The firm prides itself on its creative and energetic staff, cutting-edge technology and research, and its work with academic and industry experts. About 25% of its work comes from clients in Europe and Asia and 40% has a major international component. The Keystone Group Booz Allen Hamilton has evolved from its humble beginnings 107 years ago when it was started by Edwin G. Booz as a service offering impartial advice to then-nascent organizations such as Goodyear, Canadian Pacific Railway, and the like. The award is given for outstanding papers on corporate finance published in the Journal of Finance. 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. Indeed, it has ranked in the top 10 of Vault's best consulting firms since the list was created in 2001. Further, Grant Thornton consultants are consistently awarded with some of the industrys top accolades. 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. Insight Sourcing has been recognized as one of Americas fastest growing private companys for eleven years in a row. 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 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. The firm is specifically a titan in the fields of corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, and technology. 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. 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. Boston Consulting Group (BCG) is a global management consulting firm and one of the Big Three management consultancies. The firm offers tailored solutions to a broad range of publicly- and privately-held organizations across a wide range of industries, government agencies, financial institutions, and civic and religious organizations. The firm categorizes its consulting methodology into four areas: reveal, unhook, invent, and implement. This includes placing in Best Places To Work In Chicago in 2020 and 2021 and being honored as one of the Best and Brightest Companies to Work For by the National Association for Business Resources for four consecutive years. In June 2021, Capgemini partnered with Sanofi, Orange & Generali to launch Future4care, a European start-up accelerator focused on digital healthcare. was awarded the Queen's Award for Enterprise for international trade and export. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. It is distinguished by the clarity of its insights and the credibility of its experts, which include leading international academics and industry specialists. This boutique firm attracts highly skilled individuals that have worked at the likes of Accenture and Deloitte consulting firms. Founded in 1999 by Charles Bates and Halbert White, the firm currently has one office in Washington, D.C., with nearly 300 employees. The goals of Darby on project include reducing project backlog for clients, accelerating project completion, and reducing cost by time management. Charles River Associates The Accounting, Finance & Technology category consists of Accenture, Booz Allen, Deloitte, KPMG, EY, PwC, and Wavestone. Since 1991, the firm has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results. The ranking is based on employee participation in an anonymous, open-ended survey that covers topics ranging from workplace culture to quality of life, and more. The Top 10 Consulting Firms in North America for 2021 are: Bain & Company. In addition, as of 2020, PwC US has been on Fortune's 100 Best Companies to Work For in the US for 16 years. 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. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. 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. 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. 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. Eagle Hill is a smaller firm, but offers excellence in a pretty full range of services, tailored to clients needs. This includes designing strategy and implementing plans and performance measures for multi-million-dollar donations. 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. 12. While L.E.K. Booz Allen Hamilton As a boutique consulting firm, Clarkston does a fantastic job of working to keep employee relations healthy and strong. Since 1983, when NERA was acquired, it has remained a part of the Oliver Wyman Group, a subsidiary of Marsh & McLennan Companies, Inc. 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. 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. 45. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. Headquartered in New York City, Mercer exudes a large global presence, with more than 25,000 employees operating in more than 130 countries. It was created in 2017 from the merger of INC Research and inVentiv Health the parent company of a subsidiary, Syneos. Clarkstons services to clients include strategy & innovation consulting for sales and marketing, project and program management, and new system implementation. 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. 33. Raytheon Professional Services (RPS) is part of Raytheon Technologies (RTX), one of the largest defense contractors in the world. West Monroe. Cornerstone boasts a workforce of more than 700 professionals across eight offices in the United States and United Kingdom. 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. Insigniams organization transformation service holds a core value proposition of enabling clients to build a bond and collaboration amongst their people. 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. As a company, ClearView values and invests in employee development and leadership training. It has more than 60 offices in Europe, North America, the Middle East, and Asia-Pacific and employs over 5,000 professionals. 4. 7. 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. Copyright:The Top 50 Consulting Firms of 2022 publication is copyrighted material, produced and published by The Consulting Report. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. L.E.K. With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. ZS Associates Putnams clients are very diverse, from small start-ups to fortune 500 companies. By the latest reckonings, Tata Consultancy Services (TCS) is the largest and most valuable IT services provider in the world. 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. 41. 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. As of 2019, EYs strong U.S. presence has made it into the seventh-largest privately owned organization in the nation. 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. The firm partners with clients to provide data-driven, actionable insights designed to drive growth, enhance profits, increase value, and make better investment decisions. CRA provides a wide range of solutions to organizations in communications, retail and distribution, life sciences, energy, and other industries, and its services include analytics, forensic accounting, mergers and acquisitions, and more. Meanwhile, Putnam has also become the strategic partner of choice for venture-backed biotech companies, franchises, and a range of others in the life sciences space. In addition, Back Bay Life Science Advisors earned notable rankings among boutique consulting firms, including: #5 in client interaction. This includes IT project & portfolio management, systems design, and software/hardware deployment. Headquarters: Menlo Park and San Ramon, CA. Since 2009, Global Competition Review has included Bates White in its annual "Economics 20" for top antitrust and competition economics consultancies every year. 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. The firm is also committed to sharing its diversity and equity values, as well as its environmental, social, and governance practices. It has more to do with how the firm views itself, then actually meeting a pre-determined set of requirements. 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). FTI Consulting 46. The rapid, widespread embrace of remote work policies driven by the COVID-19 pandemic has placed cybersecurity as a focal point of business success. Ignyte was recently named among the citys best companies to work for, and was founded by previous Big Four consultants. Clarkston is a business and technology consulting firm based in North Carolina. Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. McKinsey & Company. Primarily by providing strategy consulting and leadership development. Keystones rich expertise in strategy, economics, data analysis, product development, intellectual property, and antitrust make it stand out in the consulting industry. Back Bay Life Science Advisors is ranked among the Best Boutique Consulting Firms, according to the Vault 2022 rankings. 31. BCG boasts expertise in a wide array of industries, including aerospace and defense, automotive, oil and gas, consumer products, and more. With over 1,400 employees and 21 offices worldwide, the firm brings in roughly $500 million in annual revenue. Now based in New York City, much of the firm's success stems from its unique culture of hard work and zealous employees. CSG Government Solutions However, your work/life balance will usually be more enjoyable working for a boutique consulting firm. Currently at a boutique/inhouse firm. 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. Its clients have included Lehman Brothers, HealthSouth, Tribune Company, Warnaco, Interstate Bakeries, Target, Darden Restaurants, and Arthur Andersen. Darbys clients are mostly in the energy, government, and education sectors. 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. 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. These boutique consulting firms can be great opportunities to develop an expertise in a specific sector. McKinsey, Boston Consulting Group and Bain & Company dominate the consulting industry, most notably the field of strategy as Forbes highlights in its annual US consulting ranking. Headquarters: Chicago, IL. The more specific and things that MBB doesn't do, then you might find those things outside of it. They offer training opportunities both in class format, and on-the-job training. 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. In todays world of consulting, you will find that not all firms are created equal. 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. Arthur D. Little They help provide corporations, governments, and other types of organizations with analytics, insights, and counsel on a wide variety of matters. Protiviti Academic Requirements & Preparation: While many firms say you don't really need to be a specific maj Continue Reading 26 Sponsored by PureCare Knee Protector I work only 40 hours on average per week at my current firm. This years awardees comprise some of the most trusted and influential professional services firms in the world. Often times boutique consulting firms wont have the same type of training and development programs available. Headquarters: San Francisco, CA. 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. Rolfe founded Keystone with the goal of creating a firm that placed service to its clients above its own interests. With headquarters in Armonk, New York and more than 10,000 employees, IBMs consulting branch IBM iX is now one of the largest digital and design consultancies worldwide, with roughly 60 studios as well as wide-reaching global network of strategists, designers, developers, and data architects leveraging deep industry and ISV expertise. 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. 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. Eagle Hill prides themselves in being a community of consultants, rather then being a traditional agency. 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. Headquarters: Boston, MA. Despite the fact that women make up 70% of nurses and a large share of clinical care providers, there is an alarming gap in leadership positions filled by women Management consulting and advisory company, Teneo, has recently announced a new addition to the top tier of its team. Putnam focuses solely on the life science industries, allowing us to provide unparalleled depth, experience and insight into our client's most . The firm boasts 40 offices globally and more than 1,500 experts and professionals; its also regularly recognized as one of "America's Best Management Consulting Firms" by Forbes, among other accolades. 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. 2. In 2018, NERA was ranked second in Vault's annual survey of the top firms in economic consulting. The firm continues to offer sales force alignment service to this day, in addition to a range of professional services, many of which are supported by advanced analytics. This year, IBM teamed up with the USTA to deliver all-new, all-virtual signature experiences for the U.S. Open, leveraging both IBM Watson and IBM Cloud. 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. EY is known for offering assurance (financial audit), consulting, tax, and advisory services to its customers. If we had to choose a "one-stop-shop" category, this would be it. #8 in best overall business outlook. 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. Professional services network Deloitte Touche Tohmatsu Limited (commonly referred to as simply Deloitte) continues to set the bar high for services including analytics and cloud computing. 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. Keystone Strategy The EY rebranding campaign of 2013 solidified what had been an informal moniker. 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. Described by The New York Times as "one of the countrys oldest and best-known economic consultancies, NERA Economic Consulting, Inc. is the go-to consulting firm for many high-profile disputes and legal cases around the globe. The 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 firm has received many awards for its workplace equality, global culture, and environmental records, including the Human Rights Campaign Award for Workplace Equality Innovation. For information pertaining to content permissions, please refer to The Consulting Reports award usage regulations. Ernst & Young The smaller firms are often referred to as boutique consulting firms. Headquarters: Boston, MA. The firm teams up with a multitude of Fortune 50 technology companies as well as global consumer brands such as Facebook, GE, Intel, Roche, Amazon, Microsoft, and Oracle. The firm provides expertise in industries including cybersecurity, data analytics, and digital technologies. According to an article in Supply Management, a study conducted by Transparency Market Research suggests that the logistics market will be worth US$15.5 trillion by 2023. 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. The battle for a healthcare.gov contract with The Centers for Medicare & Medicaid Services has endured a long series of bid protests. 43. There are many reasons to consider joining a boutique, including work/life balance, firm culture, local staffing, and the ability to specialize. 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. Putnam has strong leadership and empowers its consultants to operate and succeed. Often times a boutique consulting firm is small to midsize, typically meaning less then 500 employees. At the top of consulting firms are MBB consultancies - McKinsey, BCG, and Bain - along with the consulting divisions of the Big 4 accounting firms - Deloitte, PwC, KPMG, and EY. 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. Career paths are also not as defined at the smaller boutique consulting firms. Among other awards, they were recognized in the 2021 Vault Consulting 50 list of top employers. Headquarters: Washington, D.C. Just as some companies retain the names of long-gone . Strategic Communications handles public relations services for customers managing financial, regulatory and reputational challenges. Included in its wide range of expertise are achievements in the fields of AI, cybersecurity, cloud infrastructure development, and business operations. became the first global major management consulting firm to hold carbon neutral status. The firm was named a Top 40 boutique firm in 2022, and due to an increase in participating companies in 2023, Vault increased its rankings to profile the 50 leading consulting organizations across . The consulting firm opened its first international office in London in 1959 and has expanded steadily since. The IT Services Report is pleased to announce The Top 25 Women Leaders in Cybersecurity IT Services of 2021. 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