re: How much do partners at Big 4 Accounting Firms make?

quote:

---

Total comp including benefits will probably total 6 figures, which sounds great, but the location is important context.

---

Do the Big4 offer incentive comp for bringing in new business. Both of my firms would give 10% of the first 3-5 years collections. Bringing in a few big clients could expedite the 6 figure comp packages. Plus the regional firm wanted proof that you could generate business before considering partnership.

quote:

---

Like I said, your child is doing it right. Tell them make damn sure to get the CPA as early as they can and just work hard...even if the hours suck, it pays in the end. A CPA + big 4 experience opens the door to six figure salaries in nearly every industry and I wish I had the drive and awareness to do it myself when I was finishing college.

---

thanks, during the internship the hours were crazy but the money in a weeks time was sick because of the hours they let them have and my child is a go getter, has a good IQ and loves money lol...

quote:

---

I’m sure they do, but you’d have to be incredibly well connected to bring in a client a Big 4 firm wants to take as a 1st to 3rd year staff.

---

This. I have big 4 experience in audit and almost all of the private companies I've worked on do billions of dollars in revenue a year. So if a 23 year old can bring in that kind of business, more power to them.

Worked at a big 4 for 5 years and you couldn’t pay me enough to work in that miserable place my entire life.

My friend, a year before he made partner with PwC (this was in 2017), told me the lowest paid partner in the company made $750,000.

quote:

---

The doctor money is big 4 partners only (with a few exceptions, unless you are talking GP/family medicine doctor

---

Manager level at big 4 can make pretty close to family med salary if you include bonus. 180k-220k isn’t unheard of these days. Likely more than that if they are about to be an SM. Most are M level in the 30s, moving onto SM before 40 and MD or partner in mid to late 40s. Mandatory requirement is different at all firms, but usually around 60.

By comparison, Family Med doctors makes around 200k-250k on the gulf coast.

To the OP, 60K to start right out of college is a bit low for Big 4, but I am less familiar with the audit and CPA career paths than advisory. It’s a great career path starting out either way, and the benefits are usually awesome. After a few years, they are eligible for bonuses which can be substantial in good years.

quote:

---

Depends on the market and tenure, but $250k to $2-3m.

---

I worked for Big 4 and this was my estimate as well. By the way, I was never at any point jealous of their job. They may make a ton but they still work so much

The road to Partnership in a Big Four is paved with indentured servitude and occult ideology.

quote:

---

Manager level at big 4 can make pretty close to family med salary if you include bonus. 180k-220k isn’t unheard of these days.

---

This seems grossly overstated unless it's specifically for advisory not audit and in high cost of living areas.

quote:

---

Manager level at big 4 can make pretty close to family med salary if you include bonus. 180k-220k isn’t unheard of these days.

---

Can’t speak for NYC, Seattle, Bay Area markets, but that is not what tax and audit managers are making in 99% of offices. Honestly those numbers aren’t even close.