The new DeVoe Coaching Platform for RIAs was designed by DeVoe & Co. to help advisors “accelerate growth and run better businesses,” the financial services consulting firm said Thursday.
The comprehensive coaching platform enables the firm to “deliver a coaching experience — with expertise, guidance and tools — not previously available to the RIA industry,” it said.
The platform consists of the DeVoe Masters Program and DeVoe Accelerators integrated programs that, together, “provides a range of options for advisors to receive support based on their needs and engagement style,” the company said.
Both programs are launching Thursday, David DeVoe, managing director at DeVoe & Co., told ThinkAdvisor.
During the coronavirus and economic crisis, DeVoe & Co. is “trying to support advisors however we can — ranging from a few hundred dollars to pick the brain of a director for an hour, to ongoing coaching or Accelerators, all the way up to our standard deep-dive consulting engagements,” the company said.
The standard fee for the Masters Program is $2,400 a month for a relationship with a special advisor, according to the firm. The fees tier down for clients who want to work with managing directors ($1,800 a month) or directors ($1,000 a month).
The Accelerators program costs $10,500 for six months and $19,500 for 12 months, it said.