In the ninth episode of The COO Roundtable, Matt welcomed Susan Dickson and Suzanne Williamson, principals of Private Ocean.  Susan is the Chief Operating Officer of the firm, and Suzanne is the Director of Client Services.  Private Ocean, headquartered in San Rafael, CA, manages over $2 billion in client assets with 51 employees and has additional offices in San Francisco and Seattle.  With the goal of highlighting that people come before technology in the COO role, Matt, Susan, and Suzanne sat down to discuss the importance of culture, how that culture can successfully translate to M&A acquisitions, and much more, including:

The history and tremendous growth Private Ocean has experienced since its founding in 1983
Susan and Suzanne’s respective backgrounds and how they both have impacted and managed Private Ocean’s growth
The pros and cons Susan faced coming from outside the industry as COO
Suzanne’s unique role as Director of Client Services and how she acts as the liaison between various departments throughout the organization
The importance of culture at Private Ocean and the post-hire personality test they have instituted to help ensure their culture remains intact as they add more employees
How Susan, as COO, is involved in M&A transactions from the very beginning of negotiations
Suzanne’s role in integrating their acquisitions’ various client service models under one roof

We hope you enjoy, share, and subscribe! To subscribe to the podcast on iTunes, click here or to subscribe on Google Play, click here. We are increasing the frequency of our own RIA practice management articles – to sign up to be notified of new content, click here. To purchase Greg Friedman’s (Private Ocean Founder & CEO) book, “The Financial Advisor M&A Guidebook,” click here.

Ver todos los episodios