CohnReznicks history of social advocacy has helped strengthen housing policies and paved the way for emerging industries like cannabis. Cornerstone boasts a workforce of more than 700 professionals across eight offices in the United States and United Kingdom. The big . In fact, it serves more than 80% of the worlds largest 100 financial institutions and in 2021 it reported $2.5 billion in annual revenue. Below are 12 notable boutique consulting firms offering over $90,000 in total potential compensation for undergrad and master's degrees. As an industry leader in business consulting, outsourcing, and information technology solutions, Cognizant has long been hailed for its results and resilience. The operation of CSGs business is characterized by The CSG Way, an environment that emphasizes teamwork, communication, and consistent high-quality work. These boutique consulting firms can be great opportunities to develop an expertise in a specific sector. The IT services brought to life by this firm include top-tier cyber, cloud, and enterprise IT service delivery. 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). Among its numerous awards, in 2007 L.E.K. 47. 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. The battle for a healthcare.gov contract with The Centers for Medicare & Medicaid Services has endured a long series of bid protests. 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. Headquarters: New York, NY. Charles River Associates The firm specializes in risk and advisory services with an internal audit expertise that spans a variety of areas. We strive to bring a new approach to consulting with original ideas that deliver a meaningful impact. While L.E.K. 29. The firm is routinely recognized as one of the top 10 consulting companies in fraud, forensic, and investigation services. Over the years, Kroll has been hired by multinational corporations and governments alike to investigate a wide range of issues. 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. Certain industries require especially high degrees of accuracy and security, and the Science Applications International Corporation (SAIC) is the firm trusted most by governments and other entities with IT support for sensitive, high-end missions. ZS Associates With an entry deadline of June 30, 2022 and winners announced in the fall, the program provides a platform for organizations to communicate their ESG stories and be recognized for their accomplishments whether they are just starting their ESG journey or are well on their way. 8. The firm has leveraged its substantial consulting prowess in a number of high-profile, media-centric cases, including the investigation into the Bernard Madoff fraud, the Lehman Brothers and General Motors bankruptcies, the Bush v. Gore case, and the Major League Baseball steroid investigations of January 2020. The Keystone Group Established in 1932 as Duff & Phelps, the firm has since added more than 30 complimentary companies to its robust portfolio. The firm has also made a 10-year commitment to invest more than $1 billion in pro bono services to bring its expertise and insight to organizations tackling todays urgent challenges in education, racial equity, social justice, economic development, and the environment. Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. 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. Having a positive attitude is rewarding . Darbys clients are mostly in the energy, government, and education sectors. Kaiser Associates TPG hires consultants with backgrounds in industrial engineering, commerce, and general business. Hurons client base also features hundreds of Fortune 500 companies as well as small and midsize businesses. The firm boasts a workforce of more than 14,000 professionals who provide guidance to public, private, and non-profit organizations of all sizes. 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. Remarkably, Marsh's $5.98 billion in 2016 revenue accounted for 45% of the parent company's total fiscal year revenue. Forensic and Litigation Consulting covers investigative data analysis and forensic accounting services as well as construction solutions services. In addition, Back Bay Life Science Advisors earned notable rankings among boutique consulting firms, including: #5 in client interaction. Based in Morrisville, North Carolina, Syneos Health is a biopharmaceutical solutions management consulting firm making waves in the life sciences industry. Boutique consulting firms are management consulting firms that tend to specialize in an area of expertise or have close connections to local clients. became the first global major management consulting firm to hold carbon neutral status. As for exit opportunities, I do not see much differentiation. 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. The top firms in this category are: Advancy, EY-Parthenon, Strategy&, Kearney, LEK, OC&C, Oliver Wyman, Roland Berger, and PwC Strategy&. However, the Type A in me is obsessed with prestige and wondered . Further, Grant Thornton consultants are consistently awarded with some of the industrys top accolades. The firm's clients in this area include large multinational companies, high growth middle-market businesses, small commercial enterprises, and high net-worth private clients. The firm has held a leadership position in community investment for more than 35 years and a 15-year commitment to the cleantech and renewable energy industries. Founded in June of 2004 on the core principles of being good and being truthful, the firm has a resolute vision "to transform business by doing what is right," with a critical stated focus on helping businesses achieve their objectives through the enablement and enhancement of both process and technology. In its 20-plus-year history, Bates White has received a number of awards and accolades from industry experts celebrating the firm as a top place to work or internship at. 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. Key Factors That Enabled Us to Include Alira Health on Our List of Top Healthcare Consulting Firms Interdisciplinary Approach Boston Consulting Group With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. British-Dutch multinational professional services network KPMG International Limited, often shortened to KPMG, is well known as one of the Big Four accounting organizations. 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. Established in 1997, CSG recently celebrated 25 years serving as a trusted advisor to the public sector. Protiviti Since 1926 when James O. McKinsey, a University of Chicago professor, opened a consulting office in Chicago, the firm has provided strategic advice to corporations and other organizations. The consulting firm opened its first international office in London in 1959 and has expanded steadily since. Eagle Hill is a smaller firm, but offers excellence in a pretty full range of services, tailored to clients needs. Corporate Finance and Restructuring provides business turnaround services, including support for restructuring, litigation, insolvency, and interim management. L.E.K. Insight Sourcing focuses almost exclusively on strategic sourcing and procurement. The firm provides expertise in industries including cybersecurity, data analytics, and digital technologies. The Consulting Report is your comprehensive source for business news, leadership dynamics and corporate actions related to the consulting, professional services and tech services industries. About 25% of its work comes from clients in Europe and Asia and 40% has a major international component. Headquartered in Brussels, Belgium, Arthur D. Little (ADL) is an international management consulting firm with over a century of heritage. Headquarters: Boston, MA. 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. 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. 45. It operates as an extensive network of firms in 145 countries with an employee base of more than 236,000. ZS Associates was founded in 1983 by two professors at Northwestern University who developed sales force alignment models using the worlds first personal-computer-aided territory mapping system. 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. 9. Kearney consistently ranks high on a variety of lists for both the consulting industry and the wider business world. Feb 1, 2023. Eagle Hill Consulting. In addition to consulting, Bridgespan makes case studies freely available on its website and publications. Headquarters: New York, NY. The 2019 Vault Guide once again named Putnam Associates the #1 Best Boutique Consulting Firm in North America, and ranked the firm #6 Overall among Top 50 Consulting Firms. Headquarters: New York, NY. Within life sciences, ClearView Healthcare Partners segments its clients into four main groups: Pharmaceuticals Biotechnology Medical devices Diagnostic clients In the 2022 Vault Consulting 50, ClearView Healthcare Partners was ranked #17 overall, which is a drop from its #7 ranking in 2021. Back Bay Life Science Advisors Ranked Among Top Five Best Boutique Consulting Firms Nationwide. Putnam focuses solely on the life science industries, allowing us to provide unparalleled depth, experience and insight into our client's most . BCG is driven by more than 25,000 employees across 90-plus offices in over 50 countries and regions. Crowe uses its deep industry expertise to provide audit services to public and private entities. 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. Headquarters: Boston, MA. It is distinguished by the clarity of its insights and the credibility of its experts, which include leading international academics and industry specialists. 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. The firm has experienced professionals in almost 20 industry groups who consult on nearly every aspect of business, from finance and technology to operations and compliance as well as risk mitigation, mergers and acquisitions, strategy, cybersecurity and workforce management. Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. 28. Raytheon Professional Services (RPS) is part of Raytheon Technologies (RTX), one of the largest defense contractors in the world. This years awardees comprise some of the most trusted and influential professional services firms in the world. The Keystone Group. Some firms are very small and specialized, and others are massive and have their hands in every business sector imaginable. The firm is specifically a titan in the fields of corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, and technology. Oliver Wyman 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. In 2019 and 2020, Gartner stated that Deloitte was the No. has become a major player in the global management consulting space. It is the nations leading healthcare advisory firm and has an unparalleled breadth of capabilities and depth of experience. BCG boasts expertise in a wide array of industries, including aerospace and defense, automotive, oil and gas, consumer products, and more. 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. Whether massive global firms or small boutiques, clients rely on these firms for revenue growth, operational improvements, human capital management, and digital transformation, among many other services. Headquarters: Brussels, Belgium. The firm is a preferred thought partner to the worlds most highly valued corporations, PE firms, and government entities, guiding them in turning their most difficult obstacles into extraordinary growth and productivity opportunities. Putnam Associates is a specialist firm serving primarily in the healthcare sector. The firm's roots stretch back to the first decade of the twentieth century, after one of its founders studied railroad risk and insurance needs by spending 30 days riding the rails. 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. As experts in technology integration, RPS develops and delivers solutions that use the right technologies, tools, and processes to help with a single training element or a comprehensive, enterprise-wide program. Its clients are pretty diverse, covering all levels of government, healthcare, legal, startups, financial services, and more. 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. 48. Strategic Communications handles public relations services for customers managing financial, regulatory and reputational challenges. Sometimes these firms will focus on a specific industry, such as economic consulting or healthcare consulting. Headquarters: Chicago, IL. It has been ranked in the top 10 in Vault's Consulting 50 multiple times, and in Consulting magazine's Best Firms to Work For. The firm has more than 500 employees across 13 offices in North America, Europe, and Asia. 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. Marsh knows that managing risk in today's environment is complex. McKinsey & Company 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 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. With next-level solutions in IT modernization and engineering on offer, SAIC is a critical supplier of IT expertise to the space, defense, and intelligence industries. 20. TCS cloud platforms are fostering development across Asia, and the firms ADD Safety software was recently granted an award for using AI to radically improve pharmacological outcomes. CohnReznick LLP Putnam has strong leadership and empowers its consultants to operate and succeed. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. Along with Deloitte, EY, and KPMG, PwC is recognized for being one of the Big Four accounting firms. This firm is led by a former Harvard Business School professor, and previous Bain & Company alumni. 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). Ignyte is a boutique firm that specializes in management and digital experience consulting. 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 firm is fueled by a combination of cutting-edge research, state-of-the-art methods, and proven experience, and includes a diverse team of more than 800 professionals from over 50 countries. He believed that if his firm always strove to do what was best for its clients, it would in turn end up working out well for the firm. As a boutique consulting firm, Clarkston does a fantastic job of working to keep employee relations healthy and strong. 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. In 2002, Protiviti was formed with the recruitment of more than 700 Arthur Andersen staffers (in the wake of its collapse), including some 50 partners of the firm. 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. With revenues of $1.97 billion, 51 offices, and more than 9,000 problem-solvers across the U.S., the firm is also the largest member of the Grant Thornton International Ltd global network. No other firm in the world has as much consulting prestige as McKinsey & Company. Clients also include the philanthropist donors themselves, who are looking to get the most out of their donations. Consulting Market Revenues Reach Record 18 Billion, AE Industrial Partners Boosts Cyber Investment With Stake in REDLattice, Creating and Protecting Quantum IP Is the Key to a Competitive Edge, Booz Allen Hamilton Executive Discusses Company Strategy, Underrepresentation In Female Leadership Sounds An Alarm In The Healthcare Industry, Teneo Announces New Chairwoman, Ursula Burns, Why Cybersecurity Success Depends On Public-Private Partnership, The Top 100 IT Consulting and Services Companies of 2021, Deloitte Expands Cloud-Services Portfolio With Acquisition Of CloudQuest, Accentures History With Healthcare.gov Factors Into Current CMS Contract, The Top 25 Women Leaders in Cybersecurity IT Services of 2021, Kaiser Permanente To Partner With Accenture, Microsoft For Cloud Expansion. The firms banner Technology Solution Delivery capability is how it enables people and processes via strength of technology. At the time, the firm was known as Marsh & McLennan. The Consulting Report is pleased to announce The Top 100 IT Consulting and Services Companies of 2021. Teneo works exclusively with the CEOs and senior executives of the worlds leading companies, providing strategic counsel across their full range of key objectives and issues. PricewaterhouseCoopers Headquarters: Morrisville, NC. Putnam has strong leadership and empowers its consultants to operate and succeed. Teneo was founded in June 2011 by Declan Kelly, Paul Keary, and Doug Band and currently has more than 1,450 employees located in 40 offices. Equipped with an expertise in human behavior, he and his early colleagues went on to advise private. Economic & Financial Consulting offers economic analysis and expert testimony for law firms, corporations, and government agencies. While the firm offers a wide range of consulting services, it is best known for its work within banking and financial services. The global logistics market is continuously changing due to technological innovation, sustainability efforts, need for goods and materials, the emergence of new markets, and mergers and acquisitions. It has more to do with how the firm views itself, then actually meeting a pre-determined set of requirements. Bain & Company ADL is also an innovator of business strategy and operations research, which it has honed during its more than 130-year history. by Throwaway9999994x. The rapid, widespread embrace of remote work policies driven by the COVID-19 pandemic has placed cybersecurity as a focal point of business success. Following the merger, more than 27,000 talented Syneos Health individuals now form one unique brand that offers a mix of research and advisory services. This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. Its a subsidiary of parent company Marsh & McLennan the consulting giant that earns annual revenue of nearly $20 billion. Please join us in celebrating The Top 50 Consulting Firms of 2022. Headquarters: Washington, D.C. Insight Sourcing has been recognized as one of Americas fastest growing private companys for eleven years in a row. Public, private, and others are massive and have their hands in every sector... Policies and paved the way for emerging industries like cannabis putnam has strong leadership and empowers its consultants operate... Opportunities, I do not see much differentiation company Marsh & McLennan, makes... Clarkston does a fantastic job of working to keep employee relations healthy and strong almost on! Services to public, private, and education sectors and Restructuring provides business turnaround services, tailored to clients.... 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Diverse, covering all levels of government, healthcare, legal, startups, financial services 's $ 5.98 in! Then actually meeting a pre-determined set of requirements total fiscal year revenue is biopharmaceutical! And processes via strength of Technology total fiscal year revenue however, the firm provides expertise industries... 1997, CSG recently celebrated 25 years serving as a top consulting firm with over a century of heritage Health! And 40 % has a major international component almost exclusively on strategic Sourcing and procurement the,! Specific industry, such as economic consulting or healthcare consulting public and private entities clients in and... To do with how the firm has more to do with how the firm specializes risk! Focuses almost exclusively on strategic Sourcing and procurement for law firms, corporations, more. Endured a long series of bid protests COVID-19 pandemic has placed cybersecurity as a consulting. Among boutique consulting firms of 2022 that deliver a meaningful impact Marsh knows managing! 5 in client interaction, an environment that emphasizes teamwork, communication, non-profit! Firm include top-tier cyber, cloud, and others are massive and have their hands every... Addition to consulting, Bridgespan makes case studies freely available on its website publications... North America, Europe, and consistent high-quality work fantastic job of to. Mostly in the healthcare sector which include leading international academics and industry specialists headquartered in Brussels, Belgium, D....
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