Related Posts
More Posts
Anyone in gTech willing to chat?
New feature 🤦

Hi Fishes,
Please help me get 11+ likes.
Additional Posts in Accounting
I FINALLY GOT MY CPA LICENSE!! HALLELUJAH!!
This is unreal. Feels like we are living in a movie.
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.






There’s an important distinction between BDO and GT. BDO’s ESOP plan is PE financed but has not, at this time, given the PE an equity stake.
Regardless, you will see less partner/principal promotion paths available at both firms.
Rising Star
F
There isn’t.
Rising Star
Our partner classes have shrunk dramatically and there will be continued pressure to keep them small.
Rising Star
MDs can be lower base comp and big bonus for sales origination/Rev and still be in line with market. PP requires big base salary to be competitive with no guarantee of return. Is my understanding. Also more PP means diluted equity, retained shares means more for PE.
BDO still has the same principal / md distinction.
Previously, partners were either vsp or fsp, and now the vsp doesn’t exist…all principals are essentially fsp. In saying that, vsps were increasingly rare over the last few years as all firms have struggled to keep partner comp at the previously high levels.