Integrating Culture in Successful RIA Mergers and Acquisitions

With organic growth becoming more and more elusive, Mergers and Acquisition (M&A) activity within the RIA industry is at an all-time high. In 2019, RIA merger and acquisition activity accelerated its momentum compared to the halfway point last year, with a strong second quarter that saw 33 deals for a total of 65 for the first six months, according to the DeVoe & Co. Deal Book.

While M&As may seem like "easy" growth for firms, the only easy part may be signing on the dotted line. Maintaining success by merging two firms hinges on a handful of key factors, and one of them is the careful integration of culture.

In Integrating Culture in Successful RIA Mergers and Acquisitions, Greg Friedman, a veteran financial advisor, and Cynthia Greenfield, a leadership and change management coach, share their blueprint for achieving and maintaining a successful, positive work culture, tackling head-on the obstacles that may appear during an M&A event, and offering solutions based on real-world experiences. This book will show the evolution of a $2B RIA over the course of 10 years, and pull back the covers with real stories of obstacles, adjustments, and victories along the way.

Chapter 1: Understanding and Succeeding at Change Management. - Chapter 2: Self-Assessment and Five Steps to Identifying Your Ideal Work Culture. - Chapter 3: First Impressions Initial Discovery. - Chapter 4: Coming Face to Face: Expanding the Circle. - Chapter 5: Bringing it Together Kicking off Cultural Integration. - Chapter 6: Timelines and Blueprints: Nurturing Your Integrated Culture. - Chapter 7: Repeating the Cycle, and Applying Lessons Learned. - Chapter 8: Preserving Culture During Extraordinary Times.