CAIS Live Conversations, Building With Alts

David DeVoe, Founder and CEO of DeVoe & Company, has spent more than 25 years advising independent RIAs through some of the most significant decisions of their professional lives. He joins CAIS CMO Alex Cavalieri at CAIS Live | Leaders in Wealth to share his view on what's driving M&A activity for the independent advisor, and where he believes it’s heading.  

David also discusses why organic growth has become an important metric in firm valuation, what a real growth culture looks like from the inside out, and why he believes succession planning is about to re-emerge as the dominant force in deal activity. He shares his framework for evaluating cultural fit in M&A and the questions he believes every founder should be asking before they go to market.

Chapters
Chapter 1: The Structural Shift in RIA M&A (02:42)
Chapter 2: The Psychology of the Independent Founder (05:10)
Chapter 3: What a Firm Health Diagnostic Really Looks Like (08:11)
Chapter 4: Organic Growth as a Valuation Multiplier (08:59)
Chapter 5: Why the Industry Underinvests in Growth (10:40)
Chapter 6: Building a Comprehensive Integrated Growth Strategy (13:18)
Chapter 7: Starting With Purpose (16:57)
Chapter 8: Dynamic KPIs and the Long Game (21:46)
Chapter 9: Making Culture Tangible in M&A (29:59)
Chapter 10: Five to Seven Years of Activity Ahead (31:38)

Creators and Guests

Host
Alex Cavalieri
Head of Marketing, CAIS
Guest
David DeVoe
Founder and CEO of DeVoe & Company

What is CAIS Live Conversations, Building With Alts ?

CAIS Live Conversations: Building With Alts, tackles the often untapped potential of alternative investments by sitting down with the various players in the alts ecosystem. Listen in as we dive into alternative investments from the perspective of industry experts, RIA executives, IBD executives, alts manager leaders, and alts experts. Hear what other advisors are doing, learn about new technology, and join us as we turn investment complexities into real-life concepts that could potentially help diversify and drive growth in the independent space.