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Alvarez & Marsal


At a Glance


“Compensation for hard work.”

“Exposure to a wide variety of work, clients and cultures.”

“Flexibility and encouragement to grow!”


“Demanding travel schedule.”

“Lack of formal training and mentorship.”

“Overly focused on hourly rates and collections.”

The Buzz

“Excellent within their niche.”

“Financial due diligence and valuation.”

“Leader in restructuring and turnaround consulting.”

About Alvarez & Marsal

Over the past thirty-five years, Alvarez & Marsal (A&M) has grown from three employees to over 4,000 in over 55 offices across over 20 countries in North America, Europe, Asia, Latin America and the Middle East, making the firm one of the largest privately-held global professional services firms. A&M attributes its people to this tremendous growth. The firm continues to recruit top talent, enabling it to respond to shifting market demands and expand its service lines across geographies such as the U.S., the U.K., Brazil, Mexico, France, Germany, China, the Middle East and the Nordics.

When Tony Alvarez II and Bryan Marsal joined forces in 1983, it was with the intent of seamlessly linking operations, performance improvement and value creation to best help companies turn areas of stagnation into growth to achieve sustainable results. This ethos remains at the core of the firm. The firm is known for asking tough questions, listening well, digging in and getting the job done. As a result, it provides global leadership, problem solving and value creation for companies across industries and around the world.  Its consultants work as advisers, interim leaders and partners who, according to the firm, "tell clients what they need to know, not always what they want to hear."

In 1999, A&M made the decision to grow into a national restructuring firm. In 2001, the firm launched a Turnaround / Restructuring practice in Europe and by 2002, A&M expanded its restructuring reach in major U.S. cities and in Canada.  In 2003, Sarbanes-Oxley spurred the entry of the firm’s Performance Improvement and Business Advisory Service lines. In 2005, A&M launched a dedicated Transaction Advisory and Private Equity Services practice.  Lehman Brothers filed for bankruptcy in 2008 and A&M was chosen to lead Lehman’s global wind-down.  That year, A&M formed the firm’s Financial Industry Advisory Services practice. By 2012, Lehman Brothers emerged from the largest bankruptcy in U.S. history and began to repay creditors.

Today, A&M works with companies, governments and entities across the industry spectrum to improve operational and financial performance.  A&M’s primary global service lines of corporate performance improvement, private equity services, restructuring & turnaround, tax, disputes and investigations, valuation and regulatory & risk advisory are fueled by its leaders' extensive C-suite experience, business know-how, and roll-up-your sleeves attitude.  The company serves clients across the energy, retail, financial services, health care, public, social and real estate sectors, among others. Its client roster includes AmLaw 100 law firms and Fortune Global 500 (over half of the Fortune 100) companies, numerous private equity firms as well as the FTSE 100, the S&P 500 and 22 of 29 of the global SIFI banks.

A&M continues to expand around the world in response to market demand for an independent professional services firm that meets pan-European regulatory requirements. In September 2018, A&M opened in the Cayman Islands, complementing the firm’s ability to work on restructuring engagements in parallel tracks with the U.S., U.K., Europe and Hong Kong. The Cayman Islands is the fifth-largest financial jurisdiction in the world. A&M’s expansion in the region demonstrates our continuing commitment to meet clients’ complex, international restructuring needs, related global valuation demands, as well as disputes and investigations concerns.

A&M bolstered its global Transaction Advisory Services capability in 2018 with the appointment of new leadership in Paris, expanding the firm’s cross-border M&A offering. Additionally, the firm’s global Transaction Advisory Services practice was named a leader by the ALM Intelligence Vanguard Transactions-Acquisitions Consulting report, in 2018 and 2019, independently validating the firm’s unique integrated approach to deal-making. In 2017, the firm made its entry into the Nordics and appointed leading industry professionals in A&M’s established Sweden office from KPMG including the former Head of Valuation Services for KPMG Sweden and the former CEO of KPMG Sweden and Head of its Financial Advisory Services practice.

In the News

A&M made headlines in 2019 with the:

  • Appointment of high profile industry leaders such as former Illinois State Attorney General  Anita Alvarez as a Managing Director with the Disputes and Investigations practice.
  • Honoring of North American Commercial Restructuring Managing Director Julie Hertzberg as the new President of Insol International.
  • Winning of the Turn Around Management Association’s 2019 International Company of the Year award.
  • Providing widely noted and quoted insights on the state of banks in the UAE in the quarterly Banking Pulse report.
  • Release of LeaseSCRE to estimate the incremental borrowing rate in accordance with the new lease accounting reporting requirement. 


Why Work Here

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To get more information on Alvarez & Marsal please see the links below:

Alvarez & Marsal

600 Madison Avenue
8th Floor
New York, NY 10022
Phone: (212) 759-4433

Firm Stats

Employer Type: Private
Co-CEO: Antonio Alvarez II
Co-CEO: Bryan Marsal
2019 Employees (All Locations): 4,000

Major Office Locations

New York, NY (Global HQ)
London (Europe HQ)
São Paulo (Latin America HQ)
China (Asia HQ)
Dubai (Middle East HQ)
Mumbai (India HQ)
55+ offices in 20+ countries worldwide

Major Departments & Practices


Corporate Performance Improvement

Private Equity Services

Restructuring & Turnaround


Disputes and Investigations

Valuation Services

Regulatory & Risk Advisory



Aerospace & Defense


Business Services

Consumer Products




Financial Services


Infrastructure & Capital Projects


Public & Social Sector

Real Estate


Telecommunications, Media & Technology

Transportation & Logistics