About Marissa Pepe

Marissa Pepe Turrell is a director in the Valuation, Forensic & Litigation Services practice group. She has over 17 years of experience providing business valuations, financial analyses, financial modeling and litigation support for private and public clients that span a variety of industries.

Ms. Turrell’s valuation skill includes appraising companies for gift and estate tax purposes, family law, shareholder disputes, succession planning, equity buy-in and redemptions, and mergers and acquisitions. She has performed various scenario analyses and financial modeling analyses, including for product pricing, supplier and vendor negotiations and exit scenarios for management strategic planning and operational needs.

Ms. Turrell rejoined the Firm in 2015 and was previously with Marcum and its predecessor firms from 2005 to 2013. Prior to rejoining Marcum, she was a director at a boutique valuation firm in Massachusetts.

Professional & Civic Affiliations

  • American Society of Appraisers (ASA) Business Valuation Webinar Committee, Chair
  • National Association of Certified Valuators and Analysts (NACVA)
  • Association of Certified Fraud Examiners
  • Connecticut Women’s Council

Seminars & Presentations

  • Business Valuation 101, American Society of Appraisers International Conference, co-presenter Carla Glass, FASA, CFA, Las Vegas, NV, October 2021
  • Discussion on Pass-Through Entity Premium: an intimate setting/interview Q&A, Marcum 2018 Valuation and Litigation Support CPE Conference, New Haven, CT, October 2018
  • Valuation Under the New Tax Provisions, Marcum 2018 Valuation and Litigation Support CPE Conference, New Haven, CT, October 2018
  • Working Capital for Business Valuations, Marcum 2016 Valuation and Litigation Support Conference, Ft. Lauderdale, FL, November, 2016
  • Working Capital as Part of the Cash Flow Forecast, Southeast Chapter of Business Appraisers 15th Annual Southeast Regional Conference, Atlanta, GA, 2014


  • Valuing a Business, 6th Edition: The Analysis and Appraisal of Closely Held Companies, Shannon P. Pratt, ASA Educational Foundation, April 2022, American Society of Appraisers, Chapter 31 Valuing Interests in >S Corporations and Other Pass-Through Entities, Contributing Author
  • Marcum 2021 Year-End Tax Guide, Contributor
  • Prioritizing Estate Plans: Proposed Tax Law Changes, October 2021
  • PPP Loans: Accounting Treatment vs. Valuation Treatment, Marcum Valuation & Litigation Advisor, co-author Patrice Radogna, ASA, CPA, ABAR, December 2020
  • Valuation of Construction Companies during the COVID-19 Pandemic, Marcum Construction Advisor, co-author Daniel McPadden, November 2020
  • Tax Affecting Privately Held Companies – It’s Not as Simple as Yes or No, Marcum Valuation & Litigation Advisor, co-author John M. DelGrego, CPA, ABV, ASA, April 2020
  • Consideration of Organizational Documents in Business Valuations, Marcum Valuation & Litigation Advisor, February 2020
  • Valuation of Construction Companies, Construction Accounting & Taxation, July/August 2019
  • The Impact of the 2017 Tax Cuts and Jobs Act on Business Valuation, American Bar Association – Family Advocate, co-author Mark Harrison, CPA, ABV, CFF, Esq., May 2019
  • TCJA Impact on Business Values, Marcum Valuation and Litigation Support Advisor, October 2018
  • Fair Value in Massachusetts Shareholder Actions, The Forensic Files, September 2016
  • Fair Value in Connecticut Shareholder Actions, The Forensic Files, September 2016

Practice Focus

Business Valuation
Estate and Gift Valuation
Litigation Support
Matrimonial Litigation
Shareholder Disputes

Industry Focus

Business Owners
Corporate Executives
High-Net-Worth Individuals


Master of Business Administration
Boston University

Master of Science, Information Systems
Boston University

Bachelor of Arts, Psychology
Cornell University

Curriculum Vitae


Accreditations & Designations

Accredited Senior Appraiser
Certified Valuation Analyst