October 30, 2024
Compensation Consultants: Market Share Data
A recent write-up from Fintool maps the latest proxy statement disclosures from every NYSE and Nasdaq-listed company in order to determine compensation consultant market share. Nearly one-third of listed companies didn’t disclose the name of a compensation consultant. Here are a few other takeaways:
The compensation consultant market in 2024 shows both concentration and diversity. While a few large firms dominate across various indices, there also a long tail of specialized or boutique consultants serving specific market segments.
Key observations include:
– The S&P 500 and Nasdaq 100 show higher concentration among top firms compared to the broader Russell 3000 index.
– There are notable differences in consultant preferences between NYSE and Nasdaq-listed companies, possibly reflecting differences in company profiles and industries.
– Some consultants show particular strength in specific indices or exchanges, suggesting potential specialization or targeted market strategies.
If you’re curious, Fintool is an “AI copilot” that applies a large language model to EDGAR filings. So, you can quickly search, analyze and slice & dice the results. For example, with the comp consultant data, you can dive into market share categorized by exchange and major index.
– Liz Dunshee