Nirav Desai
Nirav Desai is the founder of Qubera Wealth Management and its financial advisor. He works with business owners, physicians, and professionals in technology and sales on portfolio construction, tax planning, alternative investments, and business transition planning. A large part of that work is with owners on the selling side of private equity transactions and, more often, with owners in the years after a sale, when there is a lump sum to invest, a rollover stake to manage, and a household that has to replace the income the business used to pay.
He holds an MBA from the UCLA Anderson School of Management and an MS in Computer Science from the USC Viterbi School of Engineering. Before founding Qubera he worked in technology, which is where the habit of checking every number against a primary source comes from. He has written about investing and global markets at keepcalmandinvest.com since 2012.
Nirav does not hold a CFP, CFA, CPA, JD, or other professional designation, and nothing on this site should be read as legal or accounting advice. Qubera works alongside your attorney and CPA, not in place of them.
Qubera Wealth Management
Qubera is a registered investment advisor in Los Angeles, and it is fee-only and a fiduciary, two words worth unpacking. Fee-only means the only money the firm takes comes from its clients, never a commission or a referral payment from a buyer, banker, fund sponsor, or attorney. Fiduciary means it is bound to put your interest ahead of its own. Its clients run from accredited investors to ordinary savers, across taxable, retirement, and trust accounts.
Qubera charges a flat fee for defined engagements such as a term-sheet review or a post-sale plan, and a percentage of assets for ongoing investment management. The second arrangement means the firm earns more when clients invest more with it, which is a conflict of interest. It is disclosed here and in Form ADV Part 2A, and it is one reason this site spends as much space telling you when you do not need us as it does explaining what we do.
Why this site exists
Most of what business owners read about selling to private equity is written by people on the buying side or paid by the deal: the platforms, their bankers, and the brokers who bring them companies. Law firms publish careful work, but at a graduate reading level and mostly about the transaction, not the household. Almost nobody writes plainly about what an owner actually keeps after rollover, holdback, fees, and tax, or about the harder problem that comes next: how to invest a lump sum, manage a stake you cannot sell, and replace the income a business used to pay, all at once and usually for the first time.
This site is for owners of trades and professional-services businesses worth under $20 million, the owners who are first-generation liquidity and usually do not have a family office or an existing sophisticated advisor. It is a companion to physicianbuyoutplan.com for physicians and dentists, and to 1031exchangeplan.com for real estate owners.
How the content is researched
Every figure was checked against a primary or named secondary source in September 2026: the Internal Revenue Code and Treasury regulations, IRS revenue procedures and notices, published court decisions, and named market sources such as OPTIS Partners, Reagan Consulting, and industry M&A trackers. Multiples are described as reported ranges, not offers. Where a figure could not be confirmed, it was left out rather than estimated. Each page carries the date it was last updated, and the tax pages will be reviewed when the IRS publishes 2027 inflation adjustments. Nothing on the site names a recommended platform, banker, attorney, or fund; platforms are named only as facts about the market.
Compliance and disclosures
Qubera Wealth Management is a registered investment advisor. Registration does not imply a certain level of skill or training. This website is educational and general in nature; it is not tax, legal, or investment advice, and reading it does not create an advisory relationship. Tax law changes frequently, and the figures here were current as of the update date on each page. QSBS eligibility is fact-specific and requires a written opinion from your CPA; nothing here is a determination that any business qualifies. The case study is a composite drawn from client work with identifying details and figures changed; it is not a guarantee of similar results. Private equity rollover equity is illiquid, subordinate to lenders and preferred investors, and can lose all of its value. Form ADV Part 2A is available on request and at quberawealth.com.