Need Help - 2 years to partner in advisory or switch to PE space and try to climb the way up, let us say 4-5yrs to partner. Pros & cons below,
Advisory partner at big 4
Pros - fairly easy life, established enough credibility
Cons - not very prestigious compared to PE or MBB partnerships or even C suite in industry
PE partnership in AP/AM/other firms
Pros - potential to make a bank, network, proven track record of turning around biz etc
Cons- terrible wlb, miserable work place culture (sometimes)

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Opinions will obviously vary, but to me this is a no-brainer.

Can I ask who you’re trying to impress with prestige? Serious question. It’s thrown around here like it matters, but outside of this bowl and maybe 0.005% of the country no one knows or cares about what line of work you’re in.

You’ll make ‘bank’ as a partner wherever you are. You’re 2 years away and have an easy life. Why throw it away for a more tedious climb back up in all facets when it isn’t even guaranteed? For “prestige?” Your tombstone won’t read your firm…I hope…

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Maybe the branding people will allow the firm on the tombstone?

Prestige? When you're making bank as a partner, no one will care about you being "big 4 partner" or "MBB". I've seen plenty of Advisory Partners command respect and I know plenty who make north of a million.

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I would stay with the Big 4 firm because I prioritize WLB more and I’m sure at your age if you have kids/family, you’re going to miss spending as much time with them. I think the size of the fund depends and I’m not sure how difficult it is to make partner in 4-5 years at PE fund. I also don’t think prestige should be a disqualifying factor because if it’s a smaller fund, I would argue a Big 4 partner is pretty comparable prestige wise and in the PE world a smaller fund would be seen as less prestigious

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I think you answered your own question. Which has cons that outweigh the other’s?

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So many people on this bowl say they don’t care about prestige, when we all know that’s a lie.

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No, that’s not worth it to me. Re-read the statement. All I did was call out people who say prestige doesn’t matter. I feel like the folks who harp on how much it doesn’t matter seem to care about it the most 🤔.

You need to add what criteria is most important TO YOU. We all could have listed those pros and cons for you, they are pretty intuitive.

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Thanks for all your perspectives, feels good to hear how other see it coz my inner voice/insecurity overvalues prestigious firms/brand names much more than what it is. I am a year away from getting married and starting a family etc I do see that WLB rather living life is important than chasing brands and $$$. Thinking hard about I what do I want.. I have been in consulting for close to a decade and the work I do now, I can do it in my sleep. I feel like in consulting you barely own a p&l but in PE/interim management specifically type work you get to do consulting and call the shots & actually deliver results in real. But then pe/interim management type of work comes with a cost of no wlb, I guess.

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