What Alliance Global Advisors does

Alliance Global Advisors is a women-owned consulting firm headquartered in Naples, Florida, co-founded in April 2020 by Heather Fernstrom Border and Jennifer Stevens. The firm provides strategic growth advisory services to real asset investment managers, serving both emerging managers preparing for first institutional vehicle launches and established firms executing platform evolution, new strategy introductions, and expansion into private wealth and sovereign channels. Service scope encompasses 13 named sub-products spanning organizational structuring, product development, operational due diligence preparation, vehicle recapitalization, competitive set analysis, ESG and DEI consultation, and ongoing executive consulting.

The business operates on a minimum 12-month retainer model billed monthly, positioning Alliance as a long-term strategic partner rather than a transactional consultant. Distribution is exclusively direct, with the firm serving as an extension of client leadership teams through bi-weekly working calls and continuous engagement. Alliance leverages proprietary Global Investor and Consultant Mapping Tools that aggregate intelligence on capital sources, allocation trends, and consultant coverage. In 2024, the firm extended its platform through Alliance Search Partners, a wholly-owned executive recruitment subsidiary led by Stacy Schiffman, introducing professional services fees as a second revenue stream alongside subscription-style advisory retainers.

Go-to-market is community-led and relationship-driven, anchored by an advisory board with senior leaders from World Bank Pension Fund, Oregon State Treasury, J.P. Morgan Asset Management, LACERA, and Florida SBA, plus active participation in PREA, IREI, RELPI, GRESB, and major industry conferences. The named client base includes enterprise organizations such as Realty Income Corporation, Nuveen Real Estate, Kennedy Wilson, Berkshire Residential Investments, Juniper Square, GEM Realty Capital, Noble Investment Group, Elion Partners, and Park Madison Partners. Since founding, Alliance has advised investment management organizations representing more than $970 billion in aggregate assets under management.

Name

Alliance Global Advisors

Legal name

Alliance Global Advisors

Website

https://alliance-globaladvisors.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Alliance Global Advisors is a women-owned consulting firm founded in 2020 that provides strategic growth advisory to real asset investment managers through minimum 12-month retainer engagements, complemented by executive recruitment via its 2024-launched Alliance Search Partners subsidiary.

Ownership category

akta.pro rank

Product category

Real Asset Investment Management Consulting

NAICS

Management Consulting Services (54161), Other Management Consulting Services (541618)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Corporate Strategy Advisory (BPAHADAA)

akta.pro secondary industries

Corporate Finance & Capital Advisory (BPAHADAB), Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC), Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

Keywords

• Real asset advisory
• Investment management consulting
• Institutional capital raising
• Strategic advisory services
• Executive search recruiting

Headquarters

HQ city

Naples

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure

Revenue model

1. Strategic Advisory Retainer: Alliance works with clients through a minimum 12-month engagement structure, compensated via a monthly retainer. This model supports ongoing, proactive advisory work and allows Alliance to serve as a long-term strategic partner rather than a transaction-based consultant.
2. Executive Search Services (Alliance Search Partners): In 2024, Alliance launched Alliance Search Partners as an executive recruitment portfolio company focused on helping real asset investment managers identify and hire senior talent. This introduces a separate revenue stream from executive search services.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Alliance Global Advisors provides strategic growth advisory services to real asset investment managers, delivered as a minimum 12-month monthly retainer engagement. The offering encompasses organizational assessment, new product development, operational due diligence preparation, marketing and pitch enhancement, competitive positioning, ESG/DEI consultation, professional development, independent investor engagement feedback, entity-level capitalization, and ongoing executive consulting. Through its subsidiary Alliance Search Partners (launched 2024), the firm also provides executive recruitment services for senior capital raising, investor relations, investment strategy, and operational leadership roles.

Product overview

Alliance Global Advisors is a women-owned consulting firm offering a single unified advisory service — strategic growth solutions for real asset investment managers. The core offering encompasses 13 named consulting sub-products spanning organizational assessment, product development, operational due diligence preparation, vehicle recapitalization, marketing collateral review, presentation enhancement, competitive set analysis, ESG and DEI consultation, professional development, investor engagement feedback, entity-level capitalization structuring, and ongoing executive consulting. In 2024, the firm launched Alliance Search Partners as a separate executive recruitment sub-brand, extending the advisory platform to include talent acquisition and executive search capabilities for real asset investment managers.

Differentiator

Problem solved

Functional benefit

Brands

• Alliance Search Partners: Executive recruitment portfolio company of Alliance Global Advisors, focused on helping real asset investment managers identify and hire senior talent aligned with their long-term growth strategy. Specializes in recruiting professionals across capital raising, investor relations, investment strategy and operational leadership.

Products and services

• Strategic Growth Solutions (Core Consulting Services) Unified advisory engagement for real asset investment managers covering organizational assessment, new product development, marketing and brand elevation, competitive positioning, investor engagement, ESG and DEI consultation, professional development, and ongoing executive consulting, delivered through a minimum 12-month monthly retainer relationship.
• Organizational Structuring & Development Advisory on assessing organizational structures, evaluating long-term business plans, and unlocking opportunities for future growth for real asset investment managers.
• Product Development Guidance on launching new investment vehicles including open-end, closed-end, and special situation strategies for real asset investment managers.
• Operational Due Diligence Preparation and Mock Due Diligence Advisory on preparing managers for institutional due diligence processes, including mock reviews, data room strengthening, performance attribution, and internal documentation.
• Vehicle Recapitalization Advisory on capital structure recapitalization of existing investment vehicles for real asset investment managers.
• Marketing Collateral Review Review and enhancement of investor-facing marketing materials and communications for real asset investment managers.
• Presentation Enhancement & Pitch Practice Advisory and coaching on presentation skills and investor pitch development for real asset investment managers.
• Competitive Set Analysis Analysis of competitive landscape to identify differentiators and reposition firms to stand out in the market.
• ESG & DEI Consultation Advisory on environmental, social, and governance integration and diversity, equity, and inclusion strategy for real asset investment managers.
• Professional Development & Best Practice Guidance Education and mentorship support for investment management teams to improve practices and professional growth.
• Independent Investor Engagement & Feedback Third-party perspective and feedback on how investors and consultants view the client organization, including investor relations strategy.
• Entity-Level Capitalization and Structuring Advisory on entity-level investment opportunities and capitalization structures for platform growth of real asset investment managers.
• Ongoing Executive Consulting Long-term strategic advisory partnership with bi-weekly working calls, ongoing leadership touchpoints, and regular collaboration with real asset investment managers.
• Alliance Search Partners (Executive Recruitment) Executive recruitment portfolio company of Alliance Global Advisors, launched in 2024, focused on helping real asset investment managers identify and hire senior talent across capital raising, investor relations, investment strategy, and operational leadership positions. Led by Stacy Schiffman, an executive search professional with a distinguished career in alternative investments and talent acquisition.

Quantifiable outcome

• Helped position a client for institutional fundraising contributing to securing a $90 million commitment from a major U.S. public pension plan

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

13 partnerships are on record, tiered core and minor.

• PREA FoundationcoreStrategic or Co-development PartnerAlliance is a proud supporter of the PREA Foundation, supporting the mission to further the interests and values of the institutional real estate investment community by advancing industry-wide diversity and inclusion. Alliance helps increase awareness of the PREA Foundation to its client base resulting in new membership and recognition of critical initiatives.
• Coffee ConnectorsminorStrategic or Co-development PartnerAlliance is a proud supporter of Coffee Connectors, an organization dedicated to empowering first-generation college students by introducing them to career opportunities in commercial real estate. Through its programs, Coffee Connectors facilitates meaningful industry connections and provides educational resources.
• Institutional Real Estate, Inc. (IREI)coreStrategic or Co-development PartnerAlliance collaborates with IREI on educational content and events, including the Alliance-IREI Masterclass series. IREI is a leading information provider for institutional real estate investors, and this partnership supports Alliance's thought leadership positioning.
• RELPI (Real Estate Leadership & Professional Institute)coreStrategic or Co-development PartnerAlliance collaborates with RELPI, an organization dedicated to professional development in commercial real estate. Partnership supports industry education and professional advancement.
• GRESBcoreStrategic or Co-development PartnerAlliance works with GRESB (Global Real Estate Sustainability Benchmark), the standard for measuring ESG and climate performance in real assets. Jennifer Stevens received the inaugural GRESB Investor Leadership Award in 2016.
• MIT Center for Real EstateminorStrategic or Co-development PartnerAlliance partners with MIT Center for Real Estate through its Masterclass series and mentorship programs, contributing educational content and industry expertise to support the next generation of real estate professionals.
• Babson CollegeminorStrategic or Co-development PartnerAlliance collaborates with Babson College on educational initiatives, including participation in the TARCO Institute for Real Estate and Entrepreneurship. Jennifer Stevens and Heather Fernstrom spoke at Babson's third annual State of the Commercial Real Estate Market event.
• NYU (New York University)minorStrategic or Co-development PartnerAlliance partners with NYU through its Masterclass series, contributing thought leadership content and industry expertise to real estate students and professionals.
• SMU Cox (Folsom Institute for Real Estate)minorStrategic or Co-development PartnerAlliance collaborates with SMU Cox's Folsom Institute for Real Estate through educational content and professional development programs.
• Ohio State University (Fisher College of Business)minorStrategic or Co-development PartnerAlliance partners with Ohio State University's Fisher College of Business through its Masterclass series and mentorship initiatives.
• DePaul UniversityminorStrategic or Co-development PartnerAlliance collaborates with DePaul University on real estate education and professional development programs.
• University of MinnesotaminorStrategic or Co-development PartnerAlliance partners with the University of Minnesota through its mentorship and professional development initiatives.
• CEO Action for Diversity & InclusioncoreStrategic or Co-development PartnerAlliance has signed the CEO Action pledge, demonstrating commitment to diversity and inclusion in the workplace. The firm is committed to building an inclusive environment where everyone feels welcome, valued, and respected.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• The Townsend Group: Institutional real estate investment consultancy serving pension funds, endowments, and investment managers. Both Alliance co-founders came from senior Townsend roles, and the firm operates an almost identical business model targeting the same LP and GP customer base.
• RCLCO: Real estate advisory firm providing strategy, capital markets, and fund formation services to institutional investors and operators. Directly comparable advisory platform serving overlapping institutional real estate clients.
• Hodes Weill & Associates: Real estate investment advisory firm focused on institutional investors and fund managers globally. Comparable in its emphasis on institutional capital formation and GP advisory for real estate strategies.
• Pivotal Path: Private markets advisory and benchmarking platform serving real asset fund managers. Overlaps with Alliance in data-driven strategy and capital raising advisory for alternative investment managers.

Broad incumbents

• Green Street Advisors: Larger, established commercial real estate research and advisory firm serving public REITs, private operators, and institutional investors. Comparable customer overlap but broader portfolio of research and capital markets services.
• Meketa Investment Group: Independent investment consulting firm with a dedicated real assets practice advising institutional investors on manager selection and portfolio construction. Operates in the same institutional real estate advisory ecosystem.
• Mercer: Global consulting arm of Marsh McLennan with a substantial real estate investment advisory practice serving pension funds and institutional investors. Competes for the same institutional mandates as Alliance at a much larger scale.
• Aon: Global professional services firm whose real estate advisory practice (including the legacy Townsend Group) serves institutional investors and fund managers. Largest scaled competitor in the institutional real estate advisory category.
• Cambridge Associates: Investment advisory firm serving institutional and private wealth clients with substantial real assets research and manager research capabilities. Comparable institutional customer overlap with broader asset class coverage.
• StepStone Group: Global private markets investment firm providing advisory, fund formation, and secondaries services with a dedicated real assets focus. Comparable in advising institutional real estate fund managers on capital strategy and platform development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alliance-global-advisors

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alliance Global Advisors