They help provide corporations, governments, and other types of organizations with analytics, insights, and counsel on a wide variety of matters. 10. While this years awardees offer their services across a wide variety of sectors and geographies, and often have very different methods of approaching the problems they solve, what they do have in common is the ability to produce results for their clients. Headquarters: New York, NY. Consulting powerhouse Ernst & Young Global Limited, commonly referred to as EY, is a multinational professional services network with an impressive international reach that has powered its status as one of the biggest service networks in the world. Having a positive attitude is rewarding . This features the establishment and alignment of overall IT strategy with a clients business strategy, and further delves into formation of solution architecture, design, and development for custom-built or enterprise package solutions. Now, more than 50 years into its history, Capgemini boasts more than 270,000 employees in dozens of countries. The big . Along with being named one of The Consulting Reports Top 50 Consulting Firms of 2022, CSG has also been named one of America's Best Management Consulting Firms five years in a row (2018-2022) by Forbes magazine. Career paths are also not as defined at the smaller boutique consulting firms. While the firm in its present form was created in 1998 (by a merger between two accounting firms: Coopers & Lybrand and Price Waterhouse), its legacy can be traced back to the middle of the nineteenth century, when it was founded in the U.K. Today, it employs over 280,000 people who operate in more than 150 countries around the world. 38. The EY rebranding campaign of 2013 solidified what had been an informal moniker. Over the years, Kroll has been hired by multinational corporations and governments alike to investigate a wide range of issues. 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. Furthermore, Mercer is not a stand-alone firm. Headquarters: Menlo Park and San Ramon, CA. We work with more than three-quarters of the Fortune Global 500, as well as with the most influential governmental and non-profit organizations. The consulting firm opened its first international office in London in 1959 and has expanded steadily since. Kearney consistently ranks high on a variety of lists for both the consulting industry and the wider business world. Founded in 1965, CRA offers economic, financial, and strategic expertise to major law firms, corporations, accounting firms, and governments around the world. Since 2009, Global Competition Review has included Bates White in its annual "Economics 20" for top antitrust and competition economics consultancies every year. McKinsey, Boston Consulting Group and Bain & Company dominate the consulting industry, most notably the field of strategy as Forbes highlights in its annual US consulting ranking. Now, it is a major management consulting and professional services firm focusing on consulting, software, and technology and provides services for clients in healthcare, private equity, and technology. I work only 40 hours on average per week at my current firm. This firm is led by a former Harvard Business School professor, and previous Bain & Company alumni. by Throwaway9999994x. NERA Economic Consulting 1 consulting service provider worldwide by revenue. The cost of the consulting services is usually less than MBB, but occasionally more. It collaborates with a peerless ecosystem of partners such as Adobe, Salesforce, Samsung, Apple, and SAP to drive value and differentiation through outstanding customer experiences. The firm has also been recognized by the Human Rights Campaign Foundation for earning 100 percent on its Annual Corporate Equality Index for LGBTQ workplace equality. 41. #10 in firm leadership. Headquarters: Morrisville, NC. Hurons client base also features hundreds of Fortune 500 companies as well as small and midsize businesses. Equipped with an expertise in human behavior, he and his early colleagues went on to advise private. The firm is widely known for solving for the most complex business challenges and opportunities by integrating a wide variety of disciplines. Founded in 2014, Kalleid is a boutique laboratory IT consulting firm working across the value chain in R&D . 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. With over 1,400 employees and 21 offices worldwide, the firm brings in roughly $500 million in annual revenue. CSG provides project related services including planning and strategy, program and project management, independent verification and validation, quality assurance, organizational change management, testing, system security, and federal compliance. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. Its main sectors being financial services, public services, and life sciences. However, your work/life balance will usually be more enjoyable working for a boutique consulting firm. Described by The New York Times as "one of the countrys oldest and best-known economic consultancies, NERA Economic Consulting, Inc. is the go-to consulting firm for many high-profile disputes and legal cases around the globe. The Poirier Group (TPG) is a boutique management consulting firm based in Toronto that delivers sustainable process and performance improvements to medium-to-large businesses. Strategic Communications handles public relations services for customers managing financial, regulatory and reputational challenges. 12. It has also been named to Working Mothers Top 100 Firms for Working Families and Women as well as to the Best Companies for Dads list. Headquarters: San Francisco, CA. Further down are the "tier-2" consulting firms - Accenture, Oliver Wyman, LEK, etc. As a result, McKinseys alumni pool has generated the greatest number of Fortune 500 CEOs. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop Games . The IT Services Report is pleased to announce The Top 25 Women Leaders in Cybersecurity IT Services of 2021. The firms extensive client base spans an impressive 16 different industry sectors: banking and capital markets; insurance; investment management; building, construction, and real estate; alternative investments; industrial manufacturing; retail; food, drink, and consumer goods; energy, natural resources, and chemicals; government and public sector; healthcare and pharmaceuticals; technology; high growth mid-market and venture capital; media and telecommunications; private equity; and high growth emerging markets. Alvarez & Marsal Barrett, The Honors College . 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. 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. Since 1991, the firm has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results. The ranking is based on employee participation in an anonymous, open-ended survey that covers topics ranging from workplace culture to quality of life, and more. Working with clients in biotechnology, medical devices & diagnostics, and pharmaceuticals. Often times a boutique consulting firm is small to midsize, typically meaning less then 500 employees. Headquarters: New York, NY. 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). 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. 9. Currently, NERA employs more than 500 professionals, including 425 economists, who provide a plethora of services from creating strategies to providing expert testimony and policy recommendations for corporations, government authorities, and the worlds leading law firms. While these boutique firms may be smaller in size, the niche markets they work in allow them to become extremely proficient at what they do. Darby Consulting is a boutique firm that specializes in information technology consulting. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. The firm offers tailored solutions to a broad range of publicly- and privately-held organizations across a wide range of industries, government agencies, financial institutions, and civic and religious organizations. Founded in 1973, Bain is one of the Big Three management consultancies (along with McKinsey & Co. and Boston Consulting Group). The award is given for outstanding papers on corporate finance published in the Journal of Finance. Now based in New York City, much of the firm's success stems from its unique culture of hard work and zealous employees. With offices in Atlanta, Chicago, and Los Angeles, its small, experienced teams create value for clients through growth strategy, operational improvement, financial restructuring, and acquisition integration. However, the Type A in me is obsessed with prestige and wondered . The Keystone Group getty. 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. has become a major player in the global management consulting space. Heres our list of the top 10 boutique consulting firms in the US for you to check out. These firms help their clients solve their biggest problems, capitalize on opportunities, and in some cases, avoid costly mistakes. Its no understatement to say that the Mumbai-based firm possesses top-level talent on a wide variety of IT services, but it is perhaps best known for its work in application development and management as well as its work in enterprise solutions and outsourcing particularly its lauded enterprise application TCS Crystallus. TPG hires consultants with backgrounds in industrial engineering, commerce, and general business. The analyst pay commensurate with that is usually less than for MBB firms. It is known for its strong client focus, an emphasis on teamwork, unwavering integrity, mutual respect, and a constant striving for excellence. 12. It has more than 60 offices in Europe, North America, the Middle East, and Asia-Pacific and employs over 5,000 professionals. Grant Thorntons award-winning, people-first culture prioritizes mentorship and colleague care, and the firm continuously reviews and enhances its benefits to ensure it promotes work-life balance and strengthens every aspect of its colleagues health. The IT services brought to life by this firm include top-tier cyber, cloud, and enterprise IT service delivery. Insights clients are often in the private equity industry, and also Fortune 1000 companies looking to improve their sourcing and procurement performances. It employs more than 10,000 employees in 25 offices in North America, South America, Europe, and Asia. Among the firms many awards, Booz Allen is a three-time honoree of the Worlds Most Ethical Companies award from the Ethisphere Institute. With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. CSG works with its clients collaboratively to deliver results. The rapid, widespread embrace of remote work policies driven by the COVID-19 pandemic has placed cybersecurity as a focal point of business success. ZS has been awarded for its firm culture by Consulting magazine several years in a row and was chosen by Forbes magazine as one of Americas best management and consulting firms in 2019. Cornerstone Research works with attorneys on commercial litigation cases. Academic Requirements & Preparation: While many firms say you don't really need to be a specific maj Continue Reading 26 Sponsored by PureCare Knee Protector Best Boutique Firms: . The firm focuses on delivering integrated solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. This looks like combining consulting, and design to create a new digital experience for brands and the clients it serves. Putnams clients are very diverse, from small start-ups to fortune 500 companies. Headquarters: Boston, MA. 13. This means there is room for career growth and development in the firm. Today, it's known simply as Marsh, a subsidiary of Marsh McLennan. Putnam focuses solely on the life science industries, allowing us to provide unparalleled depth, experience and insight into our client's most . It was created in 2017 from the merger of INC Research and inVentiv Health the parent company of a subsidiary, Syneos. The smaller firms are often referred to as boutique consulting firms. CRA provides a wide range of solutions to organizations in communications, retail and distribution, life sciences, energy, and other industries, and its services include analytics, forensic accounting, mergers and acquisitions, and more. Based in Morrisville, North Carolina, Syneos Health is a biopharmaceutical solutions management consulting firm making waves in the life sciences industry. KPMGs three primary lines of services cover financial audit, tax, and advisory concerns, with its tax and advisory services further divided into a number of specific service groups. Despite the fact that women make up 70% of nurses and a large share of clinical care providers, there is an alarming gap in leadership positions filled by women Management consulting and advisory company, Teneo, has recently announced a new addition to the top tier of its team. PricewaterhouseCoopers The firm was formed as a merger of equals between London-based Willis Group Holdings plc and Arlington, VA-based Towers Watson & Co. in early 2016. Rolfe founded Keystone with the goal of creating a firm that placed service to its clients above its own interests. Headquarters: Chicago, IL. Feb 8, 2023. 8. Charles River Associates Technology and management consulting firm Kenway specializes in technology solution delivery, enterprise program leadership, and information insight. In serving its many stakeholders, CohnReznick is committed to its role as a value creator and force for change in promoting sustainability, social justice, and proactive corporate governance. 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. WTW provides data-driven, insight-led solutions in the areas of people, risk, and capital that makes organizations more resilient, motivates workforces, and maximizes performance. ClearView is a boutique firm with a workforce of more than 400 professionals across offices in Boston, San Francisco, London, and Zurich, Switzerland. Since 1983, when NERA was acquired, it has remained a part of the Oliver Wyman Group, a subsidiary of Marsh & McLennan Companies, Inc. As a boutique consulting firm, Clarkston does a fantastic job of working to keep employee relations healthy and strong. 33. 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