Jeff Balcombe, CPA, ABV, CFF, CGMA, CFA

Mr. Balcombe wrote on the valuation of insurance organizations for IRMI.com from 2007 to 2019.

Mr. Balcombe served as president, CEO, and partner of the BVA Group (BVA),* leading the firm's management committee and participating in all aspects of overseeing the firm's services, including valuations, financial advisory services, and dispute consulting.

As president, CEO, and partner of the BVA Group (BVA),* Mr. Balcombe led the firm's management committee and was involved in all aspects of overseeing the firm's services, including valuations, financial advisory services, and dispute consulting.

Mr. Balcombe testified over 70 times on issues related to general commercial damages including economic damages and lost profits analyses, patent and copyright infringement, misappropriation of trade secret violations, purchase price disputes, wrongful contract termination, shareholder disputes, financial fraud allegations, securities class actions, and valuation issues, including the valuation of businesses and business interests, as well as fairness, solvency, and reasonably equivalent value analyses.

BVA is a nationally recognized litigation, valuation, and financial advisory firm that has a reputation for providing valuable insight and responsive service to clients seeking guidance regarding complex financial issues. The firm was founded in 1974 to pursue a simple but powerful purpose: to empower others through its expertise in valuation, economic damages, and corporate finance issues.

BVA has advised on numerous insurance-related valuation consulting projects including litigation consulting, acquisitions, sales, and valuation of businesses for purposes including mergers and acquisitions, tax planning, and estate and gift taxes. His work has involved agencies, brokers, and financial institutions, with personal lines and excess and surplus lines and other specialty market providers including nonstandard auto, health care, workers compensation, and administrators.

Outside of a dispute context, Mr. Balcombe was involved in hundreds of valuations across numerous industries performed for various purposes, including financial reporting, tax, employee stock ownership plans, solvency opinions, and fairness opinions. He led the firm's solvency and fairness opinion committees where BVA provides such financial advisory opinions relating to transactions.

In addition to being a certified public accountant (CPA) who holds the designations of Accredited in Business Valuation, Certified in Financial Forensics, and Chartered Global Management Accountant awarded by the American Institute of Certified Public Accountants, Mr. Balcombe holds the Chartered Financial Analyst (CFA) designation awarded by the CFA Institute and is an Accredited Senior Appraiser in Business Valuation through the American Society of Appraisers. He is one of the Panel of Experts that writes for, and is recognized by, the Financial Valuation and Litigation Expert journal, a periodical that publishes technical valuation and litigation consulting topics and is referenced by those in his profession. Additionally, Mr. Balcombe has given presentations involving valuation and litigation, including continuing legal education events, and is a published author. He coauthored the Financial Valuation: Applications and Models (FVAM), fourth edition, April 2017, and is a contributing author to the FVAM, third edition, April 2011. At the request of the European Parliament Committee on Economic and Monetary Affairs, he coauthored the study "Financial Supervision and Regulation in the US: Dodd-Frank Reform," December 2018.

Mr. Balcombe was the founder and president of Blue Sky Billboards LP, which became one of the fastest-growing outdoor advertising companies in Oklahoma from 2005 through 2011. He led the sale of Blue Sky to a private equity group after a sale process involving multiple bidders. Before joining BVA, Mr. Balcombe was cofounder and chief financial officer of a software company where he was the coinventor on a patent and was involved in raising significant private capital. Mr. Balcombe was previously with Ernst and Young LLP as an audit professional and a financial advisory consultant, as well as a financial advisory consultant at another firm providing services similar to BVA.

Mr. Balcombe received a master in professional accounting and bachelor of business administration from the University of Texas, where he graduated with honors. He is a member of the American Institute of Certified Public Accountants (Forensic and Valuation Services Section), CFA Institute, Texas Society of CPAs, American Society of Appraisers, and the American Bankruptcy Institute.

In addition to his role at BVA, Mr. Balcombe is a member of the board of directors of Nimbic Systems, Inc., a Houston-based, private-equity-backed medical technology company, and is an adviser to a blockchain/cryptocurrency fund. Mr. Balcombe is involved in his church as well as charitable causes. He has been married since 1995 and has three children.

*Although BVA employs CPAs, it is not a CPA firm.