Maria Thiel BDO Capital Advisors

Maria Thiel




Executive Summary

Ms. Thiel is a Director in the ESOP Advisory Services practice at BDO Capital Advisors. She has over 12 years of retirement plan consulting and ESOP advisory experience. Ms. Thiel provides sell-side advisory services to privately-held companies and owners considering a sale to an ESOP. She also oversees the plan design, IRS/ERISA compliance, benefit level analysis, and repurchase obligation planning for each of the team’s new ESOP formations.

Prior to joining BDO, Ms. Thiel spent several years managing the administration for ESOP-owned companies which included plan recordkeeping, compliance, and consulting services. Her experience also includes preparing feasibility studies, repurchase obligation modeling, and benefit level analysis for new and mature ESOPs. Over her career she has been involved in administrative reporting for hundreds of ESOP companies. This depth of experience allows Ms. Thiel to assist BDO clients in strategically designing new ESOP retirement programs to achieve the company’s goals, comply with IRS/ERISA regulations, and get ahead of the nuances and complexities that can arise after ESOP implementation.

Ms. Thiel’s career began in financial advising and retirement planning for individuals and families. Her experience also includes a short time providing audit and assurance services for privately held companies and employee benefit plans.

Professional Affiliations and Accreditations

Certified Public Accountant (TN)
General Securities Representative (Series 63 and 79)
Qualified Pension Administrator and Qualified 401(k) Administrator (ASPPA)
ESOP Association (Advisory Committee on Administration)
National Center for Employee Ownership
American Institute of Certified Public Accountants
Tennessee Society of Certified Public Accountants


Master of Accountancy, Belmont University
B.S., Personal Financial, University of Wisconsin-Madison