Photo of Richard Lies

After I graduated as an undergrad from Northwestern University, I postponed real life and enjoyed living as a ski bum in Aspen for a season.
Richard Lies, III
Partner, CFA, ASA, MBA


Working primarily with middle-market privately owned businesses, I specialize in the valuation of closely held equity securities, partnership interests, and intangible assets, such as technology, intellectual property, trade names, customer relationships, and noncompetition agreements.

Not only does our team provide excellent service, but I think most clients agree that it’s fun to work with us. I’ve been with Plante Moran for more than 12 years, and I consider the team that we’ve built to be our greatest accomplishment. We’re recognized for our excellent technical knowledge and our ability to apply that in practice.

I recently spoke at a panel event held by the Business Valuation Association of Chicago — where I’m a director and former president — discussing best practices related to the latest regulatory changes to valuation for fair value measures in financial reporting. I have a B.S. in electrical engineering from Northwestern University and an M.B.A. in finance from the University of Iowa.

I spend my free time with my wife and kids. I also enjoy playing fantasy football where, unfortunately, I lose more than I win.