EY folks - do you believe the split would add value to the consulting arm? Curious to hear the insight of both EY and EYP ppl as I’ve been hearing some mixed responses EY EY-Parthenon

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It adds a shitload of money to Partner’s bank account!

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It provides equity which may or may not be worth a lot, at the expense of relative secure future cash flow. It’s definitely a nice payout for partners but it comes at a cost.

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It will open up tech consulting... We audit Oracle, Sales force, Google, Amazon,. An outsourcing arm is also on the cards I think.

Negatively affected staff should just move, maybe back to EY once we start a consulting arm again.

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We will dominate the advisory spaces where we play. Be very afraid of us!

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Limited to no independence restriction.

Would EYP and EY advisory become one? Or would EYP still be kind of separate?

Agreed. Why would NewCo pay advisory folks EY-P rates. Makes no sense and is not even possible given differences in pricing power.

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