I know this isn't exactly a hot topic on this fora, and most people wouldn't categorize valuation as a consulting function, but as I've stated in other posts, there seems to be increased interest/traction in the area. The fact of the matter is that valuation groups typically fall under Advisory and often have 'consultant' titles. Either way, in my 2+ year valuation career, I've come across many different valuation groups, each with varying niches and levels of quality. I think this topic might be helpful for those recent college/MSF grads looking into bval as a potential profession.
The point of this thread is to get a sense of how this community would rank the top 5 business valuation firms. Below is a list of firms that come to mind immediately, but please feel free to add in case I've missed any big ones:
Duff & Phelps
MPI (Management Planning Inc)
VRC (Valuation Research Corporation)
Again, a list of your top 3-5 with your bottom 3 would be appreciated. An explanation of your ranking would helpful as well.
top 4 consulting valuation firms
For the most part, our users shared that the top valuation firms to work at are Houlihan Lokey, Duff & Phelps, and the big 4. Our users shard their individual rankings below.
I would say Houlihan, D&P, and the Big 4. IMO, the independent ones beat Big 4 out as far as experience since Big 4 does a lot of review audit work.
Leaving out Big 4, I'd say:
- Houlihan Lokey
- Duff and Phelps
- Stout Risius Ross
Houlihan Lokey takes the cake with more advanced transaction - related business; but D&P literally wrote the book on Valuation (Cost of Capital) and writes new issues every other year.
I worked in valuation for a few years before transitioning out but the top 5 for me in terms of work, pay, and exit opps would be:
- Houlihan Lokey
- Duff & Phelps
You can learn more about the valuation group at one of the top firms, Duff & Phelps, below.
You can read more about all the above mentioned firms on the WSO Company Database.
Read More About Valuation Firms on WSO
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- Boutique Valuation Firm Or Big Four Financial Due Diligence?
- Should I Leave My Current Position For A Valuation Firm?
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