Marcum, a national accounting and advisory services firm with a significant presence in Hartford, has merged with Frost, Ruttenberg & Rothblatt, P.C., a full-service accounting firm with offices in Chicago and Deerfield, Ill. The merger became effective Nov. 1.
The transaction marks the first entry into the Midwest market for Marcum, which has 17 other U.S. offices on the East and West Coasts, plus six abroad. Twenty-one Frost shareholders and principals and 90 professional staff have joined Marcum.
Jeffrey M. Weiner, Marcum’s managing partner, said, “Both of our firms have been serving clients for more than 60 years. In Frost we have found a team that brings additional depth to our service offering while giving Marcum a strategic presence in the center of the country.”
Marcum has Connecticut offices in Hartford, Greenwich and New Haven. As of Jan. 2015 Marcum had 125 staffers in Hartford, including 54 partners, according to the Hartford Business Journal’s Book of Lists. Nationally it employs 1,400 professionals, including over 180 partners, in 25 full-service offices in major business markets throughout the U.S., Grand Cayman and China.
