{ "media_type": "text", "post_content": "Seems like a lot of questions on partner comp and net worth. Here is the rule of thumb:\n1) Big 4 partners make $600K to $1.5m based on seniority and practice. \n2) MBB partners make $1m -3m based on seniority\n\nTypically your expenses are between $100-300k. Add Taxes to it, that’s the amount you add every year. \n\nAbout 6-10% return yearly on the savings.\n\nSo net worth of partners are probably between $3m to $20m depending on which company and seniority, investment profile, etc. \n\nWhere am I wrong?", "post_id": "61a5463249d98b002a8569ae", "reply_count": 27, "vote_count": 3, "bowl_id": "5902937c77e26a00105a5bd9", "bowl_name": "Partner One" }

Seems like a lot of questions on partner comp and net worth. Here is the rule of thumb: 1) Big 4 partners make $600K to $1.5m based on seniority and practice. 2) MBB partners make $1m -3m based on seniority Typically your expenses are between $100-300k. Add Taxes to it, that’s the amount you add every year. About 6-10% return yearly on the savings. So net worth of partners are probably between $3m to $20m depending on which company and seniority, investment profile, etc. Where am I wrong?

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How is the $3m to $20m range you’ve developed helpful to your decision making?

likehelpfulfunny

I decided to move to corporate, because I did not like B4 trajectory.

Big 4 may start as low as 300k depending on the service, and not all MBB partners start at 1m (most don’t start there)

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I believe EY starts partners around $350k and adds $100k/year for 4/5 years as they scale. Then it’s about accountability for your book and moving up within region/firm leadership.

Call me old-fashioned but a career built around purpose based on your interests/skills is more rewarding than one based on money, in the long run.

likeuplifting

EY3 - agree, but wouldn't do it any other way

New partners at Deloitte can start out lower than $600k, particularly in GPS

likefunny

And Net worth range should have a caveat of “after 5 years as a Partner”

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What about EYP partners? Is it starting at $600K and upto $1M within 5 years?

You get pension from big4, but not MBB. And the MBB range should be a bit lower

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