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Glossary ·Turnaround & Restructuring

Turnaround Advisor

Also known as: Turnaround Consultant, Restructuring Advisor
Definition

A turnaround advisor helps leadership teams stabilize cash, governance, operations, stakeholder confidence, and execution during distress or underperformance. Strong turnaround advisors combine financial control with operating authority and the ability to translate constraints into action.

Turnaround advisory is different from normal consulting because the clock is shorter and the cost of indecision is higher.

The work starts with liquidity, decision rights, stakeholder trust, and a cadence that forces hard choices into the open.

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