Richter LLP

Richter LLP is one of the largest independent financial consulting firms in Canada. The firm offers accounting and business advisory services, primarily to public and privately owned mid-sized companies, entrepreneurs, and high net worth families. Headquartered in Montreal, with additional offices in Toronto and Chicago, it includes close to 60 partners and 500 employees.

Richter LLP
Founded1926
Headquarters
Montreal, Quebec
,
Canada
Number of locations
3 - Montreal, QC, Toronto, ON and Chicago, IL, USA
ServicesProfessional Services

Aboriginal Advisory Services
Auditing and Assurance Services
Business advisory and restructuring
Business Valuation
Corporate Financial Accounting
Cybersecurity
Digital transformation
Estate planning
Litigation support
Risk Management
Tax
Transaction advisory service
Transition planning

Wealth Management
Number of employees
500
Websitewww.richter.ca

In 2014, The Bottom Line magazine listed Richter as the ninth-largest accounting services firm in Canada.[1] The Financial Post also listed Richter in its annual listing of the Top 500 companies in Canada in 2010 (FP500).[2] In 2019, Richter ranked amongst the 500 most important companies in Quebec[3], according to Les Affaires.

The firm has been named one of Montreal's Top Employers[4] eleven times since 2008[5], a regional award for Canada's Top 100 Employers, as well as one of Canada's Top Employers for Young People[6] four times since 2010 and one of "Canada's Top Small and Medium Employers" in 2014, 2015 and 2019.[7] It was also selected as a Regional Winner, Quebec and Atlantic Canada, for Canada's Most Admired Corporate Cultures in 2010.

Services and Industries

Beyond accounting work, Richter specializes in wealth management, tax, internal audit, risk management and advisory services, business valuation, litigation support and forensic accounting, insolvency and restructuring, enterprise support, First Nations and Aboriginal advisory services, and estate planning.

Richter Family Office is one of Canada’s largest multi-family offices and was established in 2001.

Between its offices in Montreal and Toronto, Richter serves a variety of industries, including the innovation and technology sector, manufacturing and distribution, real estate and construction, and retail.

History

In 1926, Cecil Usher, a young graduate of McGill University, joined his friend, William Richter, to form an accounting practice in downtown Montréal. The firm has grown substantially in the years since; 2016 has marked the firm's 90th anniversary.

Like any business in operation for almost a century, Richter has greatly evolved over the years. Its history can be measured by a number of important milestones:

  • 1926: The firm was founded in Montreal, Canada. Its first corporate name was Richter, Usher & Vineberg. This changed a number of times over the years, eventually becoming Richter LLP in 2012.
  • 1962: Richter became the first independent accounting firm to sign a prospectus for a public offering in Canada.
  • 1971: Richter opened Richter & Partners, the firm's insolvency and corporate restructuring division.
  • 1990: The Richter Charitable Foundation was created and has since given almost $500,000/year to worthy causes and organizations in Canada.
  • 1998: Richter Consulting Inc. – the financial restructuring division for US companies – launches in the US, with an office in Chicago, IL.
  • 2001: Richter Wealth Management Inc. is founded – known today as Richter Family Office.
  • 2003: The firm joined RSM International (RSMi), the 6th largest network of independent accounting and consulting firms in the world.
  • 2009: The firm Chamberland Hodge joined Richter, which then became RSM Richter Chamberland.
  • 2012: The firm adopted a fresh image with a renewed branding, a reaffirmed personality and a simplified corporate name: Richter LLP.
  • 2013: SBLR, a Toronto firm, joined Richter.
  • 2013: The firm left RSM International. [8]
  • 2014: Richter opened a second Toronto office, this one focusing on restructuring and insolvency, risk management, security, and tax and transfer pricing.
  • 2016: Richter celebrated its 90th anniversary. The same year, the Toronto offices moved into its new location on Bay Street.
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References

Notes
  1. "Canada's Accounting Top 30" (PDF).
  2. "Rankings | FP500 | News | Financial Post". www.financialpost.com. Retrieved 2019-06-07.
  3. "500 most important companies in Quebec". https://www.lesaffaires.com/classements/les-500-plus-grandes-societes-au-quebec-2019/liste?oft_id=45617514&oft_k=gcEcc2W8&oft_lk=lXROlT&oft_d=636945723413400000&fpid=708390&m32_fp_id=6cfhyn&ctx=newsletter&m32_fp_ctx=DI_MASTER_Relational. Retrieved 2019-06-07. External link in |website= (help)
  4. "Montreal's Top Employers". www.canadastop100.com/montreal/. Retrieved 2019-06-07.
  5. "Awards and recognition". Richter. Retrieved 2020-02-12.
  6. "Canada's Top Employers for Young People". https://www.canadastop100.com/young_people/. Retrieved 2019-06-07. External link in |website= (help)
  7. "Canada's Top 100". http://www.canadastop100.com/sme/. Retrieved 2019-06-07. External link in |website= (help)
  8. http://business.financialpost.com/uncategorized/rsm-richter-to-join-ernst-young
  9. The Bottom Line. April 2011
  10. The Gazette (Montreal). October 20, 2008
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