{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5ab6fe42bb6ddf45527e077e/67865cdbc1c1ddd57c1b2749?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Springline Advisory with Tim Brackney | E358","description":"<p>In this episode of Fintech Impact, host Jason Pereira interviews Tim Brackney, CEO of Springline Advisory, about their innovative approach to scaling mid-market advisory and accounting firms through the implementation of advanced technology and strategic acquisitions. The discussion covers SpringLine's inception, their private equity backing, and how they help firms transition from a localized operation to an enterprise-level structure, allowing them to focus more on their core competencies. Brackney also explains how the company's business model gives these firms a competitive edge in a large yet underserved market. The episode emphasizes the importance of maintaining the essence of the founding firm while leveraging technological advancements to facilitate organizational growth.</p><p><br></p><p><strong>Episode Highlights:</strong></p><ul><li>00:10: Jason Pereira introduces Tim Brackney, CEO of Springline Advisory, discussing the company’s role in helping mid-market advisory firms scale through technology.</li><li>00:37: Brackney gives an overview of Springline's history and goals.</li><li>01:35: Discussion on the market opportunity and fragmentation in the accounting and advisory industry.</li><li>02:28: Challenges faced by mid-market firms when scaling are explored.</li><li>04:27: Discussion on when firms typically start conversations about joining SpringLine.</li><li>04:57: Firms entering Springline already have some level of professional management.</li><li>05:34: The complexities of scaling from mid-market to enterprise are discussed.</li><li>06:42: Brackney elaborates on the timing of firm conversations with Springline.</li><li>08:12: The criteria for choosing firms to join Springline are explained.</li><li>08:43: Emojis in merging firms and handling transitions were discussed.</li><li>10:48: Discussion on changes in firms’ growth ability post-acquisition.</li><li>12:19: The venture-backed aspect of the business model is outlined.</li><li>13:30: Conversation about structuring deals that include equity.</li><li>14:34: Discussion on the tools and foundation set for Springline's success.</li><li>15:34: Various stages of firm development and adaptation are discussed.</li><li>16:29: The value of being an early adopter is outlined.</li><li>16:59: Potential size and growth strategy for Springline are explored.</li><li>18:53: Vision for long-term growth within the mid-market sector.</li><li>21:31: Brackney voices a wish for more talent retention in the industry.</li></ul><p><br></p><p><strong>Key Points:</strong></p><ul><li>Springline Advisory is committed to helping mid-market firms scale effectively through technology and strategic acquisitions.</li><li>The company focuses on maintaining strong client relationships while enabling firms to grow with the support of expert management and tech solutions.</li><li>Springline’s unique approach offers a viable path for mid-market firms to remain competitive and achieve sustainable growth.</li></ul><p><br></p><p><strong>Tweetable Quotes:</strong></p><ul><li>\"Springline is about scale plus soul, allowing firms to grow without losing their identity.\"</li><li>\"Mid-market firms face unique challenges that require innovative solutions to overcome scaling barriers.\"</li><li>\"We are finding and keeping talent by making our firms an irresistible place to work.\"</li></ul><p><br></p><p><strong>Resources Mentioned:</strong></p><ul><li><a href=\"https://www.facebook.com/jason.pereira\" rel=\"noopener noreferrer\" target=\"_blank\">Facebook</a>&nbsp;– Jason Pereira's Facebook</li><li><a href=\"https://www.linkedin.com/in/pereirajm?trk=org-employees_mini-profile_title\" rel=\"noopener noreferrer\" target=\"_blank\">LinkedIn</a>&nbsp;– Jason Pereira's LinkedIn</li><li><a href=\"https://www.woodgate.com/\" rel=\"noopener noreferrer\" target=\"_blank\">Woodgate.com</a>&nbsp;– Sponsor</li><li><a href=\"https://barevalue.com/podcast-editing\" rel=\"noopener noreferrer\" target=\"_blank\">Podcast Editing</a></li></ul>","author_name":"Jason Pereira"}