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The RIA Consolidation Frenzy

Articles & Interviews | Oct 20, 2021 | Larry Sussman

The race to market leadership in the independent wealth management space is on. Not only that, but the pace is both fast and accelerating. Partner Larry Sussman shares what is driving today’s consolidation wave.

Larry Sussman


Larry is the Head of Corporate Finance and a Partner in the New York office. He is responsible for day-to-day planning, implementing, managing and controlling all financial-related activities of the company, including direct responsibility for accounting, finance, forecasting, strategic planning, and deal analysis. He has more than twenty years of experience in the financial services industry. Larry is a member of the firm’s Executive Committee.

Prior to joining Cerity Partners, Larry served as the Director of Operations for the New York Private Bank & Trust, responsible for the bank’s finance and operations. Before NYPB&T, he was the Director of Finance for CIT Small Business Lending, one of the nation’s leading providers of small business credit. Larry also served as Vice President of Private Client Services at Bear Stearns in New York City, where he worked as an asset allocation specialist. He was a member of Deutsche Bank’s Private Client Group on a team responsible for managing over $800 million in private client assets. Also at Deutsche Bank, he was appointed to the Private Client Group’s equity research team, responsible for overseeing the financial services sector.

Larry earned a Bachelor of Arts in Economics with Honors from Dickinson College and a Masters of Business Administration from New York University with a concentration in finance. He is a CFA charterholder. Larry was awarded Best Finance Business Leader 2020 (New York) by Acquisition International.