It’s rare to see MBB or Big4 folks shift to boutiques. It seems like there would be upside (less travel, more leadership opportunities, ability to focus / gain industry focused expertise, similar and maybe better comp) but this doesn’t seem to be a common path. Other than the perception of lower prestige, hard to see downsides. What am I missing?

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

Missing the big green dollar sign.

like

From all I’ve heard from within the firm, first year partners generally make at least $1M with senior MDPs making >$5M. I think these may have been higher over the past couple years though.

helpful

Not that rare

like

Much harder to sell (with the exception of people whose brand is bigger than their firm, and they are rare), much more variable profit margins year to year, significantly lower diversification / higher risk, and likely much harder time attracting good talent. A lot of additional headaches for a highly uncertain upside.

likesmart

Where are you Partner at?

I perceive it would be a much larger headache to sell large projects with appropriate staffing numbers and skill sets from boutique. My brain is more attuned to big 4 scale projects

I don’t think it’s rare at all. Quite common beneath partner level at least. Past that it becomes hard to give up your partner pension if you’re at a Big 4

Definition of boutiques?

Singular industry focus with <500 ppl

That’s a very specific criteria, I don’t think some well-known “boutiques” (I assumed slalom was consideeed a boutique at one point) would even qualify

The upsides you listed sound like reasons for folks to exit to industry itself.

You underestimate how heavily the McK name sells work… tbh, so did I

Isn’t it super common for COed MBB to try for Partner at a boutique firm?

Related Posts

Hey Fishes,
Been working at D India as a Manager (Not USI) for past few months.
Ask me anything as there are very few reviews available online.
To clear few misconceptions
1. Global projects are available here
2. They've started mentioning Bonus, Gratuity amount etc in offer letter
3. Work life balance depends on Project and managers you work with
4. Inside opportunities if you're the creamy layer
5. PF amount in offer letter is the total deduction and not just company's contri

Other can add

like

Best books about product management for a good exit to industry? I already have an MBA and PMP but looking for a refreshed perspective since it’s been years since my formal education.

Currently reading “Product Managements Sacred Seven” but it’s geared toward the startup world. I am in healthcare and not looking for a startup role. TIA!!!

like

Hypothetical: hiring for a Lead Product Designer position to own direction of a data heavy saas app, would you hire someone that pivoted into UX from marketing and graduated HCI masters recently or someone who had a web designer/dev freelance & UX consulting background?

Just based on those two points.

Can you share what are some questions you're having rn that would affect the decision?

like
like

Does anybody know what would Big4 audit manager average salary in Southern California? I'm experienced audit manager from mid-tier firm, and considering moving to big4. Due to the recent salary increases in PA, I'm not sure how much I should expect. Appreciate in advance!!

like

Trying to gauge salary ranges for middle office Associate roles at RBC CM (Toronto). Can anyone help me out? For someone with approx 5 YOE. Thanks in advance.

like

Hi everyone,

I just graduated from my bachelors and I have received an offer for 3k per month (incl bonus) from Accenture in tech consulting (level 11), which was my top choice. However, I am not very satisfied with the pay so I wanted to ask:
1. I might also get offers from PwC or Deloitte, are they likely to pay more?
2. Is that enough to live a comfortable life in Amsterdam Zuid?

like

Hi Folks! One of my friend got an offer for Assurance Manager at BDO Rise. Can someone please share some salary estimates that can help him in negotiation ? Current CTC is approx 20 lpa.

BDO RISE Private Limited
BDO

Thanks in advance!

like

Thankfully I had 4A. The dude across the aisle to my right was not so lucky. The entire flight he was the recipient of Susan's MLM pitch

Post Photo
like

Recently got a contract job at Facebook NY. I’ve mostly only been a FTE for the entirety of my career, so a bit nervous as I want to eventually be offered FT but feeling a lot of pressure to perform for the next 5 months to prove my worth. At some point it will surely get exhausting. Any tips for how to deal with this? Also curious to know what a mid-level PM normally gets paid as a freelancer?

like

What is a % range bump you can see in comp as you progress from Associate to SA at an MM firm? How about within Associate years (A1 vs. A2)? Got an offer from a secondaries firm and curious to know what the jumps are.

like

have an offer from
Target Corporation -- TC 30LPA as a Sr. Engineer(Full stack) And
Rubrik TC 30LPA + 750 RSUS as a Sr. Full Stack Dev
Really confused about wherel should go,
Target tech stack - Java Spring boot microservices, React, Postgres, Mongo(The tech stack am comfortable with)
Rubrik tech stack Python Microservices, Postgres backend and Angular fronend.(The tech stack have never worked with)
comes down to Tech stack and WLB, Where should i join?

Any cool exit opps for MBAs in Atlanta?

like

Any good site/utube channel to learn SAP HANA

like

Any input on job offerings I’ve received. Morgan Stanley CRU risk officer pay is $70k with a less than 10% bonus. And KeyBank position is a private client advisor pay is $67k but bonus can range from $10k -$25k depending on performance and other compensation factors. Currently a Investment Consiltant at WFA making $62k with a $7k bonus. Both are in office positions in SLC, UT. TIA

like

I am a Business Analyst. I have 10 years of working experience in India. In May 2022 I will complete MSc Business Analytics from Maynooth university.
In the past I have lead a team of analyst performing multiple activities like sales analytics, web analytics on Google analytics, I have also worked as a scrum master in certain projects
I have worked with tools like tableau, power BI and now alteryx any suggestions for the job role I should look forward to?

like

Hey y’all. I went through an exceptionally traumatizing experience a few years ago that has totally & utterly shattered my confidence, self worth, self esteem etc. I have a hard time portraying my work experience + deserving of a new role.

For context, I did well in uni, got into law school but due to finances + the experience in question I didn’t end up going. Kept working in the public sector as a coordinator & now got my scrum master certificate to transfer to SM role in finance/ tech. Help

like

What are some good professional goals to set in your first five years of practice? For context, commercial lit associate at boutique firm, so lots of opportunity for hands on experience. Just want some ideas of what I should be thinking about and aiming for. Thanks!

like

Best institutions to learn AWS Devops

like

26 y/o JD, CPA, CFP --- what are my odds landing a career with the FBI?

like

More Posts

Hello, I’m an LMSW in Michigan. I have 15 years of experience in the field as a clinician, supervisor, and an administrator. I am feeling burnt out and unsure of my future. I have worked mainly in the Community Mental Health and the VA Health systems, hence my fatigue. I’ve flirted with private practice work in the past, but my spouse has been worried about not having affordable healthcare and benefits that each system provides. Is it worth the jump? Am I overthinking things?

like

What is a salary for SVP at Valley National Bank?

like

Anyone else hate having to ask customers to donate to charities? ...like, I get that it's for a good cause and everything, but it feels super awkward

like

Mother and sister are getting cabin fever. Father is being a bit irrational. I'm just going with whatever keeps them calm so I can retreat back to my room and be an introvert in peace. Anyone else?

like

What are your thoughts about putting an explanation for the current gap (as in, I haven’t been working for several months) on your resume, LinkedIn profile or cover letter? If you think it should be included in one of these places, how would you do it?

like

You are currently posting as works at Software Engineer
Anyone here from NatWest group Bangalore ? Need some advice before joining. Please let me know in comments so that I can DM you.

Anyone have experience or insight on the culture at EPAM? Being recruited for a business consulting role in the US but have not talked salary yet.

like

Anyone working for Oracle Cerner / Cerner Corporation and can provide a referral?

like

Saw a job on LinkedIn applied for it and the CEO of the startup reached out to me saying he was game to move to the next stage of the process. Spoke to hiring manager and they even offered another position which matched my skills. Scheduled a full panel interview. Met with the team had a great chat, Founder even said "I guess you can start right away"..Hiring manager calls later says they'll update then boom that generic email hits my inbox. At this point you're just like arrrrrrgh😩

like

What are common easy to pick up side hustles?

like

Hey Fishes,

Joined LTI recently in P3 band. However not allocated any project. Got a call from the resource management team to relocate, which I rejected upfront as I was promised a role in the location I am posted. It has been over 2 weeks since I am in bench. What shall be the next steps, shall I wait for some days or start looking for other jobs as getting a project looks difficult as there are minimalist responses.

like

I am finishing up a project and I’m trying to document what I’ve done for my resume. What are some good metrics for someone who mainly created user stories, created dashboards, interacted with the client and developed statistical models? One of my dashboards got deployed to production but it’s to early to see the impact. My other dashboards are almost done but I’m moving on to something else.

like

Any guesses/predictions on when this housing market gridlock ending? Reasonable prices and reasonable mortgage rates? Umm like a 2017 or a 2018?

What should be the average pay for a senior product manager in a series A startup?

like

For all the 🐠 that switched from consulting to product, which role provided you with more tangible skills? I know I’m making some broad strokes here, but thought it might open other discussions as well

like

I’m gonna short the shit the out of Peloton, hopefully will get rich enough to buy one

likefunny

I’m currently an LLC and looking to assemble an equity deal with an advisor. I don’t know how to set it up with him where he gets his equity in the future when we restructure the entity to a c/s Corp and give out his shares. It doesn’t make sense for us to switch now and get double taxed when we haven’t lifted off the ground. This is pre launch. Any advice?

like

Larsen & Toubro Infotech Hi All, whats the relocation snd accomodation policy of LTI for new joiners, I tried to contact HR but nobody is responding properly l, not sure where I can get that and how much they reimburse. Larsen & Toubro Infotech

like

Hey All! Is there any circular by Government of Maharashtra mandating 50% office attendance? From July 1?

like

Recently lateraled as a public defender in HCOL area to ID in LCOL area for $$$. I’ve been at the job a little over a month. My concerns are that I’m getting very little guidance or mentorship, and I’m worried about not hitting billable hours (2000 requirement but I am just over 80 for the first month). I am only in charge of a ~5 cases atm and struggle with figuring out the next steps, etc. I’ve met all my deadlines that have come up. Thoughts or advice?

like

Additional Posts in Consulting

Anybody know anybody who has given it all up to lead a life serving others in need? How did it pan out for them?

like

What is your favorite quote that keeps you going when the times are tough?

like

Looking to target PE firms as clients, need to do some research on how they work so we can speak intelligently when trying to sell operational work to them. Any book recommendations ?

likefunny

Interested in a San Francisco/Bay Area networking/support group for consultants that have been laid off?
See comments for more details

likeupliftinghelpful

Republican here. But what kinda guy we have here. Disgraceful!

like

Any book recommendations about human psychology / thought processes?

like

For people in consulting - do you often read books about project management and motivation? Would appreciate your recommendations (preferably the ones with more than one thought for the whole brick of text 🤨).

like

Bain & Company Which are the best consulting firms and practices for Climate Change & Sustainability, especially in the Canadian geography? Also, please suggest the best Canadian city for consulting jobs.

McKinsey & Company | Boston Consulting Group | Bain & Company | Kearney | LEK | EY | Oliver Wyman | PwC | Deloitte

#ClimateChange #Sustainability #Water #ESG

like

Does anyone understand what they put on those W2s? It doesn’t seem to sync up with reality.

like

When you see the upgrade screen at the gate does it show every passenger that was upgraded (meaning every other FC seat was paid) or can you get a FC seat as an upgrade and not be on the gate screen?

like

Houston Rockets winning this thing. Happy Sunday. I'm happy.

like

Beside toastmasters, what are other ways to improve communication and public speaking skills? Books, podcasts...?

like

Longest uber ride ever taken?

like

Curious to know if recruiters have any say on candidacy after reaching final round? Or it's entirely upto business to hire or not and they are simply liaisons ?

like

Will companies know that you got laid off if they do a background check?

like

Where do you buy your dress pants?

like

My flight is three hours delayed. I have collected so many pokeballs.

like

Best books on business/ negotiation/ leadership you have ever read (and use practically)!?

like

IAH-> ORD May be the worst group of business pricks... ehh “travelers”... ever. Nobody in economy comfort has a briefcase at their feet this morning.

like

***Exit Opportunities Thread***
Consulting firm:
Level at which you left:
Company you joined:
Salary:
Time it took to find:
Burner if willing to advise/refer:

No commentary—to keep things on topic

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