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Please provide an overview of the structure of PwC's global advisory practices, including org chart/structure, names of leadership team, budget, P&L, locations, and number of staff.
Hello! Thanks for your question about PwC's global advisory services. The most useful sources I found to answer your question are the PwC.com website and PwC's 2016 Global Annual Review. The short version is that PwC's global advisory service line, which is led by Miles Everson, reported a revenue of US$11.531 billion in 2016. There were 223,468 PwC employees spread across 157 countries in 2016 with 24% working in the advisory service line, the line that comprises PwC's consulting, deals, and forensics services. Below you will find a deep dive of my findings.
LEADERSHIP TEAM
Below are the names of the members of PwC's global advisory team in the order shown in the PwC.com website.
Miles Everson
Global and Asia Pacific, Americas (APA) Advisory Leader
New York
Andrew Gordon
Global Forensic Services Leader
PwC UK, London
Ashley Unwin
Europe, Middle East & Africa (EMEA) Advisory Leader
London
Calum Davidson
China & Taiwan, Singapore, Hong Kong (CaTSH) Advisory Leader
PwC China, Hong Kong
Graeme Pike
Chief Financial and Administrative Officer
London
Joachim Rotering
Advisory Industrial Products & Services Leader
Dusseldorf
John Dwyer
Global and UK Deals Leader
London
John Garvey
Advisory Financial Services Leader
New York
Kelly Barnes
Advisory Health Industries Leader
PwC US
Kim Thompson
Advisory Risk and Quality Leader
San Francisco
Leslie Moeller
Global Retail & Consumer Advisory Leader
Cleveland
Marco Amitrano
UK Consulting Leader
London
Martin Scholich
Germany and PwC Europe Advisory Leader
Frankfurt
Mike Connolly
Global Platforms Leader
Chicago
Mike Koehneman
Chief Operating Officer
New York
Mike Surface
Advisory Strategy & Investments Leader
US
Mohamed Kande
US Advisory Leader
Washington, DC
Phil O'Prey
Global Advisory Clients and Markets Leader
Australia
Randy Browning
Advisory Markets Leader
New York
Roger Wery
Global Advisory Leader, Technology, Infocomm and Entertainment & Media (TICE)
San Francisco
ORGANIZATION/STRUCTURE
There is no readily available organization chart, but from the profile of Miles Everson, the Global Advisory Leader, it appears that 'advisory services' is divided into the following services:
1. Consulting
2. Deals
3. Forensics
In consulting services, PwC provides "experience and foresight" to the client to help them meet their business goals. Deals services focus on determining the potential of "mergers, acquisitions and divestitures and capital markets transactions." Forensics services, on the other hand, deal with "preventing, responding to and remediating a wide range of business threats, risks and complex issues."
Also, it appears from the Global Advisory Leadership Team page of PwC.com that working with the Global Advisory Leader are Advisory Leaders in the following regions/countries and sectors/segments.
Regions/Countries
1. Asia Pacific, Americas (APA)
2. Europe, Middle East & Africa (EMEA)
3. China & Taiwan, Singapore, Hong Kong (CaTSH)
4. Germany and PwC Europe
5. US
Sectors/Segments
1. Industrial Products & Services
2. Financial Services
3. Health Services
4. Risk and Quality
5. Strategy & Investments
6. Markets
7. Retail & Consumer
8. Clients & Markets
9. Technology, Infocomm and Entertainment & Media (TICE)
BUDGET AND PROFIT
After searching extensively, I came to the conclusion that the budget and profit of PwC's global advisory service line are not publicly available. Supporting this conclusion is an October 2016 Financial Times article, which says that none of the Big Four reports global profits. The four companies "argue that the number is not relevant because they are a collection of individual member firms in different countries — rather than one cohesive global entity." Nevertheless, I was able to gather some financial figures from PwC's 2016 Global Annual Review that you might be interested to know.
According to the annual review, the global revenue from PwC's advisory service line was up 8.3% at US$11.531 billion in 2016. This amount accounted for 32.12% of PwC Global's gross revenue in 2016, which was US$35,896 million. Meanwhile, the assurance and tax service lines accounted for 42.57% and 25.31% of the gross revenue, respectively.
Factors driving the 8.3%-revenue growth in the Advisory service line include higher demand for PwC's "strategy through execution" services and growth in the following sectors/segments: cybersecurity, digital, data & analytics, technology, retail & consumer, government, insurance, and communications.
PwC UK, on the other hand, reported a profit of £829 million in its 2016 Annual Report. Profit by service line was not specified, though.
LOCATIONS
As shown in PwC's 2016 Global Annual Review, the company has "offices in 743 locations across 157 countries." These countries are spread across the following regions:
1. Asia
2. Australasia and Pacific Islands
3. Central and Eastern Europe
4. Western Europe
5. Middle East and Africa
6. North America and the Carribbean
7. South and Central America
The complete list of these 157 countries can be seen in the Office Locations page of pwc.com. There is no indication, though, of whether advisory services are offered in all of these locations.
The Global Advisory Leadership Team is spread across the following locations:
1. New York
2. London
3. Hong Kong
4. Dusseldorf
5. San Francisco
6. Cleveland
7. Frankfurt
8. Chicago
9. Washington
10. Australia
EMPLOYEE COUNT
According to the 2016 Global Annual Review, there were 223,468 PwC people worldwide. Western Europe, North America and the Carribean appear to be the regions with the highest concentrations of employees. Employees in these regions account for 31%, 26%, and 24% of the total headcount, respectively.
Of the 223,468 PwC employees worldwide in 2016, 24% or more than 53,000 were in the Advisory service line.
CONCLUSION
To wrap it up, PwC's global advisory service line, which is led by Miles Everson, reported a revenue of US$11.531 billion in 2016. There were 223,468 PwC employees spread across 157 countries in 2016 with 24% working in the advisory service line, the line that comprises PwC's consulting, deals, and forensics services.
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