Retained executive search firms · exclusive search for one appointment

Retained executive search firms · retained search, profiled from their own sites

Retained executive search firms: 10 firms, profiled from each firm’s own site — not a ranking. We are one of the firms and say so: Fractional Quest, the publisher, is listed first and marked as ours.

Reviewed by Fractional Quest · updated 23 October 2026 · 20 sources linked below

  • 10 firmsfirms profiled
  • Own-site factsbasis
  • Not a rankingorder
  • 3–5our shortlist
Retained executive search firms: leadership meeting in a Covent Garden office (illustration)

Fractional seats our founder has held

  • Climatise logoClimatise
  • One Up Productions logoOne Up Productions
  • CK Delta logoCK Delta

In the press

The agency

What retained executive search firms actually do

Every claim on a card links to the page that states it; anything a firm does not publish about itself is left out. If you would rather brief one firm, we come back with a shortlist of 3–5, each with rate, availability and IR35 position set out.

Retained executive search firms are engaged exclusively for one appointment and paid in staged instalments whatever the outcome. The retainer pays for the brief, a researched market map, direct approaches to people who are not looking, and assessment and referencing before anyone signs.

This page lists retained firms and explains the model. Fractional executive search firms compares retained search with fractional and interim; for one seat, see CFO executive search firms, CMO executive search firms or COO executive search firms.

The firms below are retained search, profiles rather than a ranking: no firm here publishes the audited outcomes a league table would need, and we are one of the firms.

On the board · last 90 days

Executive roles on the board

From our jobs feed. Where a posting states no rate, “est” is our estimate from the seat’s published band; ◆ marks days a week the posting states.

Roles
9 of 9 roles
Function
Engagement

See every role on the board →

Every fractional role in the UK is on the fractional jobs board.

The firms

Retained executive search firms: the firms, on their own facts

Numbers show position on this page — they are not a ranking. Every fact on a card comes from that firm’s own site, linked; anything a firm does not publish about itself is left out.

  • 01 / THE PUBLISHERFractional QuestThe publisher of this page — listed first because it is ours, not because it outranks the firms below. Our model differs from retained search, and we say so here: you bring a brief and we come back with a shortlist, for fractional, interim, part-time and permanent seats. You bring a brief; we come back with a shortlist of 3–5, each with day rate or salary, availability and IR35 position set out, after five-stage vetting. We hold no candidate bench and publish no placement record.
  • 02 / RETAINED SEARCH · BIG FIVESpencer StuartFounded in 1956 and headquartered in Chicago, it states “more than 60 offices in over 30 countries”; practice areas it lists include financial services, private equity, consumer, industrial, healthcare, and technology, media and telecommunications (spencerstuart.com). It lists a London office (spencerstuart.com). Visit spencerstuart.com ↗ · Read our Spencer Stuart review →
  • 03 / RETAINED SEARCH · BIG FIVEHeidrick & StrugglesFounded in 1953 in Chicago, it describes itself as “a premier provider of global leadership advisory and on-demand talent solutions” — the on-demand line being its offer beyond permanent search (heidrick.com). It lists offices across 29 countries, including London (heidrick.com). Visit heidrick.com ↗ · Read our Heidrick & Struggles review →
  • 04 / SEARCH WITHIN A CONSULTANCY · BIG FIVEKorn FerryFounded in Los Angeles in 1969 by Lester Korn and Richard Ferry, it describes itself as “a global consulting firm that powers performance”: executive search sits alongside organisation strategy, assessment and succession, total rewards and leadership development (kornferry.com). The BBC’s 2025/26 Annual Report names it as the firm that supported the BBC’s senior-executive succession planning (bbc.co.uk). Visit kornferry.com ↗ · Read our Korn Ferry review →
  • 05 / RETAINED SEARCH · BIG FIVERussell Reynolds AssociatesFounded in 1969 on Madison Avenue, New York, it publishes 47 offices across 25 countries; practice areas it lists include financial services, private equity, technology, and venture capital and growth (russellreynolds.com). It lists a London office (russellreynolds.com). Visit russellreynolds.com ↗ · Read our Russell Reynolds Associates review →
  • 06 / RETAINED SEARCH · BIG FIVEEgon ZehnderIt publishes 71 offices in 37 countries and describes a “One Firm” partnership model; it does not state a founding year or HQ city on its own About pages, so neither appears here (egonzehnder.com). The BBC’s 2025/26 Annual Report names it as the firm that supported the search for the BBC’s new Director-General (bbc.co.uk). Visit egonzehnder.com ↗ · Read our Egon Zehnder review →
  • 07 / RETAINED SEARCH · LONDON-HEADQUARTEREDOdgers (Odgers Berndtson)Headquartered in London, it describes “nearly 60 years” of history and operating “across 33 countries”, and states AESC membership (odgers.com). Its interim arm, Odgers Interim, places senior interim executives (odgersinterim.com). Visit odgers.com ↗ · Read our Odgers review →
  • 08 / PARTNER-LED FEDERATIONBoydenFounded in 1946 by Sidney Boyden, it states “more than 75 offices in 45+ countries”, presents itself as a partner-led federation and states AESC membership (boyden.com). It runs interim management as one of three services, alongside executive search and leadership consulting (boyden.com). It lists UK offices in London and Aberdeen (boyden.com). Visit boyden.com ↗ · Read our Boyden review →
  • 09 / RETAINED SEARCH · LONDONHunter-MillerIt conducts retained searches for senior marketing and brand leaders across sectors and ownership models — listed, PE-backed, family-owned and growth companies — and lists an address at 20 Grosvenor Place, London (hunter-miller.com). Visit hunter-miller.com ↗
  • 10 / RETAINED LIFE SCIENCES SEARCHPartnerWiseIt states every search is “retained, partner-led”, and describes itself as “retained, never contingent”, working Director to C-suite in life sciences; it lists Harrogate and London offices (partnerwise.co.uk). Visit partnerwise.co.uk ↗

Independence. Fractional Quest takes no referral fees from any firm listed, and none of them is a partner or client. Firm sites change; each claim is as read on 23 October 2026.

Three seats

What does a fractional seat look like in practice?

Three fractional seats our founder has held. Real companies, named with their permission; we state only what the seat covered.

Fractional seats our founder has held

  • Climatise logoClimatiseFractional · go-to-market

    A carbon-reporting software company that needed go-to-market leadership before a full-time hire.

    Seat
    Fractional go-to-market lead
    Days
    Two days a week
    Scope
    Go-to-market
  • One Up Productions logoOne Up ProductionsFractional · go-to-market

    A production company that needed both the go-to-market strategy and its execution.

    Seat
    Fractional go-to-market: strategy and execution
    Days
    Two days a week
    Scope
    Go-to-market
  • CK Delta logoCK DeltaFractional · technology

    Technology work: tech stack implementation.

    Seat
    Fractional technology lead

These are seats our founder has held, not placements.

The scope

How to choose between retained executive search firms

The fee basis, in writing. Retained search firms are paid in staged instalments whatever the outcome, and work exclusively; contingent recruiters are paid only if their candidate is hired, often non-exclusively; interim and fractional providers usually charge through the day rate or a retainer. Ask for the basis and when each payment falls due, in writing. We publish no fees: ours are agreed in writing per engagement.

Who vets, and how. Ask who runs the search day to day — at a retained firm, the partner who wins the brief is not always the person who calls candidates — and what each candidate is tested on beyond the CV. Our five-stage vetting is published.

What comes back. Named candidates with a rate or salary, availability and an IR35 position — or a database, a longlist or a marketplace to browse? Ours is a shortlist of 3–5.

IR35 on every brief. For an interim or fractional executive working through their own company, the off-payroll rules decide how the engagement is taxed, and a medium or large client makes the status determination (HMRC). Ask for the IR35 position on the brief, not after the contract.

Retained, contingent or day rate. Retained search for a permanent, board-level appointment; contingency for a role below the board with many candidates; interim for full-time cover for a fixed term; fractional for senior judgement on part of the week.

The process

How does a brief become a shortlist?

Six steps, one accountable person at each. We don’t promise a shortlist by a date; the weeks below are what a well-scoped brief usually takes.

  1. Day 0
    01
    The 15-minute call
    The seat, the engagement shape, the days or hours, the start date and the budget. No account needed; a call or a written brief.
    You and us
  2. Week 1
    02
    Scope agreed in writing
    The outcome the seat exists for, which days, and how the engagement will run for IR35. A brief that describes a person rather than a job, we rewrite with you.
    Us
  3. Weeks 1–2
    03
    Search and approach
    We approach people who aren’t looking and verify prior tenure in the seat at your scale and stage.
    Us
  4. Weeks 2–3
    04
    References, taken by us
    From recent clients and boards: what they delivered, not what they titled it.
    Us
  5. Week 3
    05
    Shortlist of three to five
    Each with day rate or salary, availability and IR35 position set out. You interview and decide.
    You
  6. Week 4
    06
    Kick-off
    Scope, first-month outcomes and the contract agreed before day one.
    You, them and us

Against the alternatives

Retained executive search firms: how the models compare retained, contingent, interim or fractional

The firms on this page work in one or more of these models. Ask which one a firm proposes for your brief.

Fractional Quest (the publisher)Retained search firmContingent recruiterInterim providerFractional provider
How it is paidAgreed in writing per engagementStaged instalments, whatever the outcomeOnly if its candidate is hiredUsually through the day rateA retainer or day rate, or a placement fee
ExclusivityOne brief, one shortlistExclusive to one firmUsually non-exclusiveVariesVaries
EngagementsFractional, interim, part-time, permanentPermanent, sometimes interimMostly permanentFull-time for a fixed termPart of the week, ongoing
What comes backA shortlist of 3–5, each with rate, availability and IR35 positionA shortlist from a researched market mapCVs of available candidatesAvailable interims matched to the briefA matched leader, or a marketplace to browse
Best whenYou want options across engagement shapesA permanent, board-level appointmentA role below the board with many candidatesThe seat is empty or a change needs leading nowYou need senior judgement, not five days

Against the alternatives

The retained executive search firms on this page side by side

What each firm states about itself on its own site. Where a firm does not state something, we say so rather than fill it in.

TypeEngagements it statesWhere it states it is based
Fractional QuestThe publisherFractional; interim; part-time; permanentRegistered in Covent Garden, London
Spencer StuartRetained search · Big FivePermanent (retained search)Chicago HQ; London office
Heidrick & StrugglesRetained search · Big FivePermanent search; on-demand talentChicago (founded); London office
Korn FerrySearch within a consultancy · Big FivePermanent search, among consulting servicesLos Angeles (founded); office count not published
Russell Reynolds AssociatesRetained search · Big FivePermanent (retained search)New York (founded); London office
Egon ZehnderRetained search · Big FivePermanent (retained search)Not stated on the pages we read
Odgers (Odgers Berndtson)Retained search · London-headquarteredPermanent search; interim (Odgers Interim)London HQ
BoydenPartner-led federationPermanent search; interim; leadership consultingUK offices in London and Aberdeen
Hunter-MillerRetained search · LondonPermanent (retained search)London (Grosvenor Place)
PartnerWiseRetained life sciences searchPermanent (retained); interim and fractionalHarrogate and London

The decision

Which of the retained executive search firms fits your brief

Match the firm to the hire, not the other way round.

  • Permanent, board levelAn identity-defining appointmentA retained firm: the research, assessment and exclusivity are what the retainer buys.
  • Below the boardA senior hire with many candidatesA contingent recruiter may be enough, paid only if its candidate is hired.
  • A phase, not a careerSenior capability for a periodFractional or interim, not a retained search — see fractional executive placement firms.

Vetting

How do we vet an executive?

Five stages before anyone reaches a shortlist of three to five.

  1. Pedigree screen
    Tenure
    We verify prior tenure in the seat, at the scale and stage you need. No consultant presenting as an executive.
  2. Mandate fit
    Fit
    Fit to your stage, sector and the problem the seat exists to solve, not a CV keyword.
  3. Reference deep-dive
    Verify
    We take references ourselves, from recent clients and boards: what they delivered, not what they titled it.
  4. Shortlist
    Shortlist
    Three to five candidates, each with day rate, availability and IR35 position set out.
  5. Kick-off
    Start
    Scope, first-month outcomes and the contract agreed before day one.

The full process is on how we vet.

which kind of firm

Retained executive search firms: which kind of firm fits and which page to read next

The retained executive search firms above work in the models set out in the comparison table — retained search, contingent recruitment, interim provision and fractional provision — and several work in more than one. Start with the hire: permanent or a phase, board level or below, five days or part of the week. Then ask each firm which model it proposes for your brief, and why.

If you would rather brief one firm for every shape of the seat, book a call: we recruit fractional, interim, part-time and permanent executives, and the brief decides the shape.

Whichever you brief, the same law applies: the Employment Agencies Act and the Conduct Regulations cover executive search consultants as well as agencies, a firm must not charge a candidate for finding them work, and the fee you pay is a commercial agreement between you and the firm (gov.uk guidance on the Conduct Regulations).

method

How this list is built and what it is not

Own-site facts only. Each firm is profiled from its own website, read on 23 October 2026, or from a primary register such as Companies House; every claim links to the page that states it. We do not repeat a firm’s fees, guarantees, client names or self-descriptions such as “leading” or “number one”.

Not a ranking. Numbers show position on the page. No firm here publishes the audited outcomes a ranking would need, and we are one of the firms — listed first because the page is ours.

Independence. Fractional Quest takes no referral fees from any firm listed, and none of them is a partner or client. Other retained executive search firms exist; we add a firm only when its own site gives us facts to state.

The right route

Agency, recruiter, interim or permanent?

Three taps. Say how much senior work there is, for how long, and whether it is one leader or a run of hires; the tool names the route.

What do you need?
How much senior work each week?
For how long?
The route · Fractional executive

Brief a fractional recruitment agency.

Senior judgement for part of the week: a fractional CFO, CTO, CMO or COO on one to three days. We come back with a shortlist of three to five, each with day rate, availability and IR35 position set out.

We recruit executives. We don’t supply embedded fractional recruiters; where that is the right route, the tool says so.

Clients

What do companies say about our fractional work?

From a company where our founder has held a fractional seat. Name and logo given with the client’s permission.

“Excellent fractional support for building both our go-to-market strategy and our execution.”

Charlie AndersonDirector, One Up Productions

Where we are

Where is Fractional Quest?

Where we are

71–75 Shelton Street, Covent Garden, London WC2H 9JQ

Fractional Quest Ltd, registered in England and Wales, no. 17322105. This is our registered office; meetings are by appointment, and most briefs start on a 15-minute call.

Covent GardenHolborn

Questions

Retained executive search firms questions, answered

Retained executive search firms are engaged exclusively for one appointment and paid in staged instalments whatever the outcome. The retainer pays for the brief, a researched market map, direct approaches to people who are not looking, and assessment and referencing before anyone signs.

Sources

Where does every figure on this page come from?

The primary publisher for each number, linked. Where a figure is our own arithmetic, the page says so where it appears.

  • spencerstuart.com
  • heidrick.com
  • kornferry.com
  • bbc.co.uk
  • russellreynolds.com
  • egonzehnder.com
  • odgers.com
  • odgersinterim.com
  • boyden.com
  • hunter-miller.com
  • partnerwise.co.uk
  • HMRC
  • legislation.gov.uk
  1. 1
    Spencer Stuart — own site spencerstuart.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  2. 2
    Spencer Stuart — own site spencerstuart.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  3. 3
    Heidrick & Struggles — own site heidrick.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  4. 4
    Heidrick & Struggles — own site heidrick.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  5. 5
    Korn Ferry — own site kornferry.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  6. 6
    Korn Ferry — BBC Annual Report 2025/26 bbc.co.uk
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  7. 7
    Russell Reynolds Associates — own site russellreynolds.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  8. 8
    Russell Reynolds Associates — own site russellreynolds.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  9. 9
    Egon Zehnder — own site egonzehnder.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  10. 10
    Odgers (Odgers Berndtson) — own site odgers.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  11. 11
    Odgers (Odgers Berndtson) — own site odgersinterim.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  12. 12
    Boyden — own site boyden.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  13. 13
    Boyden — own site boyden.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  14. 14
    Boyden — own site boyden.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  15. 15
    Hunter-Miller — own site hunter-miller.com
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  16. 16
    PartnerWise — own site partnerwise.co.uk
    Read 23 October 2026; the firm’s claims about itself, linked beside each on the card.
  17. 17
    Understanding off-payroll working (IR35) HMRC
    Status depends on how the engagement runs; medium and large clients make the determination.
  18. 18
    Rates and thresholds for employers 2026 to 2027 HMRC
    Employer National Insurance at 15% above £5,000 a year.
  19. 19
    Check employment status for tax (CEST) HMRC
    HMRC’s own status check for each engagement.
  20. 20
    Employment Agencies Act 1973 legislation.gov.uk
    The law a recruitment agency works under; no fee to a work-seeker.

For hiring managers

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  1. A shortlist of 3–5, each with day rate, availability and IR35 position
  2. Fractional, interim, part-time, temporary or permanent — and non-executive directors
  3. Every candidate through our five-stage vetting
  4. Your briefs and their candidates, in one room
Fractional Quest logo — how to choose retained executive search firms, retained executive search firms