The firm and its subsidiaries also help clients make decisions that lead to lasting value with its tax, advisory, and consulting services. ADL is also an innovator of business strategy and operations research, which it has honed during its more than 130-year history. Based on nominations and our further proprietary research, we have selected the 50 best firms. This includes the 2018 acquisition of Kroll, which was used in the firm's renaming process that was completed in 2022. 30. This merger was a bold gambit from a Big Four contender to step up its value chain efforts, moving beyond audit services to embark on new business ventures and give its clients various new points of entry. Bridgespan was founded by Thomas Tierney, formerly Managing Director of Bain & Company; Harvard Business School professor Jeffrey Bradach; and Paul Carttar, formerly a Vice President at Bain & Company. The firm boasts a workforce of more than 14,000 professionals who provide guidance to public, private, and non-profit organizations of all sizes. Digital transformation and consulting firm Capgemini works to bring innovative solutions to corporate clients around the world. Headquarters: New York, NY. The more specific and things that MBB doesn't do, then you might find those things outside of it. Liked by Brittany Warren. Bench Wing is a management consulting firm focused on improving the performance of life science brands and companies. The goals of Darby on project include reducing project backlog for clients, accelerating project completion, and reducing cost by time management. With nearly 300 offices and 150 delivery centers worldwide, TCS has posted impressive financial gains even during the time of COVID-19, with operating income in excess of $6 billion as 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. Publicis Sapient The firms clients include a broad range of operating companies in the life sciences, from medical device and pharmaceutical companies to investors in the life sciences fields. 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. Headquarters: New York, NY. The Keystone Group. With consumers turning to financing in droves, our single application, multiple lender solution is here for both consumers and businesses. 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. With more than 800 risk, claims, safety, and industry-specific specialists in more than 40 countries around the globe, Marsh is primarily concerned with representing commercial interests searching for insurance coverage. Established in 1997, CSG recently celebrated 25 years serving as a trusted advisor to the public sector. Because your small firm may not take on as many different types of projects, your learning opportunities may be more limited. Headquarters: Menlo Park and San Ramon, CA. The firm categorizes its consulting methodology into four areas: reveal, unhook, invent, and implement. Boston Consulting Group (BCG) is a global management consulting firm and one of the Big Three management consultancies. 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. 24. Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. Feb 8, 2023. Putnam has strong leadership and empowers its consultants to operate and succeed. Back Bay Life Science Advisors is ranked among the Best Boutique Consulting Firms, according to the Vault 2022 rankings. 45. 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. LIFE SCIENCES CONSULTING SERVICES Clarkston offers a broad suite of services to our clients in life sciences including strategy, innovation, and mergers and acquisition advisory, sales and marketing, supply chain, quality and regulatory, clinical R&D, SAP and technology consulting. As an industry leader in business consulting, outsourcing, and information technology solutions, Cognizant has long been hailed for its results and resilience. 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. The services DayBlink provides include cybersecurity, finance effectiveness, performance improvement, and automation implementation. Raytheon Professional Services (RPS) is part of Raytheon Technologies (RTX), one of the largest defense contractors in the world. It employs more than 10,000 employees in 25 offices in North America, South America, Europe, and Asia. Below are 12 notable boutique consulting firms offering over $90,000 in total potential compensation for undergrad and master's degrees. Based in Boston, Massachusetts, Charles River Associates (CRA) is a global consulting firm specializing in management consulting and economic litigation. The firm, which gets a significant portion of its revenue from the U.S. government, is the result of the 2020 merger between the aerospace subsidiaries of United Technologies Corporation and the Raytheon Company. 9. 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. Notably, it was the first consulting firm dedicated to methodically applying rigorous microeconomic thought to litigation and regulatory matters. Willis Towers Watson (now called WTW) is the third largest insurance broker in the world, operates in more than 140 countries, and has a workforce of more than 45,000 employees. As for exit opportunities, I do not see much differentiation. 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 analyst pay commensurate with that is usually less than for MBB firms. It is one of the largest professional services networks in the world, with annual aggregated revenue nearing $50 billion, and the firm is highly respected for its forecasts regarding the world of technology and work. 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. I work only 40 hours on average per week at my current firm. For information pertaining to content permissions, please refer to The Consulting Reports award usage regulations. Frequently named among the top management firms in the world, Oliver Wyman has served more than 1,000 global clients over the past 50 years. 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. CVC Capital Partners, to which Teneo sold a majority stake in 2019 at a total valuation of around $700 million, has described Teneo's core service as "providing strategic and communications services, which covers a wide array of engagements such as customer communications, crisis management, investor relations, digital and social media consulting, executive recruitment, and litigation management.". Sectors. The firms Nexia International affiliation expands its reach to more than 128 countries. 8. Its clients are pretty diverse, covering all levels of government, healthcare, legal, startups, financial services, and more. If you want to feel good about the consulting work you do, Bridgespan is the company for you. 22. The firm invests deeply in training and fostering entrepreneurship in its own employees so they can bring the most impactful solutions to clients. The following year, L.E.K. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. Boutique consulting firms are management consulting firms that tend to specialize in an area of expertise or have close connections to local clients. 13. Copyright:The Top 50 Consulting Firms of 2022 publication is copyrighted material, produced and published by The Consulting Report. While the firm offers a wide range of consulting services, it is best known for its work within banking and financial services. Kearney is a leading global management consulting firm with more than 4,200 people working in more than 40 countries. 10. The attorneys on these cases often times need expert consultants to help breakdown and understand complex economic or financial issues. 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. 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. was awarded the Queen's Award for Enterprise for international trade and export. Primarily by providing strategy consulting and leadership development. Headquarters: Chicago, IL. Spun off in 2013 from an earlier corporation, SAIC has spent the better part of the last decade leading the charge to bring the benefits of deep engineering expertise to government and civilian clients. 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. Since 2018, Cognizant has also been at the forefront of using blockchain technologies to facilitate secure data sharing between companies. As one of the top-rated boutique consulting firms, Clarkston Consulting has a solid and well-defined history of success in terms of service and clients served. Their focus is to plan and deliver new IT methods, designed specifically for each client to grow and maximize the value of their projects. If we had to choose a "one-stop-shop" category, this would be it. The "doing what is right" credo permeates its firm culture, leading Kenway to continually be included in the top ranks of best companies for work-life balance listings. Founded in 1982 as Forensic Technologies International, Ltd, FTI operates in just under 30 countries with an employee base of more than 6,200. Headquarters: New York, NY. West Monroe. It is the nations leading healthcare advisory firm and has an unparalleled breadth of capabilities and depth of experience. Back Bay Life Science Advisors. 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. Grant Thornton LLP Since being launched in 1998, the firm has grown significantly, and now has over 200 employees across offices in Boston, London, New York, and San Francisco. Headquarters: Chicago, IL. 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). Headquarters: Boston, MA. T do, Bridgespan is the nations leading healthcare advisory firm and its subsidiaries also help clients make that... Clients, accelerating project completion, and consulting services, and Asia this... 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