United States

Accounting Today Ranks McGladrey Wealth Management No. 3 on List of Firms by Assets Under Management


CHICAGO, IL – McGladrey Wealth Management LLC, an SEC-registered investment advisor owned by McGladrey LLP, was recently ranked by Accounting Today as No. 3 on its annual list of Top Billion Dollar Club Firms by Assets Under Management (AUM).

The publication’s “Reaching Out” report shows that wherever the CPA financial planners on this year’s list of the Top Firms by AUM look, they’re discovering volatility and uncertainty that will affect their clients. Whether it’s the irresolution of the economic crises in Europe, or the uncertainty surrounding governmental and regulatory policy in the U.S., or the growing concern over the growth prospects of the developing world, the economic environment is grim. That makes markets jittery and confused, even as returns dwindle and once-reliable investment vehicles fail to deliver the way they used to.

The ‘Wealth Magnets’ are working on all of these issues by paying close attention to the news and the markets, seeking out or developing new investment vehicles, and closely monitoring and carefully tweaking their strategies to keep their clients’ financial plans on track.

“Clients today are concerned about increasing tax rates, federal deficits, health insurance changes, and rising medical and college costs,” said Randy Matz, wealth management practice leader for McGladrey Wealth Management. “Being ranked No. 3 of this list shows that McGladrey Wealth Management truly understands our clients’ needs, and that we have the experience to help them manage their assets during challenging economic times.”

Accounting Today received submissions for the 2012 AUM rankings from 192 CPA firms with financial planning practices or subsidiaries, compared to 186 last year. The Billion Dollar Club includes 16 members.

About McGladrey Wealth Management
McGladrey Wealth Management LLC provides investment advisory services, financial planning and other wealth management services to individuals and businesses. McGladrey Wealth Management LLC is an SEC-registered investment advisor. McGladrey Wealth Management's parent company and sole member is McGladrey LLP.

About McGladrey
McGladrey LLP is the fifth largest U.S. provider of assurance, tax and consulting services, with more than 6,500 professionals and associates in 75 offices nationwide. McGladrey is a licensed CPA firm, and is a member of RSM International, the sixth largest global network of independent accounting, tax and consulting firms. For more information join our Facebook fan page at McGladrey News, follow us on Twitter @McGladrey and/or connect with us on LinkedIn.


Terri Andrews
Director, National Public Relations



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