Mark Higgins' Background Provides Lanterman Board with Combination of Professional Business Experience and Parent's Perspective
With the challenging economic times facing state-funded organizations, Lanterman is fortunate to have Mark Higgins as a new board member.
Higgins is the president of Higgins, Marcus and Lovett, Inc., a business valuation firm based in Los Angeles. The firm conducts valuation studies of both publicly and privately held businesses for a variety of purposes, including merger and acquisition, eminent domain, federal estate and gift taxes, income taxes, financial reporting, employee stock ownership plans, and litigation support.
Higgins has worked extensively with business owners and financial, legal and accounting professionals, advising them on matters related to business valuation and treasury management. He has advised a wide range of businesses, from the Fortune 500 to the middle market. He has been qualified in various superior courts and in U.S. Tax Court as an expert witness in valuation matters.
A graduate of the University of Southern California, Higgins obtained a Bachelor of Science in Finance and Business Economics, followed by a Master of Business Administration. Prior to joining Higgins, Marcus and Lovett in 1994, Higgins worked in various management positions at Bank of America and Wells Fargo in their commercial and merchant banking areas.
Higgins says, “I have two children receiving services from Lanterman and part of what I hope to offer the board is the combination of a parent's perspective with my background in business and experience serving on other boards.”
A member of the American Society of Appraisers since 1995, Higgins is a past member of the Los
Angeles Chapter's governing board, as well as past chairman of the chapter's Business Valuation Committee. He is also a charter member of the Family Business Roundtable, which was formed in 2003. Higgins has been a speaker at regional and national conferences on subjects related to appraisal, financial management and banking, and is a frequent guest lecturer at the University of
Active with a number of community organizations, Higgins has been a member of the Rotary Club of Los Angeles since 1995, where he served as a director and committee chair. He also served as a director from 1998 to 2007 at the Florence Crittenton Center, serving a number of terms as treasurer and secretary. He is a past president and former treasurer of the Jonathan Club, where he has been a member since 1986. Higgins is also a founding member of the Dean's Advisory Board at UCLA related to continuing education and UCLA Extension, and is a past member of the Executive Board of the District Advisory Committee for the Glendale Unified School District.
“The Center provides a valuable service to the community and I'm pleased to have been invited to be a part of the board,” shares Higgins. “Given my financial background, I'm looking forward to serving on the Center's Administrative Affairs Committee, as it's a natural place for me to focus my efforts. In light of the twin challenges of rising demand for services and the State's budget crisis, I hope to add value to this important aspect of the Center's operations.”
Higgins lives in Glendale with his wife and their two sons, who are 10 and 15. In his spare time he enjoys hiking and photography.