News: Brokerage

Marcum & Kliegman merges with Rachlin

Marcum & Kliegman LLP and Florida-based Rachlin LLP merged on June 1. Effective with the merger, Marcum & Kliegman will change its name to Marcum LLP in the northeast and MarcumRachlin, a division of Marcum LLP, in the south. The combined firm will have more than 800 professionals, including 84 partners, in 10 locations in N.Y., N.J., Conn., Fla. and Grand Cayman. 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 in SEC registrants, alternative investment partnerships and family office services, and Rachlin 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 Weiner, managing partner of Marcum 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." "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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