RSM US
Limited Liability Partnership Member firm of RSM International | |
Industry | Professional services |
Founded | 1926 as IB McGladrey Co by Ira McGladrey |
Headquarters |
One South Wacker Chicago, Illinois, USA |
Area served | United States |
Services |
Audit Tax Consulting |
Revenue | $1.47 billion USD (2014) |
Number of employees | 8,000 |
Website | http://www.rsmus.com |
RSM US LLP is an audit, tax and consulting firm, focused on the middle market in the United States and a member of the global accounting network RSM International. It is the 5th largest accounting firm in the United States.[1]
The firm has 9,000 employees across 90 cities nationwide providing audit, tax, and consulting services. Through the McGladrey Alliance, the firm brings an affiliation of 75 independent accounting firms with 215 locations in 38 states and Puerto Rico. RSM International brings together more than 38,000 professionals from 760 offices located in more than 120 countries.
History
Legal structure
Through a 1999 partnership with H&R Block, McGladrey operated under two separate legal entities:
- McGladrey & Pullen, LLP
- RSM McGladrey, Inc.
McGladrey & Pullen operated under the traditional partnership structure as most accounting firms, specializing in audit and attest services. RSM McGladrey was established under the partnership agreement with H&R Block to provide tax and advisory services under an alternative practice structure.
In August 2011, H&R Block announced it was ending its partnership and divesting RSM McGladrey to McGladrey & Pullen, reuniting the firms in a traditional partnership structure. McGladrey & Pullen acquired all employees, assets, and infrastructure from RSM McGladrey. The deal closed on December 1, 2011.
In May 2012, McGladrey & Pullen officially changed its name to McGladrey LLP. The change took effect at the start of the new fiscal year, May 1.
In July 2012, McGladrey changed its headquarters from Bloomington, Minnesota to Chicago.[2]
On October 26, 2015 McGladrey LLP changed its name to RSM US. The name change creates a more cohesive global brand with their RSM International(RSMi) network.[3] McGladrey was an original founding member of RSMi in 1964 (being the "M" in RSM).
Firm accolades
In 2016, Consulting Magazine named RSM #5 Best Firms to Work For.[4] In 2016, Forbes named RSM one of America’s Best Management Consulting Firms; Fatherly.com named RSM a 2016 ‘Best Places to Work for New Dads;’ and RSM was recognized by the Forum for Expatriate Management (FEM) as Tax Provider of the Year, and presented with the organization’s esteemed Expatriate Management and Mobility Award (EMMA).
In 2015, prior to the firm's rebrand, RSM (formerly McGladrey) was named to Working Mother's 2015 'Best Companies" list; the AICPA named the firm's Jan Phipps its Woman CPA of the Year; McGladrey takes top spot on Accounting Today's 2015 VAR 100 list; Consulting® Magazine Recognized the firm for its Community Outreach; Computerworld Named McGladrey to 2015 List of Best Places to Work in IT; and Accounting Today ranked the firm No. 5 on Top 100 Firms List.
In 2014, the firm was recognized by Working Mother magazine as a Working Mother Company of the Year for 2014, putting the firm in the Top 100 list for the eighth consecutive year. The firm also received the publication’s Candidate Experience award; the firm also joined the 2014 Microsoft Dynamics Inner Circle, President’s Club; was named as a finalist in the American Business Awards’ 12th Annual Competition; was named as one of the Best Companies in Massachusetts for Working Moms; and was ranked by Accounting Today as fifth on its annual list of Top 100 firms for the eighth consecutive year.
Team RSM
RSM US sponsors three professional golfers: PGA Tour professionals Zach Johnson, Chris DiMarco and Davis Love III.[5] It also sponsors a PGA Tour event, the RSM Classic.
References
- ↑ Accounting Today http://digital.accountingtoday.com/accountingtoday/top_100_firms_supplement_2014#pg15
- ↑ "Accounting firm McGladrey shifts HQ to Chicago". Chicagobusiness.com. Retrieved 2014-01-23.
- ↑ "McGladrey to Rebrand as RSM". Accountingtoday.com. Retrieved 2015-07-17.
- ↑
- ↑ "McGladrey Inks Deal with PGA TOUR Veteran Davis Love III Makes Team RSM a Foursome" (Press release). McGladrey. July 6, 2010. Retrieved 2014-03-07.