2019 Vault Rankings
At a Glance
“Compensation and benefits”
“Fantastic people and culture”
“Incredible professional development opportunities”
“Consistent need to reprioritize work”
“Normal work/life issues that come with consulting”
“Being part of a larger organization means some bureaucracy”
"They do good work in education."
"Has a lot of PE clients."
"Well-regarded as a strategy consultancy."
EY-Parthenon is a strategy consulting outfit with 1,500+ members in 40+ office locations worldwide. The firm advises c-suite, business, and organizational leaders across multiple sectors, including consumer, diversified industrial products, education, financial services, health care, life sciences, oil and gas, private equity and technology, media and telecom. EY-Parthenon's clients include Global 1000 corporations, as well as high-potential growth companies, private equity clients, health care and education clients, and nonprofit groups.
A powerful combination
In 2014, The Parthenon Group, founded in 1991 by two former Bain consultants-John Rutherford and William Achtmeyer- combined with big four member EY. The combination brings together Parthenon's experience -- strategy capabilities and experience with niche to traditional business models - and EY's global reach and implementation capabilities to deliver full-suite solutions to their clients. While the combined business is part of EY's Transaction Advisory Services, it operates under the EY-Parthenon brand and the leadership of Founder and Senior Managing Director Bill Achtmeyer.
Boutique firm culture, big firm capabilities
While EY-Parthenon may be able to access the power, global reach, and capabilities of one of the world's corporate giants these days, it still retains its trademark boutique culture. The organization's leadership has remained intact, along with functions critical to retaining culture--specifically recruiting, staffing, training and professional development. Given that, it's no surprise that consultants continue to highlight cultural factors such as a collegial atmosphere, entrepreneurial environment and transparent management. (Read more about that in the survey section of this profile).
Helping by example
Entwined in EY-Parthenon's DNA is the concept of giving back--something that starts at the top with Parthenon Founder Bill Achtmeyer. In addition to managing the EY-Parthenon organization, Achtmeyer is involved in multiple community organizations. His roles include serving as the Former Chairman and Board of Trustees of the Boston Symphony Orchestra, Overseer at the Museum of Fine Arts, Governor for the Handel and Haydn Society, Former Chairman of Tenacity and Former Chairman of the Massachusetts Society for the Prevention of Cruelty to Children. Achtmeyer also leads by example through frequent participation in the numerous charitable events, fundraising competitions and days of service in which all of the EY-Parthenon offices get involved. It is common among the firm's members to join efforts in a multitude of various charitable activities such as athletic fundraising events, packing school supplies for children in need, career mentorship for high school students, and holiday toy drives. The opportunities to give back are amplified through the combination with EY and EY's firm-wide commitment to building a better working world.
50 Rowes Wharf
Boston, MA 02110
Phone: (617) 478-2550
Employer Type: Private
Parthenon Founder and Senior Managing Director: William F. Achtmeyer
2018 Employees (All Locations): 1,500
40+ offices globally
Consumer Products and Retail
Diversified Industrial Products
Oil and Gas
Technology, Media and Telecom