August 5, 2025 9:00 AM
Newmark announces that its Valuation & Advisory (V&A) practice has launched its Trusts & Estates specialty practice and appointed Philip Jones, CPA, ABV, ASA, CFE, as Senior Managing Director and Practice Leader. The new national service offering delivers comprehensive valuation services for estate and gift tax planning, succession strategies and trust disputes.
“Our Trusts & Estates practice reflects Newmark’s continued investment in offering best-in-class, specialized valuation services,” said Helene Jacobson, MAI, MRICS, Executive Managing Director and U.S. Practice Lead, Valuation & Advisory. “Under Philip’s guidance, we are delivering a sophisticated, integrated solution that simplifies estate and trust valuation work for professionals and their clients.”
The Trusts & Estates group offers a comprehensive, single-source solution for law firms, accounting professionals and financial advisors managing estate-related needs. With deep expertise in business valuation and fractional interest valuation, the team supports clients navigating complex estate and trust matters, including minority interest appraisals, IRS audit readiness and litigation support.
A seasoned valuation expert with more than 25 years of experience, Jones joins Newmark from an international real estate firm, where he co-developed the firm’s Trusts & Estates practice. Over the course of his career, he has valued more than a thousand business entities and testified in several high-stakes litigation matters. His expertise strengthens Newmark’s ability to serve high-net-worth individuals, family offices and advisors with precision and confidence.
“Newmark’s integrated platform and reach create an ideal foundation for building a best-in-class Trusts & Estates practice,” said Jones. “I am excited to join a firm that is committed to delivering seamless, high-quality and precise support for clients.”
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended June 30, 2025, Newmark generated revenues of over $2.9 billion. As of June 30, 2025, Newmark and its business partners together operated from 165 offices with over 8,400 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.