KPMG LLP (Advisory) at a Glance

Uppers

  • "Control over your own career development."
  • "Early experience that I otherwise would not have received at other firms."
  • "Looks good on a resume."
  • "Structured mentoring."

Downers

  • "Decentralized organization model."
  • "Inflexibility of the compensation and promotion structure."
  • "Large size can feel impersonal."
  • "The long hours that are sometimes required."

The Buzz

  • "Mid-tier, competes with PwC and Deloitte."
  • "Competitive and unique services."
  • "Big Brand."
  • "Strong in banking internationally."

About KPMG LLP (Advisory)

Professional services giant KPMG International operates as an international network of independent member firms, which includes KPMG LLP, the U.S. member firm of the Swiss cooperative. While the member firms that make up KPMG International might be independent of one another, their businesses are similarly organized around three service lines: audit, tax and advisory. And, within those service lines, the offerings from country to country are likely to be pretty consistent, too.  

Indeed, KPMG advisory services are organized into three groups that address distinct client issues: Management Consulting, including corporate services, customer & operations, and technology enablement; Deal Advisory, including corporate finance, restructuring, transaction services and KPMG Strategy; Risk Consulting, including financial risk management, IT advisory, forensic, internal audit, risk and compliance services. 

Alphabet soup 

KPMG's roots date back to 1870, when accountant William Barclay Peat hung out his shingle in London. In 1911, his firm merged with New York-based Marwick Mitchell & Co., forming a business that later became known as Peat Marwick. Meanwhile, in Scotland, Glasgow accountancy Thomson McLintock partnered with Dutch and German accounting firms to create Klynveld Main Goerdeler (KMG), an alliance of independent practices operating throughout Europe.  

The 1987 tie-up between KMG Main Hurdman and Peat Marwick Mitchell & Co. was considered the first megamerger of modern accounting, and the resulting entity, eventually named KPMG, organized its consulting activities into a separate business unit in 1997. Three years later, KPMG spun off KPMG Consulting with an initial public offering. The now-separate consulting business took over KPMG's consulting work for several companies, eventually changing its name to BearingPoint in October 2002. The bulk of BearingPoint's assets are now owned by Deloitte, which purchased them after the company filed for bankruptcy protection early in 2009.  

As part of the spin-off that created BearingPoint, KPMG signed a non-compete agreement with its former consulting arm, which limited KPMG's ability to provide certain types of services. Following the spin-off, KPMG continued to provide advisory services, but any limitations on its ability to provide a full range of services ended when the non-compete agreement expired in 2006. Today, KPMG's advisory practice generates more than one-third of the company's overall revenue in the U.S. 

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KPMG LLP (Advisory)

345 Park Avenue
New York, NY 10154
Phone: 212-758-9700
Fax: 212-758-9819

Stats

  • Employer Type: Private
  • Chairman & CEO, KPMG LLP (U.S.): Lynne Doughtie
  • Chairman, KPMG International: John Veihmeyer
  • 2017 Employees: 30,000

  • Major Departments & Practices
    Advisory
    Management Consulting
    • Analytics
    • Cloud Services
    • Digital and Mobile Solutions
    • Enterprise Solutions
    • Healthcare Technology
    • Technology and Process Integration
    • Change Management
    • Organizational Design
    • Talent Management
    • Outsourcing
    • Shared Services 
    Risk Consulting
    • Financial Risk Management
    • Forensic Advisory Services
    • Internal Audit, Risk & Compliance Services
    • IT Advisory Services
     Deal Advisory
    • Corporate Finance & Restructuring
    • Transactions Services
    • Financial Due Diligence
    • Integration & Separation
    • Accounting Advisory Services
    KPMG Strategy 
    Audit


    Tax
    • Economic and Valuation Services
    • Federal Tax
    • International Tax
    • International Executive Services
    • Mergers and Acquisitions Tax
    • State and Local Tax

Major Office Locations

  • New York, NY (US HQ)
    100+ offices throughout the United States
    700+ offices throughout the world