- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
How much do partners at Big 4 Accounting Firms make?
Posted on 12/21/20 at 7:25 am
Posted on 12/21/20 at 7:25 am
This may be a question for the money board, but was at a wedding this weekend and there was a group of people there all approaching 40 who expect to make partner at a Big 4 in the next few years. I asked and they just informed me...’alot’. How much we talking here?
28
Posted on 12/21/20 at 7:26 am to bgbam07
Depends on the market and tenure, but $250k to $2-3m.
Posted on 12/21/20 at 7:26 am to bgbam07
350
Posted on 12/21/20 at 7:26 am to bgbam07
quote:
. I asked and they just informed me...’alot’.
You sound like a cool dude to hang with at weddings and other events.
Posted on 12/21/20 at 7:33 am to bgbam07
quote:
all approaching 40 who expect to make partner at a Big 4 in the next few years
They must all be shite hot because partnership track at such firms is generally 15-20 years.
Posted on 12/21/20 at 7:34 am to bgbam07
600-700 in salary
Posted on 12/21/20 at 7:35 am to DevilDagNS
quote:
approaching 40
quote:
partnership track at such firms is generally 15-20 years.
Start out of school at 22
Approaching 40 is lets say 38 years old. So they are at 16 years
quote:Huh?
They must all be shite hot
Posted on 12/21/20 at 7:36 am to bgbam07
Depends on the service line and market primarily. $500K is a reasonable figure for audit/tax but generally goes up in the consulting lines of business (be also more volatile book of business).
Posted on 12/21/20 at 7:37 am to bgbam07
Depends on the business line, how much work you are selling, leadership roles, negotiation on front end for really specialized people.
Basic audit partners probably make the least, especially early in their tenure. They all like to complain the make less in their first years as partner than when they were senior managers (neglecting to mention it’s because they are paying off their share of the partnership)
Basic audit partners probably make the least, especially early in their tenure. They all like to complain the make less in their first years as partner than when they were senior managers (neglecting to mention it’s because they are paying off their share of the partnership)
Posted on 12/21/20 at 7:38 am to bgbam07
Bigger question how much do they have to borrow to buy in
Think that first year of partner is worse than being a director
Think that first year of partner is worse than being a director
Posted on 12/21/20 at 7:41 am to bgbam07
400-500 with potential for bonus to match salary. I have a client who is partner at DT.
Posted on 12/21/20 at 7:43 am to ItNeverRains
This is interesting...so you have to ‘buy in’ to be a partner at a publicly traded company? How many partners are there at a Big 4 in New Orleans or Houston?
Posted on 12/21/20 at 7:44 am to bgbam07
IMO, probably not enough to justify the awful hours and year round stress they have to endure.
ETA: pretty sure you can be an equity or income partner. Don’t think the latter requires a buy-in, basically just a positional change/promotion.
ETA: pretty sure you can be an equity or income partner. Don’t think the latter requires a buy-in, basically just a positional change/promotion.
This post was edited on 12/21/20 at 7:46 am
Posted on 12/21/20 at 7:46 am to bgbam07
So you asked a group of people at a party how much money they make?? Wow, that's incredibly inappropriate.
Posted on 12/21/20 at 7:46 am to bgbam07
Are you including deferred compensation as well? If so then can be $1-3 M depending on the partner
Posted on 12/21/20 at 7:48 am to bgbam07
quote:
This is interesting...so you have to ‘buy in’ to be a partner at a publicly traded company?
They're not publicly traded.
Posted on 12/21/20 at 7:48 am to bgbam07
quote:
This is interesting...so you have to ‘buy in’ to be a partner at a publicly traded company? How many partners are there at a Big 4 in New Orleans or Houston?
You have to buy in to be a partner in almost every business, regardless of whether it’s publicly traded or not.
Posted on 12/21/20 at 7:50 am to bgbam07
quote:
a publicly traded company?
They aren’t
Posted on 12/21/20 at 7:51 am to Mo Jeaux
No. I didn’t ask them. I know what I said. Generally on this board when you ask a money question though the replies are...why didn’t you just ask...so I said I did on here. Regardless appreciate the responses.
Posted on 12/21/20 at 7:54 am to bgbam07
quote:
No. I didn’t ask them. I know what I said. Generally on this board when you ask a money question though the replies are...why didn’t you just ask...so I said I did on here. Regardless appreciate the responses.
Did you intend this to be a response to me?
Page 1 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News