RSM Surpasses Big Four in UK Partner Pay

The accounting firm RSM has reported record pay for its UK partners, with average earnings now exceeding those at some of the industry's largest global competitors. RSM, considered a major "mid-tier" firm, announced its average profit per equity partner reached £821,000 for the past financial year. This figure surpasses the equivalent average pay for partners at EY, one of the "Big Four" giants that dominate the industry. The result highlights RSM's strong recent performance and the competitive market for top talent in professional services. It also signals a shift where leading mid-tier firms can rival the largest players in key financial measures. Equity partners own a share of their firm and receive a portion of its profits. The Big Four—Deloitte, PwC, EY, and KPMG—are traditionally viewed as the sector's most profitable groups. RSM's growth comes amid ongoing scrutiny of the audit market and efforts to increase competition. The firm's rising profitability strengthens its position in the industry.