Marcum LLP was founded by Edwin Marcum and Edwin J. Kliegman.
The accounting and advisory firm was established in 1951 in Flushing, New York, by the two partners. Initially a small operation, the firm, then known as Marcum & Kliegman, grew significantly over the decades.
The Genesis of Marcum
The establishment of Marcum by its co-founders laid the groundwork for what would become a major national accounting and advisory firm. Their vision in the mid-20th century in New York set the stage for the company's long-term success and expansion.
To summarize the foundational details:
| Aspect | Detail |
|---|---|
| Founders | Edwin Marcum, Edwin J. Kliegman |
| Location | Flushing, New York |
| Year | 1951 |
Growth and Evolution
From its humble beginnings, Marcum experienced substantial growth. Approximately 30 years after its founding, the firm was still relatively small, operating with six people and generating $300,000 in annual billing. However, this foundation allowed for exponential expansion. In subsequent years, the firm's revenue saw immense growth, reaching 4,000 times that initial annual amount, signifying its transformation into a prominent player in the accounting and advisory sector.
