RSM Consulting Review 2023: All you need to know

Organizations face numerous challenges that demand strategic guidance and expert solutions. RSM Consulting, a prominent name in the consulting industry, stands at the forefront, providing comprehensive services to help businesses navigate complexities and achieve their goals.

There are numerous consulting firms that offer specialized services to assist organizations in achieving their goals. One such notable firm is RSM Consulting.

In this article, we will delve into the world of RSM Consulting, exploring its history, diverse range of services, industry expertise, and thought leadership, as well as its global network and commitment to corporate social responsibility.

Table of contents

About RSM Consulting

RSM Consulting is a leading global consulting firm renowned for its expertise in providing comprehensive business solutions to a wide range of clients.

With a strong commitment to excellence and a wealth of experience, RSM Consulting has established itself as a trusted advisor in the realms of finance, management, and technology.

The roots of RSM Consulting can be traced back to its establishment in 1967 in the United Kingdom. Founded with a vision to deliver exceptional consulting services, the firm has consistently evolved to meet the ever-changing needs of its clients.

Throughout its history, RSM Consulting has achieved significant milestones, marking its growth and success. From successful project implementations to prestigious recognitions, these milestones demonstrate the firm’s commitment to excellence and client satisfaction.

 Over the years, RSM Consulting has expanded its footprint and grown its capabilities, serving clients across various industries.

With strategic investments and a dedicated team, the firm has positioned itself as a trusted partner for organizations seeking to overcome business challenges and drive sustainable growth.

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What is the Mission of RSM Consulting?

The primary mission of RSM Consulting is to empower organizations and individuals to thrive in an ever-evolving business landscape. By offering tailored strategies, innovative insights, and practical solutions, RSM Consulting aims to enhance the performance, profitability, and sustainability of its clients.

Through a collaborative approach, the firm strives to build enduring relationships that foster growth and success.

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Who owns RSM Consulting?

Founded by Ira B. McGladrey in 1926, RSM Consulting operates under a partnership structure, ensuring collective decision-making and shared responsibility among its partners.

This structure which is led by its CEO, Jean Stephens, fosters a collaborative environment where expertise is pooled, enabling the firm to offer comprehensive solutions and address complex challenges effectively.

What areas does RSM Consulting handle?

RSM Consulting provides a comprehensive suite of services designed to address the diverse needs of its clients. These services encompass various domains, including but not limited to:

  1. Audit and Assurance: RSM Consulting’s audit and assurance team conducts thorough assessments to ensure compliance with regulatory standards, identify potential risks, and enhance financial reporting accuracy.
  2. Tax Advisory: The firm’s tax specialists offer expert guidance on tax planning, compliance, and optimization, helping clients navigate the complexities of local and international tax regulations.
  3. Risk Management: RSM Consulting assists organizations in identifying, assessing, and mitigating risks by implementing robust frameworks, policies, and procedures tailored to their unique operational landscapes.
  4. Business Consulting: With a deep understanding of industry trends and market dynamics, RSM Consulting provides strategic advice, operational optimization, and transformational initiatives to drive organizational success.
  5. Technology Consulting: RSM Consulting recognizes the transformative power of technology. Its technology consultants assist clients in harnessing digital innovations, optimizing processes, and implementing secure and scalable IT solutions.

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What Consulting Services are offered by RSM Consulting?

  • Business strategy development

At RSM Consulting, businesses gain access to tailored strategies that align with their unique goals and market dynamics. The team works closely with clients to assess their current position, identify opportunities, and develop robust strategies that drive growth and profitability.

  • Operational efficiency improvement

RSM Consulting helps organizations streamline their operations and optimize efficiency. Through a comprehensive analysis of processes, technology, and organizational structures, the firm identifies areas for improvement and implements practical solutions that enhance productivity and reduce costs.

  • Supply chain optimization

In an increasingly interconnected world, supply chain optimization is critical for organizations to stay competitive. RSM Consulting offers supply chain expertise, enabling businesses to optimize logistics, reduce risks, and enhance customer satisfaction.

  • Mergers and acquisitions

RSM Consulting’s financial advisory services support clients in navigating complex M&A transactions. From target identification and due diligence to integration planning, the firm provides expert guidance at every stage, ensuring seamless transitions and maximizing value.

  • Transaction support and due diligence

When clients embark on significant business transactions, thorough due diligence is essential. RSM Consulting conducts in-depth assessments to identify risks, evaluate financial performance, and uncover potential opportunities, enabling informed decision-making.

  • Valuation services

Accurate and reliable valuations are crucial for various purposes, such as financial reporting, mergers and acquisitions, and shareholder transactions. RSM Consulting offers comprehensive valuation services, employing robust methodologies to determine the true worth of assets and businesses.

  • Risk assessment and mitigation

RSM Consulting helps organizations proactively identify and mitigate risks, safeguarding their assets and reputation. Through comprehensive risk assessments, the firm develops risk management frameworks and implements effective controls to protect against potential threats.

  • IT strategy and implementation

RSM Consulting helps organizations leverage technology to drive innovation and competitiveness. Through comprehensive IT strategies and efficient implementation plans, businesses can optimize their technology investments and unlock new opportunities.

  • Data analytics and business intelligence

In the era of big data, RSM Consulting empowers clients with data-driven insights. The firm assists in harnessing the power of advanced analytics and business intelligence tools, enabling informed decision-making and improved operational efficiency.

  • Cybersecurity and privacy

With the increasing prevalence of cyber threats, organizations must prioritize cybersecurity and protect sensitive data. RSM UK Consulting offers robust cybersecurity and privacy solutions, helping businesses identify vulnerabilities, implement protective measures, and respond effectively to incidents.

Which industries work with RSM Consulting?

RSM Consulting serves a diverse range of industries, including but not limited to manufacturing, healthcare, financial services, technology, and retail. This broad industry expertise allows the firm to understand the unique challenges and opportunities faced by different sectors.

RSM collaborates with clients in every conceivable sector of business, like the majority of professional service conglomerates. The complete list is available here, toward the bottom of the page.

Covering the industries with the most urgent present needs is more important to RSM (just like it is for other organizations) than providing complete industry coverage.

Many different types of RSM clients are turning to the company for advice on transition strategies as we begin to recover from the pandemic.

They actively engage with the wider business community by participating in industry events and conferences. By sharing their insights, experiences, and best practices, RSM consultants contribute to the advancement of the consulting profession and foster collaboration among industry peers.

Which countries does RSM operate in?

RSM Consulting has a strong international footprint, operating in numerous countries across the globe. With offices strategically located in major economic hubs, such as New York, London, Tokyo, and Sydney, the firm is well-positioned to serve clients regardless of their geographical location.

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Where are RSM Offices located?

The 800+ offices of RSM collectively serve 120+ nations. RSM offices can be broadly divided into two groups: domestic and foreign.

The following geographic divisions are used to further categorize regions on the global scale: Africa, Asia-Pacific, Europe, Latin America, North America, Middle East, and North Africa. Here, you may get a closer look at those places.

There are currently offices in 32 of the 50 states, according to RSM US. RSM Atlanta, RSM Bellevue, RSM Boston, RSM Dallas, RSM Denver, RSM Houston, RSM Minneapolis, and RSM San Diego are a few of the more well-known ones.

What is RSM International?

RSM Consulting is part of the RSM International network, one of the largest global accounting, tax, and consulting networks. This affiliation enables RSM to leverage the collective knowledge, resources, and capabilities of a global network, delivering seamless services to clients operating internationally.

The global network provides RSM Consulting with a competitive edge, allowing the firm to tap into diverse perspectives and best practices from around the world. By collaborating with other RSM international member firms, RSM enhances its ability to solve complex problems and deliver innovative solutions.

It has leveraged its global network to facilitate cross-border projects, providing clients with comprehensive support and guidance as they navigate international markets and regulatory landscapes.

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How many people work at RSM Consulting?

Complementing the leadership is a highly skilled and specialized team of consultants at RSM. With a deep understanding of industry dynamics and a keen eye for emerging trends, they provide clients with valuable insights and practical recommendations that drive tangible results.

RSM Consulting boasts a highly skilled and diverse workforce, comprising professionals with vast expertise across various disciplines.

With a global talent pool of over 57,000 employees, the firm is well-equipped with a highly skilled and diverse workforce, comprising professionals with vast expertise across various disciplines, to deliver high-quality services to clients worldwide.

They boast of a dynamic and experienced executive team that sets the strategic direction and upholds the firm’s values. Their collective expertise and vision contribute to the firm’s success in delivering top-tier consulting services.

The leadership team at RSM Consulting comprises industry veterans who bring a wealth of experience and insights to the table. From diverse backgrounds and areas of expertise, these leaders steer the firm toward innovation and client-centric solutions.

What is the work Culture of RSM Consulting?

The RSM culture will vary by location and office, so we’ll once more double-click into RSM US. The company takes pride in having a flexible culture. This is more crucial than ever, particularly since that many individuals are still working from home.

At RSM, flexibility means that your life is more than just your job. The company makes an effort to support a healthy work-life balance. At RSM, you may anticipate accountability and freedom at work right away.

However, you’ll find institutional and informal resources everywhere to support your acceleration. RSM’s upper management is trustworthy, moral, and open.

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What are the benefits of working in RSM?

RSM perks are appealing in many different categories. According to industry standards, the company provides typical, comprehensive health insurance coverage. RSM’s 401K plan also has a company match and a built-in 529 college savings plan (for the kids) that are both beneficial from a financial planning standpoint.

Additionally, there are bonuses, albeit their exact structure may vary over the course of your RSM career according to your level and performance. The celebration of peer recognition is distinct to RSM.

The RSM Accolades program provides a forum for staff members to compliment one another on a job well done. Similar to credit card points, the Accolades program’s rewards can be exchanged for a variety of items.

In terms of staffing, RSM doesn’t employ any unique procedures that set it apart from other companies. For project sourcing, you can anticipate collaborating with the Internal Services team. As you get comfortable at the company, this process becomes more autonomous.

Does RSM conduct Interviews?

Interviews with RSM consulting are customized for the company sector you apply for. In contrast to a pure-play strategy company like Bain, BCG, or McKinsey, you can anticipate a slightly different procedure overall.

RSM has a screening team that recommends candidates for in-person interviews to hiring managers. After that, RSM arranges transportation to the workplace of your choice, where you can anticipate somewhere between 2-4 interviews.

There might be a few case-based questions included, but not as many as in a 45–60 minute MBB case. You’ll be asked specific questions about your past and reasons for applying for the position. RSM also wants to be sure that you are the correct fit for them.

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Is there an academic requirement for working in RSM?

RSM doesn’t disclose the precise list of schools it targets each year. However, the company does have a set of fundamental requirements for applicants.

First, you must have a 3.0 GPA or more, or the equivalent (if you have a lesser GPA and need assistance pitching your case to RSM, work with us on a resume edit).

A degree in accounting for applicants in the accounting field, or a degree in a similar field for candidates in the consulting field, can be an advantage for you as a recruit. Most importantly, RSM seeks persons who embody its principles. Respect, integrity, cooperation, excellence, and stewardship are some of these principles.

Can I do an Internship at RSM?

Even though the majority of RSM internships are currently virtual, the company has maintained the fundamental RSM internship experience. Across all business units and offices, RSM US frequently hires interns. Additionally, as an intern, you may anticipate that your internship will have various “pillars.”

First off, each intern goes through a thorough orientation process where they learn about RSM’s client service. The second is practical labor. Interns have the chance to work on actual deliverables and dive right in with real clients.

The intern events make up the third pillar. RSM invests a lot of effort into a variety of events, from business lunches and learns to after-work baseball tournaments. Mentorship is the fourth and final pillar.

RSM practitioners who assist with evaluation procedures including performance evaluations and full-time offer considerations are paired with RSM interns.

RSM US seeks interns who are between 12 and 18 months away from graduating. If you’re not among them, the company also provides an intense externship program.

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FAQs

Is RSM good for consulting?

Consulting professionals working at RSM have rated their employer with 4 out of 5 stars in 118 Glassdoor reviews

Is RSM a top 10 accounting firm?

RSM is the sixth largest accounting firm of the top 10 accounting firms in the world

Who are the clients of RSM?

startup entrepreneurs, private equity firms that are starting new companies, and established companies.

Is RSM a Microsoft partner?

a complete end-to-end Microsoft partner

Conclusion

RSM Consulting is a distinguished consulting firm that has gained recognition for its commitment to excellence, comprehensive services, and global reach. By aligning its mission with the evolving needs of clients, RSM Consulting continues to empower organizations to navigate complex business landscapes successfully.

With its talented workforce, expansive service portfolio, and strategic presence worldwide, RSM Consulting remains at the forefront of the consulting industry, delivering valuable solutions that drive growth and prosperity for its clients.

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