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Bowl Leader
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Bowl Leader
Anyone in FP&A hiring?
What is a look back analysis?
Community Builder
how much harder is banking then valuation?
Any KPMG FDD associates willing to chat?
Community Builder
Best practices to avoid burning out in FDD?
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Feel like it’s been going downhill for 2-3 years and people have been echoing this on here for a while. There’s always a few who defend the practice in posts like these by commenting “I’ve liked it” or “I like my team” but by and large, it’s a bunch of Ne'er-do-wells who are at the helm and most people are unhappy
I heard baker tilly is going to buy RSM next
Community Builder
I heard Crowe is going to absorb them. Is RSM even top 10 anymore?
Mentor
Agreed. There has been a lot of turnover recently and will likely continue. We’re falling behind big 4 and even other MM competitors.
OMG
Everyone is an alarmist!
RSM hit $10 billion in global revenue for 2024 making it the 6th largest firm internationally and $4 billion in the US making the 5th largest firm in the US.
BT and MA combined have revenue a little more than $3 billion.
Crowe was $1.3 billion in the US (March 2024) and a little less the $6 billion internationally.
I'd bet that RSM is doing ok. They aren't a sinking ship. They aren't on the chopping block. There isn't a fire sale on the table with another firm.
I've never worked for RSM, not even a fan. Just saying, they're a good firm.
Believe the OP guys. Rsm is bad in terms of leadership.
It's a great firm but losing a LOT of talent right now. Boomer partners are squeezing the business and setting it up for some sort of sale..maybe IPO or PE but they need to get the two years of good financials in place beforehand (rev growth + margins expansion) for a nice exit multiple. The employees are feeling it now. In tax I've seen young partners and hot shot senior managers leave on East Coast.
Enthusiast
Another sale would be very interesting after the H&R split. I have no inside information, but just an interesting business decision if so
I’ll gladly take someone’s job if they leave RSM.
they do decent in middle markets
typically do better on pricing than big 4
You know it’s bad when RSM FDD is worse than GT
True haha
I can refer to GT! DM
It’s happening everywhere - squeezing the business and focused on profits.