About Us >> Biographies


Our Staff


Rick Gallagher - Founder


Rick Gallagher is the founder of GuideSource, a consulting practice that develops and delivers solutions for small and mid-sized businesses.  GuideSource’s focus is equipping business leaders to improve their company’s performance.  Because GuideSource’s focus is equipping leaders inside the organization, our impact can be sustained long after the consulting engagement concludes.  GuideSource’s expertise includes financial management, business strategy and operations leadership.  GuideSource helps businesses integrate their financial systems into all areas of their business to make better informed decisions. 


Rick consults in the areas of Business Strategy, Finance & Accounting, and Business Operations.  He specializes in business turnarounds & workouts as well as business planning for mergers, acquisitions, hyper-growth and leadership transition. 


Mr. Gallagher served in C-level and senior management positions inside publicly-traded companies, startups, and small businesses.  He serves on multiple boards of directors.  Prior to founding GuideSource, he owned several other companies specializing in data management.


Mr. Gallagher earned a bachelor’s degree from the University of Minnesota in Mechanical Engineering with an Industrial Engineering emphasis and a track inside Carlson School of Management.  Mr. Gallagher, his wife, and their four children reside in Maple Grove, Minnesota.


Scott Ackerman - Senior Consultant  


Scott Ackerman is a senior consultant and business advisor at GuideSource.  Scott has over 15 years serving companies in senior leadership roles holding C and V-level positions.  Prior to joining GuideSource, he served as the CFO of Matrics, Inc. a manufacturer of compounded silicones and custom consumer electronics.  He previously served as President of McKnight Leadership Academy, a professional services firm specializing in training, coaching and consulting in the areas of leadership, change management and conflict management.  Scott also served as President of Page Inc., a technology consulting firm focused on raising software development capabilities. 


Scott is the former Vice President of Quality and Management Systems at Fargo Electronics Inc. where he directed the company’s management systems, human resources, information technology, product testing, and quality departments.  Scott also served as Director of Manufacturing and General Manager of Fargo Electronics Jamaica Ltd., a corporation located in Montego Bay, Jamaica. He began his career in the audit practice of the global accounting firm KPMG.


Mr. Ackerman earned his Bachelor of Science in Business from the Carlson School of Management at the University of Minnesota with an emphasis in accounting.  He also completed the Minnesota Executive Program from the Carlson School of Management and has completed executive education coursework from the Sloan School of Management at the Massachusetts Institute of Technology. 


Mr. Ackerman, his wife, and their children live in Elk River, Minnesota.





Grace Musgrove - Finance & Accounting


Grace Musgrove is a staff accountant at GuideSource.  She helps clients with their accounting obligations and she prepares financial statements. Additionally, she has experience preparing and filing sales tax returns for states, counties, parishes, and municipalities throughout the country.