BoardSWAP Advisor’s Concierge Service

Advisory board professionals most commonly align their market value with non-executive directors (NED), specialist consultants, partners of mid-tier professional services firms, and business coaches.

The individual Advisors set rates published within the Advisor’s Concierge Service.   These rates are based on their experience, education, certifications, licenses, and specializations.  Ancillary fees required rates do not include meals, travel, parking, and hotel accommodation when attending face-to-face meetings.  The business will cover these fees in addition to Advisor rates.

The below rates are based on the “2022-2023 Rates Report” published by the Advisory Board Centre.   These rates reflect the diversity of advisors and, therefore, the diversity of their rate structures.  These should be used as guides when assessing advisor fees for your Advisory Board.

 

RATE MARKERS                                                                                          

Examples of Annual Rates for Company Directors

Private Company Director:                           $43,500

Public Company Director:                            $170,000

Advisory Board Member:                             $60,000

 

Examples of Hourly Rates for Professional Services

Elite Partner Accounting Firm:                    $382

Non-Elite Partner Accounting Firm:           $339

 

Half-Day - Advisor Board Rates

Business Sector:               $1,500 - $5,000

Corporate Sector:            $3,000 - $10,000

Most Common:                $2,000*

 

Expected Annual Investment**

Business Sector:               $40,000 - $70,000

(No governance board in place.)

 

Corporate Sector:             $80,000 - $140,00