Alvarez & Marsal Are AlixPartners and Alvarez & Marsal true partnerships - do they give shares or equity like some of the competitors or is more a comp model?

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Lol what’s D1 on about?:

AP and A&M - “yes we both have real equity components in pay as well as cash”

D1 - so if you don’t have equity how are you incentivised to do your jobs

AP and A&M :”….we have equity”

D1 - you are complacent! No skin in the game if you aren’t getting paid purely in equity

likefunny

I hope OP doesn’t become an MD at A&M

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😆

OP, the A&M model is slightly different from AlixPartners - A&M definitely is a normal partnership with equity/shares. Yes there is skin in the game. What you don’t have is a ridiculous big4 type pension. Two sources of A&M income are percentage of revenue and dividends of sorts, the latter may vary on business units. Different business units can have different share values.

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EY-P1, Does A&M using a tiering or band structure for its MDs (equity partners)? Do A&M MDs get to acquire more shares/equity each year if they are solid performers?

We are a true partnership. Every MD is an equity partner and has ownership in the firm

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No they are two different things. You have your cash comp and you are offered to buy equity in the firm. They are ways of financing the equity over time

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Yes we get equity.

I feel like I have a ton of skin in the game, but okay.

The ownership structure is PE + Jay Alix + the MDs + other staff equity.

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Equity $$$$

No it isn’t shadow equity

AP1 and AM1 - Outside of having no “skin in the game”, what would you both say drives ownership in this heavier Cash Comp structure - asking about a push to get MDs and leaders out there to drive BD and revenue $s?

Cash comp comes with complacency!

There’s some hierarchy, but a “junior” rainmaker will out-earn a “senior” steady-as-it-goes type.

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EYP1- can you elaborate ? How is the A&M model (normal partnership, as stated) diff from AP ?

Does Alix do % of revenue/cash collected?

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