RSM McGladrey
Encyclopedia
McGladrey is the 5th largest accounting firm in the United States
by revenue and a member of the global accounting network RSM International
.
The firm has more than 8,000 employees across 85 offices nationwide providing assurance
, tax
, and consulting services. Through the McGladrey Alliance, the firm brings an affiliation of 93 independent accounting firms with 208 locations in 42 states and Puerto Rico. RSM International brings together more than 27,000 professionals from over 680 offices located in 67 countries.
, McGladrey operated under two separate legal entities:
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 will acquire all employees, assets, and infrastructure from RSM McGladrey. The deal is expected to close in the fall of 2011.
In 2009, McGladrey was named for the second consecutive year as one of the Best Places to Launch a Career by BusinessWeek, primarily because of its flexible work environment initiatives and comprehensive training program.
In 2010, for its fourth consecutive year, McGladrey was ranked fifth by Accounting Today on their list of Top 100 firms. The publication also ranked McGladrey No. 5 on the list of "Leaders in A&A" and "Leaders in Tax." In addition, McGladrey was ranked No. 2 in "Pacesetters in Growth" list, which was determined by percent change in revenue.
, Chris DiMarco
, Davis Love III
, and LPGA Tour Professional Natalie Gulbis
.
In addition, they also sponsor a PGA Tour Event, the McGladrey Classic
.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
by revenue and a member of the global accounting network RSM International
RSM International
RSM International is a professional services network. It is the 6th largest accounting network of independently owned and managed accounting, auditing and tax firms with over 700 offices in 80 countries....
.
The firm has more than 8,000 employees across 85 offices nationwide providing assurance
Assurance services
Assurance service is an independent professional service, typically provided by CPAs, with the goal of improving the information or the context of the information so that decision makers can make more informed, and presumably better decisions...
, tax
Tax
To tax is to impose a financial charge or other levy upon a taxpayer by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many subnational entities...
, and consulting services. Through the McGladrey Alliance, the firm brings an affiliation of 93 independent accounting firms with 208 locations in 42 states and Puerto Rico. RSM International brings together more than 27,000 professionals from over 680 offices located in 67 countries.
Legal Structure
Through a 1999 partnership with H&R BlockH&R Block
H&R Block is a tax preparation company in the United States, claiming more than 22 million customers worldwide, with offices in Canada, Australia and the United Kingdom. The Kansas City-based company also offers banking, personal finance and business consulting services.Founded in 1955 by brothers...
, McGladrey operated under two separate legal entities:
- McGladrey & Pullen, LLP
- RSM McGladrey, Inc.
McGladrey & Pullen operated under the traditional partnership structure
Limited liability partnership
A limited liability partnership is a partnership in which some or all partners have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP one partner is not responsible or liable for another partner's misconduct or negligence. This is an important...
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 will acquire all employees, assets, and infrastructure from RSM McGladrey. The deal is expected to close in the fall of 2011.
Firm Accolades
In 2009, McGladrey was named to Working Mother’s Top 100 Companies list for the third time. The firm was listed as a “pacesetter in growth” as a part of the 2008 Accounting Today Top 100 firm rankings, ranking fifth in revenue growth.In 2009, McGladrey was named for the second consecutive year as one of the Best Places to Launch a Career by BusinessWeek, primarily because of its flexible work environment initiatives and comprehensive training program.
In 2010, for its fourth consecutive year, McGladrey was ranked fifth by Accounting Today on their list of Top 100 firms. The publication also ranked McGladrey No. 5 on the list of "Leaders in A&A" and "Leaders in Tax." In addition, McGladrey was ranked No. 2 in "Pacesetters in Growth" list, which was determined by percent change in revenue.
Team McGladrey
McGladrey sponsors four professional golfers: PGA Tour Professionals Zach JohnsonZach Johnson
Zach Johnson is an American golfer, winner of the 2007 Masters Tournament.Zach Johnson may also refer to:* Zack "Jick" Johnson, one of the creators of Kingdom of Loathing* Zachary Johnson, former drummer for The Fray...
, Chris DiMarco
Chris DiMarco
Christian Dean DiMarco is an American professional golfer who plays on the PGA Tour. DiMarco has won seven tournaments as a pro, including three PGA Tour events.-Early years:...
, Davis Love III
Davis Love III
Davis Milton Love III is an American professional golfer.Love was born in Charlotte, North Carolina. He attended the University of North Carolina before turning professional in 1985. He earned his PGA Tour card in the fall of 1985, on his first attempt. He quickly established himself on the PGA...
, and LPGA Tour Professional Natalie Gulbis
Natalie Gulbis
Natalie Anne Gulbis is an American professional golfer of Latvian descent who plays on the U.S.-based LPGA Tour.-Golf career:...
.
In addition, they also sponsor a PGA Tour Event, the McGladrey Classic
McGladrey Classic
The McGladrey Classic is a golf tournament on the PGA Tour named for its main sponsor, McGladrey, an accounting, tax and business consulting firm. It had its first playing in October 2010 in St. Simons Island, Georgia at the Sea Island Seaside Golf Club...
.