Has anyone went from a big 4 FDD advisory to Alvarez and Marsal ? Thinking of pursuing this as a exit opp but also have only been in my current role in FDD for less than a year. Is it to early to jump ship or should I try and stick it out?

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I recently made the move but haven’t been at A&M long enough to share any meaningful experience yet. However, I can tell you that with <1 year of FDD experience you’ll more than likely be brought on as an Associate (not a Senior Associate). Promotions aren’t quite as rigid as Big 4 though in terms of timeline, so if you’re comfortable you have enough deal reps you could probably prove yourself and get promoted quickly.

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Unfortunately that’s too dependent on who you ask, who you work for, and the luck of the draw with the deals you get. I’ve had plenty of Big 4 friends stuck on the 2am nights for months on end, others who logged off well before 6pm everyday, and plenty in between. Pretty similar story here as well.

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You’d be better off as a Senior at A&M than a Manager at PwC. That’s the best level to transfer over to A&M. The base doesn’t differ within each level since compensation is calculated at YE based on % of collections.

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