May as well rename "Edward D Jones & Co" to "McKinsey Graduates & Co" because that's who's really running the firm in to the ground. The current MP office occupant at this point is just a podcast participant and generic figurehead with no respect, no spine, and no actual leadership skills to speak of.
If the MP could lead the firm on their own, why would they have needed to bring in so many GPs from the outside???
The statements are correct. The majority of the general partners couldn’t get a job anywhere else at any level because they don’t have the skills.
Don't forget Deloitte and BCG also
@gg you do not know the facts the number of home office GPs is decreasing . The firm grows and the number of GPs in HQ has decreased. Less opportunity for those that aspire upper leadership. Managing director will be the cap for many who may have made partner or doing partner work.
The number of GPs has increased like ~50% in the last few years
These people are so d-mb and out of touch, they couldn't even run a lemonade stand on their neighborhood street. They got where they are because of politics 101, not skill...and clearly shows