What's Happening?
RSM US and RSM UK have finalized a new transatlantic partnership structure, set to take effect on January 1, 2026. This decision follows a nearly unanimous vote by partners from both firms, which are part of
the RSM International network. The partnership aims to align governance structures and enhance client service and growth investments. The combined entity will consist of over 23,000 professionals and generate annual revenues of $5 billion, with operations in the U.S., U.K., Canada, Ireland, India, and El Salvador. The partnership is part of a broader strategy to compete more effectively with larger firms and to support the evolving needs of clients in the middle market.
Why It's Important?
The formation of this transatlantic partnership represents a significant step in the global consolidation trend among top accounting firms. By aligning their operations, RSM US and UK aim to enhance their competitive edge and provide more comprehensive services to clients. This move is expected to facilitate quicker decision-making and investment in new technologies, such as artificial intelligence, which are crucial for staying ahead in a rapidly changing market. The partnership also opens up new opportunities for cross-border collaboration and talent development, potentially leading to increased client satisfaction and business growth.
What's Next?
The new partnership structure will involve a limited liability partnership that will serve a centralized governance role. While the firms will maintain their independence, the centralized governance is expected to streamline operations and enhance service delivery. RSM has hinted at the possibility of incorporating more firms into this structure in the future, which could further expand its global footprint. The focus will be on leveraging the partnership to achieve tangible client wins and to continue investing in innovative solutions that meet the evolving demands of the market.
