DeVoe & Company
DeVoe & Company is a San Francisco-based investment bank and consulting firm founded in 2011, exclusively serving Registered Investment Advisors with M&A advisory, consulting, DCF valuation, and growth advisory services, backed by proprietary RIA M&A market research and two flagship annual conferences.
- Company typePrivate
- Founded2011
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What DeVoe & Company does
DeVoe & Company is a San Francisco-based investment banking and consulting firm founded in 2011 by David DeVoe, exclusively focused on Registered Investment Advisors (RIAs). The firm delivers four integrated practice areas — M&A advisory, consulting, DCF-based valuation, and growth advisory — alongside a proprietary research franchise anchored by the quarterly DeVoe RIA Deal Book, the Annual RIA M&A Outlook, the Talent & Growth Report, and the 'Heart of the Deal' white paper. To date the firm reports 87 completed RIA M&A transactions, 540+ RIA clients supported, and 950+ total engagements, with a 22-person team led by David DeVoe (Founder and CEO) and Gordon Ross (President, appointed July 2025).
The business operates on a professional services engagement model: M&A advisory fees are earned on individual sell-side and buy-side RIA transactions, supplemented by fees from valuation engagements and consulting retainers. Pricing is quote-based and not publicly disclosed. Go-to-market is sales-led and content-driven — the firm uses proprietary research, webinars, podcasts, and two flagship annual events (M&A+ Succession Summit in Huntington Beach and DeVoe Elevate in Scottsdale) to generate inbound from the RIA community. Premier-tier sponsorships from Charles Schwab, Fidelity, BNY Pershing, Mercer Advisors, Wealthspire, Capital Group, and Invesco indicate the platform has become a convening hub for the RIA ecosystem.
Leadership is sourced from senior wealth-management operators, including former executives from Charles Schwab, Dynasty Financial Partners, Fidelity, BNY Mellon Pershing, Wealthspire Advisors, and Focus Financial Partners. Recent senior additions — Hoyt Stastney (MD & General Counsel, October 2025) and Tom Valverde (MD, March 2026) — suggest active scaling of M&A execution capacity. The firm is privately held and founder-owned, with no disclosed external institutional investment, and operates exclusively in the United States.
DeVoe & Company firmographics
Firmographics- Name
- DeVoe & Company
- Legal name
- DeVoe & Company
- Website
- https://devoeandcompany.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- DeVoe & Company is a San Francisco-based investment bank and consulting firm founded in 2011, exclusively serving Registered Investment Advisors with M&A advisory, consulting, DCF valuation, and growth advisory services, backed by proprietary RIA M&A market research and two flagship annual conferences.
- Ownership category
- akta.pro rank
DeVoe & Company industry classification
Industry- Product category
- Investment Banking & Advisory Services
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282), Services-Management Consulting Services (8742), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industries
- Investment Management Advisory (RIA) (FSAEAAAB), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
Keywords
Where DeVoe & Company is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
DeVoe & Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Others
Revenue model
- Consulting Services: Advisory and consulting engagements for RIA firms navigating transitions, growth strategies, and business optimization.
- M&A Advisory: Investment banking services for RIA mergers, acquisitions, and succession transactions. The firm serves as advisor to buyers and sellers throughout transaction lifecycles.
- Valuation Services: DCF-based valuation analysis to help RIA firms understand what drives their value and how to strengthen it.
- Growth Advisory: Framework-based consulting to sharpen strategy and execution for organic, sustainable growth.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
DeVoe & Company product offering
Product offeringCore offering
DeVoe & Company is an investment bank and consulting firm focused exclusively on Registered Investment Advisors (RIAs). It provides four core service lines — Consulting, M&A Advisory, Valuation, and Growth — supporting RIA firms through transitions, mergers and acquisitions, business valuations, and organic growth strategy. The firm complements these services with proprietary research publications (DeVoe RIA Deal Book, Annual RIA M&A Outlook, Talent & Growth Report) and two flagship industry events.
Product overview
DeVoe & Company is an investment bank and consulting firm focused exclusively on Registered Investment Advisors (RIAs), offering a portfolio of advisory services and research products. The core service lines are Consulting, M&A Advisory, Valuation, and Growth — four integrated practice areas that support RIA firms through transitions, transactions, strategic planning, and organic growth. These services are complemented by a suite of research publications including the quarterly DeVoe RIA Deal Book, Annual RIA M&A Outlook, and Talent & Growth Report, which provide market intelligence and benchmarking. The company also hosts two flagship events — M&A+ Succession Summit and DeVoe Elevate — that serve as community and thought leadership platforms for the RIA ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- Consulting Advisory consulting engagements helping RIA firms navigate transitions, pursue growth strategies, and achieve goals aligned with their long-term vision and success.
- M&A Advisory Investment banking services guiding RIA firms through mergers, acquisitions, and ownership transitions; advising both buyers and sellers to maximize value and negotiate complex deals.
- Valuation DCF-based business valuation analysis that reveals what drives an RIA firm's value and provides strategic guidance on how to strengthen it.
- Growth Framework-based growth advisory that sharpens strategy and execution, unlocking disciplined, sustainable, organic growth for RIA firms.
- DeVoe RIA Deal Book Quarterly research report tracking RIA M&A activity, market trends, transaction volumes, and industry insights.
- Annual RIA M&A Outlook Annual comprehensive survey and analysis of RIA M&A trends, advisor perspectives, and market outlook.
- Talent & Growth Report Annual study exploring human capital challenges, next-gen readiness, succession planning, and talent management strategies for RIAs.
- The Heart of the Deal White paper focusing on the emotional barriers and journey of selling an RIA, developed in collaboration with Allworth Financial.
- M&A+ Succession Summit Annual flagship conference for RIA M&A and succession planning, held at The Pasea Hotel in Huntington Beach, California, gathering industry leaders for high-impact sessions on transitions and deal-making.
- DeVoe Elevate Three-day leadership event bringing together RIA leaders for insight, connection, and forward-looking strategy on culture, people, and growth, held in Scottsdale, Arizona.
Quantifiable outcome
- 87 total RIA transactions completed
- +2 more outcomes
Companies that use DeVoe & Company
Customer profileNamed customers10 records
Segments1 record
Ideal customer profiles1 record
DeVoe & Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
DeVoe & Company partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered platinum, gold and premier.
- Allworth FinancialplatinumPlatinum partner for DeVoe Elevate 2027. Collaborated on 'The Heart of the Deal' report development focusing on emotional barriers of selling an RIA.
- Dimensional Fund AdvisorsgoldGold partner for DeVoe Elevate 2027. Major asset manager serving RIAs with practice management support.
- Live Oak BankplatinumPlatinum partner for M&A+ Summit 2026. Provides lending services to investment advisors for acquisitions and succession planning.
- MarinerplatinumPlatinum partner for M&A+ Summit 2026. Major RIA aggregator and active acquirer in the market.
- Modern Wealth ManagementplatinumPlatinum partner for M&A+ Summit 2026. Co-founded by Jason Gordo, a keynote speaker at the summit.
- Oak Street FundinggoldGold partner for DeVoe Elevate 2027. Provides specialized banking services for RIAs including acquisition financing.
- Wintrust Investment Advisor BankinggoldGold partner for DeVoe events. Provides financing and banking services to RIAs for M&A and succession planning.
- Seward & KisselplatinumPlatinum partner for DeVoe Elevate 2027. Law firm specializing in investment management M&A transactions.
- WealthspireplatinumPlatinum partner for M&A+ Summit 2026. Major RIA consolidator serving high-net-worth clients.
- Zoe FinancialplatinumPlatinum partner for DeVoe Elevate 2027. Technology platform connecting advisors with planning firms.
- InvescopremierPremier partner for DeVoe Elevate 2026 event. Provides sponsorship support for the annual RIA leadership conference focused on growth, culture, and talent.
- Capital GrouppremierSponsor for M&A+ Summit 2026 and contributor to Q2 2025 Deal Book. Deep involvement in RIA industry events and market intelligence publications.
- BNY PershingpremierPremier partner for M&A+ Summit 2026. BNY Pershing is a major custody and clearing platform serving wealth management firms.
- Charles SchwabpremierPremier partner for M&A+ Summit 2026. Schwab is a major RIA custodian with significant market presence.
- Fidelity InvestmentspremierPremier partner for M&A+ Summit 2026. Fidelity is one of the largest RIA custodians in the industry.
- Mercer AdvisorspremierPremier partner for M&A+ Summit 2026. Major RIA consolidator and frequent acquirer in the market.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
DeVoe & Company competitors and assessment
Company assessmentBroad incumbents
- Commonwealth Financial Network: Commonwealth is a large independent broker-dealer and RIA custodian that supports thousands of advisors and operates a Practice Management program, intersecting with DeVoe's consulting and growth advisory offerings.
- Focus Financial Partners: Focus Financial is a leading RIA aggregator that completed an IPO and grew to over $2B in revenue; it represents both a key channel partner for DeVoe and a major participant in RIA M&A that operates adjacent advisory capabilities.
- Mariner Wealth Advisors: Mariner is a large RIA aggregator and active acquirer in the market; it is both a potential client of DeVoe (as an acquirer) and an emerging broad incumbent in RIA consolidation that competes for talent and deals.
- Advisor Group (now Osaic): Osaic (formerly Advisor Group) is one of the largest independent broker-dealer and RIA networks in the US; while it operates as a custodian/platform rather than a pure advisory firm, it competes for the same pool of RIA M&A and transition advisory services.
Direct peers
- Park Sutton Advisors: Park Sutton Advisors is an investment banking firm focused on the wealth and investment management industry, providing M&A advisory, capital raising, and strategic consulting to RIAs and asset managers comparable to DeVoe's service mix.
- Echelon Partners: Echelon Partners is a specialty investment bank and consulting firm serving the RIA and wealth management industry, offering M&A advisory, valuation, and consulting services directly competitive with DeVoe's four core service lines.
- Kinexus Group: Kinexus Group is an M&A advisory and consulting firm specializing in financial services, with a focus on RIAs, wealth managers, and insurance agencies, positioning it as a direct competitor to DeVoe's RIA M&A practice.
- The Ensemble Practice: The Ensemble Practice is a consulting firm that supports RIAs and broker-dealers with business consulting and strategic planning, overlapping with DeVoe's consulting and growth advisory service lines.
- Berkshire Capital Securities & Co. Berkshire Capital Securities provides investment banking services to asset and wealth management firms, including M&A advisory, capital raising, and consulting, making it a close comparable to DeVoe in serving the RIA ecosystem.
Emerging players
- CEPRA (formerly RIA in a Box): CEPRA provides compliance, consulting, and technology solutions for RIAs, overlapping with DeVoe's consulting and growth services and representing an emerging player in the RIA professional services ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
DeVoe & Company social profiles
Digital presenceDeVoe & Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
DeVoe & Company leadership team
Management profileNumber of profiles
Profiles9 records
DeVoe & Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DeVoe & Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DeVoe & Company
What does DeVoe & Company do?
DeVoe & Company is an investment bank and consulting firm focused exclusively on Registered Investment Advisors (RIAs). It provides four core service lines — Consulting, M&A Advisory, Valuation, and Growth — supporting RIA firms through transitions, mergers and acquisitions, business valuations, and organic growth strategy. The firm complements these services with proprietary research publications (DeVoe RIA Deal Book, Annual RIA M&A Outlook, Talent & Growth Report) and two flagship industry events.
Is DeVoe & Company a public or private company?
DeVoe & Company is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was DeVoe & Company founded?
DeVoe & Company was founded in 2011. It employs 11 to 50 people.
Where is DeVoe & Company based?
DeVoe & Company is headquartered in San Francisco, United States, in the North America region.
How does DeVoe & Company make money?
Four revenue lines are on record. Consulting Services are the primary driver. The others are M&A Advisory, valuation Services and growth Advisory.
Who are DeVoe & Company's main competitors?
Broad incumbents on record are Commonwealth Financial Network, Focus Financial Partners, Mariner Wealth Advisors and Advisor Group (now Osaic). Direct peers are Park Sutton Advisors, Echelon Partners, Kinexus Group, The Ensemble Practice and Berkshire Capital Securities & Co.. CEPRA (formerly RIA in a Box) is listed as an emerging player.
Does DeVoe & Company have an API?
No public API is recorded for DeVoe & Company.
What industry is DeVoe & Company in?
DeVoe & Company's product category is Investment Banking & Advisory Services. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAEAAAB, Investment Management Advisory (RIA). Its NAICS code is 523940 and its SIC code is 6282.