Grant Thornton - what reasons are there to choose Managing Director track over Partner track, specifically in advisory? Is the salary and workload vastly different?

like
Posting as :
works at
You are currently posting as works at

1st 5-10 years of partner is an investment. You make the big bucks after year 10. Not worth the stress of partner if you are above 45 if you have to retire at 60. MD has no retirement age and you can work till 70. I am speaking from what I know of KPMG, EY and PwC

like

At GT, if you are not a CPA, you earn the title of principal instead of partner. Of course comp is different - partners are not salaried, they get paid based on units they are responsible for (people). MDs are salaried. Workload is also different, MDs have higher utilization. Partners are tiered so you need to do more in order to move up the partner ladder. Sales, ability to sell the business, executive presence, etc, really are deciding factors.

like

Partners in Big 4 have to be CPAs - MDs not necessarily

like

Partners need to have CPAs, correct. Principals which also own equity in the firm, do not need a CPA. MDs can have either. Big 4 Partners are the only ones allowed to sign PCAOB statements and give final sign offs on financial statements

like

Sales goals and age

Age in what way?

Related Posts

How hard is a secondment with PWC from Dubai to Toronto/any where in Canada? Given that I’m Canadian, would it be easier? And for how long can it be? Im at a senior consulting level.

like

Thoughts about MBB offices in Doha? How’s the culture, WLB, range of projects, etc.?

like

Recently received an offer for Staff Software Test Engineer for Austin. YOE :11 yrs 150K, 10-20% bonus and 15K sign on and no rsu. Can someone tell me if this is a good offer?

likehelpful

Does anyone have insights into AON's New Venture Group? Thoughts on its prospect and work?

like

How’s the compensation difference between FDD vs FDD analytics? I know they would be about similar, but even so curious. Any preference between the two?

like

I recently moved to US from Georgia, I have team of developers and project manager in Georgia who are able to work remotely. Big advantage of this type of team is salary per hour because its quite low in Georgia rather than US. Because Im new here I dont have connections with businesses in this field, where can I find cofounders like this who will be interested in software development and finding clients for this team?

like

Thoughts on Levis, Lyft and cloud based company Alight IPOs?

like

29, Boston, $75k

like

Hello fishes...
Anyone knows about "Experian"
Is it product based or service company and is it a good company in terms of WLB and work culture.
Please suggest.

like

Hi All, can u please tell me What is the average salary package for a senior associate- financial accounting role at Tesco Bangalore ?

Hi DevOps Engineers,
Is 18LPA fixed a good package for AWS DevOps, YOE - 4

like

I am currently getting interviewed in Oracle. I have been told that there will be 4 rounds and 1 SG round. what does the SG mean?

like

Hi Fishes,

Anyone interviewed in Epam Anywhere as React Native Developer? What is salary range for 9 YOE.

Thanks.

like

Anybody waiting for TCS offer letter in this month

like

“Experienced Hire” with 7 years of advisory technology consulting. Possibly looking to switch firms. Have no idea if I’m in the range, over or under market level on comp. What’s a good going rate for base plus bonus range? Currently 150k base with about 25 in bonus, but the bonus has accelerators which puts me closer to 180/190 in total comp.

like

Hi, I wanted all your opinion I have got
offer from ADP & Thoughtworks almost
both are paying equal. Which company is
better from learning perspective, Job
security wise & benefits ? My skill set is
Automation Testing - Selenium Java.
Please let me know your inputs. Thanks in
Advance

like

What is the midpoint salary of Band 8?

like

Which one is best company to join considering CTC to be almost in same range. Volkswagen it, lemongrass, mphasis

like

Is notice Period negotiable in Optum?

like

More Posts

Did anyone join Accenture from Deloitte? If yes, then is it necessary to post/ mail form 13 to Deloitte office for PF transfer request? Mine got rejected once! If we have to post, then which address or email?Deloitte @

like

You know it has been a while when you forgot the combination to your gym lock... #fail

like

If anyone is interested in Accenture, DM me. (Please have your resume and list of roles ready.)

like

Do companies really check to see if you completed your degree from uni most employee I have worked for never really asked to see it ?

like

Been dating for a little over a year, but she hasn’t introduced me to her family yet. I don’t have any plans for thanksgiving this year, and she didn’t invite me to spend the holiday with her family (local). Is it still too early or is it a red flag?

likehelpful

Best podcasts, YouTube, TikTok, or um books for interview prep for consulting?

like

Going to Jamaica for a bachelor party Memorial Day Weekend...da hell do I wear?

Any illustrators here with a rep??

like

Recommendations on design services and places to buy furniture? We just bought a house and are looking at RH and Arhaus.

like

Has anyone here used infinite banking to fund their real estate investments? If so, could u share details about the policy design you got? Is there a way to tell how different insurance agents have different fees before engaging them in discussion?

like

Força, Chapecoense! 😔

like

May we all be the light to whomever we interact with today

like

Any reasonable monthly parking in Midtown?

like

Hello Fishers, Would like to know about company Aurigo it's culture , WLB , salary , growth . TIA .

like

Is CIPD a valuable certification? Is it appreciated in Europe only or US too? I have an opportunity to get it but not sure if knowledge is really up to date and worth time spent.

Is anyone an implementation manager at a start up? Trying to gauge how much comp is. 5 YOE

like

Any Telus EA’s want to provide salary bands?

like
like

What is the average hike in KGS?

like

Additional Posts in Accounting

has anyone ever left a company after taking tuition assistance without staying for the required time frame. did you pay back the full amount and if not, did they further pursue? asking for a friend

like

Is not being an acting senior your third year a problem? I feel like I’m one of only a couple.

like

Just joined the inclusion council in my office. Any good ideas for a fun office event??

like

Considering obtaining a CFE certification. Can anyone share their experience vs experience obtaining CPA? I’m already a CPA. I just want a comparison of study time requirement and difficulty of exam.

like

I'm completely burned out and looking at industry jobs. For people who left, do you recommend using a recruiter? They seem like a dime a dozen but I'm not sure if I'm missing out by doing it on my own

like

What are some good personal finance books?

like

Anyone have any good book recommendations around building passive income sources/building wealth?

like

The job I’ve been interviewing for told my recruiter they wanted to give me an offer, but needed a reference first. I’m not sure who to ask since then Deloitte would know I’m looking. Should (cont)

likehelpful

For those in advisory - what was your raise amount (in dollars) from staff 1 to staff 2?

like

What is the the vaccine mandate policy for EY and PwC?

likesmart

Received an email about contributing PTO to the Shared Leave Program. I feel for people in extenuating circumstances, but “donating” hours? Rubs me the wrong way. Set up a bereavement code instead!

like

Does EY pay for the CFE exam and Review course?

like

I am sooo done right now. It’s not the workload, it’s not the hours,it’s not the crazy clients without controls nor processes...[I love audit (yes, I am a nerd and yes, I have a life outside)] (cont)

like

Hoping for help w/ studying. TRANSACTION CYCLES?? I see inconsistent lists online and in books: (Revenue, Purchasing, Inventory, Payroll) vs (Sales, Purchasing, Payroll, Financing) vs....

like

Does utilization refresh every year July or is it cumulative?

like

Life is weird? I was thinking about switching companies, talked to a recruiter at rsm who reached out to me. We talked, and I gave him my resume. Haven't heard from him for 3-4 weeks and then I got a

like

11 pm on a Sunday and I’m still in the office. How are the rest of my 100hr week peeps doing?

likeupliftingfunny

What to do with free time after busy season?

like

Best Happy Hour DTLA?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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 view this conversation 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