Company Research Report on RSM US LLP

Company Overview

• Name: RSM US LLP

• Mission Statement: To empower middle market companies worldwide to take charge of change and to deliver compelling, global solutions, rich, personalized client experiences, through agile, digital delivery models.

• Foundation Year and Founders: RSM US LLP traces its history back to 1926, when Ira B. McGladrey started his own accounting firm in Cedar Rapids, Iowa.

• Key People:

• Brian Becker - Managing Partner & CEO

• Bill Gorman - Chief Operating Officer

• Jiten Shah - Chief Financial Officer

• Donna Sciarappa - Client Experience Leader

• John Brackett - Chief Risk Officer

• Ty Beasley - Chief Talent Officer

• Patrick Vance - Consulting Leader

• Tony Urban - Tax Leader

• Joel Shamon - Enterprise Assurance Leader

• Stacy Dow - Financial Consulting Leader

• Sara Webber Laczo - Chief Communications Officer

• Andy Bosman - Chief Marketing Officer

• Tom Ferreira - Chief Global Officer

• Headquarters: No specific headquarters location mentioned in the provided information.

• Number of Employees: 64,000 globally.

• Revenue: US$9.40 billion as reported in their 2023 financial results.

• Known For: RSM is known as a leading global provider of assurance, tax, and consulting services to middle market leaders. The firm is a part of RSM International, a network of independent accounting and consulting firms. It is recognized for its unique middle market focus and personalized client service approach.

Products and Services

• Products and Services Offered:

• Assurance Services

• Tax Advisory

• Consulting Services

• Managed Services

• Risk Consulting

• Technology Consulting

• Business Applications, Strategy and Transformation

• Financial Consulting Services

• Restructuring, Risk Advisory, and Transaction Advisory

• Product Descriptions:

• Assurance and Audit: Providing financial statement attestation services.

• Tax Advisory: Inclusive of business tax advisory, private client services, and state and local taxation.

• Consulting: Industry-focused consulting services covering management and technology issues.

• Managed Services: Industry-focused suite of outsourced solutions and managed services.

• Risk Consulting: Solutions to help manage risk across enterprises.

• Technology Consulting: Focused on delivery models and emerging technologies for business transformation.

• Key Features:

• Focus on the middle market and providing tailored solutions that enhance business efficiency and growth.

• Emphasis on a digitally-enabled practice that leverages AI and advanced technology.

• Integrated global approach to address cross-border client needs.

Recent Developments

• Recent Developments:

• A strategic merger in South Africa and sustained development in Europe along with the addition of RSM Ebner Stolz in Germany.

• North America observed a 13% rise in fee income.

• MENA experienced a growth of 30%, while Asia Pacific grew by a strong 8%.

• Launch of an evolved visual brand in January 2024 to align with modern market dynamics.

• Introduction of 2030 Global Strategy targeting a doubling in revenue by 2030.

• New Products and Launches: No specific new product launches mentioned.

• New Features Added to Existing Products: No specific information about new features mentioned.

• Partnerships:

• Partnership with Tipalti, represented by winning the Global Consulting Partner of the Year Award.

• Collaboration with Additive to enhance tax service capabilities using Generative AI.

In conclusion, RSM US LLP continues to establish itself as a powerhouse in providing comprehensive professional services, characterized by its global reach and middle market focus. Moreover, the company's commitment to innovation and adaptation to changing market dynamics is reflected in its strategic initiatives and services offering.