corbett appointed Franc as a Commonwealth Trustee on the University of Pittsburgh Board of Trustees.[15] Franc has also been associated with the UPMC Passavant Hospital Board of Trustees[16] and the Passavant Hospital Foundation Board of Trustees.

Publications

In 2019, the first edition of The Succession Solution: The Strategic Guide to Business Transition was published by Bradley J. Franc. Franc has been featured in various magazines such as Forbes,[17] U.S. News and World Report, and Pittsburgh Business Times, as well as TechVibe Radio and Industrial Distribution.[18] [19]

One of his articles on tax provisions has been cited by the U.S. Supreme Court.[20]

Additionally, he authored a personal development book for young adults titled Choose Your Own Roles.

Personal life

Franc lives in Sewickley, Pennsylvania.[21]

Notes and References

  1. Web site: Bradley Franc. justia.com.
  2. Web site: Vision, Trust And A Plan Perfects Your Legacy With Bradley Franc. Legacy Planning. August 18, 2023. YouTube.
  3. Web site: Brad Franc. William & Mary School of Business.
  4. Web site: Estate Planning for the Family Business Owner 2024 . ali-cle.org . 2024-10-25.
  5. Web site: Top Rated Pittsburgh, PA Estate Planning & Probate Attorney | Bradley Franc | Super Lawyers.
  6. Web site: CIR v. Fink, 483 U.S. 89 (1987). Justia Law.
  7. Web site: University of Pittsburgh . Honors and Prizes - University of Pittsburgh . 2024-09-03 . www.bulletins.pitt.edu.
  8. Web site: Bradley J. Franc. Dan. Worley. July 27, 2020.
  9. Web site: Bradley Franc . 2024-09-03 . Houston Harbaugh . en-US.
  10. Web site: Medallion Analytics (acquired by eLynx) - Innovation Works. December 14, 2017. www.innovationworks.org.
  11. Web site: World President's Organization | UIA Yearbook Profile | Union of International Associations. uia.org.
  12. Web site: Bradley Franc. Houston Harbaugh.
  13. Web site: Planning Helps Put The Success In Succession . 2024-09-03 . YPO. 2 February 2017 .
  14. Web site: Welcome to La Roche University. www.laroche.edu.
  15. Web site: Bradley J. Franc Appointed Commonwealth Trustee on Pitt Board of Trustees. www.news.pitt.edu.
  16. Web site: 2023-01-10 . Executive Compensation at UPMC Group (2020) . 2024-09-03 . Paddock Post . en.
  17. Web site: Jacobs . Deborah L. . Two Documents Every 18-Year-Old Should Sign . 2024-09-03 . Forbes . en.
  18. Web site: Industrial Distribution . 2013-03-29 . Successful Succession Planning - Part One . 2024-09-03 . Industrial Distribution . en-us.
  19. Web site: Industrial Distribution . 2013-04-04 . Successful Succession Planning - Part Two . 2024-09-03 . Industrial Distribution . en-us.
  20. Web site: Brad Franc, Business Attorney-At-Large | Inspire Financial Planning, LLC.
  21. Web site: La Roche College | La Roche University. www.laroche.edu.