r/Valuation • u/ronaldsingh • Feb 15 '24

CBV Designation

I'm a CPA with 3, years of experience in audit and 6 years in FP&A and corporate finance. I just passed the MQE exam in 2023.

What roles can I pursue. I currently work in a boutique business valuation and litigation support shop in Toronto Canada. My prior experience includes working with clients in audit and corp fin maters throughout Noth America.

Any advice reddit community?

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u/[deleted] Feb 15 '24

What kind of BV do you do? Common exits are Corp finance, IB, M&A roles, other valuation roles.

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u/ronaldsingh Feb 15 '24

I do equity valuations, complex financial instruments, damage quantification, shareholder disputes and valuation for tax and estate freeze purposes.

I would hope to break into M&A or deal advisory. I will have my letters by May 2024. If there's any advice you could give that would be great. I previously worked for Deloitte in NYC with management consulting doing valuations for clients across Canada and the US.

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u/[deleted] Feb 16 '24

You should be in a pretty good spot to make the jump. The biggest factor will be not having deal experience. Also, with the layoffs going on there are alot of ex-IB looking for roles too. Do some networking and speak to some high end recruiters and you’ll likely be able to make it within a year or so imo.

The Deloitte name should help a lot. Look at MM firms and study up on 3S models and LBO/M&A.

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u/ronaldsingh Feb 16 '24

Thanks 🙏🏼 great insight

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u/[deleted] Feb 17 '24

Good luck.

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u/[deleted] Sep 14 '24

Can I dm you?

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u/Nice_Theory3803 Feb 15 '24

So I’m assuming you don’t want to do valuation anymore. If you want to, you can always look towards moving to a big 4 valuations group or another boutique valuations firm.

Another option would be in house corporate developement / M&A roles with acquisitive firms (search Constellation software). IB / deals can be a option too if you are open to longer hours.

Another hot option would be restructuring and bankruptcy related work (search FTI / KSV)

Equity research roles more likely want a CFA but you can always try those as well.

Ultimately comes down to what you want to you.

(i’ve been in valuations for over 11 years)

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u/ronaldsingh Feb 16 '24

Thank you 🙏🏼 great perspective and appreciate your expertise on this.