Investors looking to invest in consulting stocks have plenty of options. From the MBB (McKinsey, Bain, BCG) to smaller management consulting firms like Huron Consulting and FTI Consulting, there are a variety of publicly traded consulting firms to choose from. But how do you know which one is right for your portfolio? In this article, we'll explore the top publicly traded consulting firms and what makes them unique. The MBB is a category of its own.
These three firms have a foundation in core strategy, but they also offer a variety of other services. They also have a high level of prestige that sets them apart from other consulting firms. Deloitte Consulting is another large consulting firm that has made a name for itself in the industry. It originally specialized in accounting, but now offers a wide range of services.
The Big Four accounting firms are usually owned by high-level employees, making it difficult for them to reach the stock exchange. However, their market share in the consulting market is much lower than their dominance in the auditing market. Oliver Wyman is another smaller management consulting firm that retail investors and traders can easily invest in. The company is known for its good communication at all hierarchical levels and its collegial personalities.
Employees may have to work long hours in a growing company, but they generally enjoy a fun work environment. The 100% product-focused consultant is the only pure technology consulting member on the list, with its services, including the new Azure blockchain council, aligned exclusively with Microsoft's new product suite. PwC is another large consulting firm that offers management and technology consulting services with an emphasis on technology and services for the U. S.
government. Promotions don't happen as quickly as other firms, but it's still a great place to start a career. The Big Four have been very active with M&A in recent years as a means to drive growth and enter new markets and consulting segments. Disruptive technologies and new market competitors leveraging them are likely to continue to drive investment in consulting. If you're looking for advice on which consultancy might be best for your desired career path, book a 1-hour session with an expert coach.
Many brokers allow you to trade consulting stocks without commissions and you can also buy fractional shares.