January 22, 2016
Long Island Business News interviewed Chicago Partner-in-Charge Rick Sgarlata and Melville Partner-in-Charge Carolyn Mazzenga for a feature profile on Marcum's growth and national expansion.
By Claude Solnik
A little more than a year ago, Frost, Ruttenberg & Rothblatt, a regional firm in Chicago with around 20 shareholders and principals and 90 professionals and staff, began looking to merge. After narrowing potential partners over nine months and following meetings in Chicago in April and New York in August, the firm last November joined Marcum.
Manhattan-based Marcum, which has 29 offices, including a large office in Melville, has been on a growth spurt.
It has grown from 130 partners to 200 and from 1,300 to 1,500 staff members since November and was ranked 16th nationwide based on revenues by Accounting Today in 2015.
"A lot of our clients had been expanding out of the Midwest to other states," said Rick Sgarlata, president of Frost, Ruttenberg & Rothblatt, now partner in charge of Marcum's Illinois region. "We realized we needed a more national presence."Click here to read a PDF version of the article >>