Are there any special funds for partners at the Big4? Afraid I have to sell off a ton of my stock portfolio once I join the partnerships?

Partners: where do you park your money?

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In the firm and s&p 500

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PWC, based on independence rules, if you’re a manager or above you are already a member of the firm and thus you likely would already be subject to rules regarding your holdings. They don’t generally get much more stringent at the partnership level, but there is some more rules for partners serving in the same office as the lead audit partner and if you’re in the chain of command. That being said, there is some return on partner capital and other cash left in the partnership, but it’s not designed as a substitute for an investment portfolio. Probably a little different for each firm.

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Depends on the office. I had to sell some stocks when I made partner, but they run your Checkpoint items under the partner level restrictions and give you a month or two to sell those positions. If I recall you had to be partner level independent by sometime in March before the July you are admitted.

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Some firms have programs that you can invest your excess cash in. Beyond that, I mostly use Index or industry target funds, since those are allowable.

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We have a safe list of ETF and brokers that we essentially keep clean to ensure you don’t need to sell appreciated securities due to independence issues. Schwab and WisdomTree are some of what I use in my personal portfolio.

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What’s up with people talking about withdrawing from retirement due to CARES Act and investing elsewhere?

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Hi-I have 120K in cash in HYSA. After keeping emergency fund aside. Still have 75-80K available that I plan to invest. After 401k, HSA, IRA and monthly expenses: we are left with 6K every month. So investing 12K every month in market. My worry is with that rate - it will take us 12-14 months to move the extra 75-80K mentioned above. However do not want to make a bulk move. Any advise how to plan the switch. At present have 60K invested in stocks. Thanks

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Which crypto coins are you putting your money in?

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Any realtor recs? Looking to buy in Seattle

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I have an expiring British Airways credit I need to use in January or February. Options are Lisbon, Paris, Rome and Athens. Anyone have thoughts on any of those in the winter/off season?

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How to best calculate the loss of value(diminished value)to my car due an accident? Insurance agency quoted a really lower amount.

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If u have a house under my name if i move it to an llc what happens? Do i refinance to prevent a due on sale clause?

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New to option trading, trying to create a protective put (cont)

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If you had to guess when oncycle will be, what would you say? I’ve heard funds were disappointed by participation rates and quality last time, so I’m curious to see if they can show enough discipline to wait this year.

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Anyone here have any information on where to invest your money apart from the firm's 401k match? New to investing and wanted to know where do other people invest since most of them wouldn't be investing in stocks directly.

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So my offer letter says I have return back the signing amount if I leave within a year. How does the math work-full rerun of 20k or post-tax deduction the any that I received ?

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24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

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How low were you able to get your student loan payments? I plan to pay as fast as I can, but I want the option for as low as possible for house buying purposes.

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What is the present value of a government pension? How does one calculate it? Trying to get a sense of weather it's worth moving over to Federal.

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Best long term investment strategy against inflation to get to a large nest in for retirement?

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I'm being interviewed for Senior Analyst in hsbc. Can anyone help me with the tax saving options available with HSBC? Like self education, communication, meal vouchers etc.

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Let’s say you have two young, high income partners in a couple who want to buy a house together but don’t really care to get married. They already live together in an apartment but both want to move to a house to build equity and have a yard, not share walls, etc. Should one partner buy the house and the other pays rent until they get married, or should they get a mortgage together without being married? I realize there isn’t a “right” answer but I’m interested in people’s experiences here.

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Hi Fishes,

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Who else is ready to see Jamie and her drama go? Although, I am pretty sure we‘ll see her on Paradise...!

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Thanks

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Anyone pack their lunch and if so what do you pack??

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Favorite arias from the Messiah, go!

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Additional Posts in Partner One

How did you find out what you want in life? Feeling lost mid-career..

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How much do MDs make? What is their comp structure like?

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All else equal, is it easier to become direct admit PP rather than promoted to that role from SM or MD? Seems less obstacles. Thoughts?

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Joined EY 6months back as a tech consultant. My feedback so far has been great. What should I do to get the company sponsor my mba? I haven’t initiated the talk yet

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Hiya! I was wondering if anyone here has any good recommendations in terms of books or learning material that I can pick up to learn about sales and marketing relevant to the consulting industry?

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Partner 🐠 - what are some traits of top candidates for final round partner interviews?

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/x-post from the Consulting Bowl/

Hello, Partners. Can anyone recommend fantastic courses, videos or training for a new manager like myself? I’ve come from a tech background and looking to be C-Suite

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A friend of mine is trying to return to work after 2 yrs of break. She is a CA with over 7 yrs of experience in Investment Banking and Debt syndication and is looking for opportunities in Bangalore.. Any leads would be helpful.
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(1/2) For those w/ technical backgrounds: how did you develop executive communication skills? I’m a year into MBB (post MBA) and have had really great reviews on client, problem, and team

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