Alvarez & Marsal was founded in 1983 when Tony Alvarez II and Bryan Marsal recognized the opportunity to provide radically different advice and hands-on support to organizations facing operational and financial hurdles – situations demanding action, objectivity and real results.

Mavericks determined to challenge the prevailing approach to management consulting, Alvarez & Marsal's (A&M) founders helped pave the way for what became an industry: turnaround management, corporate restructuring and performance improvement for companies and stakeholders.

Often compared to corporate doctors, the founders built a culture through the years – blending together a mix of operating managers, functional experts and consultants. The firm grew at a measured pace to maintain quality and increase A&M's global reach and capabilities.