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Marcum & Kliegman LLP and Rachlin LLP to Merge
Marcum & Kliegman LLP and Rachlin LLP to Merge - New Firm will be among the Largest, Independent Public Accounting and Advisory Services Firms in the Nation
By: Gordon Tepper
Two of the East Coast’s most prominent public accounting firms, New York-based Marcum & Kliegman LLP and Florida-based Rachlin LLP, will merge effective June 1, 2009. Effective with the merger, Marcum & Kliegman LLP will change its name to Marcum LLP and will be called Marcum LLP in the Northeast and MarcumRachlin, a division of Marcum LLP, in the South.
The merger brings together two highly respected accounting and advisory services firms, both among Accounting Today’s “Top 100 Firms,” and each with strong service niches— Marcum & Kliegman LLP in SEC registrants, alternative investment partnerships, and family office services and Rachlin LLP in the government, public and not-for-profit sectors, bankruptcy, and receiverships.
“This is a tremendous benefit for our clients, bringing together our shared commitment to the highest level of personal service and a depth of talent that is unique in the industry,” said Jeffrey M. Weiner, Managing Partner of Marcum LLP and Chairman/CEO of The Marcum Group. “We are now positioned to offer the experience and knowledge our clients have come to expect from a Top 20 firm with geographic coverage that spans the East Coast.”
The combined firm will have more than 800 professionals including 84 partners in 10 locations in New York, New Jersey, Connecticut, Florida, and Grand Cayman.
“Combining forces only enhances what we can do,” said Lawrence Blum, Managing Partner of MarcumRachlin. “This is an extraordinary development that will add new dimensions to the range of accounting and advisory services we can provide as well as new services including financial and investment services, information technology solutions and network security.”
MarcumRachlin will continue to offer nontraditional services including staffing and executive placement as well as marketing and graphic design. The firm will also continue to support the local community through its charitable foundation.
In addition to Marcum, the Marcum Group includes M&K Rosenfarb LLC, M&K InterNetworking Security Services LLC, M&K Executive Search LLC, M&K Financial Services LLC and M&K Investment Advisors LLC.
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About Marcum LLP
In addition to its core accounting, audit and tax services, Marcum LLP offers a multitude of comprehensive services including SEC compliance, information technology solutions, trust and estate planning and administration, financial and investment advisement, network security, back office support, personal financial management, litigation support, and forensic accounting. The Firm ranks 20th in the nation, according to Practical Accountant, 9th in New York City by Crain’s New York Business, and 1st on Long Island, according to Newsday and Long Island Business News. Additionally, MarcumRachlin, a division of Marcum LLP, was named among Accounting Today’s “Top 100 Firms” for 2009. For more information, visit Marcum online at www.marcum.com or contact Gordon L. Tepper at 631.414.4020 or via e-mail at gordon.tepper@