{ "media_type": "text", "post_content": "Thinking about applying to Alvarez and Marsal's Transaction Advisory FDD group. Anyone have a range for Senior Associate salaries? Can't find specifics anywhere besides their base salary being low", "post_id": "5e0121b93428b90021c29daa", "reply_count": 14, "vote_count": 2, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

Thinking about applying to Alvarez and Marsal's Transaction Advisory FDD group. Anyone have a range for Senior Associate salaries? Can't find specifics anywhere besides their base salary being low

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I work in the tax group there. Never heard of this eat what you kill theory.

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I’ve heard from several former colleagues that it’s a great place to work. They are generally the firm that PE firms calls when they need help.

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So I've read that they generally have uncapped bonuses that are driven by your utilization, however the online application is asking for my expected base compensation

helpful

Senior bonuses range around 90k (utilization dependent).

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I have friends in Tax. They are paid above market and bonus is related to utilization. Hard to get in because everyone wants in. Great firm.

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2 years in audit, 1 year in accounting advisory

I don’t know if they do this at the senior level but their comp is not straight salary. You eat what you kill.

I have several colleagues that went to the M&A group. I’ve heard from them they get paid more when they’re busy aka chargeable and less when not. Much different than the largely fixed comp we get in the EY TD practice. The ppl I know are manager and above so possibly not part of the comp scheme at senior level.

If you don’t have FDD experience, they will not being you in as a Senior Associate. When I got an offer last year, salary was 105k and it’s like a cohort that doesn’t go up until promotion. Total expected pay was pegged around 160k with bonus comp. I declined the offer because I was familiar with the churn and hours worked, but can vary by office. Not sure if these are still the right specifics as this was a year ago when I declined my offer. Any other questions ask away considering I’ve been through the process and received an offer

I started in audit at EY and left after 2 years, coming into KPMG as a new FDD senior at the time. I was recruited to A&M after about a year in and turned them down. Have been in FDD now for 2.5 years

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