In just about every city you look at you can find boutique consulting firms. Hurons client base also features hundreds of Fortune 500 companies as well as small and midsize businesses. The firm focuses on delivering integrated solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. Copyright:The Top 50 Consulting Firms of 2022 publication is copyrighted material, produced and published by The Consulting Report. 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. This includes IT project & portfolio management, systems design, and software/hardware deployment. 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. 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. 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. Since 2018, Cognizant has also been at the forefront of using blockchain technologies to facilitate secure data sharing between companies. 90% of the hospitals on the "Best Hospitals Honor Roll by U.S. News & World Report work with the firm, and it serves more than 600 healthcare organizations annually. Posted 2:53:34 PM. The cost of the consulting services is usually less than MBB, but occasionally more. 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 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. 24. The good news for you is that there are quite a few top-notch boutique consulting firms across the country. Cornerstone also collaborates on the "Securities Class Action Clearinghouse" in conjunction with the Stanford University Law School, providing summary information regarding federal class action securities litigation in the U.S. Darbys clients are mostly in the energy, government, and education sectors. 48. Barrett, The Honors College . Headquarters: Boston, MA. Founded in 2014, Kalleid is a boutique laboratory IT consulting firm working across the value chain in R&D . Functioning as an expansive network of member firms, EYs 700 worldwide offices employ over 300,000 team members in more than 150 countries. McKinsey & Company 10. There are many reasons to consider joining a boutique, including work/life balance, firm culture, local staffing, and the ability to specialize. 26. With consumers turning to financing in droves, our single application, multiple lender solution is here for both consumers and businesses. It has consistently been the #1 most valued brand in the consulting industry and is associated with cutting-edge strategic approaches. 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. Strategic Communications handles public relations services for customers managing financial, regulatory and reputational challenges. However, your work/life balance will usually be more enjoyable working for a boutique consulting firm. 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. This help might include finding high-quality expert witnesses, providing economic and financial analysis to attorneys, and conducting research and analysis. 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. Forensic and Litigation Consulting covers investigative data analysis and forensic accounting services as well as construction solutions services. 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. 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. Notably, it was the first consulting firm dedicated to methodically applying rigorous microeconomic thought to litigation and regulatory matters. Founded in 1999 by Charles Bates and Halbert White, the firm currently has one office in Washington, D.C., with nearly 300 employees. The firm has a 97 percent client satisfaction rating, marking one of the highest ratings on our list of boutique consultancy firms. 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. Key Factors That Enabled Us to Include Alira Health on Our List of Top Healthcare Consulting Firms Interdisciplinary Approach 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. Sometimes these firms will focus on a specific industry, such as economic consulting or healthcare consulting. Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. Along with Deloitte, EY, and KPMG, PwC is recognized for being one of the Big Four accounting firms. 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. The main industries it focuses on is consumer products, retail, and life sciences. 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 Healthcare Partners They teach foundational skills to succeed both at ClearView and beyond. has become a major player in the global management consulting space. Cornerstone Research San Francisco California, The Bridgespan Group Boston Massachusetts, ClearView Healthcare Partners Newton Massachusetts, Eagle Hill Consulting Seattle Washington, Clarkston Consulting Durham North Carolina. Headquarters: Chicago, IL. 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 consulting firm opened its first international office in London in 1959 and has expanded steadily since. Further down are the "tier-2" consulting firms - Accenture, Oliver Wyman, LEK, etc. Consulting L.E.K. And Technology, a latent source of boosted revenue for the firm, provides specialized software to manage ediscovery risks. Headquarters: New York, NY. Raytheon Professional Services (RPS) is part of Raytheon Technologies (RTX), one of the largest defense contractors in the world. 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. Boston Consulting Group 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. The smaller firms are often referred to as boutique consulting firms. Included in its wide range of expertise are achievements in the fields of AI, cybersecurity, cloud infrastructure development, and business operations. Crowe LLP is a public accounting, consulting, and technology firm headquartered in Chicago and with offices around the world. EVERSANA MANAGEMENT CONSULTING is among the top 40 boutique consulting firms across the U.S, according to the annual list. 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. Stax was founded in Boston in 1994 and currently boasts more than 180 professionals in offices in Boston, Chicago, New York, and Colombo, Sri Lanka. Publicis Sapient 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. The T2/T3 offer pays me 25% higher but working hours go up to 60 per week. Headquarters: Washington, D.C. 12. I rejected T2/T3 offer. Primarily by providing strategy consulting and leadership development. Digital transformation and consulting firm Capgemini works to bring innovative solutions to corporate clients around the world. In 2018, NERA was ranked second in Vault's annual survey of the top firms in economic consulting. 22. Headquartered in New York City, Mercer exudes a large global presence, with more than 25,000 employees operating in more than 130 countries. Based on nominations and our further proprietary research, we have selected the 50 best firms. 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). Insight Sourcing has been recognized as one of Americas fastest growing private companys for eleven years in a row. But usually, they're around 20%-40% less than MBB per month. This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. 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. Services for these companies includes market opportunity evaluations, portfolio prioritization, analytical services, and product development strategies. They offer training opportunities both in class format, and on-the-job training. 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. They help provide corporations, governments, and other types of organizations with analytics, insights, and counsel on a wide variety of matters. 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. 30. Its a subsidiary of parent company Marsh & McLennan the consulting giant that earns annual revenue of nearly $20 billion. 39. The firm is also committed to sharing its diversity and equity values, as well as its environmental, social, and governance practices. 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. 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. #8 in best overall business outlook. For information pertaining to content permissions, please refer to The Consulting Reports award usage regulations. 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. This boutique firm attracts highly skilled individuals that have worked at the likes of Accenture and Deloitte consulting firms. Economic & Financial Consulting offers economic analysis and expert testimony for law firms, corporations, and government agencies. It is the nations leading healthcare advisory firm and has an unparalleled breadth of capabilities and depth of experience. 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.". Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. As of 2019, EYs strong U.S. presence has made it into the seventh-largest privately owned organization in the nation. 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. List of Top Life Science Consulting Firms: 100+ to Apply to Last Updated January, 2022 10,820 Views If you have a background in healthcare, pharma, or the life sciences and an interest in bringing new healthcare solutions into the world, life science consulting could be the right career path for you. Putnam has strong leadership and empowers its consultants to operate and succeed. It operates as an extensive network of firms in 145 countries with an employee base of more than 236,000. The firm is widely known for solving for the most complex business challenges and opportunities by integrating a wide variety of disciplines. Founded in 1965, CRA offers economic, financial, and strategic expertise to major law firms, corporations, accounting firms, and governments around the world. As a company, ClearView values and invests in employee development and leadership training. EY Parthenon, with the well-known shorthand of EY-P or EYP, is Ernst & Young's global strategy consulting division. Feb 1, 2023. . The rapid, widespread embrace of remote work policies driven by the COVID-19 pandemic has placed cybersecurity as a focal point of business success. ClearView works exclusively in the life sciences industry. 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 prides itself on its creative and energetic staff, cutting-edge technology and research, and its work with academic and industry experts. getty. 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. Headquarters: Mumbai, India. 8. These firms help their clients solve their biggest problems, capitalize on opportunities, and in some cases, avoid costly mistakes. Huron Consulting specializes in helping its client organizations navigate change and economic pressures in various dynamic environments. Insigniams belief is that culture fuels strategy. 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. 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. The Brattle Group Since the firms founding just after the turn of the century, it has provided guidance for more than 450 health systems, hospitals, and academic medical centers as well as approximately 400 colleges, universities, and research institutions and over 125 life sciences organizations. 2. Founded in 1982 as Forensic Technologies International, Ltd, FTI operates in just under 30 countries with an employee base of more than 6,200. Protiviti 12. In todays world of consulting, you will find that not all firms are created equal. Now, Publicis Sapient is working with Microsoft and other tech firms to transform how groceries are delivered, how people travel safely, and much more. TPG hires consultants with backgrounds in industrial engineering, commerce, and general business. Founded in 1973, Bain is one of the "Big Three" management consultancies (along with McKinsey & Co. and Boston Consulting Group). With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. Headquarters: New York, NY. Liked by Brittany Warren. Marsh knows that managing risk in today's environment is complex. Heres our list of the top 10 boutique consulting firms in the US for you to check out. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. When deciding which firms to apply for, we recommend searching for a few boutique consulting firms in your city for consideration. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. Booz Allen has been consistently recognized as an industry-leader in corporate citizenship, employee empowerment, and executive leadership. BCG boasts expertise in a wide array of industries, including aerospace and defense, automotive, oil and gas, consumer products, and more. Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. 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. 46. Ignyte is a boutique firm that specializes in management and digital experience consulting. The Consulting Report is pleased to announce The Top 50 Consulting Firms of 2022. 40. This years awardees comprise some of the most trusted and influential professional services firms in the world. 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. 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 firm has more than 500 employees across 13 offices in North America, Europe, and Asia. Boston Consulting Group. Since 1991, the firm has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results. Kaiser Associates The firm and its subsidiaries also help clients make decisions that lead to lasting value with its tax, advisory, and consulting services. 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. 9. 10. 5. Headquarters: San Francisco, CA. EY is known for offering assurance (financial audit), consulting, tax, and advisory services to its customers. Its clients include more than 200 government organizations across 47 states and territories, the U.S. Department of Health and Human Services, the U.S. Department of Labor, and large municipal governments. Best Boutique Firms: . Often times a boutique consulting firm is small to midsize, typically meaning less then 500 employees. 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. 41. 13. 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. "The ethos at Back Bay has always been about the nurturing of clients and teammates with equal . Unlike many consulting firms, it's a specialist, and tends to focus on a wide spectrum of areas within the life sciences industry. I work only 40 hours on average per week at my current firm. Below are 12 notable boutique consulting firms offering over $90,000 in total potential compensation for undergrad and master's degrees. Headquarters: New York, NY. All Rights Reserved. The pitch seems to be working, as Syneos Health continues to grow and currently boasts customers in more than 110 countries. The attorneys on these cases often times need expert consultants to help breakdown and understand complex economic or financial issues. Charles River Associates 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. It employs more than 10,000 employees in 25 offices in North America, South America, Europe, and Asia. Corporate Finance and Restructuring provides business turnaround services, including support for restructuring, litigation, insolvency, and interim management. ClearView works with its clients to create actionable strategic insight into product planning, pricing & and market analysis, and marketing strategy. It is distinguished by the clarity of its insights and the credibility of its experts, which include leading international academics and industry specialists. That's why the globally acclaimed multinational firm provides data driven risk advisory services and insurance solutions to its clients. Over the years, Kroll has been hired by multinational corporations and governments alike to investigate a wide range of issues. Please join us in celebrating The Top 50 Consulting Firms of 2022. ClearView is a boutique firm with a workforce of more than 400 professionals across offices in Boston, San Francisco, London, and Zurich, Switzerland. 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. 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. Some of its clients have included the Department of the Treasury, Department of Justice, NASA, and more. 4. 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