RSM US

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RSM US LLP
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 Increase $1.85 billion USD (2016)
Number of employees
9,000
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 86 cities nationwide providing audit, tax, and consulting services. Through the RSM 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 41,000 professionals from 760 offices located in more than 120 countries.

History[edit]

Legal structure[edit]

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 LLP. 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).


Team RSM[edit]

RSM US sponsors three professional golfers: PGA Tour professionals Zach Johnson, Chris DiMarco and Davis Love III.[4] It also sponsors a PGA Tour event, the RSM Classic, and European Tour players Paul Lawrie and Andy Sullivan.

References[edit]

  1. ^ Accounting Today http://digital.accountin gtoday.com/accountingtoday/top_100_firms_supplement_2014#pg15
  2. ^ "Accounting firm McGladrey shifts HQ to Chicago". Chicagobusiness.com. Retrieved 2014-01-23. 
  3. ^ "McGladrey to Rebrand as RSM". Accountingtoday.com. Retrieved 2015-07-17. 
  4. ^ "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. 

External links[edit]