Partners - I am sure you are closely following the EY split news. What is overall reaction to EY plan and how it may impact partner comp down the line?

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I agree EY will need to be competitive. I do question how after a major value extraction how long term comp will continue to be competitive with the true owners of multidisciplinary firms. The short term payout is fantastic. I can’t see some super talented EY Assurance Manager honestly believing their long term future is as bright as if they jumped ship to DT or PwC.

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But now against even more and better equipped competitors that we created. The industry is far more advanced and robust now.

Partner reaction? Some like, some don’t, most waiting to see the details before they vote.

Comp impact? W2 vs K1. Other than that, it is silly to think we won’t be competitive.

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How do you think SaT will be split? It feels like the whole value prop in deals is to have integrated financial, commercial, ops, etc diligence and then everyone pitching on integration.

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It was confirmed that a portion of FDD will stay with AssureCo.

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Very interested to know as well

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