Member Since November 2020
Skills
About
A proud Georgia native, I was born in Atlanta, raised in Cobb County (Marietta), and currently reside in Gwinnett County (Suwanee). My career progression includes beginning as a tax staff accountant at a public accounting firm and pivoting to i-banking where I primarily assisted financial institutions raise capital, buy-side and sell-side M&A advice and bank valuations. Today I use that strong accounting and finance knowledge base to serve as an independent advisor to businesses and high net worth individuals with the objective of helping these parties make value-add decisions and solve complex problems whether it is in the form of M&A advice, the goal of problem-free compliance, or to be an expert witness to inform a judge, jury or arbitrator/mediator in a clear, educated manner. With the heart of a teacher, I am dedicated to providing sound financial advice and services to small business and middle-market companies. Often I am asked where the business name Sofer Advisors, LLC (pronounced "so-fair") came from. Abbreviated from Rabbi Daniel Lapin, in Hebrew, the word Sofer is used to describe, a scribe, a scholar and a counter, which his to say, someone good with numbers. You can never become an accomplished scholar without allowing numbers to root you in reality. Stories allow your imagination to soar unencumbered by anything as inconvenient as the laws of physics. Numbers are real and can reflect reality far more quickly and far more accurately than stories. Numbers should not need too many words to explain them but just the right amount. I am in the business in combining the accurate story of your business with the numbers both past and future in order to facilitate successful transactional outcomes. Inquiry calls can be scheduled here: https://calendly.com/soferadvisors
David Hern
Published content
expert panel
Dec 28, 2020
Facing adversity can help you grow in ways you never imagined. No one likes to think about facing adversity and hardships. However, everyone must deal with challenging situations at some point in their personal and professional lives, especially in the midst of today's pandemic and social climate. Having a strategy to confront adversity head-on can help you be better prepared when obstacles do pop up. To help, we asked a panel of Young Entrepreneur Council members for their advice. Below they share their No. 1 tips for overcoming hardships and why doing so can help you grow as a person.
Company details
Sofer Advisors
Company bio
As a former CPA and investment banker I understood that a business has a unique story through its numbers and that those owners could take actionable decisions on this information. Today, I use my strong accounting and finance knowledge base to serve as an independent advisor to businesses and high net worth individuals with the objective of helping these parties make value-add decisions and solve complex problems whether it is in the form of M&A advice, the goal of problem-free compliance, or to be an expert witness to inform a judge, jury or arbitrator/mediator in a clear, educated manner. With the heart of a teacher, I am dedicated to providing sound financial advice and services to small business and middle-market companies in way that they can easily understand what we are recommending and the basis for that. Business owners often face material financial decisions where they are uncertain what their true business value is. We are brought in to be an independent advisor and give them the business value information they need to be confident they are making the right decision at the right amount. We do this through business valuation techniques in order to assess what they are worth today. Further for those who have an exit in mind, our firm may partner with the business owner who needs to 'stage the house' and get the business ready for sale. This could mean helping the owner perform value acceleration activities in order to get their business valuation higher. Our goal would be to drive valuation up, increase the attractiveness to a buyer, reduce risk, and increase the probability of sale or some combination thereof depending on the owner's time table. For those business owners who have finished partnering with us on exit planning or who want to go directly to a sale after their initial valuation assessment, we will serve as their business 'realtor' and be their business broker. As their financial intermediary we will list and negotiate for them.