2019 Vault Rankings
At a Glance
“Career opportunities, interesting projects”
“Annual promotion process”
“Compensation relative to peers at other comparable firms”
“Lack of predictability”
"Mid-tier, competes with PwC and Deloitte."
"Competitive and unique services."
"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.
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.
345 Park Avenue
New York, NY 10154
Employer Type: Private
Chairman & CEO, KPMG LLP (U.S.): Lynne Doughtie
Chairman, KPMG International: Bill Thomas
2018 Employees (All Locations): 31,000
New York, NY (US HQ)
110+ offices throughout the United States
700+ offices throughout the world
Digital and Mobile Solutions
Technology and Process Integration
Financial Risk Management
Forensic Advisory Services
Internal Audit, Risk & Compliance Services
IT Advisory Services
Corporate Finance & Restructuring
Financial Due Diligence
Integration & Separation
Accounting Advisory Services
Economic and Valuation Services
International Executive Services
Mergers and Acquisitions Tax
State and Local Tax