RSM US
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 11,000 across 86 cities nationwide and in Canada.
| Type | Limited Liability Partnership |
|---|---|
| Industry | Professional services |
| Founded | 1926 (as IB McGladrey Company) |
| Headquarters | One South Wacker Chicago, Illinois, U.S. |
Area served | United States |
| Services | Audit Tax Consulting |
| Revenue |  $2.44 billion USD (2019) |
Number of employees | 9,979 (2019) |
| Website | rsmus |
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.
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.[3] 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/
- "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.