Important and time sensitive question - I recently made Senior Director (less than a year) at EY Parthenon (promoted from Manager). Got an offer from AlixPartners for SVP - which is Manager equivalent at EYP. SVP pay at Alix is similar to Senior Director pay at EYP.

Please respond seriously with what I should do and what are some factors one would consider. I am not married to consulting and would be open to exploring exit ops in 3-4 years. Also, have a network at EYP for 5 years.

Thanks!

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Let’s start with What was the motivation to interview at Alix? What’s your long term vision - stay or exit consulting? If you want to exit soon, then jumping now will just mean starting from scratch at a new firm and a lot more work. How are partners promotions lookout at EYP in your practice? Overall you will make more $ at Alix.

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Agree with this that if you plan to jump anyway in a few years it’s not worth giving up your network.

Highly dependant on your endgame / exit strategy.
You will make more $ at Alix (and likely work more) but industry exits will be fewer vs EYP

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Alix has a different delivery model. There is no managing staff—focus on delivery at all levels without the leverage of a team greater than 1-2.

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At the two firms, the delivery models are quite different. At AlixPartners, teams are typically lean, with small groups leading each workstream. The firm generally operates with less junior leverage (e.g., analysts and consultants), so senior team members often stay closer to the work and execution, rather than primarily managing larger teams.

It can also take time to build a strong internal network at AlixPartners, which is an important factor in progression. The SVP to Director transition commonly ranges from ~2 to 4 years and can be competitive, particularly if you’re still establishing relationships and sponsorship within the firm.

From an exit-opportunities perspective, pathways from AlixPartners do exist, but they tend to be more selective and less structured. Some people move into PE Ops roles; beyond that, exits can be more variable depending on your network, role visibility, and the specific workstreams you’ve led.

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Inverted pyramid model at Alix. Really able to make a difference and turn something around vs deliver PPT strategy that doesn’t get implemented. Also, if you like the hands on work and want to make money, Alix is the easy choice and has a collaborative team model vs the mess at EY. My two cents.

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More partners than consultants? Also how large are the teams for a strategy project.

You gotta weigh your network at EYP vs the incremental money you’ll make. Is it worth restarting that network, sounds like they’re bringing you in at a level that will give you some run way to do that and you’re making more money.

Next id consider the exit you’d be open to in the next 3-4 years and which company is going to help you build the relationships with the potential clients you’d want to exit too.

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Make the most money you can over the next 5 years (max) as the advisory industry is toast. If Alix does things that companies need humans to do, go there

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I’d go with Alix

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Of all the”Final Four” consulting firms (let’s face it, the big 5 doesn’t exist any longer), EY is NOT the place to be if you are serious about Strategy & Transactions work. They can only play in the space because they bought Parthenon outright. If I were you I would take the job!

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