Tax prep firm Gilman Ciocia has been acquired by the investment banking and asset management firm National Holdings.

National Holdings and Poughkeepsie, N.Y.-based Gilman Ciocia have entered into “a definitive merger agreement to create a diversified investment bank and independent broker-dealer with broad financial product and service offerings catering to retail and institutional clients,” according to the statement from New York- and Boca Raton, Fla.-based National. 

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