Armanino Launches Program to Encourage More Women to Become Partners 

Andy Armanino

San Ramon, Calif.-based Armanino LLP (FY17 net revenue of $242.7 million) has launched a program designed to drive career advancement for female managers.

Called the Executive Access Program, the initiative will match high-potential female managers with executive committee members to provide them the opportunity to build relationships and understand the path to partnership. The inaugural class includes 18 women.

The firm also announced a Transparency to Partnership educational track to provide clearer insight and more transparency about what it takes to be a partner. Training modules will offer information on partner qualifications, the benefits of partnership, flexibility and expectations, partner profiles and other relevant topics. These courses will be available to all interested firm employees, in order to address misconceptions and barriers.

Both initiatives were developed by Armanino’s Women’s Advancement Network (WAN) and comes after extensive survey findings of male and female Armanino partners and managers provided insights on barriers and opportunities for female partner promotion.

Results revealed that women were opting out of the partner track at twice the rate of men and that executive sponsorship was one of the most important factors in achieving partnership. The survey also revealed gaps in the understanding of the qualifications and benefits of partnership for both men and women. The Accounting MOVE Project conducted the internal survey.

“Armanino is committed to not only meeting but exceeding the industry average of female partners,” says MP Andy Armanino. “In the past three years, 29 percent of internal partner promotions were women, a trend we would like to see increase in the future.”