In addition, Back Bay Life Science Advisors earned notable rankings among boutique consulting firms, including: #5 in client interaction. Some of its clients have included the Department of the Treasury, Department of Justice, NASA, and more. Notably, it was the first consulting firm dedicated to methodically applying rigorous microeconomic thought to litigation and regulatory matters. Recognized as the fourth-largest privately owned firm in the U.S., PwC's global revenues were a whopping $42.4 billion for the 2019 fiscal year. 12. 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. The smaller firms are often referred to as boutique consulting firms. By some estimates, there are thousands of consulting firms around the world. Seroquel prices Archaeological Consulting Services - A Commonwealth Heritage Group, Inc. Company, a 40-year-old corporation of the State of Arizona, providing a wide range of cultural resource, environmental planning, and Geographic Information Systems (GIS) services. The firm, initially not officially known by its initialism, came into being through the 1989 merger of two accounting firms, Ernst & Whinney and Arthur Young & Co. The firm has followed the trends of the sector by augmenting its service portfolio to include markets adjacent to accounting, adding strategy, operations, HR, technology, and financial services consulting. Ignyte is a boutique firm that specializes in management and digital experience consulting. Deloitte is a storied institution that traces its roots back to its founding in 1845. Arthur D. Little Featuring an unparalleled 360 research capability as well as rigorous analytic capabilities, the firm has earned a stellar reputation due to its benchmarking, competitive analysis, ability to listen to the voice of the customer, commercial diligence, work supporting investment decisions, and other externally driven strategic development work. 46. They help provide corporations, governments, and other types of organizations with analytics, insights, and counsel on a wide variety of matters. The firms banner Technology Solution Delivery capability is how it enables people and processes via strength of technology. The firm has a 97 percent client satisfaction rating, marking one of the highest ratings on our list of boutique consultancy firms. In 2018, NERA was ranked second in Vault's annual survey of the top firms in economic consulting. 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. Its a subsidiary of parent company Marsh & McLennan the consulting giant that earns annual revenue of nearly $20 billion. 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. Crowe LLP is a public accounting, consulting, and technology firm headquartered in Chicago and with offices around the world. Cornerstone boasts a workforce of more than 700 professionals across eight offices in the United States and United Kingdom. Boston Consulting Group (BCG) is a global management consulting firm and one of the Big Three management consultancies. 11. The cost of the consulting services is usually less than MBB, but occasionally more. Boston Consulting Group The main industries it focuses on is consumer products, retail, and life sciences. 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. Founded in 1963 by Bruce Henderson, BCG partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. There are many reasons to consider joining a boutique, including work/life balance, firm culture, local staffing, and the ability to specialize. became the first global major management consulting firm to hold carbon neutral status. 8. Global consulting firm Huron Consulting pledges to deliver sustainable, long-lasting results to its clients, providing deep expertise in advisory services covering technology, strategy, operations, and analytics to drive results in industries such as higher education, healthcare, commerce, and life sciences. It is the nations leading healthcare advisory firm and has an unparalleled breadth of capabilities and depth of experience. Its clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations. Often times a boutique consulting firm is small to midsize, typically meaning less then 500 employees. Just as some companies retain the names of long-gone . Ursula Burns, the former CEO of Xerox, has been chosen as the chairwoman of the company with the departure of Declan Kelly, the former CEO and chairman of the company, and also co-founder As highlighted by the widespread SolarWinds security breach, the public and private sector can no longer afford to act separately when it comes to cybersecurity. It operates as an extensive network of firms in 145 countries with an employee base of more than 236,000. 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. 33. The operation of CSGs business is characterized by The CSG Way, an environment that emphasizes teamwork, communication, and consistent high-quality work. Clarkston is a business and technology consulting firm based in North Carolina. Among the firms many awards, Booz Allen is a three-time honoree of the Worlds Most Ethical Companies award from the Ethisphere Institute. As an industry leader in business consulting, outsourcing, and information technology solutions, Cognizant has long been hailed for its results and resilience. Sometimes the firms services will extend throughout the entirety of a case in court. Major project achievements include assisting the U.K. government on the privatization of passenger train operating companies in the mid-1990s, providing strategic and commercial advice on the world's largest airline merger in 2007, and opening its fifth European office in Madrid, Spain in 2021. When deciding which firms to apply for, we recommend searching for a few boutique consulting firms in your city for consideration. It specializes in helping clients by improving the most important asset for every organization: its people. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. This includes the 2018 acquisition of Kroll, which was used in the firm's renaming process that was completed in 2022. 18. The firm was recognized in the 2021 Vault Consulting 50 list of the best consulting firms to work for. The top firms in this category are: Advancy, EY-Parthenon, Strategy&, Kearney, LEK, OC&C, Oliver Wyman, Roland Berger, and PwC Strategy&. 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. ADL is also an innovator of business strategy and operations research, which it has honed during its more than 130-year history. 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. These boutique consulting firms can be great opportunities to develop an expertise in a specific sector. The Brattle Groups clients include many of the worlds best-performing and most admired companies, law firms, and industry organizations, as well as U.S. and international regulatory and government agencies. Keystone Strategy The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world. Eagle Hill Consulting. Kx Advisors. The firm boasts a workforce of more than 14,000 professionals who provide guidance to public, private, and non-profit organizations of all sizes. Headquarters: Boston, MA. 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. Barrett, The Honors College . The firm has received many awards for its workplace equality, global culture, and environmental records, including the Human Rights Campaign Award for Workplace Equality Innovation. 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. This includes designing strategy and implementing plans and performance measures for multi-million-dollar donations. services nearly all industries and functions, it is best regarded for its work in healthcare and private equity. These firms help their clients solve their biggest problems, capitalize on opportunities, and in some cases, avoid costly mistakes. Kearney is a leading global management consulting firm with more than 4,200 people working in more than 40 countries. 28. 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. Clarkstons services to clients include strategy & innovation consulting for sales and marketing, project and program management, and new system implementation. The Brattle Group provides consulting services and expert testimony in economics, finance, and regulation to corporations, law firms, and public agencies. 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. 43. 39. This boutique firm attracts highly skilled individuals that have worked at the likes of Accenture and Deloitte consulting firms. With headquarters in McLean, Virginia in the Greater Washington, D.C. area and 80 other global offices, Booz Allen is made of approximately 29,200 engineers, scientists, software developers, technologists, and consultants. With more than 5,000 employees across 85+ offices in over 25 countries, global consulting firm Protiviti has made tremendous progress during the past two decades. Kaiser Associates was founded as a spin-off from Strategic Planning Associates (now Oliver Wyman) by Michael Kaiser and is now based both in Washington D.C., and London, with a third office in So Paulo. CohnReznick recently launched its Gamechangers in ESG Awards program to recognize U.S. businesses that are changing the game through their commitment to environmental, social, and governance (ESG) strategies and practices. Named for its founder, the firm pioneered the concept of contracted professional services and played a key role in the development of the word processor, the first synthetic penicillin, LexisNexis, SABRE, and NASDAQ. Economic & Financial Consulting offers economic analysis and expert testimony for law firms, corporations, and government agencies. Consulting 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. The rapid, widespread embrace of remote work policies driven by the COVID-19 pandemic has placed cybersecurity as a focal point of business success. Kaiser Associates Headquarters: Menlo Park and San Ramon, CA. Because your small firm may not take on as many different types of projects, your learning opportunities may be more limited. The goals of Darby on project include reducing project backlog for clients, accelerating project completion, and reducing cost by time management. Putnam has strong leadership and empowers its consultants to operate and succeed. 26. Alvarez & Marsal 4. 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. While L.E.K. That's good news for its client roster, which has grown steadily to include 19 of the top 20 global biopharmaceutical companies. 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. 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. Headquarters: New York, NY. Sectors. But usually, they're around 20%-40% less than MBB per month. 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. 20. Oliver Wyman #10 in firm leadership. 49. Corporate Finance and Restructuring provides business turnaround services, including support for restructuring, litigation, insolvency, and interim management. KPMG provides adept consultation for highly varied situations. 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. About 25% of its work comes from clients in Europe and Asia and 40% has a major international component. The firms Nexia International affiliation expands its reach to more than 128 countries. 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 more specific and things that MBB doesn't do, then you might find those things outside of it. 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. Further, Grant Thornton consultants are consistently awarded with some of the industrys top accolades. The battle for a healthcare.gov contract with The Centers for Medicare & Medicaid Services has endured a long series of bid protests. As a boutique consulting firm, Clarkston does a fantastic job of working to keep employee relations healthy and strong. Our list of the top 10 boutique consulting firms in the US were some we wanted to highlight, but there are many world class firms that would categorize themselves as boutique. Among other awards, they were recognized in the 2021 Vault Consulting 50 list of top employers. 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. Forensic and Litigation Consulting covers investigative data analysis and forensic accounting services as well as construction solutions services. 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. In addition to financial success, the firm frequently receives top accolades from the likes of Fortune, The Financial Times, and Vault. Best Boutique Firms: . Life science consulting & investment banking | Back Bay Life Science AdvisorsAbout. McKinsey & Company. DayBlink works with clients across multiple platforms, including early stage startups, allowing employees a unique opportunity to work with and develop companies from the beginning. 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. Each year, the firm presents the Brattle Prize at the American Finance Association's annual meeting. McKinsey & Company This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. 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. This includes IT project & portfolio management, systems design, and software/hardware deployment. The big . Headquarters: Washington, D.C. FTI Consulting, headquartered in Washington, D.C., is counted among the largest financial consulting firms in the world, typically ranking highly in consulting firm industry listings. The firm specializes in risk and advisory services with an internal audit expertise that spans a variety of areas. With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. 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. If you're applying to consulting firms, you're probably familiar with the MBB firms (McKinsey, Bain, and BCG) and the Big 4 (Deloitte, KPMG, PwC, and Ernst & Young). 30. 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. Headquarters: New York, NY. Headquarters: Chicago, IL. CSG Government Solutions We strive to bring a new approach to consulting with original ideas that deliver a meaningful impact. 7. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. Since 2009, Global Competition Review has included Bates White in its annual "Economics 20" for top antitrust and competition economics consultancies every year. 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. 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. 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. The T2/T3 offer pays me 25% higher but working hours go up to 60 per week. The firm and its subsidiaries also help clients make decisions that lead to lasting value with its tax, advisory, and consulting services. Digital transformation and consulting firm Capgemini works to bring innovative solutions to corporate clients around the world. Back Bay Life Science Advisors Ranked Among Top Five Best Boutique Consulting Firms Nationwide. 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. Technology and management consulting firm Kenway specializes in technology solution delivery, enterprise program leadership, and information insight. Cornerstone Research works with attorneys on commercial litigation cases. 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. Syneos Health Contact Us Our Purpose We are proud to be part of an industry that is pushing the boundaries of science and technology to improve people's lives. If you want to feel good about the consulting work you do, Bridgespan is the company for you. 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. 38. The Keystone Group 34. The gender gap in the healthcare industry has always been a looming indicator of societal inequalities for women in the workplace. The firm focuses on delivering integrated solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. This help might include finding high-quality expert witnesses, providing economic and financial analysis to attorneys, and conducting research and analysis. 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. BCG boasts expertise in a wide array of industries, including aerospace and defense, automotive, oil and gas, consumer products, and more. This is a consulting firm that found its niche, and has excelled in its field ever since opening its doors. The analyst pay commensurate with that is usually less than for MBB firms. Liked by Brittany Warren. Crowe uses its deep industry expertise to provide audit services to public and private entities. has become a major player in the global management consulting space. 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. 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. 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. The EY rebranding campaign of 2013 solidified what had been an informal moniker. Founded in 2014, Kalleid is a boutique laboratory IT consulting firm working across the value chain in R&D . 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. 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. In todays world of consulting, you will find that not all firms are created equal. Raytheon Technologies Feb 1, 2023. This company was founded specifically to address this market, and have been leaders in life science consulting since. In June 2021, Capgemini partnered with Sanofi, Orange & Generali to launch Future4care, a European start-up accelerator focused on digital healthcare. #9 in informal team training. 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. As of 2019, EYs strong U.S. presence has made it into the seventh-largest privately owned organization in the nation. 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. ClearView works with its clients to create actionable strategic insight into product planning, pricing & and market analysis, and marketing strategy. Headquarters: Chicago, IL. The Top 10 Consulting Firms in North America for 2021 are: Bain & Company. 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. 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. It is distinguished by the clarity of its insights and the credibility of its experts, which include leading international academics and industry specialists. Clients also include the philanthropist donors themselves, who are looking to get the most out of their donations. Having a positive attitude is rewarding . In 2021, Putnam received numerous top honors, including being ranked by Vault as the #1 Consulting Firm for Health and Wellness. The firm provides expertise in industries including cybersecurity, data analytics, and digital technologies. 47. Keystone combines the strategic insights of leading academic experts from Harvard, Stanford, MIT, Wharton, and other top universities with the practical industry expertise of its accomplished network of professionals to deliver extraordinary impact. Initially an in-house tech unit for data analytics firm Dun & Bradstreet, Cognizant has achieved remarkable growth over the past decades, rising to the top 200 of the Fortune 500 list last year. The acquisition valued Kroll at just north of $4 billion. CSG works with its clients collaboratively to deliver results. Booz Allen has been consistently recognized as an industry-leader in corporate citizenship, employee empowerment, and executive leadership. 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. 6. "The ethos at Back Bay has always been about the nurturing of clients and teammates with equal . Founded in 1989, Cornerstone Research is a litigation consulting firm based in San Francisco, California. Serving more than 50% of the S&P 500, corporate recovery specialist Kroll, LLC is no stranger to receiving honors for being one of the top consulting firms in the world. As a result, McKinseys alumni pool has generated the greatest number of Fortune 500 CEOs. The firm has more than 500 employees across 13 offices in North America, Europe, and Asia. Tata Consultancy Services With nearly 300,000 employees working from home since March 2020, Cognizant continues to expand its reputation for quality digital solutions and workplace innovation, with particular focus on its Work Ahead AI action and research initiative. 10. Large logistics companies . 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. If we had to choose a "one-stop-shop" category, this would be it. Unlike many consulting firms, it's a specialist, and tends to focus on a wide spectrum of areas within the life sciences industry. The firms projects include cross-functional support at the corporate, franchise, and product levels for pharmaceutical, biotech, medical device, and diagnostics companies worldwide. The Consulting Report is pleased to announce The Top 100 IT Consulting and Services Companies of 2021. Keystones rich expertise in strategy, economics, data analysis, product development, intellectual property, and antitrust make it stand out in the consulting industry. Their focus is to plan and deliver new IT methods, designed specifically for each client to grow and maximize the value of their projects. Eagle Hill is a smaller firm, but offers excellence in a pretty full range of services, tailored to clients needs. Founded in New York City during the mid-1980s (by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman), the firm has since become the fastest-growing management consulting firm today. 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. Might include finding high-quality expert witnesses, providing economic and Financial analysis to attorneys, and software/hardware deployment clarkston a. Testimony for law firms, including being ranked by Vault as the # 1 for Best Culture... Was the first consulting firm dedicated to methodically applying rigorous microeconomic thought to litigation and matters... Life sciences retail, and government agencies best boutique life science consulting firms just North of $ 4 billion we work with more than countries. Its doors you might find those things outside of it that not all firms are referred... 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