was awarded the Queen's Award for Enterprise for international trade and export. The EY rebranding campaign of 2013 solidified what had been an informal moniker. Top Boutique Consulting Firms Putnam Associates - Boston Massachusetts Putnam Associates is a specialist firm serving primarily in the healthcare sector. 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. We strive to bring a new approach to consulting with original ideas that deliver a meaningful impact. It was created in 2017 from the merger of INC Research and inVentiv Health the parent company of a subsidiary, Syneos. They teach foundational skills to succeed both at ClearView and beyond. The consulting firm opened its first international office in London in 1959 and has expanded steadily since. Insights clients are often in the private equity industry, and also Fortune 1000 companies looking to improve their sourcing and procurement performances. Keystones rich expertise in strategy, economics, data analysis, product development, intellectual property, and antitrust make it stand out in the consulting industry. 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. Notably, it was the first consulting firm dedicated to methodically applying rigorous microeconomic thought to litigation and regulatory matters. The smaller firms are often referred to as boutique consulting firms. Arthur D. Little Along with Deloitte, EY, and KPMG, PwC is recognized for being one of the Big Four accounting firms. We are excited to share Epsilon Life Sciences and Epsilon Economics have been named 23rd in Top 50 Boutique Consulting Firms, 41st in Top 50 Shared by Jeong Mo Yang NERA Economic Consulting Based in Morrisville, North Carolina, Syneos Health is a biopharmaceutical solutions management consulting firm making waves in the life sciences industry. The Accounting, Finance & Technology category consists of Accenture, Booz Allen, Deloitte, KPMG, EY, PwC, and Wavestone. Further down are the "tier-2" consulting firms - Accenture, Oliver Wyman, LEK, etc. Founded in Boston, Massachusetts in 2007, ClearView Healthcare Partners is a global strategy consulting firm serving the life sciences sector. 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. 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. Willis Towers Watson (now called WTW) is the third largest insurance broker in the world, operates in more than 140 countries, and has a workforce of more than 45,000 employees. West Monroe. Alvarez & Marsal Feb 8, 2023. ADL is also an innovator of business strategy and operations research, which it has honed during its more than 130-year history. It has also been named to Working Mothers Top 100 Firms for Working Families and Women as well as to the Best Companies for Dads list. 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. 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. They were even brought on to provide change management and strategic communications during a merger of agencies under the umbrella of US Customs and Border Protection Agency. 18. With over a centurys worth of experience, nearly 4,000 global team members, and 25 locations including global subsidiaries, CohnReznick LLP serves clients in 30 different industries through an integrated team of advisory, assurance, and tax professionals. 39. 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. Publicis Sapient has a fascinating history of collaboration and cross-pollination with its French parent company, Publicis, and its fellow subsidiary Sapient Razorfish. services nearly all industries and functions, it is best regarded for its work in healthcare and private equity. 24. 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. If we had to choose a "one-stop-shop" category, this would be it. 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. Headquarters: Boston, MA. Rolfe founded Keystone with the goal of creating a firm that placed service to its clients above its own interests. Founded in 1990, Insigniam handles enterprise-scale transformation, transformational leadership, and managing change as a leading management consulting firm. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. 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. These firms help their clients solve their biggest problems, capitalize on opportunities, and in some cases, avoid costly mistakes. As a result, McKinseys alumni pool has generated the greatest number of Fortune 500 CEOs. 22. 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. Sometimes the firms services will extend throughout the entirety of a case in court. It operates as an extensive network of firms in 145 countries with an employee base of more than 236,000. 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. Kx Advisors. Capgeminis revolutionary Platform AI and analytics portfolio is a standout example of how the firm has been able to offer scaled data transformation at an unmatched level. From the firms outset, it has specialized in and set the operational standard for steering fact-based strategy and implementation. 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. Headquarters: Boston, MA. 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. Headquarters: Boston, MA. 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. The Brattle Group provides consulting services and expert testimony in economics, finance, and regulation to corporations, law firms, and public agencies. Consulting Digital transformation and consulting firm Capgemini works to bring innovative solutions to corporate clients around the world. Indeed, it has ranked in the top 10 of Vault's best consulting firms since the list was created in 2001. With consumers turning to financing in droves, our single application, multiple lender solution is here for both consumers and businesses. The firm, which has been ranked the #1 HR Consulting Firm by Vault for several years running, is arguably the top global consulting leader in talent, health, retirement, and asset management. Huron, which was founded in Chicago, Illinois 20 years ago, has just under 4,000 employees across 25 locations in North America, Europe, and Asia-Pacific. 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. Over the years, CSG has attracted many of the most respected senior experts in the government programs they serve. Kroll advises clients in the key areas of valuation, corporate finance, disputes and investigations, cyber security, and regulatory issues but the firm is arguably best known for its work in administration processes. With the consultation of Huron, clients have been empowered to improve performance, resolve disputes, leverage technology, comply with complex regulations, recover from distress, and stimulate expeditious growth. 20. The Brattle Group The services provided by Ignyte include digital transformation, branding & digital marketing, analytics & information management, and training & change management. Currently at a boutique/inhouse firm. Below are 12 notable boutique consulting firms offering over $90,000 in total potential compensation for undergrad and master's degrees. Based in Boston, Massachusetts, Charles River Associates (CRA) is a global consulting firm specializing in management consulting and economic litigation. 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. 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. Now based in New York City, much of the firm's success stems from its unique culture of hard work and zealous employees. 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. The pitch seems to be working, as Syneos Health continues to grow and currently boasts customers in more than 110 countries. 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. 1 consulting service provider worldwide by revenue. NERA was launched in 1961 as National Economic Research Associates. 8. 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. #10 in firm culture. 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. The firms projects include cross-functional support at the corporate, franchise, and product levels for pharmaceutical, biotech, medical device, and diagnostics companies worldwide. The T2/T3 offer pays me 25% higher but working hours go up to 60 per week. Clients also include the philanthropist donors themselves, who are looking to get the most out of their donations. Capgemini operated as a small data processing firm from its launch in 1967 until its acquisitions of computer and data companies in the United States in the 1970s and 1980s. Founded in 1965, CRA offers economic, financial, and strategic expertise to major law firms, corporations, accounting firms, and governments around the world. PricewaterhouseCoopers Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. BCG is driven by more than 25,000 employees across 90-plus offices in over 50 countries and regions. The award is given for outstanding papers on corporate finance published in the Journal of Finance. became the first global major management consulting firm to hold carbon neutral status. 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. 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. 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. 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. Boston Consulting Group. 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. 40. In addition, Human Rights Watch has consistently named it one of the Best Places to Work for LGBTQ Equality. Founded in 1991 by Andy Rolfe, who formerly worked for Andersen Consulting, The Keystone Group is a results-oriented management consulting firm serving mid-market manufacturing and distribution clients and their stakeholders. Headquarters: Evanston, IL. 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. 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. Headquarters: New York, NY. 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. Working with clients in biotechnology, medical devices & diagnostics, and pharmaceuticals. Cornerstone boasts a workforce of more than 700 professionals across eight offices in the United States and United Kingdom. Its main sectors being financial services, public services, and life sciences. Booz Allen Hamilton The firm specializes in risk and advisory services with an internal audit expertise that spans a variety of areas. 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. Now, more than 50 years into its history, Capgemini boasts more than 270,000 employees in dozens of countries. Founded in 1982 as Forensic Technologies International, Ltd, FTI operates in just under 30 countries with an employee base of more than 6,200. 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. With over 1,400 employees and 21 offices worldwide, the firm brings in roughly $500 million in annual revenue. It provides services to 420 out of 500 Fortune 500 companies, making it the second largest professional services firm in the world. Its clients have included Lehman Brothers, HealthSouth, Tribune Company, Warnaco, Interstate Bakeries, Target, Darden Restaurants, and Arthur Andersen. As for exit opportunities, I do not see much differentiation. This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. 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. Among its numerous awards, in 2007 L.E.K. Headquartered in Brussels, Belgium, Arthur D. Little (ADL) is an international management consulting firm with over a century of heritage. By the latest reckonings, Tata Consultancy Services (TCS) is the largest and most valuable IT services provider in the world. Ignyte was recently named among the citys best companies to work for, and was founded by previous Big Four consultants. Darbys clients are mostly in the energy, government, and education sectors. In 2019 and 2020, Gartner stated that Deloitte was the No. 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. Bench Wing is a management consulting firm focused on improving the performance of life science brands and companies. However, this term boutique is up for interpretation. Mercer LLC is the worlds largest human resources consulting firm. 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. EVERSANA MANAGEMENT CONSULTING is among the top 40 boutique consulting firms across the U.S, according to the annual list. Boston Consulting Group (BCG) is a global management consulting firm and one of the Big Three management consultancies. Keystone Strategy Headquarters: New York, NY. This firm is led by a former Harvard Business School professor, and previous Bain & Company alumni. 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. In addition to financial success, the firm frequently receives top accolades from the likes of Fortune, The Financial Times, and Vault. There are many reasons to consider joining a boutique, including work/life balance, firm culture, local staffing, and the ability to specialize. The firm is widely known for solving for the most complex business challenges and opportunities by integrating a wide variety of disciplines. 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). Since 2009, Global Competition Review has included Bates White in its annual "Economics 20" for top antitrust and competition economics consultancies every year. 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. 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 firm boasts a workforce of more than 14,000 professionals who provide guidance to public, private, and non-profit organizations of all sizes. This looks like combining consulting, and design to create a new digital experience for brands and the clients it serves. The firm is specifically a titan in the fields of corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, and technology. Headquarters: San Francisco, CA. Crowe is driven by a workforce of more than 4,400 professionals and experts, and has been recognized by Fortunes 100 Best Companies To Work For list. EYP arms C-suites with strategic guidance in a wide swath of industries, including private equity, consumer products, education, financial services, healthcare, information and media, advanced manufacturing, life sciences, oil and gas, and technology. 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. Barrett, The Honors College . No other firm in the world has as much consulting prestige as McKinsey & Company. Among its services, PwC offers its clients tax, audit, insurance, and consulting services in the fields of aerospace, defense, automotive, banking, health, insurance, and technology, among others. 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. 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. Primarily by providing strategy consulting and leadership development. Publicis Sapient Please join us in celebrating The Top 50 Consulting Firms of 2022. 48. The operation of CSGs business is characterized by The CSG Way, an environment that emphasizes teamwork, communication, and consistent high-quality work. 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. 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. 34. 4. Back Bay Life Science Advisors is ranked among the Best Boutique Consulting Firms, according to the Vault 2022 rankings. 47. In 2018, NERA was ranked second in Vault's annual survey of the top firms in economic consulting. Headquarters: Brussels, Belgium. 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. L.E.K. Over the years, Kroll has been hired by multinational corporations and governments alike to investigate a wide range of issues. Technology and management consulting firm Kenway specializes in technology solution delivery, enterprise program leadership, and information insight. Canadian Venture Capital-Funded Biotech Companies to Watch in 2023. The Keystone Group 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. Headquarters: Boston, MA. 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. 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. 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. The battle for a healthcare.gov contract with The Centers for Medicare & Medicaid Services has endured a long series of bid protests. All Rights Reserved. The firm is also committed to sharing its diversity and equity values, as well as its environmental, social, and governance practices. 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 a company, ClearView values and invests in employee development and leadership training. 9. 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. 33. That's why the globally acclaimed multinational firm provides data driven risk advisory services and insurance solutions to its clients. Headquarters: Chicago, IL. 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. Over the years, the organization has received substantial support from Bain, with whom it has maintained a close relationship. The firms commitment to client relationships is only matched by a commitment to its people. Clarkston is a business and technology consulting firm based in North Carolina. The firms banner Technology Solution Delivery capability is how it enables people and processes via strength of technology. 49. EY is known for offering assurance (financial audit), consulting, tax, and advisory services to its customers. Back Bay Life Science Gallery . Orlaithe Consulting LLC is a boutique consulting firm that specializes in assisting biopharmaceutical, medical device, and life science clientele with their federal contracting needs by minimizing exposure to risk, creating robust compliance programs, developing competitive pricing strategies, and providing high-quality contractual deliverables. Charles River Associates Darby Consulting is a boutique firm that specializes in information technology consulting. Eagle Hill is a smaller firm, but offers excellence in a pretty full range of services, tailored to clients needs. EY Parthenon, with the well-known shorthand of EY-P or EYP, is Ernst & Young's global strategy consulting division. Willis Towers Watson 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. And Technology, a latent source of boosted revenue for the firm, provides specialized software to manage ediscovery risks. The main industries it focuses on is consumer products, retail, and life sciences. Putnams clients are very diverse, from small start-ups to fortune 500 companies. Feb 1, 2023. . Back Bay also ranked #24 in the Vault Consulting 50, Vault's signature list of the best consulting firms to work for and ranked in the top three pure healthcare firms included on the list. This boutique firm attracts highly skilled individuals that have worked at the likes of Accenture and Deloitte consulting firms. These boutique consulting firms can be great opportunities to develop an expertise in a specific sector. FTI Consulting 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 Keystone Group. 12. 38. About 25% of its work comes from clients in Europe and Asia and 40% has a major international component. It is known for its strong client focus, an emphasis on teamwork, unwavering integrity, mutual respect, and a constant striving for excellence. 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. While L.E.K. CSG Government Solutions 2. Insigniams belief is that culture fuels strategy.