Ernesto is a managing director in the Valuation Advisory Services practice in Madrid.

Ernesto has more than 20 years of experience as a financial professional. His responsibilities include managing valuation opinion and advisory projects in Spain, Portugal, Chile and Brazil.

Ernesto joined the Valuation Advisory Services group in Spain (Madrid) and has participated in the firm’s main financial valuation assignments. He has extensive experience in the valuation of business enterprises and capital stock, purchase price allocations for financial reporting and tax purposes, and the determination of fair value and fair market value for a wide variety of intangible assets and intellectual property (including trademarks, customer relationships, licenses, software, technology and other intangibles) in both pre- and post-transaction settings. He has performed engagements for a variety of purposes including mergers and acquisitions, impairment reviews and bankruptcies.

Ernesto has provided expert witness testimony for litigation involving damages and issues concerning the valuation of capital stock in Spain Court, and in the International Court of Arbitration of Paris. He has also lectured at a number of seminars and conferences on the subject of valuation practices.

Ernesto joined American Appraisal (now Duff & Phelps) in 1987. Since then, he has held various consulting and management positions with the firm, and has been in his current position since 2005.


  • Master of Business Administration (Instituto de Empresa, Madrid)
  • Madrid University: Bachelor of Science - Economics, Business Administration
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