Dave DeVoe

Dave DeVoe, founder of DeVoe & Co., brings his expertise in advisory firm valuations and M&A to the discussion. He highlights the flaws in traditional revenue-based valuation methods, advocating for a more nuanced, cash flow-focused approach. The conversation explores the emotional complexities advisors face in partnership decisions and the importance of governance and succession planning. DeVoe also delves into the current duality of the market, revealing unique insights into financing strategies and the nuanced dynamics of mergers in the advisory space.