Built by Analysts, For Analysts

We started ontrivaxelo in 2019 because we kept seeing the same problem. Junior analysts would join firms with degrees but couldn't actually value a company.

The gap between academic theory and real-world application was enormous. So we built something different—practical training that mirrors what you'll actually do on the job. No fluff, no outdated case studies from 2005. Just current methodology that reflects how valuation work happens today.

Financial analysts working collaboratively on valuation models

How We Got Here

Our founder spent eight years at mid-tier advisory firms across Brisbane and Sydney. She noticed something odd—every new hire, regardless of university, struggled with the same fundamental tasks. Building a three-statement model. Understanding when to use precedent transactions versus comparable companies.

The traditional training approach was "watch me do it, then you do it." Which works, but takes forever. And honestly? It's inefficient for everyone involved.

We thought there had to be a better way. Not online courses that just replicate lectures. Not certification programs that prioritize credentials over competence. Something in between—structured learning that builds muscle memory through repetition and feedback.

What We've Built Since 2019

340+ Analysts Trained

Across advisory firms, private equity shops, and corporate finance teams in Australia

28 Industry Practitioners

Current professionals who contribute to course development and real-world scenarios

850+ Hours of Content

Practical exercises, case studies, and model-building workshops updated quarterly

Who Runs This Thing

We're a small team—seven people as of early 2025. Most of us still do client work alongside running ontrivaxelo. We think that's important. If we're teaching valuation techniques, we should probably still be using them ourselves.

Marcus Fenwick, Technical Lead at ontrivaxelo

Rhea Caldwell

Program Director

Rhea spent most of her career at Grant Thornton and BDO doing business valuations for litigation, transaction advisory, and financial reporting. She's valued everything from tech startups to manufacturing businesses to agricultural operations.

She started ontrivaxelo because she was tired of training junior staff the same way she'd been trained—slowly and inconsistently. Her approach is methodical. Break complex tasks into smaller pieces. Practice each piece until it becomes automatic. Then stack them together.

Marcus Fenwick

Technical Lead

Marcus handles course structure and content delivery. He came from an equity research background at Morgans Financial, where he covered industrials and consumer discretionary stocks. Before that, he worked in corporate finance at a large mining company.

His focus is making sure our teaching methods actually work. He runs the quarterly reviews where we analyze which exercises participants struggle with, which concepts need better explanation, and what we should cut entirely. Not everything we try works—Marcus makes sure we learn from what doesn't.

How Our Programs Work

We run cohort-based training programs twice a year—typically starting in March and September. Each runs for sixteen weeks. You'll spend about eight to ten hours per week on coursework, exercises, and model reviews.

Real Company Data

Every case uses actual financial statements from Australian and international companies. We don't create fictional scenarios. You'll work with the same messy, imperfect data you'll encounter in practice—including incomplete disclosures, accounting changes, and one-off items that need adjustment.

Progressive Complexity

We start with straightforward businesses—simple capital structures, predictable cash flows, minimal adjustment requirements. Then we gradually introduce complexity. Multi-segment operations. Acquisition accounting. Foreign exchange considerations. By week twelve, you're handling cases that look remarkably similar to actual client engagements.

Peer Review Sessions

Twice a month, you'll review another participant's work and have yours reviewed. This isn't about criticism—it's about developing judgment. You learn to spot errors, question assumptions, and articulate your reasoning. These sessions often generate better learning than the original exercises.

Industry Context

Understanding the numbers is only half the job. You also need to understand the business. We bring in practitioners every few weeks to discuss specific industries—how to value professional services firms differently from retailers, what matters in manufacturing versus software businesses, how to think about cyclical industries.

Financial analysts reviewing valuation models and methodologies