Economics & Institutional Design of Professional Services

Artificial intelligence, private capital, consolidation, global delivery and changing client economics are reshaping professional-services firms.

I am an independent advisor and analyst working with boards and executive teams to understand where their economics, governance and operating models no longer fit the firm they are becoming, and decide what needs to change.

How I work with boards

Most engagements start with one of two questions.

How well do we understand our economics?

That normally starts with an Economic Reality Review and, where the evidence points to a design problem, can progress to Economic Portfolio Architecture.

What do structural changes in professional services mean for our firm?

That normally starts with a Future of Professional Services Board Session and can lead to focused Strategic Workshops.

Selected engagements continue as Strategic Advisory. Where a major transformation is already underway, the Transformation Reality Review provides a separate entry point.

Future of Professional Services

An independent perspective on the structural changes reshaping professional services and what they mean for the firm.

The sessions give the board a shared frame of reference and identify the strategic questions that now need to be answered.

Learn more about Board Strategy Sessions

Economic Reality Review

A fact-based analysis of the actual economics of clients, services, teams and institutional costs.

The review reveals where conventional metrics may conceal cross-subsidies, structural costs or economically unsustainable work. It creates a robust foundation for decisions about portfolios, investment and operating models.

Learn more about the Economic Reality Review

Economic Portfolio Architecture

A fact-based redesign of the economic architecture of client, service and team portfolios.

It shows where different business models within the same organisation require different management, investment and operating models. The result is a robust foundation for decisions on portfolio direction, operating models, technology and AI, governance, KPIs, incentive systems and profit pools.

Learn more about Economic Portfolio Architecture

Transformation Reality Review

An independent assessment of critical transformations before operational problems become strategic or financial damage.

The review examines whether objectives, economic assumptions, governance, capabilities and execution are aligned, and identifies the decisions required.

Learn more about the Transformation Reality Review

Research meets operational experience

My advisory work combines more than 20 years of transformation experience with an independent research programme focused on the future of professional services.

I have led major transformations with budgets exceeding CHF 30 million and teams of more than 100 people. My work has included Big Four firms, international professional-services organisations and global financial institutions.

Through case studies and industry analysis, I examine how artificial intelligence, private equity, consolidation, platform economics and changing client expectations are reshaping the industry. This research is complemented by confidential work with individual firms and conversations with senior leaders across the Big Four and international mid-tier firms.

This allows me to connect visible market developments with the economic and operational realities inside firms.

Latest research and case studies

My research on professional-services firms, private equity, platform economics, global delivery models, and transformation governance informs the work I do with boards. It is not separate from my advisory work. It is the intellectual foundation behind it.

The Industrialization of Tax: How Recurring Expertise Quietly Adopted a Different Economic Model

Tax has long been regarded as one of the great advisory disciplines within professional services. It sits at the intersection of regulation, finance, corporate strategy and governance. That description remains…

Case Study 38: Crowe, KKR and the End of the Generational Contract

Most discussions about private equity in professional services focus on capital. Firms need funding for acquisitions, technology platforms, artificial intelligence, cybersecurity, talent, and growth. Private-equity firms provide that capital. Partnerships…

Case Study 37: Xeinadin, Sumer and the Hidden Assumption Behind Accounting Roll-Ups

For years, accounting looked almost perfectly designed for private-equity consolidation. Thousands of fragmented firms operated across local markets with sticky SME client relationships, recurring revenues, and comparatively resilient demand even…

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