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So what’s the new McK comp breakdown?
Fav intl ETFs?
Anyone here 40s never married, no kids?
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Some MD at BDO is a big 4 SM so yes it can be like that.
What you say is 1000% true, although I was an MD pre esop and bailed right after as the writing had been on the walls for a awhile at that point
BDO has also been desperate to promote or hire in PMDs after a mass exodus of them post-selling out to PE. A lot of MDs and young partners got absolutely screwed out of the carrot they'd been chasing when all the senior partners decided to sell out for cash.
So what do you do when you have a bunch of contracts to deliver on but no PMDs left to do it? Promote people (way too) early so at least optically your clients think they have an experienced PMD on their account.
Community Builder
Thank you MD. Why are the MDs and young partners got screwed after sale to PE? Also it looks like younger generations can take advantage of this desperate situation and got promoted sooner, assuming the MD I referred in my post had the same market pay for that position.
They got screwed because they had been grinding for a decade with the hopes of cashing in on the big bucks by buying into the company as a partner but now some PE firm is reaping the benefits of everyone’s blood, sweat and tears.
Community Builder
Thank you EY1. Could you name a few of those suckers so we can avoid going? Also how hard it is for us to get to the partner at EY? 3-5 years post senior manager?