On Advisory partnership at Deloitte.... do you get offered partner (equity) or MD (salary partner) after SM? how long does it make sense to be a partner to get vested? Is there an age for forced retirement? Once you retire is the pay out for life or limited based on your contribution?

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From discussions
-You are immediately vested, you buy in to the partnership with a loan (generally)
-forced retirement at 62
-retirement is a little more complex. It’s a combination of the number of units you acquired, the amount you contributed to the pension over the years (measured in years), as well as a guaranteed up front portion

likesmart

It does because the unit values fluctuate. So they get a lump sum for each unit at the new deflated price

Also very curious about this. Have a very unique skill set being wasted at PwC and staring up conversation with contacts at DT.

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What skill set D1?

How much is the buy in usually? Is Deloitte doing direct admits still?

The buy in varies. It is dependent on how many units (similar to shares) you are given and how much those units are valued at the time. I’m not a PPMD, just had an in depth convo with one who is.

Following as well.. want to move to D but scared will get held back to P path.

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