 In some situations, partners who disagree choose to just ignore each other, and they stay locked together, which is very difficult for people who work at the firm.”
Beverly Flaxington, Principal, The Collaborative.
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Summary: Peter J. Raimondi walked away from The Colony Group 20 years after he launched the Boston advisory firm with just nine clients. After expanding the firm to 650 clients and $900 million in assets under management, he wanted to shift the business focus toward asset management, a move that he had decided was key to further growth. His partners didn't agree, so he left.
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