Headquarters: New York, NY. In addition, Back Bay Life Science Advisors earned notable rankings among boutique consulting firms, including: #5 in client interaction. 31. Headquarters: New York, NY. 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. Headquarters: Boston, MA. The cost of the consulting services is usually less than MBB, but occasionally more. The firms projects include cross-functional support at the corporate, franchise, and product levels for pharmaceutical, biotech, medical device, and diagnostics companies worldwide. Headquarters: Boston, MA. They help provide corporations, governments, and other types of organizations with analytics, insights, and counsel on a wide variety of matters. Deloitte is a storied institution that traces its roots back to its founding in 1845. Further, Grant Thornton consultants are consistently awarded with some of the industrys top accolades. Often times boutique consulting firms wont have the same type of training and development programs available. 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. The Consulting Report. Boston Consulting Group Headquartered in New York City, the firm now has nearly 5,000 employees across 30 countries and territories. 11. Crowe LLP is a public accounting, consulting, and technology firm headquartered in Chicago and with offices around the world. By some estimates, there are thousands of consulting firms around the world. Since then, Protiviti has expanded rapidly, reporting revenue that surpassed the $1 billion mark for the 2019 fiscal 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. 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. McKinsey & Company The firm is routinely recognized as one of the top 10 consulting companies in fraud, forensic, and investigation services. 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. In addition to financial success, the firm frequently receives top accolades from the likes of Fortune, The Financial Times, and Vault. 1 consulting service provider worldwide by revenue. 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. The firm boasts a workforce of more than 14,000 professionals who provide guidance to public, private, and non-profit organizations of all sizes. 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. DayBlink works with clients across multiple platforms, including early stage startups, allowing employees a unique opportunity to work with and develop companies from the beginning. Headquarters: Arlington, VA. Willis Towers Watson Public Limited Company is a British-American multinational risk management, insurance brokerage, and advisory firm with roots dating back to 1828. This includes designing strategy and implementing plans and performance measures for multi-million-dollar donations. The feel and atmosphere of a boutique consulting firm will also be quite different then working for a firm such as McKinsey, Deloitte, or BCG. This help might include finding high-quality expert witnesses, providing economic and financial analysis to attorneys, and conducting research and analysis. Copyright:The Top 50 Consulting Firms of 2022 publication is copyrighted material, produced and published by The Consulting Report. 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. 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. 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. Established in 1932 as Duff & Phelps, the firm has since added more than 30 complimentary companies to its robust portfolio. Based on nominations and our further proprietary research, we have selected the 50 best firms. was awarded the Queen's Award for Enterprise for international trade and export. 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. 9. The firms banner Technology Solution Delivery capability is how it enables people and processes via strength of technology. Posted 2:53:34 PM. Headquarters: Mumbai, India. The main industries it focuses on is consumer products, retail, and life sciences. Since 1991, the firm has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results. 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. The battle for a healthcare.gov contract with The Centers for Medicare & Medicaid Services has endured a long series of bid protests. Having a positive attitude is rewarding . 26. 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. 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. It has consistently been the #1 most valued brand in the consulting industry and is associated with cutting-edge strategic approaches. 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. Bench Wing is a management consulting firm focused on improving the performance of life science brands and companies. Eagle Hill prides themselves in being a community of consultants, rather then being a traditional agency. A TEAM P.A., INC. is a Land Surveying company with over 60 years of surveying experience and have a proven reputation for integrity and value and has solidified its market position with business . 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. This means there is room for career growth and development in the firm. The top firms in this category are: Advancy, EY-Parthenon, Strategy&, Kearney, LEK, OC&C, Oliver Wyman, Roland Berger, and PwC Strategy&. As an industry leader in business consulting, outsourcing, and information technology solutions, Cognizant has long been hailed for its results and resilience. Kearney is a leading global management consulting firm with more than 4,200 people working in more than 40 countries. Headquarters: Boston, MA. 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. 9. Established in 1997, CSG recently celebrated 25 years serving as a trusted advisor to the public sector. Putnam has strong leadership and empowers its consultants to operate and succeed. 49. They offer training opportunities both in class format, and on-the-job training. 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. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. 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. The firms clients include a broad range of operating companies in the life sciences, from medical device and pharmaceutical companies to investors in the life sciences fields. 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. Headquarters: Waltham, MA. With over 1,400 employees and 21 offices worldwide, the firm brings in roughly $500 million in annual revenue. With revenues of $1.97 billion, 51 offices, and more than 9,000 problem-solvers across the U.S., the firm is also the largest member of the Grant Thornton International Ltd global network. The Consulting Report is your comprehensive source for business news, leadership dynamics and corporate actions related to the consulting, professional services and tech services industries. Feb 1, 2023. We strive to bring a new approach to consulting with original ideas that deliver a meaningful impact. 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. 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. 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. Publicis Sapient 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. 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. 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. ADL is also an innovator of business strategy and operations research, which it has honed during its more than 130-year history. Frequently named among the top management firms in the world, Oliver Wyman has served more than 1,000 global clients over the past 50 years. 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. Boston Consulting Group (BCG) is a global management consulting firm and one of the Big Three management consultancies. Eagle Hill Consulting. Back Bay Life Science Advisors. 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. Large logistics companies . The firm is also committed to sharing its diversity and equity values, as well as its environmental, social, and governance practices. 30. The services DayBlink provides include cybersecurity, finance effectiveness, performance improvement, and automation implementation. 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. Heres our list of the top 10 boutique consulting firms in the US for you to check out. Whether massive global firms or small boutiques, clients rely on these firms for revenue growth, operational improvements, human capital management, and digital transformation, among many other services. 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. Since 1983, when NERA was acquired, it has remained a part of the Oliver Wyman Group, a subsidiary of Marsh & McLennan Companies, Inc. 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. getty. 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 extensive client base spans an impressive 16 different industry sectors: banking and capital markets; insurance; investment management; building, construction, and real estate; alternative investments; industrial manufacturing; retail; food, drink, and consumer goods; energy, natural resources, and chemicals; government and public sector; healthcare and pharmaceuticals; technology; high growth mid-market and venture capital; media and telecommunications; private equity; and high growth emerging markets. 7. PricewaterhouseCoopers The firm specializes in risk and advisory services with an internal audit expertise that spans a variety of areas. Economic & Financial Consulting offers economic analysis and expert testimony for law firms, corporations, and government agencies. 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. 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. This company was founded specifically to address this market, and have been leaders in life science consulting since. In addition to consulting, Bridgespan makes case studies freely available on its website and publications. Corporate Finance and Restructuring provides business turnaround services, including support for restructuring, litigation, insolvency, and interim management. KPMG provides adept consultation for highly varied situations. They also usually offer fewer services, and are more specialized in what they do offer. 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