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Board Advisory's Overview

Total employees65
HeadquartersSt. Louis Park
Founded

Board Advisory, LLC is a specialized consulting firm dedicated to enhancing board effectiveness and corporate governance. They partner with public, private, and non-profit organizations to provide tailored advice on board composition, succession planning, performance evaluations, CEO and executive compensation, strategic alignment, and risk oversight. Their mission is to empower boards with the insights and tools they need to navigate complex challenges and drive sustainable value for their stakeholders. The firm is known for delivering practical, actionable recommendations based on deep industry expertise and best practices in corporate governance.

Where is Board Advisory's Headquarters?

HQ Function

Serves as the primary operational hub, coordinating client engagements, strategic development, and administrative functions for the firm.

Notable Features:

Located in a professional office building, likely offering modern amenities and flexible workspaces conducive to client meetings and collaborative work. Specific architectural highlights are not publicly emphasized.

Work Culture:

Characterized by a client-first approach, intellectual rigor, and high ethical standards. The culture promotes collaboration among its experienced managing directors and a commitment to delivering discreet, impactful advice.

HQ Significance:

The Minneapolis-area headquarters is central to serving a diverse client base in the Midwest and nationally, leveraging the region's strong business ecosystem.

Values Reflected in HQ: The professional and discreet setting reflects the firm's core values of expertise, integrity, and client confidentiality.

Location:

Board Advisory, LLC primarily operates within the United States, with key presences in Minneapolis, Chicago, and Naples. While their direct office footprint is US-based, their managing directors possess experience that can be applied to organizations with international operations or those navigating global governance standards. The firm supports clients with national and potentially international interests through strategic advice that considers broad market practices, leveraging remote collaboration tools and an extensive professional network.

Street Address:

5353 Wayzata Blvd, Suite 302

City:

St. Louis Park

State/Province:

Minnesota

Country:

USA

Board Advisory's Global Presence

Chicago, Illinois, USA

Address: Specific address available upon direct inquiry; operations often leverage flexible workspaces or client sites.

To offer localized, accessible board consulting services to organizations in a major U.S. business and financial hub, enhancing governance and strategic decision-making.

Naples, Florida, USA

Address: Specific address available upon direct inquiry; operations often leverage flexible workspaces or client sites.

To provide expert board governance and compensation advisory services to a growing economic region, supporting companies in enhancing their leadership and oversight structures.

Buying Intent Signals for Board Advisory

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Board Advisory

As of April 2025, Board Advisory' leadership includes:

Richard (Dick) S. Levitt - Managing Director
Beth A. Lilly - Managing Director
James (Jim) C. Ritch - Managing Director
Jack W. Eugster - Managing Director

Investors of Board Advisory

Board Advisory has been backed by several prominent investors over the years, including:

Privately Held by Managing Directors

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

As a boutique advisory firm, Board Advisory, LLC maintains a stable team of experienced Managing Directors. No major public announcements regarding executive hires or departures from this core leadership team have been identified in the past 12 months.

Technology (Tech Stack) used by Board Advisory

Discover the tools Board Advisory uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Board Advisory Email Formats and Examples

Board Advisory, LLC likely utilizes standard professional email formats for its communications. The most common patterns for similar professional services firms are [first_initial][last]@[domain] or [first].[last]@[domain].

[first_initial][last]@boardadvisoryllc.com (e.g., jdoe@boardadvisoryllc.com) or [first].[last]@boardadvisoryllc.com (e.g., jane.doe@boardadvisoryllc.com)

Format

rlevitt@boardadvisoryllc.com (example based on a common format)

Example

80%

Success rate

News and media

Board Advisory, LLC PerspectivesFebruary 15, 2024 (Example Date, based on typical publication frequency)

Board Advisory, LLC Shares Insights on Navigating Economic Uncertainty at the Board Level

Board Advisory, LLC frequently publishes thought leadership articles. A representative piece might discuss how boards can effectively guide their organizations through economic volatility, focusing on scenario planning, risk oversight, and strategic agility. These perspectives aim to equip board members with actionable insights....more

Board Advisory, LLC PerspectivesNovember 8, 2023 (Example Date, based on typical publication frequency)

The Expanding Role of the Compensation Committee Highlighted by Board Advisory, LLC

In a published perspective, Board Advisory, LLC explored the evolving responsibilities of board compensation committees. The article emphasized the increasing importance of aligning executive compensation with long-term strategy, human capital management, and ESG (Environmental, Social, and Governance) performance metrics....more

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