Income partner here at a mid sized firm. Anyone else been stuck at IP for longer than you'd like? My firm has very little clarity around what it takes to level up to equity partner besides showing "sustainable sales"... on top of that certain individuals have been promoted directly into equity partner from SM without nearly the sales record I have, because they will be signing public company audits. Partially a vent here, but any advice ot experience on dealing with similar disparity?

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The firm will let you sit wherever you let it. If you’re wanting more, you will need to test waters if jumping and be ready to jump.

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Politics

How much are you selling a year

For those saying 750k a year is somehow appalling, this is in annuity work. You really would be kicked out if you sold 750k in annuity work a year? These are typically 5 year relationships or longer. Also I wish I made 750k cash a year, not even close.

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Probably depends on firm but I’ve never heard of going straight to equity from senior manager, regardless what they’re signing.

Equity partner isn’t common? Pwc is equity partner on day 1. Is that just big 4? How can you be a partner and owner in the partnership and have zero capital or profit allocation?

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