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. Founded in 1973, Bain is one of the Big Three management consultancies (along with McKinsey & Co. and Boston Consulting Group). Among its clients, CRA counts a large number of Fortune 500 companies and Am Law 100 firms. Heres our list of the top 10 boutique consulting firms in the US for you to check out. 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. Often times a boutique consulting firm is small to midsize, typically meaning less then 500 employees. Its stated mission is to build a better world by strengthening the ability of mission-driven organizations and philanthropists to achieve breakthrough results in addressing societys most important challenges and opportunities. Among the firms many awards, Booz Allen is a three-time honoree of the Worlds Most Ethical Companies award from the Ethisphere Institute. It has more to do with how the firm views itself, then actually meeting a pre-determined set of requirements. The firms current name is intended to communicate the value of helping customers on both the clinical and commercial side. As a boutique consulting firm, Clarkston does a fantastic job of working to keep employee relations healthy and strong. The good news for you is that there are quite a few top-notch boutique consulting firms across the country. The Keystone Group. 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. Alvarez & Marsal Darbys clients are mostly in the energy, government, and education sectors. Headquarters: New York, NY. CSG Government Solutions Tata Consultancy Services Headquarters: Chicago, IL. The 2019 Vault Guide once again named Putnam Associates the #1 Best Boutique Consulting Firm in North America, and ranked the firm #6 Overall among Top 50 Consulting Firms. 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. Functioning as an expansive network of member firms, EYs 700 worldwide offices employ over 300,000 team members in more than 150 countries. Strategic Communications handles public relations services for customers managing financial, regulatory and reputational challenges. 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. 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. Cornerstone Research The firms commitment to client relationships is only matched by a commitment to its people. The award is given for outstanding papers on corporate finance published in the Journal of Finance. Canadian Venture Capital-Funded Biotech Companies to Watch in 2023. The gender gap in the healthcare industry has always been a looming indicator of societal inequalities for women in the workplace. 34. This years awardees comprise some of the most trusted and influential professional services firms in the world. Since then, Protiviti has expanded rapidly, reporting revenue that surpassed the $1 billion mark for the 2019 fiscal year. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. 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. 18. 42. 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. Bain & Company Headquartered in Menlo Park and San Ramon, California, Protiviti boasts a clientele that includes over 60% of Fortune 1000 and 35% of Fortune Global 500 companies. 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. Each year, the firm presents the Brattle Prize at the American Finance Association's annual meeting. The goals of Darby on project include reducing project backlog for clients, accelerating project completion, and reducing cost by time management. At the time, the firm was known as Marsh & McLennan. 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. 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. Its clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations. Among other awards, they were recognized in the 2021 Vault Consulting 50 list of top employers. However, the Type A in me is obsessed with prestige and wondered . Copyright:The Top 50 Consulting Firms of 2022 publication is copyrighted material, produced and published by The Consulting Report. 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. Top Boutique Consulting Firms Putnam Associates - Boston Massachusetts Putnam Associates is a specialist firm serving primarily in the healthcare sector. 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 services DayBlink provides include cybersecurity, finance effectiveness, performance improvement, and automation implementation. The firm has a 97 percent client satisfaction rating, marking one of the highest ratings on our list of boutique consultancy firms. Its clients are pretty diverse, covering all levels of government, healthcare, legal, startups, financial services, and more. The firm boasts a workforce of more than 14,000 professionals who provide guidance to public, private, and non-profit organizations of all sizes. 43. Some of its clients have included the Department of the Treasury, Department of Justice, NASA, and more. Liked by Brittany Warren. 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. Currently at a boutique/inhouse firm. 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. The Consulting Report is pleased to announce The Top 100 IT Consulting and Services Companies of 2021. 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. 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. Founded in 1990, Insigniam handles enterprise-scale transformation, transformational leadership, and managing change as a leading management consulting firm. This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. Best Boutique Firms: . Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. Over the years, Kroll has been hired by multinational corporations and governments alike to investigate a wide range of issues. The firm partners with clients to provide data-driven, actionable insights designed to drive growth, enhance profits, increase value, and make better investment decisions. Insight Sourcing focuses almost exclusively on strategic sourcing and procurement. I work only 40 hours on average per week at my current firm. "The ethos at Back Bay has always been about the nurturing of clients and teammates with equal . Booz Allen has been consistently recognized as an industry-leader in corporate citizenship, employee empowerment, and executive leadership. Keystone Strategy 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. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. Cornerstone boasts a workforce of more than 700 professionals across eight offices in the United States and United Kingdom. Headquartered in Brussels, Belgium, Arthur D. Little (ADL) is an international management consulting firm with over a century of heritage. Rolfe founded Keystone with the goal of creating a firm that placed service to its clients above its own interests. 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. Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. Established in 1932 as Duff & Phelps, the firm has since added more than 30 complimentary companies to its robust portfolio. The firm invests deeply in training and fostering entrepreneurship in its own employees so they can bring the most impactful solutions to clients. 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 services provided by Ignyte include digital transformation, branding & digital marketing, analytics & information management, and training & change management. 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. Boutique consulting firms are management consulting firms that tend to specialize in an area of expertise or have close connections to local clients. 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. 4. NERA was launched in 1961 as National Economic Research Associates. About 25% of its work comes from clients in Europe and Asia and 40% has a major international component. While the firm offers a wide range of consulting services, it is best known for its work within banking and financial services. British-Dutch multinational professional services network KPMG International Limited, often shortened to KPMG, is well known as one of the Big Four accounting organizations. 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. 25. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world. 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. It is one of the largest professional services networks in the world, with annual aggregated revenue nearing $50 billion, and the firm is highly respected for its forecasts regarding the world of technology and work. When deciding which firms to apply for, we recommend searching for a few boutique consulting firms in your city for consideration. Headquarters: New York, NY. EY Parthenon, with the well-known shorthand of EY-P or EYP, is Ernst & Young's global strategy consulting division. The main industries it focuses on is consumer products, retail, and life sciences. In addition to financial success, the firm frequently receives top accolades from the likes of Fortune, The Financial Times, and Vault. 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