Stephen R. Cole, FCA, FCBV joined Duff & Phelps in 2010 as a managing director in the Disputes and Legal Management Consulting practice and became a Senior Advisor in 2013. Stephen has more than 35 years of experience in business valuation and expert testimony.

Prior to joining Duff & Phelps, Stephen founded Cole & Partners, one of Canada's leading independent financial advisory firms. Stephen has been an advisor in mergers and acquisitions and corporate finance transactions regarding privately and publicly held business and real estate interests. He also has significant experience as an advisor to independent committees of public companies in various circumstances concerning sale, mergers and acquisitions and fairness opinions. He has been a director or advisory committee member of various private and public companies, charitable and professional organizations as well as an investment committee member and active advisor to numerous, significant, public and private funds and pools of capital containing public and private company investments. In addition, he has also testified before the Federal Court of Canada, the Supreme Court of Ontario, the Ontario Court, Competition Tribunal and other tribunals and panels as an expert witness in business valuation, damage quantification and other related matters.

Stephen is the business valuations editor for C.A. Magazine and author of valuation articles for numerous professional journals. He has also served as a speaker and lecturer for numerous professional organizations, including University of Toronto, York University, Canadian Bar Association, Law Society of Upper Canada, Ontario Bar Admission School, Insight Educational Services, Canadian Institute, Canadian Tax Foundation, Canadian Institute of Chartered Business Valuators, Federated Press and Judicial Institute.

Stephen is a fellow of the Institute of Chartered Accountants of Ontario and the Canadian Chartered Institute of Business Valuators. In the past, he served as director of the Canadian Institute of Chartered Business Valuators as well as a member of the Canadian Institute of Chartered Accountants’ National Specialization Council and Specialization Implementation Task Force.

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