Portage Point Partners is an ambitious consulting firm specializing in providing operational business advisory and financial advice to companies during periods of growth, complexity, transition and underperformance. While the young company does not quite have the footprint of larger firms like McKinsey and Bain, it has been growing aggressively in the years since its founding. In that time, the firm has established a reputation for elite performance, with a lean operational structure that minimizes overhead and maximizes value. If you’re an aspiring consultant looking to work in business advisory and/or finance, and you thrive in self-starter cultures, Portage Point Partners might be the ideal place for you to launch your consulting career.
Firm Key Stats
Firm Website: www.portagepointpartners.com
Firm Headquarters: Chicago, IL
Firm Number of Employees: 50-75
Firm Number of Locations: 4
Firm Chief Executive: Matthew Ray
Firm Revenue: $5-10 million
Portage Point Partners History
The Portage Point Partners history begins in 2016. From its founding, the company has focused on providing business advisory and financial services to mostly middle market firms during periods of intense change and uncertainty. The company emphasizes its ownership mentality in aggressively delivering results that provide maximal value with minimal waste. Further, the company focuses on integrating its many areas of expertise, rather than distributing them among multiple departments, which Portage Point Partners views as creating redundancy.
Portage Point Partners Careers
Now let’s look at everything you need to know about Portage Point Partners Careers. For more information, check out their careers page.
Portage Point Partners Internship
There is a Portage Point Partners internship, with eight summer interns selected for 2023. However, there is no information available regarding such factors as salary, intern duties, or selection criteria. Increasingly in the consulting industry, interns often make a similar salary to full-time associates, but obviously only for the 3-4 months they tend to spend with the company.
The Portage Point Partners practice areas include:
- Performance Improvement
- Turnaround & Restructuring
- Interim Management
- eCommerce & Digital
- Investment Banking
- Transaction Advisory Services
The main Portage Point Partners Industries are:
- Automotive & Industrials
- Aviation & Aerospace
- Business & Industrial Services
- Consumer Products
- Distribution & Logistics
- eCommerce & Digital
- Energy & Utilities
- Restaurants & Food Services
- Healthcare & Pharmaceuticals
- Tech Enabled Services
Portage Point Partners Locations
The Portage Point Partners locations include:
- Portage Point Partners Chicago
- Portage Point Partners New York
- Portage Point Partners Dallas
- Portage Point Partners Los Angeles
The Portage Point Partners career path in the consulting track begins at the Associate level, then rises to Senior Associate, Director, and Managing Director. There are also Vice President, Senior Vice President, and Senior Advisor positions listed on the website. Employee reviews suggest advancement opportunities are prevalent for motivated employees.
For departing employees, the Portage Point Partners exit opportunities are promising. Because the company focuses on integrating its expertise among a tight-knit team, employees are given the opportunity to gain experience in a variety of financial and business advisory services. The company often works with clients undergoing intense change, and is called upon to roll up its sleeves to help solve concrete, sometimes existential operational and financial problems. The problem solving and decision-making skills built doing this type of work are all highly marketable to consulting firms as well as other companies.
There are not currently any Portage Point Partners diversity programs listed on the company website. However, the company does have a rating of 4.3 stars out of 5 for Diversity & Inclusion on Glassdoor.
Portage Point Partners Culture
According to employee reviews, the Portage Point Partners culture values a strong work ethic, and rewards self-starters with advancement opportunities. This is consistent with the company’s stated ethos of “operational excellence.” The compensation structure is designed to reward motivated employees willing to take on responsibilities and bring in new business. Employees are granted a considerable degree of autonomy and their opinions are considered in organizational decision-making. Employee reviews do also mention that maintaining a healthy work-life balance can be challenging.
Portage Point Partners Interview
Now let’s take a look at the Portage Point Partners interview, so you can know what to expect before you apply.
Firm Interview Process
The firm interview process at Portage Point Partners is relatively standard for consulting firms. After their initial contact, applicants proceed through several rounds of interviews. These interviews involve a combination of behavioral fit questions and technical proficiency questions, with applicants being administered multiple case studies. In addition to behavioral fit and technical competency, the company seeks self-motivated individuals with a strong work ethic.
Portage Point Partners Salary
According to previous employees, the Portage Point Partners salary for the Associate position is $107,000. The salary for Senior Associates starts at $132,000. By the time employees rise to the Managing Director level, their salary averages $366,000 in total compensation. Compare these figures to the average salary at the Big Three consulting firms, where entry-level consultants earn an average salary of $110,000-112,000.
For a more detailed list of salary information for hundreds of firms, make sure you check out our 2023 Management Consulted Salary Report.
While there are larger and more well-known firms out there, Portage Point Partners offers the chance to advance your career quickly in accordance with your personal commitment to excellence. With a highly competitive compensation and incentive structure, as well as a commitment to growth, Portage Point Partners can be an excellent starting point for an impactful consulting career.
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