When American Appraisal began business it effectively created the valuation profession. Today, more than 110 years later we continue to lead our profession through chairmanship or significant participation in many of our profession's governing bodies and associations. Our colleagues comprise an international community of valuation consultants and advisory specialists whose daily interaction ensures continual refinement of their professional capabilities. Their diverse educational and professional backgrounds combine to create an extremely broad perspective. We attempt to bring you this perspective on a regular basis through our publications.