Scott Sommer, chief executive officer, is one of the founding partners of Cornerstone Advisors. He brings to Cornerstone more than 20 years of experience in financial services, mergers and acquisitions, professional services & technology, creating leadership and distinctiveness in Cornerstone’s consulting practice.
An experienced advisor to senior level teams, Scott brings an in-depth understanding of issues faced by financial services clients in today’s marketplace. He has worked with banks and credit unions on strategic and technology planning, M&A assessments, merger integration, business model definition and organizational design & strategy.
Scott is a contributing author to GonzoBanker, Cornerstone’s blog, and is often quoted in industry articles and publications. He is also a frequent speaker at bank & credit union industry events throughout the country.
Before founding Cornerstone, Scott was SVP & general manager of the Financial Services Practice at Integrated Information Systems, a publicly traded software development & consulting company. During his time at IIS, he was instrumental in developing the sales & strategic alliance teams, guided the company through three rounds of equity financing and an initial public offering. Scott began his career practicing law in the areas of mergers & acquisitions and corporate litigation in New York City with Paul, Weiss, Rifkind, Wharton & Garrison and later with Quarles & Brady, Streich Lang.
Scott holds Bachelor of Arts degrees in Political Science and Economics with honors from Franklin and Marshall College in Lancaster, PA. He received his Juris Doctor degree cum laude from New York Law School.