RSM celebrates one year in Canada

Culture of opportunity at RSM Canada continues to challenge the industry status quo

RSM, the leading global provider of audit, tax and consulting services focused on the middle market, is pleased to celebrate its first anniversary of entering the Canadian market. 

On December 1, 2017, RSM announced the launch of RSM Canada with an office of nearly 300 people serving the middle market from the heart of Toronto’s financial district. 

Since the launch one year ago, RSM Canada has grown from 290 to 370 people in its Toronto office. It has also added more than 230 people in three new locations in Calgary, Edmonton and Red Deer. This has enabled the firm to provide clients with access to international resources along with a ‘local touch.’ The firm has achieved proforma revenue of approximately C$100 million for the four offices combined.

“We made the decision in our first year to focus our efforts on our people, their development and experience and making this a destination for top talent in Canada’s tax, audit and consulting industry,” said Harry Blum, managing partner, RSM Canada. “We never imagined we’d see this level of growth in our first year, and clients are taking notice of the exceptional people we’re bringing in.”

RSM’s Canadian clients have benefitted significantly from the new services it is able to offer since joining the global firm. In the last year, RSM Canada has honed its capabilities across its three service lines, allowing the firm to provide clients with expertise in a variety of industries, including real estate, business and professional services, energy, agriculture and not-for-profit. 

As a member of the RSM global network, RSM Canada has thrived from the resources the network has been able to provide both its people and its clients. “Our level of collaboration with our international colleagues far exceeds that of any other global firm. Our clients are theirs and vice versa. We never make geography an issue,” said Blum.

Achievements over the past year include:

• Launch of three Alberta offices in Calgary, Edmonton and Red Deer
• Launch of The RSM Canada Alliance, a premier affiliation of independent accounting and consulting firms in Canada—a first-of-its-kind in the Canadian financial industry
• Growth in the Toronto office from 290 people to 370 people 
• Record low turnover rate, record high recruiting
• Proforma revenue of approximately C$100 million
• Announcement of new service lines and expertise, including management consulting, NetSuite and technical accounting consulting, and expanded industry focus to include energy and agriculture