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Carmine will be pi55ed.

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Good for existing partners, terrible for SMs, everyone else has time to figure out what it really means and make changes as needed. Boomers pulling up the ladder

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Why terrible for SMs?

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If you all understood the play OR be in their shoes, you would have a different tune.

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Are they doing an IPO too?

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There are some positives… You can get access to equity at a lower level and don’t have to wait until partner. I personally think it’s better than the partnership mode. Only downside is private equity now owns a piece, meaning less to the employees (assuming no value add by the private equity owner).

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False- PE doesn’t own anything

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It's easy to do profit sharing when you're not hiring US staff but giving the jobs to India. It's a trash firm with a terrible culture.

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Tell us how you really feel

What level are you?

Senior manager

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Thoughts on potential business ideas or investment opportunities where I can live the life I deserve now and not in retirement? I’m always trying to think of potential business ideas and come up with nothing. As far as interests, it doesn’t matter what it is. As long as it makes money I’m interested.

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Other than Fidelity, what's the best brokerage account out there? Looking for something visual that allows fractional shares and portfolio insights.

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Would you cash out refi a rental property to buy another rental property?

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Off the topic.. being in IT field and living in Bangalore, what do you think is best renting a house or opting for a home loan and paying similar emi for 20 years?

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Is getting into ARK funds at today’s price a no brainer or still risky? Currently in VOO/VTI and Vanguard mega cap MGC/MGK. I don’t want to fall under the belief of historical performance guaranteeing future performance, but ARK is so appealing

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What are your thoughts on Baidu as an investment?

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IMO It’s only a matter of time that Cuomo closes the entire NYSE. If you are holding short term options, consider the risk.

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I’m leaving my job soon but I’m wondering if I should be truthful when I hand in my letter of resignation. There’s a ton of reasons but it boils down to: I’m worth more than they can pay me and I need to pay off these student loans. What should I say?

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How much you made this month?

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How long did it take after getting your license to actually start making money?

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Any recommendations on JV funds, hard money, private equity etc to fund MFC deals and great residential deals brrr/flip. Finding some great deals in my local market. Any tips on raising capital or attracting investors?
Thanks in advance.

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401(k) gurus - If I switched jobs in 2020, does the $19.5k pretax 401(k) contribution limit apply to each plan or is it across plans? Also, does it matter if my spouse (joint filing) is self employed and bootstrapping and is not enrolled in a 401(k) plan?

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Any US expats here care to weigh in on whether it makes sense to contribute to workplace pension plans if the plan is to be in UK <5 years?

Good traders tend to be flexible. I can make money in all kinds of markets, being a bull or a bear. Today was a headscratching day. We rallied a lot farther than we should have. We bounced in place's we shouldn't have. So, I have to ask myself? What the hell happened? While I made money today, I should have made lots more money. Remember the tip that markets don't count Pre-NY Mondays. If I decided to do my from last weeks low as opposed to today's low. I'm bullish. Additional info in reply post

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Can I save tax by buying second house if first house is already in my name?

Any REIT ETFs that people like?

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I'm working on a Fintech startup related to commercial banking pricing. We would like to do some "expert interviews" with current RMs (we would compensate your time.) We want to better understand the friction points when it comes to price C&I or CRE loans. Please DM me if you are interested.

We are not looking for any private information, but more anecdotal evidence of issues that can be improved.

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More Posts

EY application has turned to “We'd like to progress you to the next step in our recruiting process”. How soon does communication begin and typically how long is the process?

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Anyone who joined after March’22 who got the VPB letter?

Hi All,
Need some suggestions, I'm currently working with EY GDS as full stack developer as Senior Associate III with 7.3 years of experience.
Current CTC: 30.5L (24 fixed + 6.5 bonus)
I'm looking for change now which companies should I target to? who can give me atleast 45-50L with job security.

Any suggestions?

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My joining in EY India is on 3rd Nov. I have not got any details regarding onboarding on 3rd Nov. Anyone faced or facing same issue ? When should I expect first day onboarding email ?

If there’s anything NYC teaches you most, it’s to be more independent than you already are.

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I’m confused by all these posts about Product Owners. I’ve worked at 3 Bay Area-based tech companies over 6 years and never heard of a Product Owner. As a product manager, i work with my engineering and design partners to figure out what to build and then build it. What role would a product owner play in all this? My honest assumption is that this role was invented by companies that want to pretend to be doing agile but aren’t really, but I’m open to being proven wrong.

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Anyone going to the security/privacy conference in DC this week?

All these "new members" all sounding the same coming out of nowhere in droves before an election all spamming the same Trump/right wing conspiracy content...people aren't stupid.

We've seen this trick before.

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Hi all, do we have atleast some say in the projects we are assigned to as a new joinee in IBM? Any reason we can give since I've been working in banking domain for 6.8yrs and want to join another? Will it be considered?

IBM

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I’m currently in the process of being converted from contractor to permanent. In my initial conversations I was under the impression that I was in a different pay grade and asked for a salary 25k higher than the max allotted for my position. I feel like it gave the impression that I don’t know what I’m doing. Any suggestion how I can recover from this?

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Went through multi-day loop for L5 SA and felt confident in my interactions. Presentation went well with no lack of answers for follow up questions. Just found out 6 days later I will not be receiving an offer, and it is policy to not provide feedback of gaps or reasons behind no offer. Also found out they ask you not to reapply for 1 to 2 years for same role. Would anyone recommend an alternate path for feedback on interview (outside of recruiter) and is the 1-2 year policy true?

Swissre Hyderabad has below BA Opening. Please DM me if anyone is interested

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How to avail Sabbatical leave in Accenture

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What are the perks of joining Oracle ? Like Broadband reimbursement, monitor , mobile, wfh set up etc ?

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Does anyone have any good books or podcasts about how to develop leadership/ managing skills?

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Hi

I have joined IBM and resigned within 50 days.
Reason: project I was allocated not good and I initially rejected project but they forcefully moved to the project.I have asked multiple times to replace the project after that I have resigned.
Now manager is threatening me that I will be placed under no hire to IBM.
Is it ethical?

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Two planning roles open at FCB Chicago on Walmart. A lot of exciting brand opportunity to make a big impact. DM for more info!

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I'm into Salesforce with 6.2yrs of experience working as a Sr. Developer having the current CTC as 14lpa. And got an offer from Mindtree for the same Sr. Developer position(C3- Module Lead), as Lead position requires minimum 7yrs of experience. They offered me a package of 19.2lpa. Is this worthy? Please suggest how much can I expect from them? Also how is the hike cycle in Mindtree ? Mindtree

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Better mortgage vs. Rocket mortgage - anyone shopped with both and what swing your decision?

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Any one here based out in the Middle East? If so, what's your experience. Would you recommend it. I am 32F - African Descent planning to relocate to the UAE.

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Additional Posts in BDO

Hi there. I’m new to this.

Looking at a job at BDO. What do you love or hate about working there?

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Hey Bdo, does your current annual salary that shows up on myBdo also shows your bonus amount? Or just the salary increase?

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When are august raises / bonuses / promos typically communicated at bdo?

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Anyone in the BDO Raleigh office that can refer me?

Who works in Monitorships and Investigations? I want to learn more about this role.

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Corporate Tax/ASC 740: how is the group in BDO Denver office? Is it a growing team? What is the management style (people focus or matrix driven)?

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What are the tiers like at bdo in risk advisory? Associate, senior, manager, director, md, partner? Is there a level between manager and director?

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Hi Folks! Anyone has an idea of how is first year senior offered in VHCOL/NYC/SF Bay Area? Thanks!

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If I join the firm as an associate senior in July would I be eligible to promote to experienced senior in august?

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Any insight on BDO Minneapolis in Audit? Office culture? Work life balance? Flexibility? Thanks!

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Dear BDOers, what is the process of transferring between different office in BDO. If I don’t know anyone from the office I want to transfer. Should I just applied the job position on the regular website ?

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What type of laptops does BDO give in the US ?

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Would anyone be willing to talk about FDD or give a referral? I’ve been with PwC audit for one busy season and have had the chance to talk to friends and coworkers about FDD since I’ve been interested for a while now. It looks like there are some experienced associate positions available at BDO. Thanks!

likesmarthelpful

What corporate card does BDO use?

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I see everyone talking about raises , promotions and bonuses in July for BDO . Do we also have that for BDO Canada ? I did not receive a call from a partner yet.

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I am looking to transfer to BDO London from EY. Can you let me know how’s the WLB and compensation for AM please?

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BDO, I need some help~ What so you think about a remote position? Is there any huddle in progression if you are fully remote? What's next after MD?

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