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. Kx Advisors. Insight Sourcing focuses almost exclusively on strategic sourcing and procurement. Globally, Mercer is also the largest investment consultant and delegated services (OCIO) provider, with over $15 trillion in assets under advisement (as of June 2020) and over $300 billion in assets under management (as of September 2020). Based in Morrisville, North Carolina, Syneos Health is a biopharmaceutical solutions management consulting firm making waves in the life sciences industry. The services provided by Ignyte include digital transformation, branding & digital marketing, analytics & information management, and training & change management. Since being launched in 1998, the firm has grown significantly, and now has over 200 employees across offices in Boston, London, New York, and San Francisco. KPMG provides adept consultation for highly varied situations. In 2021, Putnam received numerous top honors, including being ranked by Vault as the #1 Consulting Firm for Health and Wellness. 31. The Brattle Group provides consulting services and expert testimony in economics, finance, and regulation to corporations, law firms, and public agencies. Large logistics companies . The following year, L.E.K. Headquartered in New York City, Mercer exudes a large global presence, with more than 25,000 employees operating in more than 130 countries. However, your work/life balance will usually be more enjoyable working for a boutique consulting firm. Career paths are also not as defined at the smaller boutique consulting firms. 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. ZS Associates 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). Eagle Hill Consulting. Since 1983, when NERA was acquired, it has remained a part of the Oliver Wyman Group, a subsidiary of Marsh & McLennan Companies, Inc. 40. The firm's roots stretch back to the first decade of the twentieth century, after one of its founders studied railroad risk and insurance needs by spending 30 days riding the rails. 2023 Best Boutique Consulting Firms # 1 SCORE 9.757 2022 Rank 1 ghSMART ghSMART Founder Dr. Geoff Smart's Psychology PhD dissertation found that those private equity firms best at choosing teams made the most money. Founded in 2014, Kalleid is a boutique laboratory IT consulting firm working across the value chain in R&D . 48. Marsh knows that managing risk in today's environment is complex. Publicis Sapient Darbys clients are mostly in the energy, government, and education sectors. 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. Now, Publicis Sapient is working with Microsoft and other tech firms to transform how groceries are delivered, how people travel safely, and much more. Alvarez & Marsal Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. It is the nations leading healthcare advisory firm and has an unparalleled breadth of capabilities and depth of experience. 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. Founded in June of 2004 on the core principles of being good and being truthful, the firm has a resolute vision "to transform business by doing what is right," with a critical stated focus on helping businesses achieve their objectives through the enablement and enhancement of both process and technology. Headquarters: Morrisville, NC. As a company, ClearView values and invests in employee development and leadership training. 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. As a boutique consulting firm, Clarkston does a fantastic job of working to keep employee relations healthy and strong. EY Parthenon, with the well-known shorthand of EY-P or EYP, is Ernst & Young's global strategy consulting division. 30. The T2/T3 offer pays me 25% higher but working hours go up to 60 per week. Back Bay Life Science Gallery . Headquarters: New York, NY. 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. Clarkston is a business and technology consulting firm based in North Carolina. Kearney is a leading global management consulting firm with more than 4,200 people working in more than 40 countries. 16. Mercer LLC is the worlds largest human resources consulting firm. Top Boutique Consulting Firms Putnam Associates - Boston Massachusetts Putnam Associates is a specialist firm serving primarily in the healthcare sector. Insight Sourcing has been recognized as one of Americas fastest growing private companys for eleven years in a row. In June 2021, Capgemini partnered with Sanofi, Orange & Generali to launch Future4care, a European start-up accelerator focused on digital healthcare. Its hard to find something at which this star of professional advising is less than excellent, from business strategy and data analytics to risk assessment and enterprise technology, with the firms AI Institute being a standout in the world of artificial intelligence research and development. The good news for you is that there are quite a few top-notch boutique consulting firms across the country. This merger was a bold gambit from a Big Four contender to step up its value chain efforts, moving beyond audit services to embark on new business ventures and give its clients various new points of entry. The Top 10 Consulting Firms in North America for 2021 are: Bain & Company. 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. Primarily by providing strategy consulting and leadership development. Founded in 1989, Cornerstone Research is a litigation consulting firm based in San Francisco, California. The Consulting Report is pleased to announce The Top 50 Consulting Firms of 2022. Founded in 1982 as Forensic Technologies International, Ltd, FTI operates in just under 30 countries with an employee base of more than 6,200. They teach foundational skills to succeed both at ClearView and beyond. Founded in 1965, CRA offers economic, financial, and strategic expertise to major law firms, corporations, accounting firms, and governments around the world. Crowe LLP is a public accounting, consulting, and technology firm headquartered in Chicago and with offices around the world. The firm is routinely recognized as one of the top 10 consulting companies in fraud, forensic, and investigation services. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. 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. Bridgespan has advised the Bill & Melinda Gates Foundation, the Ford Foundation, and Bloomberg Philanthropies. 39. EY is known for offering assurance (financial audit), consulting, tax, and advisory services to its customers. Headquarters: Chicago, IL. A complete listing of our offerings can be found under the Services tab. 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. PricewaterhouseCoopers The IT services brought to life by this firm include top-tier cyber, cloud, and enterprise IT service delivery. 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. The attorneys on these cases often times need expert consultants to help breakdown and understand complex economic or financial issues. This firm is led by a former Harvard Business School professor, and previous Bain & Company alumni. The firms banner Technology Solution Delivery capability is how it enables people and processes via strength of technology. 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. 2. This means there is room for career growth and development in the firm. TPG hires consultants with backgrounds in industrial engineering, commerce, and general business. 11. 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. Booz Allen has been consistently recognized as an industry-leader in corporate citizenship, employee empowerment, and executive leadership. Now, more than 50 years into its history, Capgemini boasts more than 270,000 employees in dozens of countries. Putnam Associates is a specialist firm serving primarily in the healthcare sector. Along with Deloitte, EY, and KPMG, PwC is recognized for being one of the Big Four accounting firms. The award is given for outstanding papers on corporate finance published in the Journal of Finance. This includes designing strategy and implementing plans and performance measures for multi-million-dollar donations. Charles River Associates 22. The smaller firms are often referred to as boutique consulting firms. Back Bay Life Science Advisors. was awarded the Queen's Award for Enterprise for international trade and export. Grant Thornton LLP While the firm offers a wide range of consulting services, it is best known for its work within banking and financial services. The firm specializes in risk and advisory services with an internal audit expertise that spans a variety of areas. 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 firm prides itself on its creative and energetic staff, cutting-edge technology and research, and its work with academic and industry experts. That's why the globally acclaimed multinational firm provides data driven risk advisory services and insurance solutions to its clients. Kearney consistently ranks high on a variety of lists for both the consulting industry and the wider business world. 45. Barrett, The Honors College . This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. 5. Headquarters: Boston, MA. Headquarters: Boston, MA. It has consistently been the #1 most valued brand in the consulting industry and is associated with cutting-edge strategic approaches. The firm was recognized in the 2021 Vault Consulting 50 list of the best consulting firms to work for. They also usually offer fewer services, and are more specialized in what they do offer. Rolfe founded Keystone with the goal of creating a firm that placed service to its clients above its own interests. Bates White Economic Consulting Headquarters: New York, NY. Since 2018, Cognizant has also been at the forefront of using blockchain technologies to facilitate secure data sharing between companies. They help provide corporations, governments, and other types of organizations with analytics, insights, and counsel on a wide variety of matters. Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. The firm focuses on delivering integrated solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. Kaiser Associates 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. #9 in informal team training. In just about every city you look at you can find boutique consulting firms. Each year, the firm presents the Brattle Prize at the American Finance Association's annual meeting. Since being founded in 1983 by three Bain & Company partners James Lawrence, Iain Evans, and Richard Koch L.E.K. 28. 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. Strategic Communications handles public relations services for customers managing financial, regulatory and reputational challenges. 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. 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. 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 consulting firm opened its first international office in London in 1959 and has expanded steadily since. 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. Blue Matter is a consulting firm serving the life sciences industry. Arthur D. Little 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. The firm is widely known for solving for the most complex business challenges and opportunities by integrating a wide variety of disciplines. No other firm in the world has as much consulting prestige as McKinsey & Company. 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. 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. Equipped with an expertise in human behavior, he and his early colleagues went on to advise private. 18. Top 10 Pharma and Life Science Consulting/Service Companies - 2021 : Once an industry that was slow to adopt technology, the pharma and life sciences sector is now witnessing a massive revamp as it rides the tide of digital tr . 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. These boutique consulting firms can be great opportunities to develop an expertise in a specific sector. It employs more than 10,000 employees in 25 offices in North America, South America, Europe, and Asia. It collaborates with a peerless ecosystem of partners such as Adobe, Salesforce, Samsung, Apple, and SAP to drive value and differentiation through outstanding customer experiences. The gender gap in the healthcare industry has always been a looming indicator of societal inequalities for women in the workplace. 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. Founded in 1973, Bain is one of the Big Three management consultancies (along with McKinsey & Co. and Boston Consulting Group). Heres our list of the top 10 boutique consulting firms in the US for you to check out. Back Bay Life Science Advisors is ranked among the Best Boutique Consulting Firms, according to the Vault 2022 rankings. It has also been the recipient of numerous awards and recognitions, including being named one of Modern Healthcares Best Places to Work 2021 and Best in KLAS in four different categories in 2022: Healthcare Management Consulting, Digital Transformation Consulting, HIT Advisory Services, and Financial Improvement Consulting. 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. 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. 6. This boutique firm strives to provide key insights and resources to help its clients overcome challenges, and accelerate business growth. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. 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. Its main sectors being financial services, public services, and life sciences. First originated as The Parthenon Group, LLC in 1991 by William "Bill" Achtmeyer and John C. Rutherford, two former Bain & Company directors, it eventually merged with professional services firm Ernst & Young to create the entity EY-Parthenon. 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