Our Research, Publications, and Articles
Learn more about our business philosophy and use of best practices from articles and white papers authored by DeVoe & Company principals. Our Press Announcements can be found here.
2024 talent management report
investing in your team is the foundation of your firm’s success
This year’s study explores the most pressing human capital challenges and opportunities for RIAs, including the significant drop in succession planning, NextGen readiness pressures, and evolving strategies for recruitment and retention.
Key survey findings include:
Only 42% of firms have written succession plans, a record low since tracking began in 2019.
NextGen readiness remains a concern with 1 in 3 firms admitting leadership transitions would be “bumpy” at best.
Retention wins with 84% of firms reporting low or no undesired attrition – the best rates in years.
In addition to uncovering important trends and challenges with the RIA space, the report introduces best practices to help firms improve engagement and retention. Discussion topics include the importance of becoming an employer of choice, hiring proactively, and the power of a well-constructed compensation plan. Download your copy here.
Talent Management Report: Prior Issues
2022 Report: Culture and Engagement in a Post-Covid World
2021 Report: Covid's Impact and the Road Ahead
2020 Report: It’s Time for a Human Capital Revolution
the 2023 RIA M&A Outlook
Advisors Optimistic about M&A
as Succession Crisis Looms
DeVoe & Company has developed our sixth annual M&A Outlook Report which explores advisors’ perspectives on trends in M&A, including current motivations and barriers involved with acquiring or selling.
After a decade of unbridled acceleration, the volume of RIA mergers and acquisitions dropped in 2023. This decline occurred despite valuations for RIA increasing; multiples remained high while a strong stock market provided a boost to RIA AUM, revenues, and profitability.
But what does 2024 hold for the advisory community? Download your copy here.
M&A Outlook Report: Prior Issues
The Heart of the Deal:
Understanding and Uncovering the Emotional Barriers
of Selling Your RIA
Developed in collaboration with Allworth Financial, The Heart of the Deal report focuses on a critical, but often ignored area: The emotions related to selling an RIA.
Owners considering selling their firm will benefit from key insights, such as:
How a seller's fears and aspirations can undermine a great partnership - or be a seller's North Star.
How to manage fears and emotions that relate to three important constituents: clients, staff and owners.
How the emotional journey of a founder is unique and needs to be managed alongside a larger life change.
This white paper has been selected as a 2024 WealthManagement.com “Wealthies” Finalist!
How First-time Acquirers
Can Gain an Edge
DeVoe & Company collaborated with BNY Mellon | Pershing on a paper to help RIA explore if they are ready to become an acquirer. There is room in the marketplace for new entrants but having the right plan and resources will make the difference. Whitepaper available through Pershing.
Articles
Journal of Financial Planning - February 2023
Navigating the Emotional Journey When Selling Your RIA
Financial Planning Magazine Op-Ed - March 2023
The banking crisis is an opportunity for RIAs
Wealth Management Magazine - 2022 MidYear Outlook
RIA Growth and the Wizard of Oz
WealthManagement Magazine - 2022 Outlook
The Accelerating Mail Truck: An RIA Owner’s Dilemma
Wealth Management Magazine - 2021 MidYear Outlook
Three Trends to Shape 2021 and Beyond
WealthManagement Magazine - 2021 Outlook
The Rise of the META-Firm
WealthManagement Magazine - 2020 Mid Year Outlook
COVID-19 and The Perfect Storm
WealthManagement.com
The Difference Between Healthy and Unhealthy RIA M&A
WealthManagement.com
RIA Leaders: Unlock the Full Power of Your People
WealthManagement.com
The Four Phases of RIA M&A After the COVID-19 Storm
Financial Planning
Prospective sellers should start increasing the firms value now
Financial Planning
Valuing an RIA: Which Factors Matter Most
Financial Planning
Stop Using Revenue Multiples: Better Tools for Valuation
Investment Advisor Magazine
Succession Planning: Planning Your Future
ThinkAdvisor
Tailor-Made Successor
Financial Advisor Magazine
True Value: Learn to Focus on the Things That Drive Up the Value of Your Practice
Succession Planning White Paper
MKT, Schwab Advisors Services
Ask your Schwab representative for a copy
Valuation White Paper
MKT, Schwab Advisors Services
Ask your Schwab representative for a copy