February 17, 2017
Marcum LLP's SEC Practice Group Tops List for Fastest Growing National Firms
New York City, NY - Marcum LLP continued its growth trend in net new SEC clients in 2016. The national accounting and advisory firm completed the year with 10 net new SEC clients, making it one of the two top-finishers for the 12-month period. According to Audit Analytics, Marcum was the fastest growing firm by a significant margin once the totals are adjusted for firm mergers and acquisitions.
The annual result capped a strong year for Marcum, which outperformed the accounting industry in both net new SEC clients and IPO market share in the first half of 2016. The third quarter was also a stand-out, with Marcum retaining its lead in IPO market share.
The Firm's 2016 showing continued the momentum that Marcum's SEC Services Practice group experienced in 2015, when Marcum was the only accounting firm in the U.S. to register four consecutive quarters of growth.
"Marcum is proud to be the firm of choice for new registrants and small cap growth companies seeking an experienced partner with deep resources to perform their audits, conduct due diligence, and advise them in navigating the IPO process," said David Bukzin, partner-in-charge of the Firm's SEC Services Practice. "As we see at the Marcum MicroCap Conference every year, young companies are still turning to the public markets for their next phase of growth, and Marcum is well positioned to help them meet their compliance and financial reporting obligations and prepare to operate successfully in a regulated environment."
The 2017 Marcum MicroCap Conference will take place June 15-16 at the Grand Hyatt Hotel in New York City. Since its launch in 2012, this event has become a nationally recognized forum for publicly traded companies with less than $500 million in market capitalization to network with fund managers and high net worth investors who focus on small cap equities. For registration and sponsorship information, visit www.marcummicrocap.com.
Marcum is a registered Public Company Accounting Oversight Board (PCAOB) firm. Marcum's Assurance Division provides the most up-to-date service and guidance on SEC accounting and reporting issues. Services include Financial Statement Audits in accordance with PCAOB standards; Tax Compliance and Advisory Services; Due Diligence; Agreed-Upon Procedures and Other Attest Work; Internal Audit Services; Sarbanes-Oxley Section 404 Compliance Services and Software; Technical Accounting Assistance; and IPO Assistance.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.