Blog Posts
Accenture: Work Hard, Play Hard
It was the mantra of Accenture when I started in 2004. A carryover from the Andersen days described the culture of Accenture: we work hard, but we play hard. It was taught from the beginning when long days spent at Analyst training at the Q Center were topped off by even longer nights at Cadillac […]
Never Sell ACN for a Loss
While I made a bold statement in the headline, “Never sell ACN for a loss,” the reality is there are lots of caveats and explanations that make this blanket statement valid (or invalid). Accenture (ACN) has made an incredible run in the last decade, averaging a remarkable 17% annualized compound return and currently at a […]
Why Your Accenture MD Tax Bill is So High
If you’re an Accenture Managing Director, you pay a lot in taxes. You make a lot of money, but it quickly gets eaten away when your effective tax rate can jump over 40% with state and federal taxes combined. However, it can sting even more when you’re paying taxes all year, and then when you […]
Video: Accenture Managing Director Road to Retirement
You’re here because you’re either an Accenture Managing Director, an aspiring Accenture MD, or just an Accenture fan like myself! I previously recorded a webinar, “Accenture Managing Director Road to Retirement,” to help MDs retiring in the next ten years optimize their financial independence approach. Thankfully, many people found this helpful. I mostly found it […]
Your Secret is Safe with Me
You’re good at what you do – like really, really good. You’ve moved up the ranks at Accenture, and your compensation makes it worth staying. It’s almost like Accenture designed your compensation to keep you coming back… with the new MD grant, equity performance grants, and VEIP RSU vests ranging from one to five years. […]