Indeed, there will always be winners and losers. But East & Concord, the combination of two strong firms, understands thoroughly that the key lies in the harmony of mind. So it spent two years to merge truly in terms of personnel, finance, and possessions, blazing a unique trail in corporate governance. Disruption may be a big and serious term, yet it will be no exaggeration if we use it to refer to the innovative first year of East & Concord.