In our recent webinar, ‘M&A Success Drivers: How to Align Firm Culture and Integration’ we were privileged to have Beverly Flaxington, co-founder of The Collaborative , to share her insights and process on how to identify a strong culture fit and then integrate two firms.
Finding the right firm to sell to or buy is a high stakes decision and a challenge for many RIAs. Firm culture is a critical component to the success of a deal. Firm integration impacts the profitability for all parties. Bev provided insight on the criteria to assess and understand a firm’s culture, how to ready your staff for the changes ahead, and the essentials for retaining the clients through the sale.
As a bestselling author, international Keynote speaker, and college professor, Beverly brought a distinctive and actionable perspective for business growth and success. To listen to a replay of the webinar, click here.
To encourage you to include firm culture as well valuation and revenue multiples, we created a 12-Point Culture Match Checklist as a guide for M&A discussions. The questions, while easy to ask, are harder to vet then one would think.