McGladrey

McGladrey LLP

Type	Limited Liability Partnership Member firm of RSM International
Industry	Professional services
Founded	1926 as IB McGaldrey Co by Ira McGladrey
Headquarters	One South Wacker Chicago, Illinois, USA
Area served	United States
Services	Assurance Tax Consulting
Revenue	$1.47 billion USD (2014)
Number of employees	7,000
Slogan	Experience the power of being understood.
Website	http://www.mcgladrey.com

McGladrey LLP is an assurance, 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 more than 8,000 employees across 80 cities nationwide providing assurance, tax, and consulting services. Through the McGladrey Alliance, the firm brings an affiliation of 81 independent accounting firms with 150 locations in 47 states and Puerto Rico. RSM International brings together more than 32,500 professionals from over 700 offices located in 100 countries.

History

Legal structure

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]

Firm accolades

In 2011, McGladrey was named for the fourth 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.^[3]

In 2012, McGladrey was named to Working Mother’s Top 100 Companies list for the sixth consecutive year. 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 2013, for its eighth consecutive year, McGladrey was ranked fifth by Accounting Today on their list of Top 100 firms.^[4] The publication also ranked McGladrey No. 5 on the list of "Leaders in A&A" and "Leaders in Tax." McGladrey has also been 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 Johnson, Chris DiMarco and Davis Love III, and LPGA professional Natalie Gulbis.^[5] They also sponsor a PGA Tour event, The McGladrey Classic.

References