However, the Type A in me is obsessed with prestige and wondered . I work only 40 hours on average per week at my current firm. Headquarters: Boston, MA. It provides services to 420 out of 500 Fortune 500 companies, making it the second largest professional services firm in the world. As of 2019, EYs strong U.S. presence has made it into the seventh-largest privately owned organization in the nation. Serving a bevy of global brands and leading law firms from its offices in Boston, San Francisco, New York City, and Seattle, Keystone Strategy provides strategy and economics consulting fueled by an entrepreneurial spirit as well as dedication to collaborating with clients and peers. At the top of consulting firms are MBB consultancies - McKinsey, BCG, and Bain - along with the consulting divisions of the Big 4 accounting firms - Deloitte, PwC, KPMG, and EY. Established in 1932 as Duff & Phelps, the firm has since added more than 30 complimentary companies to its robust portfolio. Its clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations. The good news for you is that there are quite a few top-notch boutique consulting firms across the country. Bates White boasts expertise in a wide array of sectors, including antitrust, media and communication, finance, healthcare, and many others, and its clients include several Fortune 500 companies. The firm also offers guidance and support to organizations as they navigate the changes transforming their industries and businesses. The Chartis Group is at the vanguard of healthcare, helping leading healthcare organizations navigate the future of care delivery. Furthermore, Mercer is not a stand-alone firm. With consumers turning to financing in droves, our single application, multiple lender solution is here for both consumers and businesses. Now, Publicis Sapient is working with Microsoft and other tech firms to transform how groceries are delivered, how people travel safely, and much more. Headquarters: New York, NY. The firm is routinely recognized as one of the top 10 consulting companies in fraud, forensic, and investigation services. The Accounting, Finance & Technology category consists of Accenture, Booz Allen, Deloitte, KPMG, EY, PwC, and Wavestone. IBM iX provides hybrid data management solutions powered by AI that carry the advantages of a modernized information architecture, simplifying data collection and management as well as making processes smarter with automation containerization built on open platforms. This company was founded specifically to address this market, and have been leaders in life science consulting since. Putnam focuses solely on the life science industries, allowing us to provide unparalleled depth, experience and insight into our client's most . No other firm in the world has as much consulting prestige as McKinsey & Company. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. The firms current name is intended to communicate the value of helping customers on both the clinical and commercial side. #10 in firm leadership. Headquartered in Menlo Park and San Ramon, California, Protiviti boasts a clientele that includes over 60% of Fortune 1000 and 35% of Fortune Global 500 companies. 39. The Top 25 Consumer and Retail Consultants and Leaders of 2023, Accenture Acquires Bionest, Boosts Life Sciences Strategy Capabilities, McKinsey Tech Accelerator Speeds Inclusive Innovation for Underrepresented Entrepreneurs, Healthcare Executives Optimistic About Their Companies, Cautious About the Economy, Marsh McLennan Sets 150-Year Record, Breaks $20 Billion in Global Revenue, In Spite of Big Tech Layoffs, Big Consulting Firms Still Seeking Tech Skills, Five Big Steps to Better Procurement Decision Making, What the End of the COVID-19 Public Health Emergency Could Mean for Providers, The Top 25 Digital Transformation Consultants and Leaders of 2023, U.K. Sometimes the firms services will extend throughout the entirety of a case in court. Booz Allen Hamilton Headquarters: Washington, D.C. Bates White Economic Consulting is a privately-held consulting firm specializing in advanced economic, financial, and econometric analysis for law firms, corporations, and government agencies. Going to bat against the likes of Bain, McKinsey, and BCG, as well as other strategy consulting offshoots for Big Four firms, EYP often rises above its competitors in industry rankings by honing in on its ambitious corporate strategy and private equity undertakings. by Throwaway9999994x. Ignyte is a boutique firm that specializes in management and digital experience consulting. EY Parthenon EVERSANA MANAGEMENT CONSULTING is among the top 40 boutique consulting firms across the U.S, according to the annual list. The firm is also committed to sharing its diversity and equity values, as well as its environmental, social, and governance practices. Arthur D. Little Headquarters: Arlington, VA. Willis Towers Watson Public Limited Company is a British-American multinational risk management, insurance brokerage, and advisory firm with roots dating back to 1828. The Consulting Report. Kaiser Associates The big . The Top 10 Consulting Firms in North America for 2021 are: Bain & Company. The firm was founded in 1886 and formally incorporated in 1909 by Arthur Dehon Little, a scientist instrumental in developing chemical engineering at the Massachusetts Institute of Technology (MIT). The Bridgespan Group is a consulting firm that works with nonprofit groups, NGOs and philanthropy organizations. Its main sectors being financial services, public services, and life sciences. This includes designing strategy and implementing plans and performance measures for multi-million-dollar donations. Back Bay also ranked #24 in the Vault Consulting 50, Vault's signature list of the best consulting firms to work for and ranked in the top three pure healthcare firms included on the list. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. Headquarters: New York, NY. 7. Booz Allen Hamilton has evolved from its humble beginnings 107 years ago when it was started by Edwin G. Booz as a service offering impartial advice to then-nascent organizations such as Goodyear, Canadian Pacific Railway, and the like. PricewaterhouseCoopers Headquarters: Washington, D.C. We work with more than three-quarters of the Fortune Global 500, as well as with the most influential governmental and non-profit organizations. Bench Wing is a management consulting firm focused on improving the performance of life science brands and companies. Some of its clients have included the Department of the Treasury, Department of Justice, NASA, and more. First originated as The Parthenon Group, LLC in 1991 by William "Bill" Achtmeyer and John C. Rutherford, two former Bain & Company directors, it eventually merged with professional services firm Ernst & Young to create the entity EY-Parthenon. Back Bay Life Science Advisors. Equipped with an expertise in human behavior, he and his early colleagues went on to advise private. Headquarters: New York, NY. Established in 1997, CSG recently celebrated 25 years serving as a trusted advisor to the public sector. Headquarters: Brussels, Belgium. Please join us in celebrating The Top 50 Consulting Firms of 2022. It is proud to have established relationships spanning over two decades or longer with public and private corporations, private equity firms, their portfolio operations groups, and portfolio companies. Bridgespan has advised the Bill & Melinda Gates Foundation, the Ford Foundation, and Bloomberg Philanthropies. CSG Government Solutions Headquartered in Waltham, Massachusetts, RTX researches, develops, and manufactures advanced technology products in the aerospace and defense industry including aircraft engines, cybersecurity, guided missiles, air defense systems, satellites, and drones. For the past 20+ years, Fortune magazine has consistently included the firm in its list of the 100 Best Companies to Work For, beating out the streaks of other leading accounting firms. Its hard to find something at which this star of professional advising is less than excellent, from business strategy and data analytics to risk assessment and enterprise technology, with the firms AI Institute being a standout in the world of artificial intelligence research and development. CSG Government Solutions (CSG) is a national leader in IT management consulting for complex projects that modernize the technology and business processes of large government programs. As such, its consultants use hard economic data to make their case, drawing on the firms expertise in fields like statistics and computer science. The firm continues to offer sales force alignment service to this day, in addition to a range of professional services, many of which are supported by advanced analytics. Economic & Financial Consulting offers economic analysis and expert testimony for law firms, corporations, and government agencies. Clarkston is a business and technology consulting firm based in North Carolina. Founded in 1973, Bain is one of the "Big Three" management consultancies (along with McKinsey & Co. and Boston Consulting Group). Currently at a boutique/inhouse firm. In a world changing faster than ever in nearly every respect, from technologically to culturally, consulting firms serve as an indispensable partner for any organization navigating its path to success. Just as some companies retain the names of long-gone . While L.E.K. These firms help their clients solve their biggest problems, capitalize on opportunities, and in some cases, avoid costly mistakes. ADL is also an innovator of business strategy and operations research, which it has honed during its more than 130-year history. Liked by Brittany Warren. Crowe uses its deep industry expertise to provide audit services to public and private entities. 47. Headquarters: Boston, MA. Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. CohnReznick LLP Top Boutique Consulting Firms Putnam Associates - Boston Massachusetts Putnam Associates is a specialist firm serving primarily in the healthcare sector. Functioning as an expansive network of member firms, EYs 700 worldwide offices employ over 300,000 team members in more than 150 countries. With a holistic lifecycle approach, Alira Health is one of the best healthcare consulting firms for every state of a client's corporate and product evolution. These women leaders represent some of the most prominent IT organizations that provide clients across the public and private sectors with ongoing cybersecurity services Microsoft recently announced a multi-year collaboration with IT services company Accenture and healthcare industry leader Kaiser Permanente to enhance its hosted cloud environment infrastructure that supports its 12.4 million members and more than 85,000 care providers. Deloitte is a storied institution that traces its roots back to its founding in 1845. Posted 2:53:34 PM. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. Because your small firm may not take on as many different types of projects, your learning opportunities may be more limited. This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. Blue Matter is a consulting firm serving the life sciences industry. Its a subsidiary of parent company Marsh & McLennan the consulting giant that earns annual revenue of nearly $20 billion. This includes the 2018 acquisition of Kroll, which was used in the firm's renaming process that was completed in 2022. 42. The smaller firms are often referred to as boutique consulting firms. The firm partners with clients to provide data-driven, actionable insights designed to drive growth, enhance profits, increase value, and make better investment decisions. 40. ClearView works exclusively in the life sciences industry. The firms founders, Tony Alvarez II and Bryan Marsal, have led the firm in a fact-driven and action-oriented manner, sharing duties as co-Chief Executive Officers and working to help clients turn areas of stagnation into growth to achieve sustainable results. In recent history, FTI is known to have had the biggest restructuring business in the U.S. FTIs five business segments cover a broad range of services. The EY rebranding campaign of 2013 solidified what had been an informal moniker. 30. The firm is specifically a titan in the fields of corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, and technology. Canadian Venture Capital-Funded Biotech Companies to Watch in 2023. Its diverse teams leverage expertise in business, technology, and economics, and as a result, their work includes digital transformation, innovation, AI/ML, data analytics, algorithms, ecosystem strategy, process optimization, antitrust, intellectual property, and tax transfer expertise. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. #8 in best overall business outlook. The Chartis Group consists of more than 550 talented professionals across four offices in Boston, Chicago, New York, and San Francisco with the experience and capabilities required to transform healthcare. Huron Consulting specializes in helping its client organizations navigate change and economic pressures in various dynamic environments. Crowe LLP is a public accounting, consulting, and technology firm headquartered in Chicago and with offices around the world. This boutique firm strives to provide key insights and resources to help its clients overcome challenges, and accelerate business growth. The Vault Consulting 50 ranking is based on a weighted formula that combines each firm's prestige rating with its scores in several key employment factors to come up with an overall list of the Best Consulting Firms to Work For. The following year, L.E.K. Headquartered in New York City, Mercer exudes a large global presence, with more than 25,000 employees operating in more than 130 countries. Sectors. Pharma consultancy Putnam Associates rebranded Putnam last year made headlines in 2019 when it was acquired by healthcare giant UDG in an $88 million deal, which has allowed Putnam to strengthen its foothold in the rapidly expanding life sciences industry. Eagle Hill prides themselves in being a community of consultants, rather then being a traditional agency. Cornerstone Research Insights clients are often in the private equity industry, and also Fortune 1000 companies looking to improve their sourcing and procurement performances. The award is given for outstanding papers on corporate finance published in the Journal of Finance. Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. In 2021, Keystone was recognized as a top consulting firm to work for in Vault's 2021 Consulting Firm Rankings. It was named the #13 Best Consulting Firm, #4 Best Boutique Consulting Firm, and #1 for Best Firm Culture. Headquartered in Brussels, Belgium, Arthur D. Little (ADL) is an international management consulting firm with over a century of heritage. It has also been the recipient of numerous awards and recognitions, including being named one of Modern Healthcares Best Places to Work 2021 and Best in KLAS in four different categories in 2022: Healthcare Management Consulting, Digital Transformation Consulting, HIT Advisory Services, and Financial Improvement Consulting. They teach foundational skills to succeed both at ClearView and beyond. About 25% of its work comes from clients in Europe and Asia and 40% has a major international component. Insigniams belief is that culture fuels strategy. It now boasts over 30,000 employees, 130+ offices around the globe, and more than $10 billion in annual revenue, making it the biggest pure consulting firm in the world. 6. Life science consulting & investment banking | Back Bay Life Science AdvisorsAbout. 2023 Best Boutique Consulting Firms # 1 SCORE 9.757 2022 Rank 1 ghSMART ghSMART Founder Dr. Geoff Smart's Psychology PhD dissertation found that those private equity firms best at choosing teams made the most money. 22. Willis Towers Watson The services offered include helping companies identify, measure, and manage operational and technology-related risks as well as providing internal audit services, technologies, and skills for business risk management throughout the world. Over the years, CSG has attracted many of the most respected senior experts in the government programs they serve. The firm additionally gives its clients authentic end-to-end capabilities at scale, from experience strategy to the design, delivery, and optimization of employee/customer experiences. With over 6,000 people across four continents, A&M delivers tangible results for corporations, private equity firms, law firms, and government agencies facing complex challenges. In June 2021, Capgemini partnered with Sanofi, Orange & Generali to launch Future4care, a European start-up accelerator focused on digital healthcare. Kearney is a partner-owned firm with a distinctive, collegial culture that transcends organizational and geographic boundariesand it shows. 8. The Keystone Group With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. Notably, it was the first consulting firm dedicated to methodically applying rigorous microeconomic thought to litigation and regulatory matters. Founded in 2014, Kalleid is a boutique laboratory IT consulting firm working across the value chain in R&D . Boutique strategy consulting firm Kaiser Associates was founded in 1981 with a basic but perceptive mission of helping executives follow through on informed strategic and operational decisions by incorporating external insight and analysis. Boston Consulting Group. Featuring a visionary startup mindset and the engineering prowess of an industry veteran, Publicis Sapient is a unique, creative digital transformation firm thats upping the game for IT services. As for exit opportunities, I do not see much differentiation. EYP arms C-suites with strategic guidance in a wide swath of industries, including private equity, consumer products, education, financial services, healthcare, information and media, advanced manufacturing, life sciences, oil and gas, and technology. The Bridgespan Group is a U.S. nonprofit organization launched in 1999 and based in Boston, Massachusetts that provides management consulting to nonprofits and philanthropists. In 2021, the firm reported annual revenue of $5.21 billion, a roughly 18.1% increase over the $4.42 billion it reported in 2020. This includes IT project & portfolio management, systems design, and software/hardware deployment. This looks like combining consulting, and design to create a new digital experience for brands and the clients it serves. McKinsey & Company If we had to choose a "one-stop-shop" category, this would be it. The feel and atmosphere of a boutique consulting firm will also be quite different then working for a firm such as McKinsey, Deloitte, or BCG. ClearView Healthcare Partners The firm is widely known for solving for the most complex business challenges and opportunities by integrating a wide variety of disciplines. The firm was recognized in the 2021 Vault Consulting 50 list of the best consulting firms to work for. Headquartered in New York City, the firm now has nearly 5,000 employees across 30 countries and territories. Furthermore, the RPS segment provides tailored solutions for customers commercial, government, and military who are not just based in the U.S., but rather located across the globe. Globally, Mercer is also the largest investment consultant and delegated services (OCIO) provider, with over $15 trillion in assets under advisement (as of June 2020) and over $300 billion in assets under management (as of September 2020). The firms projects include cross-functional support at the corporate, franchise, and product levels for pharmaceutical, biotech, medical device, and diagnostics companies worldwide. This helps to ensure that all breakthrough, innovation, and transformation initiatives are truly led by client leadership and their employees, making it clear that capabilities and competencies are to be developed in tandem within the organization. 16. Over the years, Kroll has been hired by multinational corporations and governments alike to investigate a wide range of issues. It specializes in helping clients to affect the greatest possible change with their charitable donations, and advises clients against spreading donations too thinly so "that they have no real impact. ClearView combines international industry knowledge and deep scientific expertise across a range of therapeutic areas with an extensive network of external stakeholders to deliver practical and actionable recommendations. Headquarters: New York, NY. The services provided by Ignyte include digital transformation, branding & digital marketing, analytics & information management, and training & change management. Eagle Hill Consulting. Its clients have included Lehman Brothers, HealthSouth, Tribune Company, Warnaco, Interstate Bakeries, Target, Darden Restaurants, and Arthur Andersen. These are the companies leading some of In a recent press release, Big Four accounting and professional services firm Deloitte announced the acquisition of Cupertino, California-based cloud security posture management provider CloudQuest. In pursuit of Grant Thorntons purpose to make business more personal and build trust into every result, Grant Thornton consultants focus on relationships, quality and comprehensive service. The acquisition valued Kroll at just north of $4 billion. But usually, they're around 20%-40% less than MBB per month. This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. According to an article in Supply Management, a study conducted by Transparency Market Research suggests that the logistics market will be worth US$15.5 trillion by 2023. 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