• AdvisoryCloud

AdvisoryCloud

Overview

AdvisoryCloud has a rating of 1.47 stars from 33 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers complaining about AdvisoryCloud most frequently mention credit card problems. AdvisoryCloud ranks 257th among Financial Advisory sites.

  • Service
    22
  • Value
    21
  • Quality
    20

This company does not typically respond to reviews

Positive reviews (last 12 months): 13.3%
Positive
2
Neutral
0
Negative
13
How would you rate AdvisoryCloud?
Top Positive Review

“A Game-Changer in the Advisory Landscape”

Frank J.
4/22/23

AdvisoryCloud has truly revolutionized the way I approach my professional journey. The platform is a goldmine for executives and companies alike, providing unparalleled access to a global network of accomplished professionals and innovative businesses. The moment I created my advisor profile, I was impressed with the user-friendly interface, the emphasis on showcasing my unique skill sets, and the potential for global visibility. It didn't take long for me to start connecting with companies who valued my expertise and were eager to leverage it for their growth. One of the standout features of AdvisoryCloud is the digital boardroom – an intuitive, secure space that facilitates meaningful, real-time collaborations. I've had insightful discussions, provided strategic advice, and learned a great deal from other advisors through this feature. What's more, the opportunity to join various advisory boards has been a significant career booster. From startups to established enterprises, the range of companies on the platform has allowed me to diversify my experience and expand my professional network. AdvisoryCloud also stands out in its commitment to advisor growth. From providing a dedicated account manager to ensuring seamless integration with LinkedIn for optimal profile promotion, they have left no stone unturned in providing value to their members.

Top Critical Review

“Not worth the expense”

Perry K.
8/16/23

Advisory Cloud claims to give you access to companies seeking advisors, but for $195 a month, you're bound to one company. If you want to advise for more, you need to upgrade to the premium plan for thousands of dollars. There's also not enough activity on the platform to generate discussion or engagement. The company I joined as an advisor never connected with me. It feels like a ploy for folks who want to add company listings to their LinkedIn and not much else.

Reviews (33)

Rating

Timeframe

Other

Thumbnail of user perryk102
1 review
16 helpful votes
August 16th, 2023
Verified purchase

Advisory Cloud claims to give you access to companies seeking advisors, but for $195 a month, you're bound to one company. If you want to advise for more, you need to upgrade to the premium plan for thousands of dollars. There's also not enough activity on the platform to generate discussion or engagement. The company I joined as an advisor never connected with me. It feels like a ploy for folks who want to add company listings to their LinkedIn and not much else.

Thumbnail of user jimp1165
2 reviews
32 helpful votes
October 27th, 2022
Verified purchase

I tried to cancel my service within one day of finishing the trial period. The companies they offered looking for advice did not match my skill set and I was a little tardy in the cancellation, cancelling the day after the trial finished. They took the money from my credit card for the next month, within one minute of the trial expiry. Then, despite multiple requests, they refused to refund the one month payment - for a service I don't need and will not be used by me.
So now I am £295 out of pocket. Read the other reviews on this company before paying anything.

Tip for consumers:
Cancel your trial immediately after starting - don't run the risk of them taking your money as you won't get anything back.

Products used:
None, none were of any use.

Service
Value
Quality
Thumbnail of user mitchellk148
1 review
10 helpful votes
July 14th, 2023

This is not fun. Advisory Cloud does not assist you in any meaningful way to match you with deserving organizations. And then, there are too many organizations that are terribly defined, lacking in resource, guidance, or strategy. The matchmaking is awful, inaccurate and leaves the advisor, the payer, without much results. Don't waste your time and money.

Service
Value
Quality
Thumbnail of user frankj840
1 review
3 helpful votes
April 22nd, 2023

AdvisoryCloud has truly revolutionized the way I approach my professional journey. The platform is a goldmine for executives and companies alike, providing unparalleled access to a global network of accomplished professionals and innovative businesses.

The moment I created my advisor profile, I was impressed with the user-friendly interface, the emphasis on showcasing my unique skill sets, and the potential for global visibility. It didn't take long for me to start connecting with companies who valued my expertise and were eager to leverage it for their growth.

One of the standout features of AdvisoryCloud is the digital boardroom – an intuitive, secure space that facilitates meaningful, real-time collaborations. I've had insightful discussions, provided strategic advice, and learned a great deal from other advisors through this feature.

What's more, the opportunity to join various advisory boards has been a significant career booster. From startups to established enterprises, the range of companies on the platform has allowed me to diversify my experience and expand my professional network.

AdvisoryCloud also stands out in its commitment to advisor growth. From providing a dedicated account manager to ensuring seamless integration with LinkedIn for optimal profile promotion, they have left no stone unturned in providing value to their members.

Service
Value
Quality
Thumbnail of user samm1438
1 review
14 helpful votes
December 22nd, 2022

Looks like the business model includes taking your monthly subscription and refusing any sort of refund or money back, even one half day into the cycle.

Service
Value
Quality
Thumbnail of user paulb3769
1 review
32 helpful votes
May 22nd, 2022

Wanted to try their "Free Trial " as I was curious about their service. Decided I was not interested and forgot about them. Literally, the very second my 30 day "free trial" ended, they immediately charged my credit card $950 (!)- something not made clear to me AT ALL. I called the minute the charge hit my credit card, desperate to advise them of the error only to be told "sorry we sent you an e-mail a few days ago (that conveniently went to my SPAM box) telling you your trial period was coming to an end- there's NOTHING we can do." What kind of company blatantly steals money like this from people who clearly do not want their product? This is so shady, I can't even. Stay as FAR away from this shady company as possible.

Tip for consumers:
Stay far far away.

Products used:
None

Service
Value
Quality
Thumbnail of user maryannm244
2 reviews
18 helpful votes
August 17th, 2022

I signed up for the free trial. Upon looking around their site, it was complicated and convoluted. I immediately cancelled my membership. They charged my credit card $295. When I contacted them to ask for a refund, they said they never received my cancellation and couldn't contact me because I opted out of email. It was apparent I did not use their service, and I contacted them the day after my trial was supposed to end. I've since seen similar postings from others.

Tip for consumers:
Don't sign up for the free trial; it's a scam

Products used:
Didn't use any, but they charged me anyway

Service
Value
Thumbnail of user kmcdermott
1 review
11 helpful votes
May 15th, 2023

Tried the free trial and found there were only 3 companies seeking board members or advisors and yet they charge $100s of dollars to become a member but very little opportunity once you do. The idea was interesting but clearly companies aren't coming to them looking for advisors or board members. Save your time!

Tip for consumers:
When I asked for a refund because there were so few companies looking for board members they refused and offered a discount on two more months of service. Definitely not! Not worth my money. I'm only writing a review because I feel misled and want to help others avoid the same thing happening to them.

Products used:
Premium membership

Thumbnail of user christopherjlew
1 review
12 helpful votes
May 22nd, 2023

Set up a free 1-week trial to play around on the platform and see if it'd be valuable for me. I had a couple major issues with the platform:

(1) Value—I'm a strategy consultant in the health tech space, so was looking for startups aligned with my expertise. While there were a couple, they were obviously unfundable / not well thought out business concepts (i.e., not even salvageable without pivoting to a new idea altogether). Several non healthcare startups reached out to invite me to sit on their board, which would make zero sense given they operate in markets I know next to nothing about. Overall, left with a feeling that there's not a ton of real value exchange going on here.

(2) Ethics of the company—I cancelled my trial subscription on the 7th day, but was a mere hour or two after the exact time I initiated the trial 7 days prior. I was shocked to see a $195 charge go through for one month of additional access. After explaining the situation, customer service and a supervisor both declined to offer a refund. This business truly operates in bad faith and I can't fathom what kind of leaders, team, and culture prey on consumers (this was a personal, not business expense for me) to eke out some extra subscription revenue. Disgusting professional behavior that I would tell any of my network to avoid on principle, beyond the fact that the value of the platform itself is low.

Products used:
AdvisoryCloud Basic

Service
Value
Quality
Thumbnail of user johnf4245
1 review
1 helpful vote
July 1st, 2022

Quick to fix an issue after a billing dispute. I appreciate Sara's quick response and quick resolution

Products used:
None

Service
Value
Quality
Thumbnail of user alexj1017
1 review
6 helpful votes
December 7th, 2023

So this is like a company saying "pay us for an unlimited dining experience" and then offering just hamburgers and PB&J. I would gladly pay $300 per month to get exposure & networking to advisory boards and C-Suite executives with companies that are either struggling or just average. I believe in my ability to grow those relationships and show real value to those companies. However, it's a testament to the team's ethics and business practices that not many companies are willing to take on advisors via this channel. It could be a legit business but its' not and that says something. Don't waste your time.

Service
Value
Quality
Thumbnail of user richard.swartz72
2 reviews
8 helpful votes
May 24th, 2023
Verified purchase

It sounds great, but in practice they are worthless. I believe this company is a scam. I didn't realize they were still charging me $285 a quarter. When I requested a refund they refused.

Tip for consumers:
Save your money the salesman is very good the service is not.

Products used:
None ... they said they could get me on a board it is easy ... what a joke.
I am sorry I fell for their scam.

Service
Value
Quality
Thumbnail of user gianlucas16
1 review
12 helpful votes
February 15th, 2023

This company is a scam. Their customer service is horrendous. Their offering isn't client focused. There is no transparency.

Tip for consumers:
DO NOT SIGN UP!!!!

Service
Value
Quality
Thumbnail of user summers279
1 review
4 helpful votes
July 26th, 2023

These guys are a scam. It all is fraudulent, so Cancel your credit card if you signed up.
They were a useless app and saw they charged my card the day I signed up to ensure I had a valid credit card. Total phishing scam.

Thumbnail of user alanl745
1 review
6 helpful votes
May 31st, 2023

I signed up hoping to build my network for a free trial, but after it expired I noticed that most of the interactions were stale (not sure if they were even ever valid), and the opportunities was limited to the same ones over an over again. Save your money. Avoid this farce.

Thumbnail of user stephans54
2 reviews
34 helpful votes
September 19th, 2020

If Advisory Cloud is legal it is barely legal, otherwise an outright scam. I signed up for this, received none of the benefits promised and wrote it off. Then I got notice of a $285 deduction from my account called Advisory Cloud and asked for the fee to be refunded and the account closed. They closed the account but would not refund the $285 telling me that I should have notified them "15 days before the billing that I wished the account to be closed." I asked how I would know when the 15 day period began I was told that was my problem. Absolutely avoid these people.

Thumbnail of user jeanettes346
2 reviews
1 helpful vote
August 7th, 2023

Lyndsey was extremely helpful to me trying to get clarification on a number of details, after re-joining Advisory Cloud.I needed information about a number of different topics and she was able to provide answers about most of them and called me back with something she had to contact another area to clarify. Great service and very knowledgeable.

Service
Thumbnail of user jimh1837
1 review
3 helpful votes
December 3rd, 2023

I wound up paying for 9 months on a quarterly basis and had to fight to get that subscription ended…I was up on three 'recommeded' boards and was only asked one question during that time, and that was on a trivial 'which do you prefer' question… I was led to believe this was a path to be able to join the BoD - but this is not that. I do not recommend this. Networking still remains my primary approach to identifying and deciding to join and be on a BoD.

Thumbnail of user swindledcustomern
1 review
9 helpful votes
March 23rd, 2023

Do not waste your time and money on this scam. Chris Beaver sends you an elaborate phishing campaign promising a board seat. Before your trial period ends they bill you a whopping $395.
The platform itself is a bunch of empty and inactive chat rooms of unknown, paper companies.

Thumbnail of user johnj2393
2 reviews
1 helpful vote
August 23rd, 2021

I was able to get good advice for my startup. The new improvements on the new site are also making it easier to get feedback.

Products used:
The Annual $950

Service
Value
Quality
Thumbnail of user markc3546
1 review
10 helpful votes
August 16th, 2022

Joined a year ago and had no success or consults for any real companies. This site is a total scam and they just rebill you like clockwork

Tip for consumers:
DO NOT purchase this. You will throw your money away just so you can write a pretty bio and hope someone notices you. Good Luck. It is a waste. Oh and there is no cancelling or getting out of the contract you sign. They bill you and then totally report it on your credit report as a debt

Products used:
Their professional service $285 per Quarter

Service
Value
Quality
Thumbnail of user dawnr732
1 review
8 helpful votes
January 3rd, 2023

Don't do what they promise! No emails, no contacts. Billed me before trial period was over. When I cancelled they offered me a 50% discount to stay. Why not offer that price in the first place. Although I woudn't pay them $5 because they offered no service. Now I continue to fight for a refund they shouldn't have charged me for anyway.

Tip for consumers:
DON"T DO IT

Service
Value
Quality
Thumbnail of user erich1910
1 review
11 helpful votes
June 24th, 2022
Verified purchase

Beware if sign up for a trial with your credit card. They will automatically bill you without further authorization. They will not refund if you miss the trial expiration.

Your initial fee $1K provides signing up for a single board. Never heard from sign-up on recommended board. Signing up looks like you get put in a chat room offering free advice.

Since they would not refund the day they charged me and I escalated to management and dispute submitted to the bank was refused with AdvisoryCloud refering to their online agreement for trial and the bank accepted it.

Note, be advised if you like chatting for free, for $1K you can have one active so-called board membership. Checking to add board interest to posting, found for adding another board beyond one would be an upgrade for $Ks.

Complete scam, worthless service.

Thumbnail of user maartena2
1 review
32 helpful votes
February 1st, 2021

These people used to do business as ExecRank. I wasted my money with them and got zero leads. Not even bad leads or leads that were mismatched, just zero. The "advisory boards" they peddle consist mostly of companies wanting to access your LinkedIn network. None of the ones I saw offered pay (only a % of sales you would generate), and few if any of the represented companies would be considered "blue chip" or "recognizable". Does not mean the companies that are on it are not legit. It just means they are not going to be great add-ons to your resume. If you want to find positions like this, just blast yourself out there via your own LinkedIn network. You will probably have more success!

Tip for consumers:
Don't fall for it!

Products used:
Membership

Service
Value
Quality
Thumbnail of user chadb440
1 review
14 helpful votes
July 1st, 2022

Contrary to the claims of their marketing people there is not a huge number of companies seeking advisers like you. Once you pay them money you will discover that their website is nothing like what they claim. They ripped me off big time

Tip for consumers:
Run the other way because it is a scam

Products used:
The advisory cloud service promising to connect customers with companies wanting them to become advisors

Service
Value
Quality

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Beaver B.
Typically does not respond to reviews

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1.5
33 reviews
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