RSM US
Type | Limited Liability Partnership |
---|---|
Industry | Professional services |
Founded | 1926 | (as IB McGladrey Company)
Founder | Ira B. McGladrey |
Headquarters | 30 South Wacker Chicago, Illinois, U.S. |
Number of locations | 84 U.S. offices (2021) |
Area served | United States |
Key people | |
Services | Audit Tax advisory Management consulting Strategy consulting Financial advisory Risk consulting Legal |
Revenue | $2.7 billion USD (2020) |
Number of employees | 12,503 (2020) |
Parent | RSM International |
Website | rsmus |
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 fifth largest accounting firm in the United States,[1] employing more than 12,000 across 86 cities nationwide and in Canada.
Through RSM International, the firm brings together more than 43,000 professionals from 800 offices located in more than 120 countries.
History[]
The firm was founded in 1926 by Ira B. McGladrey (1883-1952) in Cedar Rapids, Iowa. McGladrey became a prominent figure in public accounting in Iowa, serving as President of the Iowa Society of Certified Public Accountants, chairman of the Iowa Board of Accountancy, as well as a member of the Rules Committee of the American Institute of Certified Public Accountants, the premier governing body for the field of accounting in the United States.[2] The firm continued to operate under some variant of the McGladrey name until 2015.
Legal structure[]
Through a partnership with H&R Block, McGladrey operated under two separate legal entities beginning in 1999:
- McGladrey & Pullen, LLP
- RSM McGladrey, Inc.
McGladrey & Pullen operated under the traditional partnership structure and offered audit and attestation 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 the conclusion of the partnership, divesting RSM McGladrey to McGladrey & Pullen and reuniting the firms in their traditional partnership structure. McGladrey & Pullen acquired all employees, assets, and infrastructure from RSM McGladrey. The deal closed on December 1, 2011.
On May 1, 2012, McGladrey & Pullen officially changed its name to McGladrey LLP. In July 2012, McGladrey shifted its headquarters from Bloomington, Minnesota to Chicago.
On October 26, 2015, McGladrey LLP changed its name to RSM US LLP as part of a worldwide rebranding of RSM International members.
Service lines[]
Audit & Financial Reporting Services[3][]
- Global Audit
- Public Company Audit
- Private Company Audit
- Employee Plan Benefit Audit
Tax Advisory Services[4][]
- Federal Tax
- Indirect Tax
- State & Local Tax
- International Tax Planning Strategies
- Credits and Incentives
- Tax Function Optimization
Consulting Services[5][]
- Strategy & Management Consulting
- Technology Consulting
- Financial Advisory
- Valuation Services
- Litigation & Dispute Advisory
- Financial Investigations
- Restructuring & Bankruptcy
- Risk Advisory
- M&A Transaction Advisory Services
- Technical Accounting
Awards and recognition[]
2021 [6][]
- Accounting Today ranked RSM the fifth largest accounting, tax and consulting services firm in the U.S.
- Great Place to Work® named RSM one of the 2021 Best Workplaces in Consulting & Professional Services™
- Great Place to Work® and Fortune named RSM one of the 2021 100 Best Companies to Work For®
- RSM recognized as Best Tax and Audit Service Provider by
- RSM received Handshake’s Early Talent Award
- RSM recognized on America’s Best Tax and Accounting Firms 2021 list by Forbes
- RSM recognized on Human Rights Campaign’s 2021 Corporate Equality Index
- RSM was named a Cisco Gold Partner
Sponsorships[]
RSM US LLP is title sponsor of The RSM Classic, a PGA Tour event that takes place at Sea Island, Georgia in November of each year. The firm also sponsors professional golfers: PGA Tour professionals Zach Johnson, Abraham Ancer, Chris Kirk, and Davis Love III along with senior circuit golfers Colin Montgomerie and Davis Love III. It also sponsors European Tour players Paul Lawrie and Andy Sullivan.
References[]
- ^ Accounting Today https://www.accountingtoday.com/data/top-accounting-firms
- ^ Iowa City Press-Citizen https://www.newspapers.com/clip/31714394/obituary-ira-b-mcgladrey/
- ^ "Audit - Financial reporting services for global middle market | RSM". rsmus.com. Retrieved 2021-07-15.
- ^ "Tax advisory and compliance services | RSM". rsmus.com. Retrieved 2021-07-15.
- ^ "Consulting - Advisory services for middle market business | RSM". rsmus.com. Retrieved 2021-07-15.
- ^ "Awards and Recognitions". rsmus.com. Retrieved 2021-07-15.
External links[]
- Accounting firms of the United States
- Companies based in Chicago
- Consulting firms established in 1926
- RSM International