Just as in a marriage, the easy part is agreeing to the union. The difficult part involves executing on an integration strategy with patience, wisdom, respect and discipline."
Mark Tibergien ,CEO, Pershing Advisor Solutions. |
Summary: What is the secret to success for advisory firms that decide to take the plunge? After all, a merger resembles a marriage of sorts, with many of the same challenges and few of the same benefits. Similar to partners in an ill-conceived marriage, many advisors expend more energy on the wedding than on the long-term relationship.
Just as in a marriage, the easy part is agreeing to the union. The difficult part involves executing on an integration strategy with patience, wisdom, respect and discipline."
Mark Tibergien ,CEO, Pershing Advisor Solutions. |
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