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Advisory Board

Headquarters: 2445 M St. NW
Washington, DC 20037
Employees: 3,800
CEO: Robert Musselwhite
Stock Symbol: ABCO

Website: http://www.advisory.com

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The Advisory Board is a global research, technology, and consulting firm partnering with over 5,700 healthcare organizations and educational institutions.

Through its innovative membership model, the firm collaborates with executives and their teams to elevate performance and solve their most pressing challenges. The company provides strategic guidance, actionable insights, web-based software solutions, and comprehensive implementation and management services.

Headquartered in Washington, D.C., The Advisory Board Company has 12 regional offices in other parts of the United States, as well as offices in Europe and Asia. The company employs 2,000 people at its D.C. headquarters

In fiscal 2016, the company reported revenues of $803.4 million, up from $768.3 million the year before, and net income of $24.8 million. Members pay a contract that averages $140,000 per year.

History

The company was founded by David Bradley in 1979 as a small think tank in a single apartment owned by Bradley's mother with five employees. It was named Research Council of Washington.

In 1983, the firm began to specialize in financial services research and changes its name to The Advisory Board Company.

In 1986, the firm creates a health care-focused strategic research division and launches its first membership, the Health Care Advisory Board.

The Advisory Board went public in 2001.

Benefits

The firm offers a comprehensive benefits package designed to meet the demands of each individual’s life at work, as well as at home.

From the first day on the job, employees are eligible for coverage under most benefit plans, and employees are encouraged to participate in any, or all, of our benefit programs.

Health care coverage

Medical and prescription

We offer three competitive medical plans for eligible employees and their dependents, including a traditional PPO plan and two high-deductible health plans, all with free access to virtual doctors as well as a broad, national traditional PPO network. Eligible covered dependents include spouses and children.

Dental

Under our PPO dental plan, employees and their dependents have the freedom to select any dentist inside or outside the plan’s network. The comprehensive coverage includes preventive, basic, and major restorative dental care, as well as orthodontia for children.

Vision

The Advisory Board Company offers a vision care benefit plan that covers employee and covered dependents’ eye exams and corrective eye-care needs.


Finances and savings

Retirement plan

The Advisory Board Company offers a 401(k) plan designed to help employees save money for retirement. Employees are automatically enrolled upon joining the company with no waiting period. There is an annual employer contribution, and fully vested contributions within two years.

Employee stock purchase plan

Employees have the option to buy ABCO stock at a discounted rate.

Commuter benefits plan

We allow employees to allocate pre-tax money toward commuting expenses.

Flexible spending accounts

This includes health care FSA and dependent care FSA plans, which enable staff to pay for health care and dependent care costs on a pre-tax basis.

Life, accidental death and dismemberment, and disability coverage

The Advisory Board Company provides employer-paid group life insurance coverage and AD&D insurance coverage, as well as short- and long-term disability insurance.

Work–life balance

Paid time off

The firm provides ample paid (and email-free) holidays and at least 20 paid time-off days annually for vacation, personal, and sick time. Additional paid time off is available to employees for maternity/paternity leave, jury duty, military leave, bereavement, and community service.

Flexibility

In addition to paid leave for new parents, The Advisory Board Company supports employees in creating flexible work arrangements, including flextime, telecommuting, and part-time work.

Wellness and personal growth

Firm-wide wellness campaign

To support and encourage health and wellness, The Advisory Board Company sponsors employee wellness programming, including an annual health fair, nutrition seminars, fitness challenges, flu shot clinics, and more.

Fitness hours

We have a policy permitting a flexible schedule to allow employees to incorporate exercise into their day.

Community service

Our Community Impact program encourages employees to give back to the community, offering the nation’s most generous volunteer policy.

Assistance services

The firm offers personal resources such as a free health advocacy service, counseling services, legal assistance programs, and travel assistance.

Updated September 29, 2017

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