We’re deeply saddened to learn that McGladrey & Pullen and H&R Block are splitting up:
“This arrangement made sense in 1999,” said Dave Scudder, managing partner of McGladrey & Pullen LLP. “However, that operational and financial model does not serve us well as we address our future goals of client service, opportunity for our partners, and continued growth.”
Translation: It’s about the money.
“We are taking this action because we believe it to be in the best interests of our partners, our employees and our clients. We see great opportunities for success and growth for McGladrey & Pullen as a traditionally structured firm able to provide full service across all industry segments,” Scudder noted.
M&P also wanted you all to know that it’s not your fault, that they still love you but sometimes firms fall out of love.
McGladrey & Pullen News Release