Podcast appearances and mentions of david devoe

The DealQuest Podcast remastering series continues as I take it all the way back to not only the very first podcast guest, David DeVoe, but the very first episode ever — and there's no better topic than wealth management. The wealth management industry has seen significant growth and evolution over the years, with a focus on consulting, investment banking, and valuation becoming key areas of expertise. Founder of DeVoe & Co, David DeVoe, is no stranger to this growth and expansion. With over 35 years of experience in supporting deal-driven growth for businesses, David has more than proven that he's not only a veteran of the industry, but a leading expert on all these areas of growth. Consulting in Wealth ManagementConsulting plays a crucial role in the wealth management industry, providing strategic guidance and support to wealth managers in making important decisions. Wealth management consulting firms offer a range of services, including succession planning, governance, equity migration, incentive compensation plans, HR, and product development and segmentation. These services are designed to help wealth managers make informed decisions that align with their long-term business goals and objectives. One of the key benefits of consulting in wealth management is the ability to provide tailored solutions to address the unique challenges and opportunities faced by wealth managers. By leveraging the expertise of consulting firms, wealth managers can gain valuable insights and recommendations that can help them navigate complex business decisions and drive sustainable growth. Investment Banking in Wealth ManagementInvestment banking is another critical area in the wealth management sector, focusing on facilitating mergers, acquisitions, and strategic transactions for wealth management firms. Investment banking firms in the wealth management industry play a pivotal role in helping firms buy, sell, or merge, providing valuable support in negotiating deals and identifying potential acquirers or sellers. In addition to facilitating transactions, investment banking firms also offer strategic guidance and support to wealth managers, helping them navigate the complexities of the deal-making process. This includes evaluating the financial aspects of the transaction, conducting due diligence, and structuring deals to maximize value for all parties involved. Valuation in Wealth ManagementValuation is an essential component of wealth management, providing a comprehensive assessment of the economic value of a firm. Valuation firms in the wealth management industry utilize sophisticated models, such as discounted cash flow analysis, to determine the fair market value of a wealth management firm. This process involves analyzing the financial performance, assets, and future cash flows of the firm to arrive at a defensible valuation. The role of valuation in wealth management extends beyond determining the value of a firm for potential transactions. It also helps wealth managers gain a deeper understanding of their firm's financial health, identify areas for improvement, and make informed decisions regarding growth and expansion strategies. By leveraging valuation services, wealth managers can gain valuable insights into the true value. • • • For my full discussion with David DeVoe, and more on this topic and topics not featured on this blog post:Listen to the Full DealQuest Podcast Episode Here• • • FOR MORE ON DAVID DEVOE:https://www.linkedin.com/in/david-devoe-665375/https://www.devoeandcompany.com/david-devoe-bio Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast. Get deal-ready with the DealQuest Podcast with Corey Kupfer, where like-minded entrepreneurs and business leaders converge, share insights and challenges, and success stories. Equip yourself with the tools, resources, and support necessary to navigate the complex yet rewarding world of dealmaking. Dive into the world of deal-driven growth today!

David DeVoe, founder of DeVoe & Co., appropriately nicknamed the "RIA M&A Guru," has spent 15 years helping advisors buy, sell, and merge their firms. With so much to consider in a deal, how are advisors avoiding analysis paralysis when preparing for a transition? Hear from the expert on why you should get purposeful and have a succession plan in place today, what might affect a firm's value in the current landscape, and how to retain your talent and culture, all while continuing to grow.

RIA merger and acquisition activity has slowed this year. Activity in Q4 accelerated but it may not be enough to eclipse the annual total of 264 in 2022. I'll get into the details as well as what's beneath the numbers with David DeVoe in this podcast. I have had the privilege of interviewing David every year around this time, and this is the fourth in that series.Episode Resources:Here is a link to DeVoe & Co.'s web site- https://www.devoeandcompany.com/ Here is a link to last year's podcast- https://www.advisorperspectives.com/podcasts/2023/01/19/m-a-valuations-and-the-landscape-for-2023Here is a link to DeVoe & Co.'s dealbook- https://www.devoeandcompany.com/ria-ma-deal-booksHere is a link to the DeVoe Elevate conference- https://www.devoeandcompany.com/elevate Equities are the building blocks of any successful portfolio. Advisors must understand the best way to wield equities if they want to succeed. Join VettaFi and other industry-leading experts on Wednesday, MARCH 13 for their “Equity Symposium!” Register for Free at etftrends.com/webcasts/equities-symposium-2024

This episode kicks off with tax management guru Ed Slott giving advisers some solid year-end tax strategies to employ, regardless of where the Biden tax hikes end up. For his second guest, Jeff talks with David DeVoe about the pace of record-setting consolidation in the wealth management space. How long can it last, and how much is your advisory firm worth?

On Allworth's SOI podcast, “Confronting the emotion of selling your practice,” host and Allworth Co-Founder Scott Hanson welcomes David DeVoe, CEO of DeVoe & Company, to discuss their new collaborative white paper, “The Heart of the Deal,” an examination of the emotion behind selling one's life work.

RIA merger and acquisition activity had yet another record year, although the year-over-year increase was less steep than prior years. There were 264 transactions in 2022. M&A activity was nearly 10% higher than last year's 241 transactions. But 2022 ended with a slower fourth quarter, 20% below last year's blockbuster Q4 total. We'll get into the details beneath the numbers with David DeVoe in this podcast. I have had the privilege of interviewing David every year around this time, and this is the third in that series. - Here is a link to DeVoe & Co.'s web site. Here is a link to last year's podcast. Join us for Exchange: An ETF Experience February 5th - February 8th. Register now and receive $50 off your ticket price with promo code PODCAST. Introducing AP Premium! Download and brand thousands of articles, summaries & commentaries in minutes. Unlock Premium today and receive $10 off your first monthly or annual payment with promo code PODCAST2022.

David DeVoe is CEO and Founder of  DeVoe & Company, an investment bank and  consulting firm. He has over 20 years of experience in the business strategy and banking world and is passionate about helping entrepreneurs make the most of their business - life decisions."It's not like putting a deck on the back of the house or something. So, yeah, it's a fascinating space, and it's pretty dynamic these days...It's perhaps the biggest...business - life decision they'll ever make."David shared his experience of starting a clothing company in college and his journey to creating DeVoe and Company. He discussed how business owners going through a merger or acquisition must be prepared for the emotional rollercoaster of such a life decision, and how it is important to understand one's goals, fears, and aspirations. He also highlighted the importance of understanding the cultural fit of any potential partner or buyer.In this episode, you will learn the following:1. How he accidentally found himself owning a retail business2. How business owners cope with the emotional journey of transitioning their business3. What questions business owners should ask to help ensure a cultural fit when considering a merger or acquisitionLoved this episode? Leave us a review and rating here:https://podcasts.apple.com/us/podcast/framework-with-jamie-hopkins-ana-trujillo-lim%C3%B3n/id1509592303

In this episode, you'll hear about: Year-end tax management.Booming RIA M&A activity.What's going on with mergers and acquisitions of advisory firms.How consolidation in the wealth management space is affecting your advisory firm.Related article: https://www.investmentnews.com/bidens-tough-tax-talk-fuels-record-ma-activity-214574Guest Bio:Ed Slott is a nationally recognized IRA distribution expert, professional speaker, television personality and best-selling author. He is known for his ability to turn advanced tax strategies into understandable, actionable and entertaining advice.He is the president and founder of Ed Slott and Company, a leading source of IRA expertise and analysis to financial advisers, institutions and consumers.David DeVoe is founder and CEO of DeVoe & Company. As a thought leader on RIA practice management for over 17 years, David has been named "RIA M&A Guru" by Barron's. He launched Schwab Advisor Services, which he led for eight years. David was previously in the Strategic Planning Group at American Express.

Sponsored by: LPL Across the board, many companies struggle with succession planning—some of this fear comes from human capital, and others come from misunderstanding of new trends in the industry.  In this episode, David Armstrong, editor-in-chief of WealthMangement.com, speaks to David DeVoe, founder and CEO of DeVoe & Company to discuss his insight about mergers … Continue reading 4. Trends in RIA M&A with David DeVoe →

After a couple of months of slowdown, Mergers & Acquisitions (“M&A”) are happening at record levels across the industry. As financial advisors think about ways to grow their business, they may want to consider M&A as one way to achieve benefits of scale, new levels of efficiency within their business, and unlock access to the … Continue reading Episode 21 – What Financial Advisors Should Know About Mergers & Acquisitions Today – with Barrett Ayers, Stan Gregor and David DeVoe →

David DeVoe founded DeVoe & Company in 2011, and has been named ‘RIA M&A Guru' by Barron's. He shares RIA M&A trends, notes on Covid-19, and thoughts on succession and human capital. Listen in today as we cover -- Early Deals (And Missed Opportunities) M&A Industry Growth + Projections M&A Engagement Trends + Covid 19 Next Generation Talent & Succession Human Capital & Thoughts on the Future Listen to the DealQuest podcast today! Website: https://www.coreykupfer.com/ LinkedIn: https://www.linkedin.com/in/coreykupfer/ Facebook: https://www.facebook.com/CoreyKupfer Twitter: https://twitter.com/coreykupfer

David DeVoe founded DeVoe & Company in 2011, and has been named ‘RIA M&A Guru’ by Barron’s. He shares RIA M&A trends, notes on Covid-19, and thoughts on succession and human capital. Listen in today as we cover --Early Deals (And Missed Opportunities)M&A Industry Growth + ProjectionsM&A Engagement Trends + Covid 19Next Generation Talent & SuccessionHuman Capital & Thoughts on the FutureListen to the DealQuest podcast today!Website: https://www.coreykupfer.com/LinkedIn: https://www.linkedin.com/in/coreykupfer/Facebook: https://www.facebook.com/CoreyKupferTwitter: https://twitter.com/coreykupfer See acast.com/privacy for privacy and opt-out information.

Guests: Michael Goodman, CPA/PFS In this encore* episode, Michael Goodman, CPA/PFS interview generation 2 (G2) members, Chris Benson and Eric Hehman, about succession planning for personal financial planners, including: The business models and background of each’s succession planning experience How the succession planning process was initiated and what happened next Balancing formal and informal elements of the succession plan development Discussion of the timeline and shift in roles and responsibilities during transition The importance of open and honest communication with the G1 successee How succession fits with your life plan Lessons learned and actionable takeaways, including what G1 can do to strengthen the partnership with G2 during the transition process *This episode originally appeared on www.aicpa.org/pfp in August 2017. The nature of this content is still accurate and relevant and we hope you enjoy this series. Access the related resources from this podcast: Practice management resources from the AICPA PFP Section Demonstrate your competency in personal financial planning with the CPA/PFS credential or the PFP certificate program. Don’t miss other succession planning podcasts! Succession planning: Q&A with David DeVoe Success tips from Generation 1 Success tips from Generation 2 The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don’t miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

RIAs should begin the selling process by visualizing their ideal situation, investment banker and consultant David DeVoe says in an episode of Financial Planning's In|Vest Podcast. 

Guest: Michael Goodman, CPA/PFS In this encore* episode, Michael Goodman, CPA/PFS interview generation 1 (G1) members– Lyle Benson, Beth Gamel, and Steve Levey^– about succession planning for personal financial planners, including: The business models and background of each’s succession planning experience The genesis of the succession plan vision How advisors can overcome obstacles, like fear, in order to take the first steps toward succession planning   The importance of succession planning to address the unexpected How each approached anticipated challenges and, in hindsight, what unanticipated challenges were surprising Advice for practitioners who want to move forward in the succession planning process *This episode originally appeared on www.aicpa.org/pfp in August 2017. The nature of this content is still accurate and relevant and we hope you enjoy this series. ^ Steve Levey has since passed away; yet, his legacy has impacted and benefited so many in our PFP Section community and are grateful for his contribution. Access the related resources from this podcast: Practice management resources from the AICPA PFP Section Demonstrate your competency in personal financial planning with the CPA/PFS credential or the PFP certificate program. Don’t miss other succession planning podcasts! Succession planning: Q&A with David DeVoe Success tips from Generation 1 Success tips from Generation 2 ^ Steve Levey has since passed away; yet, his legacy has impacted and benefited so many in our PFP Section community and are grateful for his contribution. The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don’t miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guests: David DeVoe & Michael Goodman, CPA/PFS In this encore* episode, Michael Goodman, CPA/PFS interviews expert, David DeVoe, Founder and Managing Director, DeVoe & Company, about succession planning for personal financial planners, including: How David’s practitioner perspective and his entrepreneurship led him to become an expert in succession planning for financial planners How succession planning has evolved and why industry demographics make it critically important The primary reasons why adoption of formal succession plans remains low The first steps to take toward creating a succession plan Creating a succession plan that aligns with the goals and objectives of your life plan What you need to know when the CPA firm is affiliated with an RIA firm The different approaches for internal succession versus external succession options The benefits of working with a succession planning firm *This episode originally appeared on www.aicpa.org/pfp in August 2017. The nature of this content is still accurate and relevant and we hope you enjoy this series. Access the related resources from this podcast: www.devoeandcompany.com Practice management resources from the AICPA PFP Section Demonstrate your competency in personal financial planning with the CPA/PFS credential or the PFP certificate program. Don’t miss other succession planning podcasts coming soon!! ^ Steve Levey has since passed away; yet, his legacy has impacted and benefited so many in our PFP Section community and are grateful for his contribution. The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits. Don’t miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device

Failing is a great way to improve ourselves. We mostly learn from the mistakes we experience, but when it’s possible, it’s important to take notice of other people’s errors and try not to repeat them, so that we have less to experience on our own. In today’s episode, Brett and Dave share their biggest failures and what they’ve learned through the years. They also talk about EXP’s mentoring program that helps young agents find out what their weak spots are and become better at doing business. Brett Sikora launched Sikora Group in 2016, with the main goal of making sure that every client and team member is getting the white-glove service they need to make the process of buying or selling real estate as smooth as possible. He got his real estate license in 2007 and started selling real estate after he worked at a car dealership and wanted to pursue a career in sales on a bigger scale. David DeVoe is the CEO and founder of the DeVoe Group, a company that provides the best service possible to handle the real estate needs from start to finish. Prior to being in the real estate business, he worked in the mortgage industry for 10 years.So, listen to Episode 29 of Deposit That, to learn from their failures and deposit those into your memory bank, so that when you’re in a similar situation, you’ll have a better chance of not repeating the history. Questions I ask:Why EXP? (23:30)Do you think the industry is shifting, like, the people with experience and people without experience are actually willing to hire someone like yourself, to get coaching or get advisory or get some mentorship that they’re willing to pay for, other than the revenue share split for being on the team? (28:48)Why are people - specifically in real estate - so against the facts or the proof in the pudding of reality? (32:57)What do you recommend for the person that's listening and they’re like, "I really want to leave my full-time job. I want to become a successful real estate agent." How should that transition look like and at what point should they really just decide, commit, and go all-in on being a licensed real estate salesperson? (37:08)In this episode, you will learn:Jeff’s biggest failure. (01:08)Brett’s scariest real estate investment, and his definition of failure. (05:09)The trap than many people fall into – Dave included - thinking that all the money they make is theirs. (09:37)The importance of investing in an advisor that will help you set your budget right, especially if you’re young and inexperienced. (12:03)The benefits of EXP’s mentoring program. (43:00)Connect with Brett and Dave:Elevatedominate.comEXP Realty websiteThe DeVoe Group websiteSikora Group websiteDave’s LinkedIn profileBrett’s LinkedIn profile See acast.com/privacy for privacy and opt-out information.

One of the most important things to take into account in every industry - and the real estate world makes no exception - is yourself. It’s so important to always do what you set yourself up to, and respect your time.On today’s episode, Brett and Dave share their vast experience with real estate and what got them to where they are now. They run The DeVoe Group and The Sikora Group through eXp Realty - a virtual cloud-based brokerage that is changing the way real estate is done.Brett Sikora launched Sikora Group in 2016, with the main goal of making sure that every client and team member is getting the white-glove service they need to make the process of buying or selling real estate as smooth as possible. He got his real estate license in 2007 and started selling real estate after he worked at a car dealership and wanted to pursue a career in sales on a bigger scale.David DeVoe is the CEO and founder of the DeVoe Group, a company that provides the best service possible to handle the real estate needs from start to finish. Prior to being in the real estate business, he worked in the mortgage industry for 10 years.So, listen to Episode 28 of Deposit That, to learn what are the most important elements to be successful in business.Questions I ask:I want to hear what got you guys into the business and what year did you get started? (00:50)How do you balance that percentage of focusing on what works versus still being imaginary? (09:52)Talk about a little bit about your growth, personally and professionally, while being at the eXp and the numbers that you've produced, and the team that you've built out over the last 12 to 18 months. (21:39)How much value do you weigh on somebody saying, "Just buy and hold, buy and hold, buy and hold, don't fix and flip at the top of this market here"? (33:08)What do you guys recommend for people to do to set themselves up for success, not only for this year but for the next decade? (36:06)In this episode, you will learn:How the market is going to change in the next decade. (05:36)About Brett’s and Dave’s shift from Keller Williams to eXp Realty. (16:00)The trends and the opportunities in the New Jersey real estate market. (28:02)Brett’s and Dave’s Deposit That Advice. (40:20)Connect with Dave:WebsiteLinkedInConnect with Brett:WebsiteLinkedIn See acast.com/privacy for privacy and opt-out information.

Merger and acquisition (M&A) activity in the wealth management profession has reached record levels this year, highlighted by mega-deals such as the acquisition of United Capital by Goldman Sachs. Indeed, the total AUM of deals more than doubled since 2018, according to some reports. My guest today is David DeVoe, who will help us understand what is behind that trend, whether it will continue and what advisors should consider if they want to position themselves for a sale.

Corey Kupfer has been working in the business of negotiations for more than 30 years, both as a successful entrepreneur and as an attorney. His goal is to help you strategize, plan for, find, and complete deals that will help your company grow rapidly. This is called “inorganic growth”, and it differs from the traditionally slow, organic growth many are familiar with. In this solo episode of Fueling Deals, Corey discusses the importance of maintaining alignment with your character and values, not only within the scope of doing deals but in all aspects of your business and life. In part two of this special two-part series covering the events and speakers of the two-day DeVoe M&A+ Succession Summit that took place on May 30-31, 2019 at The Harvard Club in New York, Corey Kupfer details the wealth of information shared by luminaries of the RIA industry. Listen to learn what's currently on the minds of Dave Barton from Mercer Advisors, Elliot Weissbluth of HighTower, Matt Cooper of Beacon Pointe Wealth Advisors, Marty Bicknell of Mariner Wealth Advisors, David DeVoe and Tim Kochis of DeVoe & Company, and many other fascinating industry thought leaders as Corey Kupfer recaps day two of the summit! What you'll learn about in this episode: Dave Barton from Mercer Advisors discussed why firms need to offer something beyond investment advice and financial planning to better distinguish themselves How Mercer has done 21 deals in three years, and why most of these deals were growth-related rather than exit or succession Why client attrition rates are a valuable metric and a major indicator of underlying problems within the firm David DeVoe shared common blind spots that can disrupt or destroy your firm, including the failure to plan for equity sales by the senior partners Why there are four key economic factors to plan for: valuation, economic deal structure, exit timeline, and the buying power of the next generation Elliot Weissbluth of HighTower shared why there is a need for an institute to train firm successors Matt Cooper from Beacon Pointe Wealth Advisors discusses red flags in due diligence that should cause you to walk away, and he expressed concerns over the results of a future market downturn Marty Bicknell at Mariner Wealth Advisors shared why it is critical to decide what your non-negotiables are and why clarity is vital for understanding the value or cost of a deal Tim Kochis, Special Advisor to DeVoe & Company, discussed why he believes in vesting people in equity, and he shared his feelings toward synthetic equity Additional resources: Website: www.fuelingdeals.com

Corey Kupfer has been working in the business of negotiations for more than 30 years, both as a successful entrepreneur and as an attorney. His goal is to help you strategize, plan for, find, and complete deals that will help your company grow rapidly. This is called “inorganic growth”, and it differs from the traditionally slow, organic growth many are familiar with. In this solo episode of Fueling Deals, Corey discusses the importance of maintaining alignment with your character and values, not only within the scope of doing deals but in all aspects of your business and life.In part two of this special two-part series covering the events and speakers of the two-day DeVoe M&A+ Succession Summit that took place on May 30-31, 2019 at The Harvard Club in New York, Corey Kupfer details the wealth of information shared by luminaries of the RIA industry. Listen to learn what’s currently on the minds of Dave Barton from Mercer Advisors, Elliot Weissbluth of HighTower, Matt Cooper of Beacon Pointe Wealth Advisors, Marty Bicknell of Mariner Wealth Advisors, David DeVoe and Tim Kochis of DeVoe & Company, and many other fascinating industry thought leaders as Corey Kupfer recaps day two of the summit!What you’ll learn about in this episode:Dave Barton from Mercer Advisors discussed why firms need to offer something beyond investment advice and financial planning to better distinguish themselvesHow Mercer has done 21 deals in three years, and why most of these deals were growth-related rather than exit or successionWhy client attrition rates are a valuable metric and a major indicator of underlying problems within the firmDavid DeVoe shared common blind spots that can disrupt or destroy your firm, including the failure to plan for equity sales by the senior partnersWhy there are four key economic factors to plan for: valuation, economic deal structure, exit timeline, and the buying power of the next generationElliot Weissbluth of HighTower shared why there is a need for an institute to train firm successorsMatt Cooper from Beacon Pointe Wealth Advisors discusses red flags in due diligence that should cause you to walk away, and he expressed concerns over the results of a future market downturnMarty Bicknell at Mariner Wealth Advisors shared why it is critical to decide what your non-negotiables are and why clarity is vital for understanding the value or cost of a dealTim Kochis, Special Advisor to DeVoe & Company, discussed why he believes in vesting people in equity, and he shared his feelings toward synthetic equityAdditional resources:Website: www.fuelingdeals.com See acast.com/privacy for privacy and opt-out information.

Corey Kupfer has been working in the business of negotiations for more than 30 years, both as a successful entrepreneur and as an attorney. His goal is to help you strategize, plan for, find, and complete deals that will help your company grow rapidly. This is called “inorganic growth”, and it differs from the traditionally slow, organic growth many are familiar with. In this solo episode of Fueling Deals, Corey discusses the importance of maintaining alignment with your character and values, not only within the scope of doing deals but in all aspects of your business and life. In part one of this special two-part series covering the events and speakers of the two-day DeVoe M&A+ Succession Summit that took place on May 30-31, 2019 at The Harvard Club in New York, Corey Kupfer details the wealth of information shared by luminaries of the RIA industry. Listen to learn what's currently on the minds of Ed Swenson from Dynasty Financial Partners, Rudy Adolf of Focus Financial Partners, Mark Tibergien of BYN Mellon Pershing, David DeVoe of DeVoe & Company, and many other fascinating industry thought leaders as Corey Kupfer recaps day one of the summit! What you'll learn about in this episode: Why the trend is increasingly leaning toward growth deals, rather than deals relating to succession Why David DeVoe believes that "mega firms" will begin to appear in the landscape, and why marketing technology is an emerging trend Why firms with greater overall organic growth are also seeing a higher rate of growth via mergers and acquisitions Why DeVoe & Company weighs discounted cash flow as 85% of their valuation methodology, and why they adjust for situational factors Corey outlines a panel that featured a number of financing sources, and he discusses each of the featured members of the panel Why the marketplace is evolving to support more funding options, and why owner financing for internal successions is less necessary today Ed Swenson of Dynasty Financial Partners announced a new platform called Dynasty Connect to deliver expertise in valuation, M&A readiness, and more features Corey discusses a fireside chat between Rudy Adolf and David DeVoe, where Rudy discussed Focus Financial's commitment to never turn entrepreneurs into employees Mark Tibergien of BYN Mellon Pershing discussed why growth is a major cause of bankruptcy, why the cost of people is a major impact on profitability, and other points around the benefits of growth Why growth is one method firms use to provide a path for their top talent when the owners aren't ready to retire Why growth as a long-term strategy makes sense, but why growth for the sake of growth is evil Additional resources: Website: www.fuelingdeals.com

Corey Kupfer has been working in the business of negotiations for more than 30 years, both as a successful entrepreneur and as an attorney. His goal is to help you strategize, plan for, find, and complete deals that will help your company grow rapidly. This is called “inorganic growth”, and it differs from the traditionally slow, organic growth many are familiar with. In this solo episode of Fueling Deals, Corey discusses the importance of maintaining alignment with your character and values, not only within the scope of doing deals but in all aspects of your business and life.In part one of this special two-part series covering the events and speakers of the two-day DeVoe M&A+ Succession Summit that took place on May 30-31, 2019 at The Harvard Club in New York, Corey Kupfer details the wealth of information shared by luminaries of the RIA industry. Listen to learn what’s currently on the minds of Ed Swenson from Dynasty Financial Partners, Rudy Adolf of Focus Financial Partners, Mark Tibergien of BYN Mellon Pershing, David DeVoe of DeVoe & Company, and many other fascinating industry thought leaders as Corey Kupfer recaps day one of the summit!What you’ll learn about in this episode:Why the trend is increasingly leaning toward growth deals, rather than deals relating to successionWhy David DeVoe believes that "mega firms" will begin to appear in the landscape, and why marketing technology is an emerging trendWhy firms with greater overall organic growth are also seeing a higher rate of growth via mergers and acquisitionsWhy DeVoe & Company weighs discounted cash flow as 85% of their valuation methodology, and why they adjust for situational factorsCorey outlines a panel that featured a number of financing sources, and he discusses each of the featured members of the panelWhy the marketplace is evolving to support more funding options, and why owner financing for internal successions is less necessary todayEd Swenson of Dynasty Financial Partners announced a new platform called Dynasty Connect to deliver expertise in valuation, M&A readiness, and more featuresCorey discusses a fireside chat between Rudy Adolf and David DeVoe, where Rudy discussed Focus Financial's commitment to never turn entrepreneurs into employeesMark Tibergien of BYN Mellon Pershing discussed why growth is a major cause of bankruptcy, why the cost of people is a major impact on profitability, and other points around the benefits of growthWhy growth is one method firms use to provide a path for their top talent when the owners aren't ready to retireWhy growth as a long-term strategy makes sense, but why growth for the sake of growth is evilAdditional resources:Website: www.fuelingdeals.com See acast.com/privacy for privacy and opt-out information.

Mike Wall talks with New Jersey's top Real Estate Agent and why he just recently made the move over to eXp Realty. 

David DeVoe is the managing partner of DeVoe & Company, a consulting firm founded in 2011 to help wealth management companies optimize their businesses. Since its launch, DeVoe & Company has helped to support hundreds of firms through valuations, consulting work, merger and acquisition guidance, and investment banking engagements. What You Will Learn: David shares how entered the business world when he “accidentally” founded a clothing company selling surfer clothes during his senior year at UC Berkeley, selling his products in several surf shops and three Nordstrom locations. David discusses the important lessons he learned when his second business venture failed dramatically, and he explains why he learned more from his failure than from his previous success. Learn how David's current work applies the deep experience he and his team have developed to their clients' problems, and what sort of work they do to help guide organizations through mergers and acquisitions, tuck-in deals, succession deals and more. David explains the importance of considering your end client experience when deciding whether or not to do a acquire or merge with another organization. Learn how to evaluate a firm and decide whether it is a good fit for your organization, whether it will benefit you to acquire them, how to value them and what to watch out for before you sign. David discusses the major trends he is seeing in the business world, including the record amount of merger and acquisition transactions that have been taking place. David also explains why these numbers are still lower than he would expect. Resources: Website: www.devoeandcompany.com Email: daviddevoe@devoe-co.com LinkedIn: www.linkedin.com/in/david-devoe-665375 Twitter: @DavidDeVoe1

David DeVoe is the managing partner of DeVoe & Company, a consulting firm founded in 2011 to help wealth management companies optimize their businesses. Since its launch, DeVoe & Company has helped to support hundreds of firms through valuations, consulting work, merger and acquisition guidance, and investment banking engagements.What You Will Learn:David shares how entered the business world when he “accidentally” founded a clothing company selling surfer clothes during his senior year at UC Berkeley, selling his products in several surf shops and three Nordstrom locations.David discusses the important lessons he learned when his second business venture failed dramatically, and he explains why he learned more from his failure than from his previous success.Learn how David’s current work applies the deep experience he and his team have developed to their clients’ problems, and what sort of work they do to help guide organizations through mergers and acquisitions, tuck-in deals, succession deals and more.David explains the importance of considering your end client experience when deciding whether or not to do a acquire or merge with another organization.Learn how to evaluate a firm and decide whether it is a good fit for your organization, whether it will benefit you to acquire them, how to value them and what to watch out for before you sign.David discusses the major trends he is seeing in the business world, including the record amount of merger and acquisition transactions that have been taking place. David also explains why these numbers are still lower than he would expect.Resources:Website: www.devoeandcompany.comEmail: daviddevoe@devoe-co.comLinkedIn: www.linkedin.com/in/david-devoe-665375Twitter: @DavidDeVoe1 See acast.com/privacy for privacy and opt-out information.

This week’s REal Success features rockstar agent David Devoe who serves the Hoboken, NJ area. Bill Pipes has a great conversation with David and how he has grown his business from just a few sales per year to a goal over 500 transactions in 2017! In this episode of REal Success you will learn: -Why grit is a key ingredient for growth -The importance of failure and how to use it your advantage -How to use mindset-breaks to keep focused David presents a ton of great information in this episode, and be sure to visit the link below to see his book recommendations. Learn more: http://bit.ly/2jRfIPe ------------ I hope you got some helpful tips and new ideas from this podcast. To ensure you don't miss all my FREE training all you have to do is sign up here with your email bit.ly/TF-VideoTraining ------------ Connect with Tom on his other social channels: Facebook - facebook.com/TomFerry Twitter - twitter.com/TomFerry YouTube - youtube.com/RealEstateTrainingTF Instagram - instagram.com/TomFerry