--- title: An Open Letter From Jack | Old Harbor Advisors description: It’s an exciting time in the Employee Ownership world. My role is to get the word out. To demystify a complicated concept. image: https://oldharboradvisors.com/hubfs/oha-site/brand/oha-heritage-share-1200x630.jpg --- [Skip to content](https://oldharboradvisors.com/an-open-letter-from-jack-old-harbor-advisors#main-content) [![Old Harbor Advisors anchor](https://oldharboradvisors.com/hs-fs/hubfs/oha-site/brand/oha-gold-plate-anchor-2026-10-22.webp?width=52&height=53&name=oha-gold-plate-anchor-2026-10-22.webp) OLD HARBOR ADVISORS, LLC](https://oldharboradvisors.com?hsLang=en) Menu - [Mission & Values](https://oldharboradvisors.com/mission-and-values?hsLang=en) - [Business Owners](https://oldharboradvisors.com/the-practice/for-owners?hsLang=en) Business Owners submenu - [Family Businesses](https://oldharboradvisors.com/the-practice/for-owners/family-businesses?hsLang=en) - [Contractors](https://oldharboradvisors.com/the-practice/for-owners/contractors?hsLang=en) - [Professional Services Firms](https://oldharboradvisors.com/the-practice/for-owners/professional-services-companies?hsLang=en) - [Business Advisors](https://oldharboradvisors.com/the-practice/for-advisors?hsLang=en) Business Advisors submenu - [Bankers](https://oldharboradvisors.com/the-practice/for-advisors/bankers?hsLang=en) - [Wealth Advisors](https://oldharboradvisors.com/the-practice/for-advisors/wealth-advisors?hsLang=en) - [CPAs & Attorneys](https://oldharboradvisors.com/the-practice/for-advisors/cpas-and-attorneys?hsLang=en) - [Team](https://oldharboradvisors.com/team?hsLang=en) - [Our Approach](https://oldharboradvisors.com/the-practice?hsLang=en) - [Resources](https://oldharboradvisors.com/resources?hsLang=en) Resources submenu - [ESOP 101](https://oldharboradvisors.com/resources/esop-basics?hsLang=en) - [FAQs](https://oldharboradvisors.com/resources/faqs?hsLang=en) - [Common Misconceptions](https://oldharboradvisors.com/resources/common-misconceptions?hsLang=en) - [Is an ESOP the Right Fit?](https://oldharboradvisors.com/resources/esop-fit?hsLang=en) - [Articles & Market Intelligence](https://oldharboradvisors.com/resources/market-intel?hsLang=en) - [Outside Organizations & Resources](https://oldharboradvisors.com/resources#organizations) [Talk to Us](https://oldharboradvisors.com/talk-to-us?hsLang=en) # An Open Letter From Jack ![Portrait of Jack O’Loughlin](https://oldharboradvisors.com/hs-fs/hubfs/oha-site/imagery/jack-oloughlin-open-letter-portrait-2026-10-27.jpg?width=400&height=320&name=jack-oloughlin-open-letter-portrait-2026-10-27.jpg) It’s an exciting time in the world of employee ownership. Newly enacted, bipartisan legislation and growing recognition of the benefits employee ownership can offer business owners, companies, and employees are bringing ESOPs greater attention and elevating their prominence in the broader business community.   When the circumstances are right, I believe the successful ESOP is one of the finest examples of democratic capitalism in America. Legislators created enormous incentives in the tax code to help perpetuate this unique ownership structure. Business owners and their advisors are noticing.   And it might be the best “win win win” deal around. Sellers, businesses and employees all benefiting from Congress’ efforts to help democratize capitalism. The recent legislation had record bipartisan support. There are a lot of good reasons why.   My role is to get the word out. To demystify a complicated concept. And to help business owners and advisors answer a simple but critical question: **Should we seriously consider an ESOP as an option?** I can help you answer that question.   As a first-generation American, I firmly support the opportunity for people to build a better future through their hard work building a better business. ESOPs can help employees build meaningful financial assets and participate in the success of the businesses they help create. The research data firmly support that promise.   In 1645, John Eliot, the founder of my high school, established it to prepare students for service “both in Churche and Commonwealthe”. Commonwealth: the common wellbeing, the prosperity we build together. That purpose and goal has stuck with me. ESOPs can help preserve remarkable business legacies while building a broader common wealth—giving employees a meaningful stake in the success they help create while potentially allowing owners to realize more of the value of the wealth they have built.   **That’s why I founded Old Harbor Advisors.**   If you’re a business owner thinking about your company’s future, or an advisor helping a client navigate succession, I invite you to start a conversation.   Jack O’Loughlin Educate • Explore • Prepare ![Old Harbor Advisors, LLC seal](https://oldharboradvisors.com/hs-fs/hubfs/oha-site/brand/oha-heritage-seal.webp?width=156&height=156&name=oha-heritage-seal.webp) Ownership • Stewardship • Legacy [Business Owners](https://oldharboradvisors.com/the-practice/for-owners?hsLang=en) - [Family Businesses](https://oldharboradvisors.com/the-practice/for-owners/family-businesses?hsLang=en) - [Contractors](https://oldharboradvisors.com/the-practice/for-owners/contractors?hsLang=en) - [Professional Services Firms](https://oldharboradvisors.com/the-practice/for-owners/professional-services-companies?hsLang=en) [Advisors](https://oldharboradvisors.com/the-practice/for-advisors?hsLang=en) - [Bankers](https://oldharboradvisors.com/the-practice/for-advisors/bankers?hsLang=en) - [Wealth Advisors](https://oldharboradvisors.com/the-practice/for-advisors/wealth-advisors?hsLang=en) - [CPAs & Attorneys](https://oldharboradvisors.com/the-practice/for-advisors/cpas-and-attorneys?hsLang=en) Old Harbor - [Mission & Values](https://oldharboradvisors.com/mission-and-values?hsLang=en) - [Team](https://oldharboradvisors.com/team?hsLang=en) - [Our Approach](https://oldharboradvisors.com/the-practice?hsLang=en) - [Resources](https://oldharboradvisors.com/resources?hsLang=en) - [Talk to Us](https://oldharboradvisors.com/talk-to-us?hsLang=en) Office 176 Federal St, 6th Floor Boston, MA 02110 [info@oldharboradvisors.com](mailto:info@oldharboradvisors.com) [+1 617-237-0267](tel:+16172370267) © 2026 Old Harbor Advisors, LLC [PRIVACY](https://oldharboradvisors.com/privacy?hsLang=en) ```json { "@context" : "https://schema.org", "@id" : "https://oldharboradvisors.com/#org", "@type" : [ "Organization", "ProfessionalService" ], "address" : { "@type" : "PostalAddress", "addressCountry" : "US", "addressLocality" : "Boston", "addressRegion" : "MA", "postalCode" : "02110", "streetAddress" : "176 Federal St, 6th Floor" }, "contactPoint" : { "@type" : "ContactPoint", "availableLanguage" : "English", "contactType" : "inquiries", "email" : "info@oldharboradvisors.com", "telephone" : "+1-617-237-0267", "url" : "https://oldharboradvisors.com/talk-to-us" }, "description" : "Old Harbor Advisors helps middle market business owners and their advisors understand how Employee Stock Ownership Plans (ESOPs) can help preserve business independence, deliver significant tax advantages, provide liquidity for owners, strengthen employee engagement, and support long-term business continuity and legacy.", "email" : "info@oldharboradvisors.com", "founder" : { "@id" : "https://oldharboradvisors.com/team#jack" }, "image" : "https://247514930.fs1.hubspotusercontent-na2.net/hubfs/247514930/oha-site/brand/oha-heritage-share-1200x630.jpg", "knowsAbout" : [ "Employee stock ownership plans (ESOPs)", "Employee ownership", "Business succession planning", "Ownership transition", "Management buyouts", "Family Business Succession" ], "legalName" : "Old Harbor Advisors LLC", "logo" : "https://247514930.fs1.hubspotusercontent-na2.net/hubfs/247514930/oha-site/brand/oha-heritage-icon-512.png", "makesOffer" : [ { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "We educate business owners and their advisors on the possibilities of employee ownership, including its potential benefits and costs, opportunities and pitfalls, and the risks and considerations involved in determining whether it aligns with their business, financial, and succession goals.", "name" : "Education" } }, { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "We help business owners and their advisors explore the flexibility of employee ownership, consider the options available, and assess how different approaches may support their succession, tax, and legacy goals.", "name" : "Exploration" } }, { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "We work with leading national ESOP advisory firms. If appropriate, we make an introduction and facilitate a free Feasibility Study by one of those firms.", "name" : "Feasibility" } }, { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "If ownership decides to move forward, we assist with navigating the process. No fees are paid until a successful transaction is completed.", "name" : "Navigation" } } ], "name" : "Old Harbor Advisors", "slogan" : "Educate • Explore • Prepare", "telephone" : "+1-617-237-0267", "url" : "https://oldharboradvisors.com/" } ``` ```json { "@context" : "https://schema.org", "@id" : "https://oldharboradvisors.com/#website", "@type" : "WebSite", "name" : "Old Harbor Advisors", "publisher" : { "@id" : "https://oldharboradvisors.com/#org" }, "url" : "https://oldharboradvisors.com/" } ``` ```json { "@context" : "https://schema.org", "@id" : "https://oldharboradvisors.com/an-open-letter-from-jack-old-harbor-advisors#breadcrumb", "@type" : "BreadcrumbList", "itemListElement" : [ { "@type" : "ListItem", "item" : "https://oldharboradvisors.com/", "name" : "Home", "position" : 1 }, { "@type" : "ListItem", "item" : "https://oldharboradvisors.com/an-open-letter-from-jack-old-harbor-advisors", "name" : "An Open Letter From Jack", "position" : 2 } ] } ``` ```json { "@context" : "https://schema.org", "@id" : "https://oldharboradvisors.com/an-open-letter-from-jack-old-harbor-advisors#webpage", "@type" : "WebPage", "about" : { "@id" : "https://oldharboradvisors.com/#org" }, "breadcrumb" : { "@id" : "https://oldharboradvisors.com/an-open-letter-from-jack-old-harbor-advisors#breadcrumb" }, "description" : "It’s an exciting time in the Employee Ownership world. My role is to get the word out. To demystify a complicated concept.", "inLanguage" : "en-US", "isPartOf" : { "@id" : "https://oldharboradvisors.com/#website" }, "name" : "An Open Letter From Jack | Old Harbor Advisors", "url" : "https://oldharboradvisors.com/an-open-letter-from-jack-old-harbor-advisors" } ```