{ "_id": "5902937c77e26a00105a5bd9", "_isBlocked": false, "creationDate": "2017-04-28T00:57:32.433Z", "categories": [], "description": "Partner 1 and other Partners offer their sage advice.", "relatedCrowdIds": [ "552d1d24dc1c586b09d2d051", "564a5cdb94887803001dd07c", "5e4bca4d473da1001b53cb24", "63c7b55b3b4cbc0052c7df17" ], "fishIconColor": "4c28ff", "hideNumberOfUsers": false, "iconUrl": "https://dslntlv9vhjr4.cloudfront.net/bowls_images_2/8H7o6ZZsCEGE8.jpg", "rectangleIconUrl": "", "isLocked": false, "isCommentsEnabled": false, "isPublic": false, "handleUrl": "partner-one", "isVisible": true, "name": "Partner One", "networkingEnabled": false, "numberOfNetworkingUsers": 261, "numberOfUsers": 13252, "type": 2, "bowlType": "58e6c2e40ebdd20010849126", "bowlTypeName": "Professional Expertise", "background": { "from": "4622D2", "to": "0F71A6" }, "regions": [ "61891c8e2ca26eaffdf8d90f" ], "requestToJoinSettings": { "isJoinReasonRequired": false, "shouldRequestPhoto": false, "isMultipleChoiceEnabled": false }, "bowlTypes": [ { "bowlTypeId": "58e6c2e40ebdd20010849126", "bowlTypeName": "Professional Expertise" } ], "currentMonthPosts": 5, "joinMode": 0, "suggestedIndustry": { "_id": "552d1d24dc1c586b09d2d051", "name": "Consulting", "iconUrl": "https://dslntlv9vhjr4.cloudfront.net/crowd_images/q6ousBABT88sI.png", "crowdIconUrl": "https://dslntlv9vhjr4.cloudfront.net/crowd_images/KF6SyAmqgD6Ae.png" }, "noIndex": false, "lastView": "" }

Currently a SM at PwC which sits 2 formal layers before partner. Other consulting firms don’t really have this SM layer after Mgr. If I were to leave to move to another firm to get into the role befor… more

like

Is it possible to make partner or managing director without traveling? ERP implementations. I have been a top performer for many years but may need to leave the firm if this is a deal breaker. I don… more

like

I'm an independent sponsor and founder of a Salesforce IT consulting business. We are working towards our first acquisition by Q3 2027.

Currently, building our team of advisors and would to connect with season… more

like

EY - what is the salary for a newly promoted MD in consulting? I have heard 15 or 20% hike to a 350k number? Any guidance from anyone promoted last year will help. Thanks!

like

How much do MDs in big 4 tax make? I was told I’m 3 years away for MD or 5-6 years for partner. Thoughts on the comparisons?

likehelpful

How much savings did you all leave in your accounts after your first equity buy in?

like
like

With all the changes in the industry recently, what is the outlook on the traditional partnership model? Is it on life support?

like

How do you all think consulting will look in10 years from now?

like

I just left McKinsey after almost a decade in consulting (only career). Did 5 at b4, 2 spent at MBA and 3 years at McKinsey. I took a chance on a new opportunity that had seemingly high upside and muc… more

like

I finally did it!!! Was told I will be admitted to the partnership! Partners any advice on how should I spend my last ~2 mos as a Dir?

likeuplifting
Share this 🔥 post

WTS UK / Unity - thoughts on new UK challenger firms?

Ive not seen any practical competition from Unity Advisory yet, and now WTS are launching a new UK firm with similar sounding ethos. Some colleague… more

like

Lately I have seen a lot of leadership coaching ads popping up on various social media source. They talk about coaching on Leadership roles like VP, Director. Have anyone tried leadership coaching. Ho… more

like

On Partner track for 3 years smashing my numbers but just been told due to strategic pivot my case is now viewed as MD role only, not partner.

Am gutted, MD promo is on for this summer and would be a b… more

like

Any idea when are Advisory MD CRTs scheduled this year? If the CRT decision is to let go, what is the timing of layoff?

like

Anyone here get pulled out of the partner process at the last second. How did you recover? Did you leave or stick it out?

like

Did you end up paying more in taxes as a K-1 equity partner versus a W2 pre-partner? Overall, which status has more of a tax burden? Any other expenses to compare?

likehelpful

Any partners here who did NOT buy in to equity when it was offered? What were your reasons (e.g., vesting period too long, better opportunity cost elsewhere, unclear exit clauses)?

funnylike

For EYP, what are the key differences between equity vs non-equity partner? In terms of comp in the near-term 1-5 yrs

like

Can someone share the link to the EY partner bowl? Had to reset my account and lost access.

likefunny

If you had to do it over again, in this current market moment - would you still shoot for Partner in your firm/the consulting industry? Why or why not?

likeuplifting

Does anyone have experience working in West Monroe ? They have a role in a niche area that suits to me. Whats the culture, compensation structure for a principal

like

I’m a pessimist at heart - constantly second-guessing and underestimating the chances of a pursuit that I’m leading. I see my peers greatly exaggerate the chances the pursuit will close and also impac… more

like

What level is a Practice Area Director level at Boston Consulting Group (BCG) ?

like

Just made the cut! Any recommendations of good books / podcasts / thought materials to get inspired and kick-start the new chapter?

like

comp currently is about 264k. Netflix offer coming in around 850k (haven’t decided between stock and base. Currently working I think about 2 hours a day (came from consulting ) so the pace of current… more

likefunny

Seen a lot of folks moving to Grant Thornton / Stax. How is MD/Partner comp there in structure and in abundance?@

likefunny

How does compensation at the Partner level vary at a place like Chartis / ZS vs Big4?

A few of my peers have left to be Partners there and I’m wondering if I should throw in the towel as well

like

Any Tax partners in the bowl?
Spill the tea on your comp package — salary/base, bonus, equity grants, pension/retirement perks, or whatever else makes up total comp.

New partner vs. mid/senior level?

I … more

likehelpfulfunny

Can a retired partner remove his/her retirement funds from the pension plan?

Is that even a legal possibility?

likefunny

Hi folks, looking for some ballpark estimates. For a lateral hire BCG Senior MDP, what is the range of base, bonus, and yearly equity? Hearing about $750k base, 150%+ bonus, and equity on top of that … more

like

What’s 1-2 things you wish you did earlier in your career that would’ve been beneficial on your way to making and succeeding as a partner?

like

What’s the best way to evaluate the better path to partner when you are one level away? Specifically, when evaluating between staying at current company vs moving to another company, specifically a bo… more

like

Rainmakers are born, not made.

This becomes glaringly obvious during economically turbulent times such as these.

likesmart

At D the Principal / MD rank is largely the same in terms of hierarchy but with slightly higher lifetime comp for P. My question is do others have more or less of a two tier system than D ie is an MD … more

likesmart

I’ve heard avg. partner pay at big 4 (advisory practice areas) is $1M, is that skewed by senior partners and the median is much lower? Any one got an idea of what the median would be?

likesmartfunny

Hi all,

I’m setting up my own independent consultancy and would really value some grounded advice on day rates / retainers from people who’ve done this in the real world.

Background (high level):

• 20 years experience in SC man… more

like

Can someone share the average income of Grant Thornton new and tenured Partner? Is it comparable to the Big 4?

like

Dealing with low-burn background stress. It’s always there, gnawing away.

How do you all deal with it?

like

Do all equity partners (except those in public firms) get paid via a K-1? How massive is the tax hit when paying taxes in all states where the firm does business? Also, how big is the tax hit on havin… more

like
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to join this community on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal