Deal creates new top 10 CPA firm; top 3 in wealth management.
Clifton Gunderson and LarsonAllen, each already among the top 20 largest firms in the U.S., are breaking into the top 10 with a merger. The new firm will be named CliftonLarsonAllen as of Jan. 2, 2012.
At that size, the new firm will vie with BDO, CBIZ and Crowe Horwath in billings.
At least five years of “crazier” to come.
The need for leadership, succession pressures, and bench strength are driving today’s merger mania, says Carl George, the legendary chief executive of Clifton Gunderson. But smart, agile firms can still compete effectively, he says. And this may be the type of economy to do it in.
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