Gartland and Mellina Group Acquires Avalon Lake

New York-based financial consulting firm Gartland and Mellina Group has acquired alternative asset management adviser Avalon Lake Partners.

Avalon Lake had spun off from WTP Advisors in 2012 and offers services such as compliance consulting and advising on spin-outs and startups. Gartland and Mellina Group consult on a wide range of issues ranging from wealth and investment management to capital markets to financial services.

“By joining a firm of like-minded seasoned professionals with the same vision, this acquisition affords us the opportunity to enhance and grow our practice in the alternative asset marketplace. Our menu of offerings will continue to be centered upon providing our clients with a C-level suite of services which we have coined ‘the business of managing the business’ enabling investment professionals to focus upon the management of their trading desks and portfolios,” says Jay Goldstein, a partner at Avalon Lake.