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Corporate finance advisory is the service that is given to the client by financial professionals for the betterment of the organization. On the other hand, financial management consultants work with the organization like a partner for the long term. They don’t work for them, they work with them.
An advisor normally works with clients on a long-term basis, providing advice for current business challenges. On the other hand, a consultant solves strictly defined, granular issues– they work on a project basis, each lasting 2-3 months.