How to Avoid Getting Involved in a Bad Acquisition

Alex Padalka | Financial Advisor IQ, September 2015

Summary: Too many advisors rush into acquisitions of other practices, risking being unable to make the transition and losing clients in the process, The Wall Street Journal writes. Avoiding such pitfalls calls for preparation and self-control, experts tell the paper.

It’s also important to pay attention to corporate culture, says Mary Ann Buchanan, chief executive of matchmaking company RIA Match. She suggests “dating” the target firm first, hosting events together and visiting each other’s offices, the Journal writes

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