When Mark Feldman joined MRA Associates in 2012 as CEO, he and the other partner had a de­finite vision for the organization’s sustainability. “We decided that this should be a firm that doesn’t require a third-party transaction to monetize the shareholders,” he said. “We decided to build something for internal succession.” As a result, Feldman and his team created an operating model that provides every ­ financial adviser and high-performing professional at the company an opportunity to become a shareholder. Since 2012, there have been 10 new partners. Another forward-looking strategy is the company’s inclusive decision-making structure, in which a 16-person management committee oversees how the ­firm is run.