 For firms looking to do an acquisition, I tell them proceed with caution. You’ve got to know exactly what you’re getting yourself into"Paul Lally, president, Gladstone Associates |
Thinking About Buying a Practice? Talk to More Than One Seller
Megan Leonhardt | wealthmanagement.com, October 2014
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Summary: It’s a seller’s market when it comes to the merger and acquisition activity around advisory practices. For every 10-15 deals an advisor looks at, one may turn serious, Paul Lally, president of Gladstone Associates, told attendees of FSI Advisor Summit on Monday.
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