RSM US LLP is an audit, tax, and consulting firm focused on the middle market in the United States and Canada and is a member of the global accounting network RSM International. It is the fifth largest accounting firm in the United States[1] and employs more than 17,000 professionals across 93 cities nationwide and in Canada. RSM US also maintains offices in India and El Salvador. Since 2012, RSM US has been headquartered in downtown Chicago.
Through RSM International, the firm brings together more than 51,000 professionals from over 800 offices located in more than 123 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.
RSM US LLP's headquarters at 30 South Wacker tower of the CME Center.
Legal structure
Beginning in 1999, through a 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 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.
$3.67 billion USD (2022)
