Coldstream reposted this
In my latest article for WealthManagement.com, I write, "While M&A can drive AUM numbers higher, it is crucial to ensure that your firm is managing its current processes and supporting your existing clients before pursuing an inorganic process." https://lnkd.in/gUERMbAR
Amy DeTolla
2mo
I agree Matt. Firms who want to have real success in M&A should have their firm and processes very tight in addition to a well planned integration roadmap. Most deals create more effort and disruption and miss the mark on scale. That's where people like us can help ✨👍
Steven Tenney
2mo
Matt- Thanks for the article. You point out quite a few elements needed before an M&A effort. Those same elements are needed for organic growth as well. I believe it's a fallacy to think a firm is aligned behind organic or inorganic. The necessary ingredients are nearly identical.
professor at university of Louisville
2moBravo Unless M&A creates synergy (1+1=3), you will simply be doubling the workflow but not the value.